CQS New City High Yield Fund P/FCF
What is the P/FCF of CQS New City High Yield Fund?
The P/FCF of CQS New City High Yield Fund Ltd. is 15,686.25
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 CQS New City High Yield Fund
What does CQS New City High Yield Fund do?
CQS New City High Yield Fund Limited is a close ended fixed income mutual fund launched by CQS Asset Management Ltd. The fund is managed by CQS (UK) LLP. It invests in fixed income markets. The fund primarily invests in fixed income securities such as corporate and government bonds, loan stocks, and high yielding bonds. It uses a value approach to create its portfolio. The fund was formerly known as New City High Yield Fund Limited. CQS New City High Yield Fund Limited was formed in October 2004 and is domiciled in the Channel Islands.
Companies with p/fcf similar to CQS New City High Yield Fund
- Ryder System has P/FCF of 4,216.57
- Air Transport Services Inc has P/FCF of 4,248.38
- Newborn Acquisition has P/FCF of 5,278.05
- Lundin Ab Spon Adr Each has P/FCF of 5,323.31
- Horizon Discovery plc has P/FCF of 7,823.84
- Compania de Minas Buenaventura S.A has P/FCF of 9,569.41
- CQS New City High Yield Fund has P/FCF of 15,686.25
- Gores Metropoulos has P/FCF of 16,352.34
- Gores Metropoulos has P/FCF of 18,745.29
- Ziptel has P/FCF of 26,168.22
- Trend Innovations has P/FCF of 273,246.87