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Albion Technology & General VCT (LSE:AATG) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


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What is Albion Technology & General VCT Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Albion Technology & General VCT Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Albion Technology & General VCT's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Albion Technology & General VCT Cyclically Adjusted Price-to-FCF Chart

Albion Technology & General VCT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,440.28 - - - -

Albion Technology & General VCT Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Albion Technology & General VCT's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Albion Technology & General VCT's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Albion Technology & General VCT's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Albion Technology & General VCT's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Albion Technology & General VCT's Cyclically Adjusted Price-to-FCF falls into.



Albion Technology & General VCT Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Albion Technology & General VCT's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Albion Technology & General VCT's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.009/130.5000*130.5000
=-0.009

Current CPI (Dec23) = 130.5000.

Albion Technology & General VCT Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.002 99.900 0.003
201512 0.001 100.400 0.001
201612 -0.004 102.200 -0.005
201712 -0.009 105.000 -0.011
201812 -0.008 107.100 -0.010
201912 -0.007 108.500 -0.008
202012 -0.016 109.400 -0.019
202112 -0.014 114.700 -0.016
202212 -0.011 125.300 -0.011
202312 -0.009 130.500 -0.009

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Albion Technology & General VCT  (LSE:AATG) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Albion Technology & General VCT Cyclically Adjusted Price-to-FCF Related Terms

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Albion Technology & General VCT (LSE:AATG) Business Description

Traded in Other Exchanges
N/A
Address
1 Benjamin Street, London, GBR, EC1M 5QL
Albion Technology & General VCT PLC provides investors with a regular and predictable source of dividend income combined with the prospect of longer-term capital growth. The company maintains a balanced portfolio of predominantly unquoted growth and technology businesses in a qualifying Venture Capital Trust. The company operates in a single business segment, which is an investment in smaller early-stage companies principally based in the United Kingdom.

Albion Technology & General VCT (LSE:AATG) Headlines

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