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abrdn Asia Focus (LSE:AAS) Cyclically Adjusted Price-to-FCF : 71.75 (As of May. 21, 2024)


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What is abrdn Asia Focus Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), abrdn Asia Focus's current share price is £2.87. abrdn Asia Focus's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jul23 was £0.04. abrdn Asia Focus's Cyclically Adjusted Price-to-FCF for today is 71.75.

The historical rank and industry rank for abrdn Asia Focus's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LSE:AAS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 46.63   Med: 66   Max: 101
Current: 66.27

During the past 13 years, abrdn Asia Focus's highest Cyclically Adjusted Price-to-FCF was 101.00. The lowest was 46.63. And the median was 66.00.

LSE:AAS's Cyclically Adjusted Price-to-FCF is ranked worse than
79.37% of 504 companies
in the Asset Management industry
Industry Median: 20.675 vs LSE:AAS: 66.27

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.

abrdn Asia Focus's adjusted free cash flow per share data of for the fiscal year that ended in Jul23 was £0.065. 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 £0.04 for the trailing ten years ended in Jul23.

Shiller PE for Stocks: The True Measure of Stock Valuation


abrdn Asia Focus Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for abrdn Asia Focus'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.

abrdn Asia Focus Cyclically Adjusted Price-to-FCF Chart

abrdn Asia Focus Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.67 59.75 84.15 67.30 61.60

abrdn Asia Focus Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - 67.30 - 61.60 -

Competitive Comparison of abrdn Asia Focus's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, abrdn Asia Focus'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.


abrdn Asia Focus's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where abrdn Asia Focus's Cyclically Adjusted Price-to-FCF falls into.



abrdn Asia Focus 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.

abrdn Asia Focus's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.87/0.04
=71.75

* 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.

abrdn Asia Focus's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jul23 is calculated as:

For example, abrdn Asia Focus's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jul23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jul23 (Change)*Current CPI (Jul23)
=0.065/129.0000*129.0000
=0.065

Current CPI (Jul23) = 129.0000.

abrdn Asia Focus Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 0.021 99.600 0.027
201507 0.029 100.000 0.037
201607 0.022 100.900 0.028
201707 0.033 103.500 0.041
201807 0.037 105.900 0.045
201907 0.038 108.000 0.045
202007 0.040 109.200 0.047
202107 0.016 111.400 0.019
202207 0.069 121.200 0.073
202307 0.065 129.000 0.065

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.


abrdn Asia Focus  (LSE:AAS) 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.


abrdn Asia Focus Cyclically Adjusted Price-to-FCF Related Terms

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abrdn Asia Focus (LSE:AAS) Business Description

Traded in Other Exchanges
Address
280 Bishopsgate, London, GBR, EC2M 4AG
abrdn Asia Focus PLC, formerly Aberdeen Standard Asia Focus PLC is a United Kingdom-based investment trust. Its investment objective is to maximize total return to shareholders over the long term from a portfolio of smaller quoted companies in the economies of Asia and Australasia, excluding Japan. The company uses gearing selectively to leverage its portfolio in order to enhance returns. It aims to achieve a spread of investments, with no single investment representing more than 15% of assets at the time of investment. The company seeks to diversify its portfolio across a range of industries and economies within the investment region.

abrdn Asia Focus (LSE:AAS) Headlines

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