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JPMorgan European Growth &ome (LSE:JEGI) Cyclically Adjusted Price-to-FCF : 21.60 (As of May. 27, 2024)


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What is JPMorgan European Growth &ome Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), JPMorgan European Growth &ome's current share price is £1.08. JPMorgan European Growth &ome's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was £0.05. JPMorgan European Growth &ome's Cyclically Adjusted Price-to-FCF for today is 21.60.

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

LSE:JEGI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.96   Med: 58   Max: 93.33
Current: 20.53

During the past 13 years, JPMorgan European Growth &ome's highest Cyclically Adjusted Price-to-FCF was 93.33. The lowest was 14.96. And the median was 58.00.

LSE:JEGI's Cyclically Adjusted Price-to-FCF is ranked worse than
50.8% of 500 companies
in the Asset Management industry
Industry Median: 20.105 vs LSE:JEGI: 20.53

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.

JPMorgan European Growth &ome's adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was £0.026. 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 £0.05 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


JPMorgan European Growth &ome Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for JPMorgan European Growth &ome'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.

JPMorgan European Growth &ome Cyclically Adjusted Price-to-FCF Chart

JPMorgan European Growth &ome Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.92 41.90 64.12 16.53 17.87

JPMorgan European Growth &ome Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 16.53 - 17.87 -

Competitive Comparison of JPMorgan European Growth &ome's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, JPMorgan European Growth &ome'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.


JPMorgan European Growth &ome's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where JPMorgan European Growth &ome's Cyclically Adjusted Price-to-FCF falls into.



JPMorgan European Growth &ome 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.

JPMorgan European Growth &ome's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.08/0.05
=21.60

* 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.

JPMorgan European Growth &ome's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, JPMorgan European Growth &ome's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.026/126.8000*126.8000
=0.026

Current CPI (Mar23) = 126.8000.

JPMorgan European Growth &ome Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.039 99.300 0.050
201503 -0.012 99.600 -0.015
201603 0.055 100.400 0.069
201703 0.072 102.700 0.089
201803 0.064 105.100 0.077
201903 0.064 107.000 0.076
202003 0.070 108.600 0.082
202103 0.042 109.700 0.049
202203 0.022 116.500 0.024
202303 0.026 126.800 0.026

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.


JPMorgan European Growth &ome  (LSE:JEGI) 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.


JPMorgan European Growth &ome Cyclically Adjusted Price-to-FCF Related Terms

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


JPMorgan European Growth &ome (LSE:JEGI) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan European Investment Trust PLC is an investment trust company based in the United Kingdom. The company invests across two categories of investments, which are growth and income. Its investment objective of the growth portfolio is to provide capital growth and a rising share price over the longer term from Continental European investments. The company invests in a diversified portfolio of investments in the stock markets of Continental Europe. Its investment objective of the income portfolio is to provide a growing income together with the potential for long term capital growth by investing in a portfolio of investments that are diversified amongst countries, sectors and market capitalization.

JPMorgan European Growth &ome (LSE:JEGI) Headlines

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