Henderson Alternative Strategies Trust Plc P/FCF
What is the P/FCF of Henderson Alternative Strategies Trust Plc?
The P/FCF of Henderson Alternative Strategies Trust Plc is 117.32
What is the definition of P/FCF?
Price to free cash flow (P/FCF) is a valuation metric that compares the company’s current share price to its free cash flow per share.
ttm (trailing twelve months)
Price to free cash flow (P/FCF) is a measure that value investors find useful to analyze a company’s finances in relation to its current stock price. It is a stricter measure than the price to cash flow ratio as it subtracts capital expenditures from cash flow.
Free cash flow relies heavily on the state of a company's cash from operations, which is in turn heavily influenced by the company's net income. Companies can manipulate their free cash flow by lengthening the time they take to pay their bills, shortening the time it takes to collect what's owed to them, and putting off buying inventory. It also depends on what items are considered capital expenditures and this can be different in case of different companies.
Lower values of P/FCF generally indicate a company that is undervalued and whose stock is relatively cheap in relation to its free cash flow. Conversely, higher P/FCF indicate that the company's stock is relatively overvalued. Value investors thus favor companies with low or decreasing price to free cash flow values that indicate high or increasing free cash flow totals and relatively low stock share prices.
It is best to compare price to free cash flow ratios between similar companies in the same industry. However, the P/FCF metric can also be viewed over a longer time frame to see if the company's cash flow to share price value is improving or declining.
P/FCF of companies in the Finance sector on LSE compared to Henderson Alternative Strategies Trust Plc
What does Henderson Alternative Strategies Trust Plc do?
Henderson Alternative Strategies Trust plc is a closed ended equity fund of funds launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in funds that invest in public equity and hedging markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in equity securities, investment funds, exchange traded funds, warrants, and related instruments. It benchmarks the performance of its portfolio against the FTSE World Index. The fund was formerly known as Henderson Value Trust plc. Henderson Alternative Strategies Trust plc was formed on July 1, 1991 and is domiciled in the United Kingdom.
Companies with p/fcf similar to Henderson Alternative Strategies Trust Plc
- Take-Two Interactive Software has P/FCF of 115.58
- Gore Street Storage Fund Plc has P/FCF of 115.82
- Brederode SA has P/FCF of 116.54
- Barnes has P/FCF of 116.63
- AgroGeneration SA has P/FCF of 116.88
- Revolve Inc has P/FCF of 117.00
- Henderson Alternative Strategies Trust Plc has P/FCF of 117.32
- Bombardier has P/FCF of 117.53
- Molina Healthcare Inc has P/FCF of 117.89
- Cognex has P/FCF of 118.08
- Internet of Things has P/FCF of 118.18
- Aurora Spine has P/FCF of 118.22
- Advance Nanotek has P/FCF of 118.45