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Aberdeen Australia Equity Fund (Aberdeen Australia Equity Fund) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


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What is Aberdeen Australia Equity Fund Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aberdeen Australia Equity Fund Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aberdeen Australia Equity Fund'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.

Aberdeen Australia Equity Fund Cyclically Adjusted Price-to-FCF Chart

Aberdeen Australia Equity Fund Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Price-to-FCF
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Aberdeen Australia Equity Fund Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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Competitive Comparison of Aberdeen Australia Equity Fund's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Aberdeen Australia Equity Fund'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.


Aberdeen Australia Equity Fund's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Aberdeen Australia Equity Fund's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Aberdeen Australia Equity Fund's Cyclically Adjusted Price-to-FCF falls into.



Aberdeen Australia Equity Fund 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.

Aberdeen Australia Equity Fund's Cyclically Adjusted FCF per Share for the fiscal year that ended in Oct23 is calculated as:

For example, Aberdeen Australia Equity Fund's adjusted Free Cash Flow per Share data for the fiscal year that ended in Oct23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Oct23 (Change)*Current CPI (Oct23)
=0/129.8097*129.8097
=0.000

Current CPI (Oct23) = 129.8097.

Aberdeen Australia Equity Fund Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201410 0.000 100.176 0.000
201510 0.000 100.346 0.000
201610 0.000 101.988 0.000
201710 0.000 104.070 0.000
201810 0.000 106.695 0.000
201910 0.000 108.577 0.000
202010 0.000 109.861 0.000
202110 0.000 116.696 0.000
202210 0.000 125.734 0.000
202310 0.000 129.810 0.000

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.


Aberdeen Australia Equity Fund  (AMEX:IAF) 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.


Aberdeen Australia Equity Fund Cyclically Adjusted Price-to-FCF Related Terms

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


Aberdeen Australia Equity Fund (Aberdeen Australia Equity Fund) Business Description

Traded in Other Exchanges
N/A
Address
1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
Aberdeen Australia Equity Fund Inc is a non-diversified closed-end investment management company. With a core focus on long-term capital appreciation, it invests predominantly in equity securities listed on the Australian Stock Exchange. Its secondary objective is current income, which it expects to derive from dividends and interest on Australian corporate and governmental securities. Its investment portfolio comprises diversified sectors that include Financials, Health Care, Materials, Information Technology, Real Estate, and other sectors.
Executives
Katie Lynn Gebauer officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katherine A. Corey officer: Vice President 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Ai Hua Aik other: Director of Investment Manager 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Andrew Kophamel other: Director of Investment Manager C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Brian Kordeck officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Heather Hasson officer: Vice President C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Michael Marsico officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Andrew Wonil Kim officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Robert W. Hepp officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Radhika Ajmera director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Stephen Bird director 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10022
Rene Buehlmann other: CEO/Director of Invest. Mngr. C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
James Joseph O'connor officer: Vice President C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Chris Demetriou officer: Vice President 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Adam Mccabe officer: Director of Investment Manager 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103