Kayne Anderson Energy Total Return Fund (Kayne Anderson Energy Total Return Fund) Cyclically Adjusted FCF per Share : $0.00 (As of May. 2018)

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What is Kayne Anderson Energy Total Return Fund Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Kayne Anderson Energy Total Return Fund's adjusted free cash flow per share data for the fiscal year that ended in Nov. 2017 was $1.369. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.00 for the trailing ten years ended in Nov. 2017.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-05-07), Kayne Anderson Energy Total Return Fund's current stock price is $ 9.89. Kayne Anderson Energy Total Return Fund's Cyclically Adjusted FCF per Share for the fiscal year that ended in Nov. 2017 was $0.00. Kayne Anderson Energy Total Return Fund's Cyclically Adjusted Price-to-FCF of today is .

Kayne Anderson Energy Total Return Fund Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Kayne Anderson Energy Total Return Fund's Cyclically Adjusted FCF per Share 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.

Kayne Anderson Energy Total Return Fund Cyclically Adjusted FCF per Share Chart

Kayne Anderson Energy Total Return Fund Annual Data

Trend

Nov17

Cyclically Adjusted FCF per Share

Kayne Anderson Energy Total Return Fund Semi-Annual Data
	Nov17	May18
Cyclically Adjusted FCF per Share	-	-

Competitive Comparison of Kayne Anderson Energy Total Return Fund's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, Kayne Anderson Energy Total Return 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.

Kayne Anderson Energy Total Return Fund's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kayne Anderson Energy Total Return Fund's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Kayne Anderson Energy Total Return Fund's Cyclically Adjusted Price-to-FCF falls into.

Kayne Anderson Energy Total Return Fund Cyclically Adjusted FCF per Share Calculation

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Kayne Anderson Energy Total Return Fund's adjusted Free Cash Flow per Share data for the fiscal year that ended in Nov. 2017 was:

Adj_FreeCashFlowPerShare	=	Free Cash Flow per Share	/	CPI of Nov. 2017 (Change)	*	Current CPI (Nov. 2017)
	=	1.369	/	104.0723	*	104.0723
	=	1.369

Current CPI (Nov. 2017) = 104.0723.

Kayne Anderson Energy Total Return Fund does not have a history long enough to calculate Cyclically Adjusted FCF per Share. Therefore GuruFocus does not calculate it.

Kayne Anderson Energy Total Return Fund (NYSE:KYE) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.

Kayne Anderson Energy Total Return Fund Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Kayne Anderson Energy Total Return Fund's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.

Kayne Anderson Energy Total Return Fund (Kayne Anderson Energy Total Return Fund) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.kaynefunds.com

Kayne Anderson Energy Total Return Fund Inc is a non-diversified, closed-end fund. Its objective is to obtain a high total return with an emphasis on current income. The company intends to achieve the objective by investing in a portfolio of companies in the Energy Sector primarily Master Ltd Partnerships, MLP Affiliates, Marine Transportation Companies, Midstream Companies, Other Energy Companies and upstream Income Trusts.

Executives

Alan Boswell	officer: VICE PRESIDENT	811 MAIN STREET, 14TH FLOOR, HOUSTON TX 77002
United Of Omaha Life Insurance Co	10 percent owner	MUTUAL OF OMAHA PLZ 3RD FLOOR LAW, ATTN: JAN BROCKMAN, OMAHA NE 68175-1008
Mutual Of Omaha Insurance Co	10 percent owner	3300 MUTUAL OF OMAHA PLAZA, OMAHA NE 68175
Ka Fund Advisors Llc	other: Investment Advisor to Company	811 MAIN STREET, 14TH FLOOR, HOUSTON TX 77002
Logan Ron M Jr	officer: Senior VP	PO BOX 131574, HOUSTON TX 77219
Gerald I Isenberg	director	C/O KAYNE ANDERSON CAPITAL ADVISORS, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
Shea William H Jr	director	C/O NISKA GAS STORAGE PARTNERS LLC, 170 RADNOR CHESTER ROAD, SUITE 150, RADNOR PA 19087
Jody Meraz	officer: Vice President	717 TEXAS AVENUE, SUITE 3100, HOUSTON TX 77002
James C Baker	officer: Vice President	C/O KAYNE ANDERSON CAPITAL ADVISORS, L.P, 1800 AVENUE OF THE STARS, THIRD FLOOR, LOS ANGELES CA 90067
Prudential Financial Inc	10 percent owner	751 BROAD ST, NEWARK NJ 07102
Robert V Sinnott	other: Investment Adviser Affiliate	1800 AVENUE OF THE STARS, 3RD FLOOR, LOS ANGELES CA 90067
Reliastar Life Insurance Co Of New York	other: See Explanation Below	1475 DUNWOODY DRIVE, SUITE 400, WEST CHESTER PA 19380-1478
Metropolitan Life Insurance Co/ny	10 percent owner	200 PARK AVENUE, NEW YORK NY 10166
David J Shladovsky	officer: Secretary, other: Investment Adv. Gen. Counsel	C/O KAYNE ANDERSON CAPITAL ADVISORS LP, 1800 AVENUE OF THE STARS, LOS ANGELES CA 90067
Terry A Hart	officer: Treasurer and CFO	1000 LOUISIANA STREET SUITE 5800, HOUSTON TX 77002