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Premier Miton Group (LSE:PMI) Cyclically Adjusted Price-to-FCF : 6.59 (As of Jun. 10, 2024)


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What is Premier Miton Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Premier Miton Group's current share price is £0.725. Premier Miton Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep23 was £0.11. Premier Miton Group's Cyclically Adjusted Price-to-FCF for today is 6.59.

The historical rank and industry rank for Premier Miton Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LSE:PMI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.45   Med: 9.23   Max: 20.5
Current: 6.33

During the past 12 years, Premier Miton Group's highest Cyclically Adjusted Price-to-FCF was 20.50. The lowest was 4.45. And the median was 9.23.

LSE:PMI's Cyclically Adjusted Price-to-FCF is ranked better than
77.98% of 504 companies
in the Asset Management industry
Industry Median: 19.72 vs LSE:PMI: 6.33

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.

Premier Miton Group's adjusted free cash flow per share data of for the fiscal year that ended in Sep23 was £0.036. 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 £0.11 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Premier Miton Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Premier Miton Group'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 Group Cyclically Adjusted Price-to-FCF Chart

Premier Miton Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 18.24 9.90 5.37

Premier Miton Group Semi-Annual Data
Sep13 Sep14 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 - 9.90 - 5.37 -

Competitive Comparison of Premier Miton Group's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Premier Miton Group'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 Group's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



Premier Miton Group 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 Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.725/0.11
=6.59

* 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.

Premier Miton Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Premier Miton Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Sep23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=0.036/130.1000*130.1000
=0.036

Current CPI (Sep23) = 130.1000.

Premier Miton Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.076 100.000 0.099
201509 0.021 100.200 0.027
201609 0.083 101.500 0.106
201709 0.121 104.300 0.151
201809 0.166 106.600 0.203
201909 0.126 108.400 0.151
202009 0.032 109.200 0.038
202109 0.187 112.400 0.216
202209 0.110 122.300 0.117
202309 0.036 130.100 0.036

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 Group  (LSE:PMI) 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 Group Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Premier Miton Group's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Premier Miton Group (LSE:PMI) Business Description

Traded in Other Exchanges
N/A
Address
High Street, Eastgate Court, Guildford, Surrey, GBR, GU1 3DE
Premier Miton Group PLC is focused on delivering good investment outcomes for investors through relevant products and active management. The company's investment capabilities are designed to meet the investment objectives and preferences of different clients and cover a broad range of multi-asset, equity, absolute return, and fixed income investments. Its only operating segment being asset management. Majority of revenue is generated from Management fees. Revenue is derived from the UK and Channel Islands.

Premier Miton Group (LSE:PMI) Headlines

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