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Oxford Technology 2 Venture Capital Trust (LSE:OXH) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is Oxford Technology 2 Venture Capital Trust Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Oxford Technology 2 Venture Capital Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Oxford Technology 2 Venture Capital 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.

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Oxford Technology 2 Venture Capital Trust Cyclically Adjusted Price-to-FCF Chart

Oxford Technology 2 Venture Capital Trust Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Price-to-FCF
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Oxford Technology 2 Venture Capital Trust Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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Competitive Comparison of Oxford Technology 2 Venture Capital Trust's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Oxford Technology 2 Venture Capital 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.


Oxford Technology 2 Venture Capital Trust's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Oxford Technology 2 Venture Capital Trust's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Oxford Technology 2 Venture Capital Trust's Cyclically Adjusted Price-to-FCF falls into.



Oxford Technology 2 Venture Capital 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.

Oxford Technology 2 Venture Capital Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in Feb24 is calculated as:

For example, Oxford Technology 2 Venture Capital Trust's adjusted Free Cash Flow per Share data for the fiscal year that ended in Feb24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb24 (Change)*Current CPI (Feb24)
=-0.006/130.8000*130.8000
=-0.006

Current CPI (Feb24) = 130.8000.

Oxford Technology 2 Venture Capital Trust Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201502 -0.008 99.500 -0.011
201602 -0.008 100.100 -0.010
201702 -0.005 102.400 -0.006
201802 -0.015 104.900 -0.019
201902 -0.014 106.800 -0.017
202002 -0.013 108.600 -0.016
202102 -0.011 109.400 -0.013
202202 -0.013 115.400 -0.015
202302 -0.008 126.000 -0.008
202402 -0.006 130.800 -0.006

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.


Oxford Technology 2 Venture Capital Trust  (LSE:OXH) 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.


Oxford Technology 2 Venture Capital Trust Cyclically Adjusted Price-to-FCF Related Terms

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Oxford Technology 2 Venture Capital Trust (LSE:OXH) Business Description

Traded in Other Exchanges
N/A
Address
OT2 Managers Ltd, Magdalen Centre, Oxford Science Park, Oxford, GBR, OX4 4GA
Oxford Technology 2 Venture Capital Trust PLC is active in the financial services sector. The company operates as a venture capital trust managed by OT2 Managers Ltd. Its core feature is that it invests in early-stage and start-up technology companies, which provide good yields but are risky to invest in. The company's portfolio comprises unlisted, UK-based companies belonging to the science, technology, and engineering businesses.

Oxford Technology 2 Venture Capital Trust (LSE:OXH) Headlines

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