North European Oil Royalty Trust P/FCF
What is the P/FCF of North European Oil Royalty Trust?
The P/FCF of North European Oil Royalty Trust is 10.32
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 Energy sector on NYSE compared to North European Oil Royalty Trust
What does North European Oil Royalty Trust do?
north european oil royalty trust, a grantor trust, holds overriding royalty rights covering gas and oil production in various concessions or leases in the federal republic of germany. it has rights under contracts with german exploration and development subsidiaries of exxonmobil corp. and the royal dutch/shell group of companies. the company holds royalties for the sale of well gas, oil well gas, crude oil, condensate, and sulfur. north european oil royalty trust is based in keene, new hampshire.
Companies with p/fcf similar to North European Oil Royalty Trust
- Coca Cola Hbc Na.Sf 6,70 has P/FCF of 10.30
- Redsun Services has P/FCF of 10.30
- Pimco New York Municipal Income Fund II has P/FCF of 10.31
- Power Assets has P/FCF of 10.31
- Big River Industries has P/FCF of 10.31
- Solvay SA has P/FCF of 10.31
- North European Oil Royalty Trust has P/FCF of 10.32
- NamSys has P/FCF of 10.33
- Academy Sports & Outdoors has P/FCF of 10.33
- Southwest Gas Inc has P/FCF of 10.33
- Kaiser Aluminum Corp has P/FCF of 10.33
- Huttig Building Products has P/FCF of 10.33
- Andrews Sykes plc has P/FCF of 10.34