Aberforth Smaller Trust (LSE:ASL) EV-to-FCF: 28.12 (As of Jul. 01, 2026) — 12% Below Median


LSE:ASL Aberforth Smaller Companies Trust PLC LSE:ASL
57 GF Score
Price £16.32
GF Value £13.48
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Aberforth Smaller Trust EV-to-FCF?

Aberforth Smaller Trust LSE:ASL +0.87% 57 EV-to-FCF is 28.12 as of Jul. 01, 2026, which is 12% below its 10-year median of 32.06. GuruFocus rates LSE:ASL with a GF Score™ of 57/100 and a GF Value™ of £13.48 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 937 Asset Management companies, Aberforth Smaller Trust ranks worse than 72.68% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Aberforth Smaller Trust's Enterprise Value is £1,334.23 Mil. Aberforth Smaller Trust's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was £47.45 Mil. Therefore, Aberforth Smaller Trust's EV-to-FCF for today is 28.12.

The historical rank and industry rank for Aberforth Smaller Trust's EV-to-FCF or its related term are showing as below:

LSE:ASL' s EV-to-FCF Range Over the Past 10 Years
Min: 18.69   Med: 32.06   Max: 175.93
Current: 27.99

During the past 13 years, the highest EV-to-FCF of Aberforth Smaller Trust was 175.93. The lowest was 18.69. And the median was 32.06.

LSE:ASL's EV-to-FCF is ranked worse than
72.68% of 937 companies
in the Asset Management industry
Industry Median: 14.52 vs LSE:ASL: 27.99

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-01), Aberforth Smaller Trust's stock price is £16.32. Aberforth Smaller Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was £1.179. Therefore, Aberforth Smaller Trust's PE Ratio (TTM) for today is 13.84.


Aberforth Smaller Trust  (LSE:ASL) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Aberforth Smaller Trust's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=16.32/1.179
=13.84

Aberforth Smaller Trust's share price for today is £16.32.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Aberforth Smaller Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was £1.179.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Aberforth Smaller Trust EV-to-FCF Related Terms


Aberforth Smaller Trust EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Aberforth Smaller Trust's EV-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.

Aberforth Smaller Trust EV-to-FCF Chart

Aberforth Smaller Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.99 28.19 26.70 30.56 27.92

Aberforth Smaller Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-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 26.70 0.00 30.56 0.00 27.92

LSE:ASL vs BLK, BX, KKR: EV-to-FCF Comparison

For the Asset Management subindustry, Aberforth Smaller Trust's EV-to-FCF, along with its competitors' market caps and EV-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.


Aberforth Smaller Trust EV-to-FCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Aberforth Smaller Trust's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Aberforth Smaller Trust's EV-to-FCF falls into.


LSE:ASL
57GF Score
Aberforth Smaller Companies Trust PLC LSE:ASL
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aberforth Smaller Trust EV-to-FCF Calculation

Aberforth Smaller Trust's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1334.226/47.451
=28.12

Aberforth Smaller Trust's current Enterprise Value is £1,334.23 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Aberforth Smaller Trust's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was £47.45 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 28.12 mean?
Aberforth Smaller Trust (LSE:ASL) has a EV-to-FCF of 28.12 as of Jul. 01, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Aberforth Smaller Trust and its competitors. This is 12% below median its historical median of 32.06. Over the past decade, Aberforth Smaller Trust's EV-to-FCF has ranged from 18.69 to 175.93. According to the industry distribution chart, Aberforth Smaller Trust ranks #681 out of 937 companies in the Asset Management industry, placing it in the top 72.7%.
Is Aberforth Smaller Trust's EV-to-FCF too high?
Aberforth Smaller Trust's current EV-to-FCF of 28.12 is 12% below median its 10-year median of 32.06. Over the past 10 years, this metric has ranged from a low of 18.69 to a high of 175.93. The Asset Management industry median EV-to-FCF is 14.52. Aberforth Smaller Trust's value of 28.12 is 93.7% above this industry median. Based on the distribution chart, Aberforth Smaller Trust ranks #681 out of 937 companies in the Asset Management industry, which is below the industry midpoint. Overall, Aberforth Smaller Trust has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aberforth Smaller Trust's EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Aberforth Smaller Trust ranks #681 out of 937 companies for EV-to-FCF. This places Aberforth Smaller Trust in the lower half of its industry. The industry median EV-to-FCF is 14.52. Aberforth Smaller Trust's value of 28.12 is 93.7% above this benchmark. Historically, Aberforth Smaller Trust's own EV-to-FCF has ranged from 18.69 to 175.93 over the past decade. While the company's 10-year median is 32.06 vs. the industry median of 14.52, Aberforth Smaller Trust has consistently been above 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 EV-to-FCF for an Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.52, based on 937 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aberforth Smaller Trust's current EV-to-FCF of 28.12 is 93.7% above 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Aberforth Smaller Trust and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aberforth Smaller Trust's current EV-to-FCF is 28.12, which is 12% below median its own 10-year median of 32.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aberforth Smaller Trust stock overvalued right now?
Based on GuruFocus' analysis, Aberforth Smaller Trust (LSE:ASL) is currently considered Modestly Overvalued. The stock's GF Value™ is £13.48, compared to a current price of £16.32 — trading 21.1% above its estimated fair value. The current EV-to-FCF is 28.12, which is 12% below median its 10-year median of 32.06 and 93.7% above the Asset Management industry median of 14.52. Aberforth Smaller Trust's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Aberforth Smaller Trust (LSE:ASL), the current EV-to-FCF is 28.12 as of Jul. 01, 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.

Is Aberforth Smaller Trust (LSE:ASL) Overvalued in 2026?

Based on GuruFocus' analysis, Aberforth Smaller Trust stock appears to be overvalued. The current stock price of £16.32 is trading 21.1% above its estimated GF Value™ of £13.48. GuruFocus considers Aberforth Smaller Trust to be Modestly Overvalued.

Key valuation signals for LSE:ASL:

  • EV-to-FCF: 28.12 (12% below median its 10-year median of 32.06)
  • GF Value™: £13.48 vs. price of £16.32 (21.1% above fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 93.7% above the Asset Management median (#681 of 937)

No single metric tells the full story. See the LSE:ASL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aberforth Smaller Trust Business Description

Address 14 Melville Street, Edinburgh, GBR, EH3 7NS
Aberforth Smaller Companies Trust PLC is a UK based closed-ended investment trust. Its objective is to achieve a net asset value total return (with dividends reinvested) greater than that of the Numis Smaller Companies Index (excluding Investment Companies) over the long term. The Company also aims to achieve its objective by investing in small United Kingdom quoted companies. It invests in various sectors, such as technology, telecommunications, health care, financials, real estate, consumer discretionary, consumer staples, industrials, basic materials and energy.
57GF Score

Get the complete analysis for LSE:ASL

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£16.32
Price
£13.48
GF Value