BlackRock World Mining Trust Plc P/FCF
What is the P/FCF of BlackRock World Mining Trust Plc?
The P/FCF of BlackRock World Mining Trust Plc is 15.53
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 BlackRock World Mining Trust Plc
What does BlackRock World Mining Trust Plc do?
BlackRock World Mining Trust plc is a closed-ended equity mutual fund launched by BlackRock Fund Managers Limited. It is managed by BlackRock Investment Management (UK) Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the mining and metal sectors. The fund benchmarks the performance of its portfolio against the Euromoney Global Mining Index. It was formerly known as Merrill Lynch World Mining Trust PLC. BlackRock World Mining Trust plc was formed on December 15, 1993 and is domiciled in the United Kingdom.
Companies with p/fcf similar to BlackRock World Mining Trust Plc
- American Outdoor Brands has P/FCF of 15.50
- Andlauer Healthcare has P/FCF of 15.51
- Myers Industries has P/FCF of 15.51
- Central Securities Corp has P/FCF of 15.52
- Novartis AG has P/FCF of 15.52
- Denny`s has P/FCF of 15.52
- BlackRock World Mining Trust Plc has P/FCF of 15.53
- Insperity Inc has P/FCF of 15.54
- Community System has P/FCF of 15.54
- Picanol NV has P/FCF of 15.54
- Brunswick has P/FCF of 15.55
- BorgWarner has P/FCF of 15.55
- SThree plc has P/FCF of 15.55