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CQS Natural Resources Growth andome (LSE:CYN) Cyclically Adjusted Price-to-FCF : 37.40 (As of Apr. 27, 2024)


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What is CQS Natural Resources Growth andome Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), CQS Natural Resources Growth andome's current share price is £1.87. CQS Natural Resources Growth andome's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was £0.05. CQS Natural Resources Growth andome's Cyclically Adjusted Price-to-FCF for today is 37.40.

The historical rank and industry rank for CQS Natural Resources Growth andome's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LSE:CYN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.36   Med: 24   Max: 44.4
Current: 35.8

During the past 13 years, CQS Natural Resources Growth andome's highest Cyclically Adjusted Price-to-FCF was 44.40. The lowest was 10.36. And the median was 24.00.

LSE:CYN's Cyclically Adjusted Price-to-FCF is ranked worse than
67.06% of 507 companies
in the Asset Management industry
Industry Median: 20.19 vs LSE:CYN: 35.80

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.

CQS Natural Resources Growth andome's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was £0.080. 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 £0.05 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


CQS Natural Resources Growth andome Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CQS Natural Resources Growth andome'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.

CQS Natural Resources Growth andome Cyclically Adjusted Price-to-FCF Chart

CQS Natural Resources Growth andome Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.95 17.41 35.64 36.82 33.25

CQS Natural Resources Growth andome Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 36.82 - 33.25 -

Competitive Comparison of CQS Natural Resources Growth andome's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, CQS Natural Resources Growth andome'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.


CQS Natural Resources Growth andome's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CQS Natural Resources Growth andome's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CQS Natural Resources Growth andome's Cyclically Adjusted Price-to-FCF falls into.



CQS Natural Resources Growth andome 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.

CQS Natural Resources Growth andome's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.87/0.05
=37.40

* 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.

CQS Natural Resources Growth andome's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, CQS Natural Resources Growth andome's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.08/129.4000*129.4000
=0.080

Current CPI (Jun23) = 129.4000.

CQS Natural Resources Growth andome Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.057 99.800 0.074
201506 0.063 100.100 0.081
201606 0.049 101.000 0.063
201706 0.037 103.500 0.046
201806 0.032 105.900 0.039
201906 0.024 107.900 0.029
202006 0.028 108.800 0.033
202106 0.022 111.400 0.026
202206 0.036 120.500 0.039
202306 0.080 129.400 0.080

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.


CQS Natural Resources Growth andome  (LSE:CYN) 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.


CQS Natural Resources Growth andome Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of CQS Natural Resources Growth andome's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


CQS Natural Resources Growth andome (LSE:CYN) Business Description

Traded in Other Exchanges
Address
25 Southampton Buildings, London, GBR, WC2A 1AL
CQS Natural Resources Growth and Income PLC is an investment trust. The investment objective of the group is to provide shareholders with capital growth and income predominantly from a portfolio of mining and resource equities and of mining, resource and industrial fixed interest securities. The company invests across various sectors such as gold, copper, base metals, agriculture, uranium, oil and gas, silver, shipping, alternative energy, nickel, other mining investments, diamonds, lithium, palm oil, iron ore, fixed interest securities, treasury stock and preference shares.