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Caledonia Investments (LSE:CLDN) Cyclically Adjusted Price-to-FCF : 59.15 (As of May. 22, 2024)


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What is Caledonia Investments Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Caledonia Investments's current share price is £34.90. Caledonia Investments's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was £0.59. Caledonia Investments's Cyclically Adjusted Price-to-FCF for today is 59.15.

The historical rank and industry rank for Caledonia Investments's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LSE:CLDN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 36.88   Med: 53.66   Max: 78.27
Current: 58.4

During the past 13 years, Caledonia Investments's highest Cyclically Adjusted Price-to-FCF was 78.27. The lowest was 36.88. And the median was 53.66.

LSE:CLDN's Cyclically Adjusted Price-to-FCF is ranked worse than
77.58% of 504 companies
in the Asset Management industry
Industry Median: 20.675 vs LSE:CLDN: 58.40

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.

Caledonia Investments's adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was £0.493. 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 £0.59 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Caledonia Investments Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Caledonia Investments'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.

Caledonia Investments Cyclically Adjusted Price-to-FCF Chart

Caledonia Investments Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.95 46.77 51.16 62.92 57.22

Caledonia Investments Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 62.92 - 57.22 -

Competitive Comparison of Caledonia Investments's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Caledonia Investments'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.


Caledonia Investments's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where Caledonia Investments's Cyclically Adjusted Price-to-FCF falls into.



Caledonia Investments 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.

Caledonia Investments's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=34.90/0.59
=59.15

* 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.

Caledonia Investments's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Caledonia Investments's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.493/126.8000*126.8000
=0.493

Current CPI (Mar23) = 126.8000.

Caledonia Investments Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.622 99.300 0.794
201503 0.568 99.600 0.723
201603 0.447 100.400 0.565
201703 0.413 102.700 0.510
201803 0.381 105.100 0.460
201903 0.489 107.000 0.579
202003 0.510 108.600 0.595
202103 0.437 109.700 0.505
202203 0.643 116.500 0.700
202303 0.493 126.800 0.493

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.


Caledonia Investments  (LSE:CLDN) 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.


Caledonia Investments Cyclically Adjusted Price-to-FCF Related Terms

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


Caledonia Investments (LSE:CLDN) Business Description

Traded in Other Exchanges
Address
30 Buckingham Gate, Cayzer House, London, GBR, SW1E 6NN
Caledonia Investments PLC is a self-managed investment trust company. It aims to grow its net assets and the dividend it pays to its shareholders over the long term, whilst managing risks to mitigate the volatility of returns. The company achieves its objective by investing in well-managed businesses that combine reasonable growth characteristics with an ability to deliver increasing levels of income. Caledonia allocates capital predominantly amongst quoted equities, private companies, and funds. Geographically, the majority of its revenues are generated through its investments in the United States markets.

Caledonia Investments (LSE:CLDN) Headlines

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