iShares Asia Trust - iShares Core MSCI China Index ETF P/FCF
What is the P/FCF of iShares Asia Trust - iShares Core MSCI China Index ETF?
The P/FCF of iShares Asia Trust - iShares Core MSCI China Index ETF is 0.16
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 Miscellaneous sector on HKSE compared to iShares Asia Trust - iShares Core MSCI China Index ETF
What does iShares Asia Trust - iShares Core MSCI China Index ETF do?
iShares Asia Trust - iShares MSCI China Index ETF is an exchange traded fund launched and managed by BlackRock Asset Management North Asia Limited. It invests in the public equity markets of China. The fund seeks to invest in the stocks of companies operating across diversified sectors. It invests in the stocks of large-cap and mid-cap companies. The fund seeks to replicate the performance of the MSCI China Index, by employing representative sampling methodology. It was formerly known as iShares Asia Trust - iShares MSCI China Tracker ETF. iShares Asia Trust - iShares MSCI China Index ETF was formed on November 16, 2001 and is domiciled in Hong Kong.
Companies with p/fcf similar to iShares Asia Trust - iShares Core MSCI China Index ETF
- Linekong Interactive Co has P/FCF of 0.15
- China Oil And Gas has P/FCF of 0.15
- Svenska Handelsbanken AB (publ) has P/FCF of 0.15
- AGC, (Japan) has P/FCF of 0.15
- Kinder Morgan has P/FCF of 0.15
- Changan Minsheng APLL Logistics Co has P/FCF of 0.15
- iShares Asia Trust - iShares Core MSCI China Index ETF has P/FCF of 0.16
- Oil Co. LUKOIL PJSC has P/FCF of 0.17
- Century City International has P/FCF of 0.17
- Federal Home Loan Mortgage has P/FCF of 0.17
- LATAM Airlines S.A has P/FCF of 0.17
- Wipro has P/FCF of 0.17
- Federal National Mortgage Association has P/FCF of 0.17