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JPMorgan US Smaller IT (LSE:JUSC) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is JPMorgan US Smaller IT Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


JPMorgan US Smaller IT Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for JPMorgan US Smaller IT'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.

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JPMorgan US Smaller IT Cyclically Adjusted Price-to-FCF Chart

JPMorgan US Smaller IT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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JPMorgan US Smaller IT Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of JPMorgan US Smaller IT's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, JPMorgan US Smaller IT'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 US Smaller IT's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where JPMorgan US Smaller IT's Cyclically Adjusted Price-to-FCF falls into.



JPMorgan US Smaller IT 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 US Smaller IT's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, JPMorgan US Smaller IT's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.019/130.5000*130.5000
=0.019

Current CPI (Dec23) = 130.5000.

JPMorgan US Smaller IT Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.004 99.900 -0.005
201512 -0.002 100.400 -0.003
201612 -0.033 102.200 -0.042
201712 -0.002 105.000 -0.002
201812 -0.010 107.100 -0.012
201912 -0.002 108.500 -0.002
202012 0.003 109.400 0.004
202112 -0.003 114.700 -0.003
202212 0.004 125.300 0.004
202312 0.019 130.500 0.019

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 US Smaller IT  (LSE:JUSC) 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 US Smaller IT Cyclically Adjusted Price-to-FCF Related Terms

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JPMorgan US Smaller IT (LSE:JUSC) Business Description

Traded in Other Exchanges
N/A
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan US Smaller Companies IT PLC is a UK-based investment company. It aims to achieve capital growth from investing in the US smaller companies. The company invests in a diversified portfolio and employs a manager with a strong focus on research and identifying the most attractive stocks in the us smaller companies universe. It reviews its performance against the Russell 2000 Index total return with net dividends reinvested, expressed in sterling terms which represent smaller companies' index and is rebalanced annually to represent the bottom 10% by market capitalization of all quoted companies in the us.

JPMorgan US Smaller IT (LSE:JUSC) Headlines

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