Ishares India R P/FCF
What is the P/FCF of Ishares India R?
The P/FCF of Ishares India R is 10.29
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 India R
What does Ishares India R do?
iShares Asia Trust - iShares Core S&P BSE SENSEX India 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 India. The fund invests directly and also through derivatives such as India Access Products (IAPs) in the stocks of companies operating across diversified sectors. It invests in the stocks of large-cap companies. The fund also invests in Indian market securities through iShares BSE SENSEX Mauritius Company, a wholly owned subsidiary incorporated in Mauritius. It seeks to replicate the performance of the S&P BSE SENSEX Index, by employing representative sampling methodology. The fund was formerly known as iShares Asia Trust - iShares S&P BSE SENSEX India Index ETF. iShares Asia Trust - iShares Core S&P BSE SENSEX India Index ETF was formed on October 31, 2006 and is domiciled in Hong Kong.
Companies with p/fcf similar to Ishares India R
- Calamos Strategic Total Return Fund has P/FCF of 10.27
- Wesfarmers has P/FCF of 10.27
- IBERIABANK has P/FCF of 10.27
- Triterras has P/FCF of 10.27
- RigNet Inc has P/FCF of 10.28
- Commercial Metals Co has P/FCF of 10.28
- Ishares India R has P/FCF of 10.29
- Redsun Services has P/FCF of 10.30
- Coca Cola Hbc Na.Sf 6,70 has P/FCF of 10.30
- Solvay SA has P/FCF of 10.31
- Big River Industries has P/FCF of 10.31
- Power Assets has P/FCF of 10.31
- Pimco New York Municipal Income Fund II has P/FCF of 10.31