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Baillie Gifford European Growth Trust (LSE:BGEU) Cyclically Adjusted Price-to-FCF : 99.60 (As of Jun. 04, 2024)


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What is Baillie Gifford European Growth Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), Baillie Gifford European Growth Trust's current share price is £0.996. Baillie Gifford European Growth Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep23 was £0.01. Baillie Gifford European Growth Trust's Cyclically Adjusted Price-to-FCF for today is 99.60.

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

LSE:BGEU' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 29.73   Med: 49.4   Max: 163.6
Current: 71.37

During the past 13 years, Baillie Gifford European Growth Trust's highest Cyclically Adjusted Price-to-FCF was 163.60. The lowest was 29.73. And the median was 49.40.

LSE:BGEU's Cyclically Adjusted Price-to-FCF is ranked worse than
81.76% of 499 companies
in the Asset Management industry
Industry Median: 20.16 vs LSE:BGEU: 71.37

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.

Baillie Gifford European Growth Trust's adjusted free cash flow per share data of for the fiscal year that ended in Sep23 was £0.022. 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 £0.01 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Baillie Gifford European Growth Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Baillie Gifford European Growth 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.

Baillie Gifford European Growth Trust Cyclically Adjusted Price-to-FCF Chart

Baillie Gifford European Growth Trust Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.57 69.55 104.81 60.02 60.39

Baillie Gifford European Growth Trust Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 - 60.02 - 60.39 -

Competitive Comparison of Baillie Gifford European Growth Trust's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Baillie Gifford European Growth 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.


Baillie Gifford European Growth Trust's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where Baillie Gifford European Growth Trust's Cyclically Adjusted Price-to-FCF falls into.



Baillie Gifford European Growth 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.

Baillie Gifford European Growth Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.996/0.01
=99.60

* 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.

Baillie Gifford European Growth Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Baillie Gifford European Growth Trust's adjusted Free Cash Flow per Share data for the fiscal year that ended in Sep23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=0.022/130.1000*130.1000
=0.022

Current CPI (Sep23) = 130.1000.

Baillie Gifford European Growth Trust Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.015 100.000 0.020
201509 0.015 100.200 0.019
201609 0.000 101.500 0.000
201709 0.000 104.300 0.000
201809 0.000 106.600 0.000
201909 0.026 108.400 0.031
202009 0.005 109.200 0.006
202109 -0.002 112.400 -0.002
202209 0.001 122.300 0.001
202309 0.022 130.100 0.022

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.


Baillie Gifford European Growth Trust  (LSE:BGEU) 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.


Baillie Gifford European Growth Trust Cyclically Adjusted Price-to-FCF Related Terms

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


Baillie Gifford European Growth Trust (LSE:BGEU) Business Description

Traded in Other Exchanges
Address
28 St James's Square, Grimaldi House, London, GBR, SW1Y 4JH
Baillie Gifford European Growth Trust PLC is an investment company. The company's investment objective is to achieve long-term capital growth through a diversified portfolio of Continental European securities. It adopts the investment in the diverse and increasingly accessible market of Continental Europe which provides opportunities for capital growth over the long term. The company holds a diversified portfolio of investments including Industrials, consumer discretionary, consumer services, financials, healthcare, and others. The investment manager of the company focuses upon identifying the long term value of a company's share and to hold the shares until that value is appreciated by other investors. Its revenue consists of income from an investment.

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