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Lindsell Train Investment Trust (The) (LSE:LTI) Cyclically Adjusted Price-to-FCF : 23.81 (As of Jun. 22, 2024)


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What is Lindsell Train Investment Trust (The) Cyclically Adjusted Price-to-FCF?

As of today (2024-06-22), Lindsell Train Investment Trust (The)'s current share price is £864.00. Lindsell Train Investment Trust (The)'s Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 was £36.28. Lindsell Train Investment Trust (The)'s Cyclically Adjusted Price-to-FCF for today is 23.81.

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

LSE:LTI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.78   Med: 131.25   Max: 256.23
Current: 22.52

During the past 13 years, Lindsell Train Investment Trust (The)'s highest Cyclically Adjusted Price-to-FCF was 256.23. The lowest was 21.78. And the median was 131.25.

LSE:LTI's Cyclically Adjusted Price-to-FCF is ranked worse than
54.64% of 507 companies
in the Asset Management industry
Industry Median: 20.03 vs LSE:LTI: 22.52

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.

Lindsell Train Investment Trust (The)'s adjusted free cash flow per share data of for the fiscal year that ended in Mar24 was £51.470. 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 £36.28 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lindsell Train Investment Trust (The) Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lindsell Train Investment Trust (The)'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.

Lindsell Train Investment Trust (The) Cyclically Adjusted Price-to-FCF Chart

Lindsell Train Investment Trust (The) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.53 85.65 49.42 35.08 22.08

Lindsell Train Investment Trust (The) Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 49.42 - 35.08 - 22.08

Competitive Comparison of Lindsell Train Investment Trust (The)'s Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Lindsell Train Investment Trust (The)'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.


Lindsell Train Investment Trust (The)'s Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Lindsell Train Investment Trust (The)'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Lindsell Train Investment Trust (The)'s Cyclically Adjusted Price-to-FCF falls into.



Lindsell Train Investment Trust (The) 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.

Lindsell Train Investment Trust (The)'s Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=864.00/36.28
=23.81

* 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.

Lindsell Train Investment Trust (The)'s Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Lindsell Train Investment Trust (The)'s adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=51.47/131.6000*131.6000
=51.470

Current CPI (Mar24) = 131.6000.

Lindsell Train Investment Trust (The) Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 7.100 99.600 9.381
201603 4.555 100.400 5.970
201703 12.785 102.700 16.383
201803 23.185 105.100 29.031
201903 25.015 107.000 30.766
202003 37.570 108.600 45.527
202103 44.620 109.700 53.528
202203 50.625 116.500 57.187
202303 61.215 126.800 63.532
202403 51.470 131.600 51.470

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.


Lindsell Train Investment Trust (The)  (LSE:LTI) 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.


Lindsell Train Investment Trust (The) Cyclically Adjusted Price-to-FCF Related Terms

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


Lindsell Train Investment Trust (The) (LSE:LTI) Business Description

Traded in Other Exchanges
N/A
Address
25 Southampton Buildings, London, GBR, WC2A 1AL
Lindsell Train Investment Trust (The) PLC is a UK-based investment trust company. Its primary investment objective is to maximize long-term total returns with a minimum objective to maintain the real purchasing power of Sterling capital. The company's investment policy is to invest in a wide range of financial assets including equities, unquoted equities, bonds, funds, cash and other financial investments globally with no limitations on the markets and sectors. It focuses on investing in a concentrated portfolio of securities with the number of equity investments averaging fifteen companies. The company holds a portfolio of equities across UK, USA, Japan, Europe.

Lindsell Train Investment Trust (The) (LSE:LTI) Headlines

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