GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ruffer Investment Co Ltd (LSE:RICA) » Definitions » Cyclically Adjusted FCF per Share

Ruffer Investment Co (LSE:RICA) Cyclically Adjusted FCF per Share : £-0.22 (As of Dec. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Ruffer Investment Co Cyclically Adjusted FCF per Share?

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.

Ruffer Investment Co's adjusted free cash flow per share data for the fiscal year that ended in Jun. 2024 was £0.126. 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 £-0.22 for the trailing ten years ended in Jun. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -46.50% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Ruffer Investment Co was -42.20% per year. The lowest was -46.50% per year. And the median was -44.35% per year.

As of today (2025-05-25), Ruffer Investment Co's current stock price is £ 2.80. Ruffer Investment Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun. 2024 was £-0.22. Ruffer Investment Co's Cyclically Adjusted Price-to-FCF of today is .


Ruffer Investment Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ruffer Investment Co'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.

Ruffer Investment Co Cyclically Adjusted FCF per Share Chart

Ruffer Investment Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -0.07 -0.16 -0.23 -0.22

Ruffer Investment Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Cyclically Adjusted FCF per Share 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 - -0.23 - -0.22 -

Competitive Comparison of Ruffer Investment Co's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, Ruffer Investment Co'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.


Ruffer Investment Co's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ruffer Investment Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ruffer Investment Co's Cyclically Adjusted Price-to-FCF falls into.


;
;

Ruffer Investment Co Cyclically Adjusted FCF per Share Calculation

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.

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, Ruffer Investment Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.126/132.5538*132.5538
=0.126

Current CPI (Jun. 2024) = 132.5538.

Ruffer Investment Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.036 100.684 0.047
201606 0.006 101.688 0.008
201706 -0.007 103.349 -0.009
201806 -0.045 106.317 -0.056
201906 -0.187 108.070 -0.229
202006 0.149 108.767 0.182
202106 -0.266 114.631 -0.308
202206 -1.248 125.017 -1.323
202306 -0.596 128.729 -0.614
202406 0.126 132.554 0.126

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Ruffer Investment Co  (LSE:RICA) 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.


Ruffer Investment Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Ruffer Investment Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Ruffer Investment Co Business Description

Traded in Other Exchanges
N/A
Address
Royal Avenue, 1 Royal Plaza, Saint Peter Port, GGY, GY1 2HL
Ruffer Investment Co Ltd is a closed-end investment company. Its principal objective is to achieve a positive total annual return, after all expenses, of at least twice the Bank of England Bank Rate. The company adopts a stock picking approach and invests across a broad range of assets, geographies, and sectors including listed or quoted equities or equity-related securities, options, and bonds that are issued by corporate issuers, supra-nationals, or government organizations and investment in funds. It uses derivatives, including futures, options, swap agreements, structured products, warrants, and forward currency contracts, for efficient portfolio management. The majority part of the company's revenue comes from investment income such as dividends and interest.

Ruffer Investment Co Headlines

No Headlines