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Allspring Multi-Sectorome Fund (Allspring Multi-Sectorome Fund) Cyclically Adjusted Price-to-FCF : 3.65 (As of Apr. 28, 2024)


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What is Allspring Multi-Sectorome Fund Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Allspring Multi-Sectorome Fund's current share price is $8.895. Allspring Multi-Sectorome Fund's Cyclically Adjusted FCF per Share for the fiscal year that ended in Oct23 was $2.44. Allspring Multi-Sectorome Fund's Cyclically Adjusted Price-to-FCF for today is 3.65.

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

ERC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.51   Med: 5.07   Max: 6.85
Current: 3.65

During the past 13 years, Allspring Multi-Sectorome Fund's highest Cyclically Adjusted Price-to-FCF was 6.85. The lowest was 3.51. And the median was 5.07.

ERC's Cyclically Adjusted Price-to-FCF is ranked better than
88.95% of 507 companies
in the Asset Management industry
Industry Median: 20.19 vs ERC: 3.65

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.

Allspring Multi-Sectorome Fund's adjusted free cash flow per share data of for the fiscal year that ended in Oct23 was $0.812. 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 $2.44 for the trailing ten years ended in Oct23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allspring Multi-Sectorome Fund Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Allspring Multi-Sectorome 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.

Allspring Multi-Sectorome Fund Cyclically Adjusted Price-to-FCF Chart

Allspring Multi-Sectorome Fund Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.56 5.10 5.99 3.67 3.57

Allspring Multi-Sectorome Fund Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 5.99 - 3.67 - 3.57

Competitive Comparison of Allspring Multi-Sectorome Fund's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Allspring Multi-Sectorome 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.


Allspring Multi-Sectorome Fund's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where Allspring Multi-Sectorome Fund's Cyclically Adjusted Price-to-FCF falls into.



Allspring Multi-Sectorome 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.

Allspring Multi-Sectorome Fund's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.895/2.44
=3.65

* 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.

Allspring Multi-Sectorome Fund's Cyclically Adjusted FCF per Share for the fiscal year that ended in Oct23 is calculated as:

For example, Allspring Multi-Sectorome Fund's adjusted Free Cash Flow per Share data for the fiscal year that ended in Oct23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Oct23 (Change)*Current CPI (Oct23)
=0.812/129.8097*129.8097
=0.812

Current CPI (Oct23) = 129.8097.

Allspring Multi-Sectorome Fund Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201410 1.168 100.176 1.514
201510 1.169 100.346 1.512
201610 1.666 101.988 2.120
201710 4.407 104.070 5.497
201810 2.715 106.695 3.303
201910 2.067 108.577 2.471
202010 3.252 109.861 3.843
202110 1.241 116.696 1.380
202210 1.841 125.734 1.901
202310 0.812 129.810 0.812

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.


Allspring Multi-Sectorome Fund  (AMEX:ERC) 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.


Allspring Multi-Sectorome Fund Cyclically Adjusted Price-to-FCF Related Terms

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


Allspring Multi-Sectorome Fund (Allspring Multi-Sectorome Fund) Business Description

Traded in Other Exchanges
N/A
Address
525 Market Street, San Francisco, CA, USA, 94105
Allspring Multi-Sector Income Fund is a closed-end investment management company. The company's core business is to secure a high level of income for its investors consistent with limiting its overall exposure to domestic interest rate risk. It invests in U.S. dollar-denominated below investment-grade bonds, debentures, and other income obligations, including loans and preferred stocks, developed and emerging market debt securities, including obligations of foreign governments or governmental entities, foreign corporations, or supranational agencies denominated in various currencies, asset backed securities and investment grade corporate bonds.
Executives
Jennifer Lea Grunberg officer: Chief Compliance Officer 350 PARK AVENUE, ALLSPRING GLOBAL INVESTMENTS, NEW YORK NY 10022
Jonathan Crawford officer: Chief Compliance Officer BOW BELLS HOUSE, 1 BREAD STREET, LONDON X0 EC4M 4BE
Paul Werner Felsch officer: Chief Complaince Officer 100 HERITAGE RESERVE, ALLSPRING GLOBAL INVESTMENTS, MENOMONEE FALLS WI 53051
Jane A Freeman director ALLSPRING FUNDS MANAGEMENT, LLC, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Christopher Micah Baker officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02356
Karin Brotman officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 525 MARKET STREET, SAN FRANCISCO CA 94105
Kate Sandman Mckinley officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02210
Richard Matthew Prasse officer: Secretary WELLS FARGO LAW DEPARTMENT, 125 HIGH STREET, FLOOR 13, BOSTON MA 02110-2704
Simon Fj Cockbill officer: Chief Compliance Officer WELLS FARGO BANK, 33 KING WILLIAM STREET, FLOOR 03, LONDON X0 EC4R 9AT
Christopher M Lee other: Portfolio Manager WELLS CAPITAL MANAGEMENT, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Alison Jane Hewitt officer: Chief Compliance Officer WELLS FARGO BANK, 33 KING WILLIAM STREET, FLOOR 01, LONDON X0 EC4R 9AT
Michael Joseph Schueller other: Portfolio Manager 100 HERITAGE RESERVE, 2ND FLOOR, WELLS CAPITAL MANAGEMENT, MENOMONEE FALLS WI 53051-4400
Daniel J. Mavico officer: Chief Compliance Officer 401 S TRYON STREET, FLOOR 2, CHARLOTTE NC 28202-1911
Kevin T. Roskopf other: Share Repurchase Committee Mem WELLS FARGO ASSET MANAGEMENT, 100 HERITAGE RESERVE, 1ST FLOOR, MENOMONEE FALLS WI 53051-4400
Catherine Jane Ibbotson officer: Chief Compliance Officer 1 PLANTATION PL 30 FENCHURCH ST, LONDON X0 EC3M 3BD

Allspring Multi-Sectorome Fund (Allspring Multi-Sectorome Fund) Headlines