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Premier Miton Global Renewables Trust (LSE:PEWZ.PFD) Cyclically Adjusted Price-to-FCF : (As of Jun. 16, 2024)


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What is Premier Miton Global Renewables Trust Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Premier Miton Global Renewables Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Premier Miton Global Renewables 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.

Premier Miton Global Renewables Trust Cyclically Adjusted Price-to-FCF Chart

Premier Miton Global Renewables Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.05 18.48 22.88 17.88 13.96

Premier Miton Global Renewables Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 22.88 - 17.88 - 13.96

Competitive Comparison of Premier Miton Global Renewables Trust's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Premier Miton Global Renewables 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.


Premier Miton Global Renewables Trust's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Premier Miton Global Renewables Trust's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Premier Miton Global Renewables Trust's Cyclically Adjusted Price-to-FCF falls into.



Premier Miton Global Renewables 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.

Premier Miton Global Renewables Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Premier Miton Global Renewables Trust's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.076/130.5000*130.5000
=0.076

Current CPI (Dec23) = 130.5000.

Premier Miton Global Renewables Trust Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.078 99.900 0.102
201512 0.060 100.400 0.078
201612 0.039 102.200 0.050
201712 0.107 105.000 0.133
201812 0.088 107.100 0.107
201912 0.105 108.500 0.126
202012 0.064 109.400 0.076
202112 0.059 114.700 0.067
202212 0.062 125.300 0.065
202312 0.076 130.500 0.076

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.


Premier Miton Global Renewables Trust  (LSE:PEWZ.PFD) 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.


Premier Miton Global Renewables Trust Cyclically Adjusted Price-to-FCF Related Terms

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Premier Miton Global Renewables Trust (LSE:PEWZ.PFD) Business Description

Traded in Other Exchanges
Address
65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ
Premier Miton Global Renewables Trust PLC is an asset management company. The company's investment objectives are to achieve a high income and to realise long-term growth in the capital value of its portfolio. It will seek to achieve these objectives by investing principally in the equity and equity-related securities of companies operating mainly in the renewable energy sectors, as well as other sustainable infrastructure investments. The Company is engaged in one segment of business, the investment business. Geographically, the majority is from the United Kingdom.

Premier Miton Global Renewables Trust (LSE:PEWZ.PFD) Headlines

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