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Fidelity Special Values (LSE:FSV) Cyclically Adjusted Price-to-FCF : 44.00 (As of May. 26, 2024)


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What is Fidelity Special Values Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Fidelity Special Values's current share price is £3.08. Fidelity Special Values's Cyclically Adjusted FCF per Share for the fiscal year that ended in Aug23 was £0.07. Fidelity Special Values's Cyclically Adjusted Price-to-FCF for today is 44.00.

The historical rank and industry rank for Fidelity Special Values's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LSE:FSV' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 36.07   Med: 82.67   Max: 169.6
Current: 43.95

During the past 13 years, Fidelity Special Values's highest Cyclically Adjusted Price-to-FCF was 169.60. The lowest was 36.07. And the median was 82.67.

LSE:FSV's Cyclically Adjusted Price-to-FCF is ranked worse than
72.8% of 500 companies
in the Asset Management industry
Industry Median: 20.105 vs LSE:FSV: 43.95

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.

Fidelity Special Values's adjusted free cash flow per share data of for the fiscal year that ended in Aug23 was £0.111. 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 Aug23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fidelity Special Values Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fidelity Special Values'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.

Fidelity Special Values Cyclically Adjusted Price-to-FCF Chart

Fidelity Special Values Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.86 49.00 67.68 45.76 38.17

Fidelity Special Values Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 - 45.76 - 38.17 -

Competitive Comparison of Fidelity Special Values's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Fidelity Special Values'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.


Fidelity Special Values's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where Fidelity Special Values's Cyclically Adjusted Price-to-FCF falls into.



Fidelity Special Values 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.

Fidelity Special Values's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.08/0.07
=44.00

* 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.

Fidelity Special Values's Cyclically Adjusted FCF per Share for the fiscal year that ended in Aug23 is calculated as:

For example, Fidelity Special Values's adjusted Free Cash Flow per Share data for the fiscal year that ended in Aug23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Aug23 (Change)*Current CPI (Aug23)
=0.111/129.4000*129.4000
=0.111

Current CPI (Aug23) = 129.4000.

Fidelity Special Values Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201408 0.024 99.900 0.031
201508 0.037 100.300 0.048
201608 0.000 101.200 0.000
201708 0.000 104.000 0.000
201808 0.052 106.500 0.063
201908 0.066 108.300 0.079
202008 0.057 108.800 0.068
202108 0.064 112.100 0.074
202208 0.082 121.800 0.087
202308 0.111 129.400 0.111

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.


Fidelity Special Values  (LSE:FSV) 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.


Fidelity Special Values Cyclically Adjusted Price-to-FCF Related Terms

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


Fidelity Special Values (LSE:FSV) Business Description

Traded in Other Exchanges
Address
Millfield Lane, Beech Gate, Lower Kingswood, Fidelity International, Tadworth, Surrey, GBR, KT20 6RP
Fidelity Special Values PLC is an investment trust company operating in the UK. The company's investment objective is to achieve long term capital growth predominantly through investment in UK listed companies. It seeks to meet its investment objective through investment in a diversified portfolio of securities issued by or related to predominantly the UK listed companies across the market capitalization spectrum, and the investment approach is flexible, with positions in large, medium and smaller sized companies. The group may use gearing to enhance long term capital growth using debt and CFDs, depending on the relative cost and availability of those instruments.

Fidelity Special Values (LSE:FSV) Headlines