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Mavenome and Growth VCT 3 (LSE:MIG3) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


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What is Mavenome and Growth VCT 3 Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mavenome and Growth VCT 3 Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mavenome and Growth VCT 3'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.

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Mavenome and Growth VCT 3 Cyclically Adjusted Price-to-FCF Chart

Mavenome and Growth VCT 3 Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Price-to-FCF
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Mavenome and Growth VCT 3 Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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Competitive Comparison of Mavenome and Growth VCT 3's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Mavenome and Growth VCT 3'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.


Mavenome and Growth VCT 3's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mavenome and Growth VCT 3's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Mavenome and Growth VCT 3's Cyclically Adjusted Price-to-FCF falls into.



Mavenome and Growth VCT 3 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.

Mavenome and Growth VCT 3's Cyclically Adjusted FCF per Share for the fiscal year that ended in Nov23 is calculated as:

For example, Mavenome and Growth VCT 3's adjusted Free Cash Flow per Share data for the fiscal year that ended in Nov23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Nov23 (Change)*Current CPI (Nov23)
=-0.008/130.0000*130.0000
=-0.008

Current CPI (Nov23) = 130.0000.

Mavenome and Growth VCT 3 Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201411 -0.034 99.900 -0.044
201511 -0.028 100.300 -0.036
201611 -0.035 101.800 -0.045
201711 -0.005 104.700 -0.006
201811 -0.005 106.900 -0.006
201911 -0.004 108.500 -0.005
202011 -0.006 109.100 -0.007
202111 -0.020 114.100 -0.023
202211 -0.014 124.800 -0.015
202311 -0.008 130.000 -0.008

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.


Mavenome and Growth VCT 3  (LSE:MIG3) 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.


Mavenome and Growth VCT 3 Cyclically Adjusted Price-to-FCF Related Terms

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Mavenome and Growth VCT 3 (LSE:MIG3) Business Description

Traded in Other Exchanges
N/A
Address
205 West George Street, Kintyre House, Glasgow, GBR, G2 2LW
Maven Income and Growth VCT 3 PLC is a part of the financial services sector. It operating as a venture capital trust, the company aims to achieve long-term capital growth and income for its shareholders. It follows a strategy of investing most of its funds in shares and securities of unquoted UK companies and AIM-quoted companies. The company funds portfolio includes Greater Manchester Loan Fund, Private Equity, and Property Fund.

Mavenome and Growth VCT 3 (LSE:MIG3) Headlines

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