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Montanaro UK Smaller Inv Tr (LSE:MTU) Cyclically Adjusted Price-to-FCF : (As of Dec. 14, 2024)


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What is Montanaro UK Smaller Inv Tr Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Montanaro UK Smaller Inv Tr Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Montanaro UK Smaller Inv Tr'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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Montanaro UK Smaller Inv Tr Cyclically Adjusted Price-to-FCF Chart

Montanaro UK Smaller Inv Tr Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
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Montanaro UK Smaller Inv Tr Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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Competitive Comparison of Montanaro UK Smaller Inv Tr's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Montanaro UK Smaller Inv Tr'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.


Montanaro UK Smaller Inv Tr's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Montanaro UK Smaller Inv Tr's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Montanaro UK Smaller Inv Tr's Cyclically Adjusted Price-to-FCF falls into.



Montanaro UK Smaller Inv Tr 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.

Montanaro UK Smaller Inv Tr's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Montanaro UK Smaller Inv Tr'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)
=0/131.6000*131.6000
=0.000

Current CPI (Mar24) = 131.6000.

Montanaro UK Smaller Inv Tr Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.017 99.600 0.022
201603 0.000 100.400 0.000
201703 0.000 102.700 0.000
201803 0.000 105.100 0.000
201903 0.000 107.000 0.000
202003 0.000 108.600 0.000
202103 0.000 109.700 0.000
202203 0.000 116.500 0.000
202303 0.000 126.800 0.000
202403 0.000 131.600 0.000

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.


Montanaro UK Smaller Inv Tr  (LSE:MTU) 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.


Montanaro UK Smaller Inv Tr Cyclically Adjusted Price-to-FCF Related Terms

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Montanaro UK Smaller Inv Tr Business Description

Traded in Other Exchanges
Address
53 Threadneedle Street, London, GBR, EC2R 8AR
Montanaro UK Smaller Companies Inv Tr PLC is a United Kingdom-based company. Its investment objective is capital appreciation through investing in small quoted companies, which are listed on the London Stock Exchange or traded on the Alternative Investment Market (AIM) and to outperform its benchmark, the Deutsche Numis Smaller Companies Index. The company seeks to achieve its objective by investing in a diversified portfolio of quoted UK small companies.

Montanaro UK Smaller Inv Tr Headlines

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