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Invesco Global Equityome Trust (LSE:IGET) Cyclically Adjusted Price-to-FCF : 10.69 (As of Jun. 14, 2024)


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What is Invesco Global Equityome Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-06-14), Invesco Global Equityome Trust's current share price is £2.78. Invesco Global Equityome Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in May23 was £0.26. Invesco Global Equityome Trust's Cyclically Adjusted Price-to-FCF for today is 10.69.

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

LSE:IGET' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.15   Med: 19.15   Max: 63.83
Current: 9.04

During the past 13 years, Invesco Global Equityome Trust's highest Cyclically Adjusted Price-to-FCF was 63.83. The lowest was 8.15. And the median was 19.15.

LSE:IGET's Cyclically Adjusted Price-to-FCF is ranked better than
69.84% of 504 companies
in the Asset Management industry
Industry Median: 19.675 vs LSE:IGET: 9.04

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.

Invesco Global Equityome Trust's adjusted free cash flow per share data of for the fiscal year that ended in May23 was £1.093. 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 £0.26 for the trailing ten years ended in May23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Invesco Global Equityome Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Invesco Global Equityome 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.

Invesco Global Equityome Trust Cyclically Adjusted Price-to-FCF Chart

Invesco Global Equityome Trust Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.77 15.48 15.20 11.85 8.74

Invesco Global Equityome Trust Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 - 11.85 - 8.74 -

Competitive Comparison of Invesco Global Equityome Trust's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Invesco Global Equityome 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.


Invesco Global Equityome Trust's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where Invesco Global Equityome Trust's Cyclically Adjusted Price-to-FCF falls into.



Invesco Global Equityome 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.

Invesco Global Equityome Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.78/0.26
=10.69

* 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.

Invesco Global Equityome Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in May23 is calculated as:

For example, Invesco Global Equityome Trust's adjusted Free Cash Flow per Share data for the fiscal year that ended in May23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of May23 (Change)*Current CPI (May23)
=1.093/129.1000*129.1000
=1.093

Current CPI (May23) = 129.1000.

Invesco Global Equityome Trust Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.029 99.600 0.038
201505 0.029 100.100 0.037
201605 0.057 100.800 0.073
201705 0.068 103.500 0.085
201805 0.088 105.900 0.107
201905 0.242 107.900 0.290
202005 0.223 108.600 0.265
202105 0.329 111.000 0.383
202205 1.135 119.700 1.224
202305 1.093 129.100 1.093

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.


Invesco Global Equityome Trust  (LSE:IGET) 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.


Invesco Global Equityome Trust Cyclically Adjusted Price-to-FCF Related Terms

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


Invesco Global Equityome Trust (LSE:IGET) Business Description

Traded in Other Exchanges
Address
Perpetual Park Drive, Perpetual Park, Henley-on-Thames, Oxfordshire, GBR, RG9 1HH
Invesco Select Trust PLC is an investment company based in the UK. The company invests its shareholders' funds with the aim of spreading investment risk and generating returns. Its investment objective is to provide shareholders with a choice of investment strategies and policies, each intended to generate attractive risk-adjusted returns. The company focuses on investing no more than 15% of the gross assets in a single investment and not more than 10% of the gross assets invested in other listed investment companies. Its share capital comprises four share classes namely UK Equity Shares, Global Equity Income Shares, Balanced Risk Allocation Shares, and Managed Liquidity Shares and it allows shareholders to convert between share classes.

Invesco Global Equityome Trust (LSE:IGET) Headlines

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