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abrdn Smallerome Trust (LSE:ASCI) Cyclically Adjusted Price-to-FCF : 34.00 (As of Jun. 08, 2024)


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What is abrdn Smallerome Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), abrdn Smallerome Trust's current share price is £2.38. abrdn Smallerome Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 was £0.07. abrdn Smallerome Trust's Cyclically Adjusted Price-to-FCF for today is 34.00.

The historical rank and industry rank for abrdn Smallerome Trust's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LSE:ASCI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 32   Med: 44   Max: 66.5
Current: 33.71

During the past 13 years, abrdn Smallerome Trust's highest Cyclically Adjusted Price-to-FCF was 66.50. The lowest was 32.00. And the median was 44.00.

LSE:ASCI's Cyclically Adjusted Price-to-FCF is not ranked
in the Asset Management industry.
Industry Median: 20.31 vs LSE:ASCI: 33.71

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

abrdn Smallerome Trust's adjusted free cash flow per share data of for the fiscal year that ended in Dec22 was £0.092. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is £0.07 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


abrdn Smallerome Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for abrdn Smallerome Trust'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.

* Premium members only.

abrdn Smallerome Trust Cyclically Adjusted Price-to-FCF Chart

abrdn Smallerome Trust Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.75 57.63 54.61 60.72 34.06

abrdn Smallerome Trust Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 60.72 - 34.06 -

Competitive Comparison of abrdn Smallerome Trust's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, abrdn Smallerome Trust'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.


abrdn Smallerome Trust's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, abrdn Smallerome Trust's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where abrdn Smallerome Trust's Cyclically Adjusted Price-to-FCF falls into.



abrdn Smallerome Trust 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.

abrdn Smallerome Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.38/0.07
=34.00

* 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.

abrdn Smallerome Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, abrdn Smallerome Trust's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.092/125.3000*125.3000
=0.092

Current CPI (Dec22) = 125.3000.

abrdn Smallerome Trust Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.054 99.200 0.068
201412 0.053 99.900 0.066
201512 0.054 100.400 0.067
201612 0.054 102.200 0.066
201712 0.050 105.000 0.060
201812 0.068 107.100 0.080
201912 0.079 108.500 0.091
202012 0.033 109.400 0.038
202112 0.071 114.700 0.078
202212 0.092 125.300 0.092

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.


abrdn Smallerome Trust  (LSE:ASCI) 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.


abrdn Smallerome Trust Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of abrdn Smallerome Trust's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


abrdn Smallerome Trust (LSE:ASCI) Business Description

Traded in Other Exchanges
N/A
Address
1 George Street, Edinburgh, GBR, EH2 2LL
abrdn Smaller Companies Income Trust PLC is a United Kingdom based is closed-end investment company. Its objective is to provide a high and growing dividend, and capital growth from a portfolio invested principally in the ordinary shares of smaller UK companies and the UK fixed income securities. The company invests in equities, corporate bonds, and preference shares.

abrdn Smallerome Trust (LSE:ASCI) Headlines

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