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PhenixFINPFX +4.35%23 Cyclically Adjusted Price-to-FCF is 1.92 as of Aug. 17, 2026, which is 14% above its 10-year median of 1.69. GuruFocus rates PFX with a GF Score™ of 23/100. The stock has 5 warning signs investors should review. Among 518 Asset Management companies, PhenixFIN ranks better than 95.37% on this metric.
The historical rank and industry rank for PhenixFIN's Cyclically Adjusted Price-to-FCF or its related term are showing as below:
PFX'
s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.32 Med: 1.69 Max: 6.89
Current: 1.84
During the past years, PhenixFIN's highest Cyclically Adjusted Price-to-FCF was 6.89. The lowest was 1.32. And the median was 1.69.
PFX's Cyclically Adjusted Price-to-FCF is ranked better than 95.37% of 518
companies
in the Asset Management industry
Industry Median: 19.62
vs PFX: 1.84
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.
PhenixFIN's adjusted free cash flow per share data for the three months ended in Jun. 2026 was $-0.359. 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 $24.86 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
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.
PhenixFIN Cyclically Adjusted Price-to-FCF Related Terms
PhenixFIN Cyclically Adjusted Price-to-FCF Historical Data
* Premium members only.
The historical data trend for PhenixFIN'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.
PFX vs DFDV, VGI, FMN: Cyclically Adjusted Price-to-FCF Comparison
For the Asset Management subindustry, PhenixFIN'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.
PhenixFIN Cyclically Adjusted Price-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, PhenixFIN's Cyclically Adjusted Price-to-FCF distribution charts can be found below:
* The bar in red indicates where PhenixFIN's Cyclically Adjusted Price-to-FCF falls into.
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.
PhenixFIN's Cyclically Adjusted Price-to-FCF for today is calculated as
* 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.
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.
What does a Cyclically Adjusted Price-to-FCF of 1.92 mean?
PhenixFIN (PFX) has a Cyclically Adjusted Price-to-FCF of 1.92 as of Aug. 17, 2026. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on PhenixFIN and its competitors. This is 14% above median its historical median of 1.69. Over the past decade, PhenixFIN's Cyclically Adjusted Price-to-FCF has ranged from 1.32 to 6.89. According to the industry distribution chart, PhenixFIN ranks #24 out of 518 companies in the Asset Management industry, placing it in the top 4.6%.
Is PhenixFIN's Cyclically Adjusted Price-to-FCF too high?
PhenixFIN's current Cyclically Adjusted Price-to-FCF of 1.92 is 14% above median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 6.89. The Asset Management industry median Cyclically Adjusted Price-to-FCF is 19.62. PhenixFIN's value of 1.92 is 90.2% below this industry median. Based on the distribution chart, PhenixFIN ranks #24 out of 518 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, PhenixFIN has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does PhenixFIN's Cyclically Adjusted Price-to-FCF compare to DFDV and VGI?
According to the Asset Management industry distribution chart, PhenixFIN ranks #24 out of 518 companies for Cyclically Adjusted Price-to-FCF. This places PhenixFIN in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted Price-to-FCF is 19.62. PhenixFIN's value of 1.92 is 90.2% below this benchmark. Historically, PhenixFIN's own Cyclically Adjusted Price-to-FCF has ranged from 1.32 to 6.89 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 19.62, PhenixFIN has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Price-to-FCF for an Asset Management company?
The median Cyclically Adjusted Price-to-FCF among Asset Management companies is 19.62, based on 518 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted Price-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted Price-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PhenixFIN's current Cyclically Adjusted Price-to-FCF of 1.92 is 90.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Price-to-FCF mean?
A high Cyclically Adjusted Price-to-FCF can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on PhenixFIN and its competitors. For the Asset Management industry, the median Cyclically Adjusted Price-to-FCF is 19.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PhenixFIN's current Cyclically Adjusted Price-to-FCF is 1.92, which is 14% above median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PhenixFIN stock overvalued right now?
PhenixFIN (PFX) has a current Cyclically Adjusted Price-to-FCF of 1.92. The current Cyclically Adjusted Price-to-FCF is 1.92, which is 14% above median its 10-year median of 1.69 and 90.2% below the Asset Management industry median of 19.62. PhenixFIN's overall GF Score™ is 23/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Price-to-FCF calculated?
Cyclically Adjusted Price-to-FCF is calculated from a company's financial statements. For PhenixFIN (PFX), the current Cyclically Adjusted Price-to-FCF is 1.92 as of Aug. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
PhenixFIN Corp is a non-diversified closed end management investment company operating in United States. Its investment objective is to generate current income and capital appreciation by lending directly to privately held middle market companies to expand their business, refinance and make acquisitions. It mainly invests in senior secured first lien term loans, senior secured second lien term loans, unitranche, senior secured first lien notes, subordinated notes and warrants and minority equity securities. It may also invest in securities of foreign companies. Portfolio of the company mainly consists of securities across all sectors. Revenue generated by the company comprises of interest income, dividend and other income earned through investments made.
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