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VinaCapital Vietnam Opportunity Fund (LSE:VOF) Cyclically Adjusted Price-to-FCF : 35.04 (As of Jun. 10, 2024)


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What is VinaCapital Vietnam Opportunity Fund Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), VinaCapital Vietnam Opportunity Fund's current share price is £4.905. VinaCapital Vietnam Opportunity Fund's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was £0.14. VinaCapital Vietnam Opportunity Fund's Cyclically Adjusted Price-to-FCF for today is 35.04.

The historical rank and industry rank for VinaCapital Vietnam Opportunity Fund's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LSE:VOF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 30.64   Med: 62.3   Max: 350
Current: 35.81

During the past 13 years, VinaCapital Vietnam Opportunity Fund's highest Cyclically Adjusted Price-to-FCF was 350.00. The lowest was 30.64. And the median was 62.30.

LSE:VOF's Cyclically Adjusted Price-to-FCF is ranked worse than
69.05% of 504 companies
in the Asset Management industry
Industry Median: 19.72 vs LSE:VOF: 35.81

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.

VinaCapital Vietnam Opportunity Fund's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was £0.176. 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 £0.14 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


VinaCapital Vietnam Opportunity Fund Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for VinaCapital Vietnam Opportunity 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.

VinaCapital Vietnam Opportunity Fund Cyclically Adjusted Price-to-FCF Chart

VinaCapital Vietnam Opportunity Fund 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 142.75 61.56 44.65 40.18 31.32

VinaCapital Vietnam Opportunity Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 40.18 - 31.32 -

Competitive Comparison of VinaCapital Vietnam Opportunity Fund's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, VinaCapital Vietnam Opportunity 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.


VinaCapital Vietnam Opportunity Fund's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where VinaCapital Vietnam Opportunity Fund's Cyclically Adjusted Price-to-FCF falls into.



VinaCapital Vietnam Opportunity 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.

VinaCapital Vietnam Opportunity Fund's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.905/0.14
=35.04

* 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.

VinaCapital Vietnam Opportunity Fund's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, VinaCapital Vietnam Opportunity Fund'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)
=0.176/128.7287*128.7287
=0.176

Current CPI (Jun23) = 128.7287.

VinaCapital Vietnam Opportunity Fund Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.009 100.560 -0.012
201506 -0.001 100.684 -0.001
201606 0.010 101.688 0.013
201706 0.073 103.349 0.091
201806 0.190 106.317 0.230
201906 0.006 108.070 0.007
202006 0.242 108.767 0.286
202106 0.514 114.631 0.577
202206 0.002 125.017 0.002
202306 0.176 128.729 0.176

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.


VinaCapital Vietnam Opportunity Fund  (LSE:VOF) 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.


VinaCapital Vietnam Opportunity Fund Cyclically Adjusted Price-to-FCF Related Terms

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


VinaCapital Vietnam Opportunity Fund (LSE:VOF) Business Description

Traded in Other Exchanges
Address
Trafalgar Court, Les Banques, PO Box 656, Channel Islands, St Peter Port, GGY, GY1 3PP
VinaCapital Vietnam Opportunity Fund Ltd is a Guernsey-based investment company. The company's investment objective is to achieve medium to long-term returns through investment either in Vietnam or in companies with a substantial majority of their assets, operations, revenues or income in, or derived from, Vietnam. The company mainly invests in listed and unlisted companies, debt instruments, private equity and real estate assets and other opportunities to achieve medium to long-term capital appreciation and investment income. It holds a diversified portfolio of investment including consumer goods, construction, financial services, agriculture, energy, pharmaceuticals and government bonds.

VinaCapital Vietnam Opportunity Fund (LSE:VOF) Headlines

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