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Henderson European Trust (CHIX:HETL) Cyclically Adjusted Price-to-FCF : 58.33 (As of Jun. 05, 2025)


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What is Henderson European Trust Cyclically Adjusted Price-to-FCF?

As of today (2025-06-05), Henderson European Trust's current share price is £1.75. Henderson European Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep24 was £0.03. Henderson European Trust's Cyclically Adjusted Price-to-FCF for today is 58.33.

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

CHIX:HETl' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 44.55   Med: 62.74   Max: 84.13
Current: 61.66

During the past 13 years, Henderson European Trust's highest Cyclically Adjusted Price-to-FCF was 84.13. The lowest was 44.55. And the median was 62.74.

CHIX:HETl's Cyclically Adjusted Price-to-FCF is ranked worse than
79.92% of 498 companies
in the Asset Management industry
Industry Median: 19.135 vs CHIX:HETl: 61.66

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.

Henderson European Trust's adjusted free cash flow per share data of for the fiscal year that ended in Sep24 was £0.035. 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 £0.03 for the trailing ten years ended in Sep24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Henderson European Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Henderson European 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.

Henderson European Trust Cyclically Adjusted Price-to-FCF Chart

Henderson European Trust Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.82 79.88 53.24 55.57 60.02

Henderson European Trust Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 53.24 - 55.57 - 60.02

Competitive Comparison of Henderson European Trust's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Henderson European 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.


Henderson European Trust's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where Henderson European Trust's Cyclically Adjusted Price-to-FCF falls into.


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Henderson European 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.

Henderson European Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.75/0.03
=58.33

* 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.

Henderson European Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep24 is calculated as:

For example, Henderson European Trust's adjusted Free Cash Flow per Share data for the fiscal year that ended in Sep24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep24 (Change)*Current CPI (Sep24)
=0.035/133.5000*133.5000
=0.035

Current CPI (Sep24) = 133.5000.

Henderson European Trust Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201509 0.023 100.200 0.031
201609 0.009 101.500 0.012
201709 0.030 104.300 0.038
201809 0.024 106.600 0.030
201909 0.021 108.400 0.026
202009 0.019 109.200 0.023
202109 0.022 112.400 0.026
202209 0.041 122.300 0.045
202309 0.038 130.100 0.039
202409 0.035 133.500 0.035

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.


Henderson European Trust  (CHIX:HETl) 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.


Henderson European Trust Cyclically Adjusted Price-to-FCF Related Terms

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


Henderson European Trust Business Description

Traded in Other Exchanges
Address
201 Bishopsgate, Henderson Global Investors, London, GBR, EC2M 3AE
Henderson European Trust PLC aims to build a portfolio of champions listed in Europe. It invests in various sectors like Industrials, Healthcare, Technology, Financials, Consumer Discretionary, Consumer Staples, Energy, Basic Materials, Utilities, Telecommunications, Real Estate. The fund managers seek out pioneering companies that are leaders in their field. The company has various geographical segments: France, Germany, Switzerland, Netherlands. Its investment objective is to maximize total return from a portfolio of stocks predominantly listed in Europe, with maximum from France.

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