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JPMorgan Mid Cap Investment Trust (LSE:JMF) Cyclically Adjusted Price-to-FCF : 35.08 (As of Jun. 04, 2024)


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What is JPMorgan Mid Cap Investment Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), JPMorgan Mid Cap Investment Trust's current share price is £9.12. JPMorgan Mid Cap Investment Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was £0.26. JPMorgan Mid Cap Investment Trust's Cyclically Adjusted Price-to-FCF for today is 35.08.

The historical rank and industry rank for JPMorgan Mid Cap Investment Trust's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LSE:JMF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 30.04   Med: 57.78   Max: 75.25
Current: 34.89

During the past 13 years, JPMorgan Mid Cap Investment Trust's highest Cyclically Adjusted Price-to-FCF was 75.25. The lowest was 30.04. And the median was 57.78.

LSE:JMF's Cyclically Adjusted Price-to-FCF is not ranked
in the Asset Management industry.
Industry Median: 20.16 vs LSE:JMF: 34.89

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.

JPMorgan Mid Cap Investment Trust's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was £0.316. 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 £0.26 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


JPMorgan Mid Cap Investment Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for JPMorgan Mid Cap Investment Trust'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.

JPMorgan Mid Cap Investment Trust Cyclically Adjusted Price-to-FCF Chart

JPMorgan Mid Cap Investment Trust 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 54.81 45.39 69.22 36.36 33.52

JPMorgan Mid Cap Investment Trust Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 69.22 - 36.36 - 33.52

Competitive Comparison of JPMorgan Mid Cap Investment Trust's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, JPMorgan Mid Cap Investment Trust'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.


JPMorgan Mid Cap Investment Trust's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where JPMorgan Mid Cap Investment Trust's Cyclically Adjusted Price-to-FCF falls into.



JPMorgan Mid Cap Investment Trust 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.

JPMorgan Mid Cap Investment Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.12/0.26
=35.08

* 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.

JPMorgan Mid Cap Investment Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, JPMorgan Mid Cap Investment Trust'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)
=0.316/129.4000*129.4000
=0.316

Current CPI (Jun23) = 129.4000.

JPMorgan Mid Cap Investment Trust Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.159 99.800 0.206
201506 0.206 100.100 0.266
201606 0.000 101.000 0.000
201706 0.239 103.500 0.299
201806 0.252 105.900 0.308
201906 0.264 107.900 0.317
202006 0.171 108.800 0.203
202106 0.124 111.400 0.144
202206 0.273 120.500 0.293
202306 0.316 129.400 0.316

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.


JPMorgan Mid Cap Investment Trust  (LSE:JMF) 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.


JPMorgan Mid Cap Investment Trust Cyclically Adjusted Price-to-FCF Related Terms

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


JPMorgan Mid Cap Investment Trust (LSE:JMF) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Mid Cap Investment Trust PLC is an investment trust. It generates revenue from its business of long and short-term borrowings, to achieve capital growth. For this purpose, it invests in medium-sized companies that fall under the London Stock Exchange (FTSE) 250 companies. The trust's core objective is to provide its shareholders a steady pattern of dividend payments by generating returns from investment across varied sectors such as consumer services, financials, industrials, technology, consumer goods, basic materials, healthcare, oil and gas, telecommunications, and utilities.

JPMorgan Mid Cap Investment Trust (LSE:JMF) Headlines

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