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MVF (Blackrock Munivest Fund) Cyclically Adjusted Price-to-FCF : 7.79 (As of Jun. 02, 2025)


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What is Blackrock Munivest Fund Cyclically Adjusted Price-to-FCF?

As of today (2025-06-02), Blackrock Munivest Fund's current share price is $6.70. Blackrock Munivest Fund's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jul24 was $0.86. Blackrock Munivest Fund's Cyclically Adjusted Price-to-FCF for today is 7.79.

The historical rank and industry rank for Blackrock Munivest Fund's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MVF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.41   Med: 10.15   Max: 13.34
Current: 7.76

During the past 13 years, Blackrock Munivest Fund's highest Cyclically Adjusted Price-to-FCF was 13.34. The lowest was 6.41. And the median was 10.15.

MVF's Cyclically Adjusted Price-to-FCF is ranked better than
73.29% of 498 companies
in the Asset Management industry
Industry Median: 19.23 vs MVF: 7.76

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.

Blackrock Munivest Fund's adjusted free cash flow per share data of for the fiscal year that ended in Jul24 was $1.012. 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 $0.86 for the trailing ten years ended in Jul24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Blackrock Munivest Fund Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Blackrock Munivest Fund'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 Munivest Fund Cyclically Adjusted Price-to-FCF Chart

Blackrock Munivest Fund Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Jul23 Jul24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.18 11.59 13.28 7.37 8.53

Blackrock Munivest Fund Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Jan23 Jul23 Jan24 Jul24 Jan25
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 - 7.37 - 8.53 -

Competitive Comparison of Blackrock Munivest Fund's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Blackrock Munivest Fund'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 Munivest Fund's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where Blackrock Munivest Fund's Cyclically Adjusted Price-to-FCF falls into.


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Blackrock Munivest Fund 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 Munivest Fund's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.70/0.86
=7.79

* 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.

Blackrock Munivest Fund's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jul24 is calculated as:

For example, Blackrock Munivest Fund's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jul24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jul24 (Change)*Current CPI (Jul24)
=1.012/132.7078*132.7078
=1.012

Current CPI (Jul24) = 132.7078.

Blackrock Munivest Fund Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201408 0.746 100.352 0.987
201508 0.568 100.548 0.750
201608 0.384 101.617 0.501
201708 0.897 103.587 1.149
201808 0.888 106.383 1.108
201908 0.735 108.245 0.901
202008 0.447 109.662 0.541
202108 0.279 115.421 0.321
202307 1.313 128.974 1.351
202407 1.012 132.708 1.012

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 Munivest Fund  (NYSE:MVF) 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 Munivest Fund Cyclically Adjusted Price-to-FCF Related Terms

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


Blackrock Munivest Fund Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Munivest Fund Inc is an investment management firm. Its investment objective is to provide current income exempt from regular U.S. federal income tax. The company invests in various sectors such as Health; Transportation; Utilities; Education; Tobacco; Housing and others.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Walter Oconnor other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Michael Perilli other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
Peter Hayes other: Officer of the Advisor 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
J.p. Morgan Taxable Putters/taxable Drivers, Series T0007 Trust 10 percent owner C/O U.S. BANK TRUST NATIONAL ASSOCIATION, 100 WALL STREET-SUITE 1600, NEW YORK NY 10005
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240