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Schroder UK Mid Cap Fund (CHIX:SCPL) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is Schroder UK Mid Cap Fund Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Schroder UK Mid Cap Fund Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Schroder UK Mid Cap 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.

Schroder UK Mid Cap Fund Cyclically Adjusted Price-to-FCF Chart

Schroder UK Mid Cap Fund Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
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Schroder UK Mid Cap Fund Quarterly Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Schroder UK Mid Cap Fund's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Schroder UK Mid Cap 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.


Schroder UK Mid Cap Fund's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where Schroder UK Mid Cap Fund's Cyclically Adjusted Price-to-FCF falls into.



Schroder UK Mid Cap 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.

Schroder UK Mid Cap Fund's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Schroder UK Mid Cap Fund's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0/130.1000*130.1000
=0.000

Current CPI (Sep. 2023) = 130.1000.

Schroder UK Mid Cap Fund Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200403 0.000 77.300 0.000
200409 0.000 77.900 0.000
200503 0.000 78.800 0.000
200509 0.000 79.900 0.000
200603 0.000 80.400 0.000
200609 0.000 81.900 0.000
200703 0.000 82.800 0.000
200709 0.000 83.500 0.000
200803 0.000 84.900 0.000
200809 0.000 87.500 0.000
200903 0.000 87.300 0.000
200909 0.000 88.300 0.000
201003 0.000 89.400 0.000
201009 0.000 90.400 0.000
201103 0.000 92.600 0.000
201109 0.000 94.500 0.000
201203 0.000 95.400 0.000
201209 0.000 96.400 0.000
201303 0.023 97.800 0.031
201309 0.000 98.700 0.000
201403 -0.012 99.300 -0.016
201409 0.043 100.000 0.056
201503 0.019 99.600 0.025
201509 0.047 100.200 0.061
201603 0.000 100.400 0.000
201609 0.000 101.500 0.000
201703 0.000 102.700 0.000
201709 0.000 104.300 0.000
201803 0.000 105.100 0.000
201809 0.000 106.600 0.000
201903 0.000 107.000 0.000
201909 0.000 108.400 0.000
202003 0.000 108.600 0.000
202009 0.000 109.200 0.000
202103 0.000 109.700 0.000
202109 0.000 112.400 0.000
202203 0.000 116.500 0.000
202209 0.000 122.300 0.000
202303 0.000 126.800 0.000
202309 0.000 130.100 0.000

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.


Schroder UK Mid Cap Fund  (CHIX:SCPl) 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.


Schroder UK Mid Cap Fund Cyclically Adjusted Price-to-FCF Related Terms

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Schroder UK Mid Cap Fund (CHIX:SCPL) Business Description

Traded in Other Exchanges
Address
1 Exchange Crescent, Conference Square, Edinburgh, GBR, EH3 8UL
Schroder UK Mid Cap Fund PLC is a UK-based investment trust company. Its primary objective is to invest in mid-cap equities with the aim of providing a total return in excess of the FTSE 250 (ex-Investment Companies) Index. The company's investment strategy is to invest principally in the investment universe associated with the benchmark index and emphasized on specific companies and targeted themes. It adopts a unique and consistent investment process, taking a stock-specific approach with an emphasis on growth companies and sector weightings. The company may use gearing within pre-agreed limits to enhance investment returns in rising markets.

Schroder UK Mid Cap Fund (CHIX:SCPL) Headlines

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