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Clough Global Dividend andome Fund (Clough Global Dividend andome Fund) Cyclically Adjusted FCF per Share : $2.52 (As of Oct. 2023)


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What is Clough Global Dividend andome Fund Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Clough Global Dividend andome Fund's adjusted free cash flow per share data for the fiscal year that ended in Oct. 2023 was $4.594. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $2.52 for the trailing ten years ended in Oct. 2023.

During the past 12 months, Clough Global Dividend andome Fund's average Cyclically Adjusted FCF Growth Rate was 17.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 0.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Clough Global Dividend andome Fund was 0.90% per year. The lowest was 0.90% per year. And the median was 0.90% per year.

As of today (2024-05-19), Clough Global Dividend andome Fund's current stock price is $ 5.62. Clough Global Dividend andome Fund's Cyclically Adjusted FCF per Share for the fiscal year that ended in Oct. 2023 was $2.52. Clough Global Dividend andome Fund's Cyclically Adjusted Price-to-FCF of today is 2.23.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Clough Global Dividend andome Fund was 5.60. The lowest was 2.00. And the median was 3.84.


Clough Global Dividend andome Fund Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Clough Global Dividend andome Fund's Cyclically Adjusted FCF per Share 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.

Clough Global Dividend andome Fund Cyclically Adjusted FCF per Share Chart

Clough Global Dividend andome Fund Annual Data
Trend Mar14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.45 2.05 2.14 2.52

Clough Global Dividend andome Fund Semi-Annual Data
Mar14 Sep14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Cyclically Adjusted FCF per Share 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 2.05 - 2.14 - 2.52

Competitive Comparison of Clough Global Dividend andome Fund's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, Clough Global Dividend andome 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.


Clough Global Dividend andome Fund's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Clough Global Dividend andome Fund's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Clough Global Dividend andome Fund's Cyclically Adjusted Price-to-FCF falls into.



Clough Global Dividend andome Fund Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Clough Global Dividend andome Fund's adjusted Free Cash Flow per Share data for the fiscal year that ended in Oct. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Oct. 2023 (Change)*Current CPI (Oct. 2023)
=4.594/129.8097*129.8097
=4.594

Current CPI (Oct. 2023) = 129.8097.

Clough Global Dividend andome Fund Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.359 99.695 1.770
201510 1.483 100.346 1.918
201610 3.298 101.988 4.198
201710 1.122 104.070 1.400
201810 12.385 106.695 15.068
201910 -0.258 108.577 -0.308
202010 0.137 109.861 0.162
202110 -3.170 116.696 -3.526
202210 -0.095 125.734 -0.098
202310 4.594 129.810 4.594

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Clough Global Dividend andome Fund  (AMEX:GLV) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Clough Global Dividend andome Fund's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.62/2.52
=2.23

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Clough Global Dividend andome Fund was 5.60. The lowest was 2.00. And the median was 3.84.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Clough Global Dividend andome Fund Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Clough Global Dividend andome Fund's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Clough Global Dividend andome Fund (Clough Global Dividend andome Fund) Business Description

Traded in Other Exchanges
N/A
Address
1290 Broadway, Suite 1000, Denver, CO, USA, 80203
Clough Global Dividend and Income Fund is a closed-ended investment management company. The fund's investment objective is to provide a high level of total return. It invests in equity and debt securities in both U.S. and non-U.S. markets of companies of any market capitalization.
Executives
Christopher Moore officer: Secretary 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jill Kerschen officer: Treasurer 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Clough Capital Partners, L.p. other: Investment Adviser 53 STATE STREET, 27TH FLOOR, SUITE 2702, BOSTON MA 02109
Lainey Ejiasa officer: President 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Dylan Riter Mikel other: Assistant Treasurer 2921 SOUTH COORS DRIVE, LAKEWOOD CO 80228
Adams Nicholas other: Secretary 1055 BROADWAY, 3RD FL, KANSAS CITY MT 64105
Adam D Crescenzi director 100 WALDEN STREET, CONCORD MA 01742
Ryan Johanson officer: Treasurer 1290 BROADWAY SUITE 1000, DENVER CO 80203
Alex James Marks officer: Assistant Secretary 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Erich Rettinger officer: Treasurer 1290 BROADWAY SUITE 1100, DENVER CO 80203
Michael Jason Hearle other: Person affiliated with Inv Adv 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Kelly Mcewen officer: Treasurer 5050 S. SYRACUSE ST., SUITE 1100, DENVER CO 80237
Kevin Joseph Mcnally officer: Trustee 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Karen Ann Digravio other: Trustee 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jerry G Rutledge director 2745 SPRINGMEDE COURT, COLORADO SPRINGS CO 80906