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Rights and Issues Inv Trust (LSE:RIII) Cyclically Adjusted Price-to-FCF : 0.09 (As of Jun. 15, 2024)


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What is Rights and Issues Inv Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-06-15), Rights and Issues Inv Trust's current share price is £24.30. Rights and Issues Inv Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was £275.62. Rights and Issues Inv Trust's Cyclically Adjusted Price-to-FCF for today is 0.09.

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

LSE:RIII' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.02   Med: 0.07   Max: 201
Current: 0.09

During the past 13 years, Rights and Issues Inv Trust's highest Cyclically Adjusted Price-to-FCF was 201.00. The lowest was 0.02. And the median was 0.07.

LSE:RIII's Cyclically Adjusted Price-to-FCF is ranked better than
99.4% of 504 companies
in the Asset Management industry
Industry Median: 19.72 vs LSE:RIII: 0.09

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.

Rights and Issues Inv Trust's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was £1.372. 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 £275.62 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rights and Issues Inv Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Rights and Issues Inv 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.

Rights and Issues Inv Trust Cyclically Adjusted Price-to-FCF Chart

Rights and Issues Inv Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.09 0.11 0.07 0.08

Rights and Issues Inv Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.11 - 0.07 - 0.08

Competitive Comparison of Rights and Issues Inv Trust's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Rights and Issues Inv 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.


Rights and Issues Inv Trust's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where Rights and Issues Inv Trust's Cyclically Adjusted Price-to-FCF falls into.



Rights and Issues Inv 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.

Rights and Issues Inv Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=24.30/275.62
=0.09

* 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.

Rights and Issues Inv Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Rights and Issues Inv Trust's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.372/130.5000*130.5000
=1.372

Current CPI (Dec23) = 130.5000.

Rights and Issues Inv Trust Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 132.375 99.900 172.922
201512 1,978.889 100.400 2,572.161
201612 0.405 102.200 0.517
201712 1.674 105.000 2.081
201812 0.582 107.100 0.709
201912 1.739 108.500 2.092
202012 -0.055 109.400 -0.066
202112 2.834 114.700 3.224
202212 1.147 125.300 1.195
202312 1.372 130.500 1.372

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.


Rights and Issues Inv Trust  (LSE:RIII) 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.


Rights and Issues Inv Trust Cyclically Adjusted Price-to-FCF Related Terms

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


Rights and Issues Inv Trust (LSE:RIII) Business Description

Traded in Other Exchanges
N/A
Address
Rodney Way, Hamilton Centre, Chelmsford, Essex, GBR, CM1 3BY
Rights and Issues Inv Trust PLC is a self-managed investment trust based in the United Kingdom. The company's objective is to generate long-term returns while managing risk by seeking out undervalued equity investments. The company also places an emphasis on smaller UK-based companies but its portfolio includes securities across all sectors, geographies, and industries.

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