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Henderson Smaller Investment Trust (LSE:HSL) Cyclically Adjusted Price-to-FCF : 52.81 (As of Dec. 11, 2024)


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What is Henderson Smaller Investment Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-12-11), Henderson Smaller Investment Trust's current share price is £8.45. Henderson Smaller Investment Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in May24 was £0.16. Henderson Smaller Investment Trust's Cyclically Adjusted Price-to-FCF for today is 52.81.

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

LSE:HSL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 48.38   Med: 158.35   Max: 402.13
Current: 53.69

During the past 13 years, Henderson Smaller Investment Trust's highest Cyclically Adjusted Price-to-FCF was 402.13. The lowest was 48.38. And the median was 158.35.

LSE:HSL's Cyclically Adjusted Price-to-FCF is ranked worse than
75.77% of 487 companies
in the Asset Management industry
Industry Median: 20.23 vs LSE:HSL: 53.69

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 Smaller Investment Trust's adjusted free cash flow per share data of for the fiscal year that ended in May24 was £0.164. 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 £0.16 for the trailing ten years ended in May24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Henderson Smaller Investment Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Henderson Smaller Investment 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 Smaller Investment Trust Cyclically Adjusted Price-to-FCF Chart

Henderson Smaller Investment Trust Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 104.63 183.61 104.28 60.73 56.23

Henderson Smaller Investment Trust Semi-Annual Data
Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
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 104.28 - 60.73 - 56.23

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

For the Asset Management subindustry, Henderson Smaller Investment 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 Smaller Investment Trust's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.45/0.16
=52.81

* 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 Smaller Investment Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in May24 is calculated as:

For example, Henderson Smaller Investment Trust's adjusted Free Cash Flow per Share data for the fiscal year that ended in May24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of May24 (Change)*Current CPI (May24)
=0.164/132.7000*132.7000
=0.164

Current CPI (May24) = 132.7000.

Henderson Smaller Investment Trust Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201505 0.153 100.100 0.203
201605 0.007 100.800 0.009
201705 0.079 103.500 0.101
201805 0.146 105.900 0.183
201905 0.255 107.900 0.314
202005 0.072 108.600 0.088
202105 0.014 111.000 0.017
202205 0.180 119.700 0.200
202305 0.293 129.100 0.301
202405 0.164 132.700 0.164

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 Smaller Investment Trust  (LSE:HSL) 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 Smaller Investment Trust Cyclically Adjusted Price-to-FCF Related Terms

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


Henderson Smaller Investment Trust Business Description

Traded in Other Exchanges
Address
201 Bishopsgate, London, GBR, EC2M 3AE
Henderson Smaller Companies Investment Trust PLC is a closed-ended equity mutual fund. Its investment objective is to maximize shareholder's total returns by investing in smaller companies quoted in the United Kingdom. The company's only segment being the activity of investing in shares and securities for capital appreciation. Geographically, it operates only in the United Kingdom.

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