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BlackRock Throgmorton Trust (LSE:THRG) Cyclically Adjusted Price-to-FCF : (As of May. 27, 2024)


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What is BlackRock Throgmorton Trust Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


BlackRock Throgmorton Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for BlackRock Throgmorton 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.

BlackRock Throgmorton Trust Cyclically Adjusted Price-to-FCF Chart

BlackRock Throgmorton Trust Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Price-to-FCF
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BlackRock Throgmorton Trust Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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Competitive Comparison of BlackRock Throgmorton Trust's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, BlackRock Throgmorton 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.


BlackRock Throgmorton Trust's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where BlackRock Throgmorton Trust's Cyclically Adjusted Price-to-FCF falls into.



BlackRock Throgmorton 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.

BlackRock Throgmorton Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in Nov23 is calculated as:

For example, BlackRock Throgmorton Trust's adjusted Free Cash Flow per Share data for the fiscal year that ended in Nov23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Nov23 (Change)*Current CPI (Nov23)
=0.069/130.0000*130.0000
=0.069

Current CPI (Nov23) = 130.0000.

BlackRock Throgmorton Trust Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201411 0.041 99.900 0.053
201511 0.059 100.300 0.076
201611 0.112 101.800 0.143
201711 0.187 104.700 0.232
201811 0.384 106.900 0.467
201911 -0.021 108.500 -0.025
202011 -1.161 109.100 -1.383
202111 -1.073 114.100 -1.223
202211 0.381 124.800 0.397
202311 0.069 130.000 0.069

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.


BlackRock Throgmorton Trust  (LSE:THRG) 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.


BlackRock Throgmorton Trust Cyclically Adjusted Price-to-FCF Related Terms

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BlackRock Throgmorton Trust (LSE:THRG) Business Description

Traded in Other Exchanges
Address
12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock Throgmorton Trust PLC is an investment trust engaged in the business of portfolio investment. Its products are unit trusts, exchange-traded funds, investment trusts, and charities. The company follows a business model of externally managed investment trust. The company performs through the traditional long-only portfolio and long and short portfolio comprising contracts for difference.

BlackRock Throgmorton Trust (LSE:THRG) Headlines

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