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Tau Capital (LSE:TAU) Cyclically Adjusted Price-to-FCF : (As of Jun. 25, 2024)


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What is Tau Capital 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


Tau Capital Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tau Capital'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.

Tau Capital Cyclically Adjusted Price-to-FCF Chart

Tau Capital Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Price-to-FCF
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Tau Capital Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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Competitive Comparison of Tau Capital's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Tau Capital'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.


Tau Capital's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where Tau Capital's Cyclically Adjusted Price-to-FCF falls into.



Tau Capital 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.

Tau Capital's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec18 is calculated as:

For example, Tau Capital's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec18 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec18 (Change)*Current CPI (Dec18)
=0.027/105.9979*105.9979
=0.027

Current CPI (Dec18) = 105.9979.

Tau Capital Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200912 -0.014 91.111 -0.016
201012 0.000 92.474 0.000
201112 0.000 95.213 0.000
201212 0.356 96.871 0.390
201312 0.922 98.326 0.994
201412 -0.014 99.070 -0.015
201512 -0.013 99.792 -0.014
201612 0.000 101.863 0.000
201712 0.000 104.011 0.000
201812 0.027 105.998 0.027

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.


Tau Capital  (LSE:TAU) 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.


Tau Capital Cyclically Adjusted Price-to-FCF Related Terms

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Tau Capital (LSE:TAU) Business Description

Traded in Other Exchanges
N/A
Address
Hope Street, Ioma House, Douglas, IMN, IM1 1AP
Tau Capital PLC is a part of the financial services sector as a closed-ended investment fund. The company's objective is to invest in public and private businesses that are established in, operating in or have exposure to Kazakhstan and neighboring countries. Tau Capital invests in the Kazakhstan economy but also in other countries in the region, including the Kyrgyz Republic, Uzbekistan, Turkmenistan, Tajikistan, Russia, and Mongolia.

Tau Capital (LSE:TAU) Headlines

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