Polar Capital Global Healthcare Trust Plc P/FCF
What is the P/FCF of Polar Capital Global Healthcare Trust Plc?
The P/FCF of Polar Capital Global Healthcare Trust Plc is 52.90
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 Polar Capital Global Healthcare Trust Plc
What does Polar Capital Global Healthcare Trust Plc do?
Polar Capital Global Healthcare Trust plc is a closed ended equity mutual fund launched and managed by Polar Capital LLP. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector, with an emphasis on companies involved in pharmaceuticals, medical services, medical devices, and biotechnology. The fund primarily invests in dividend paying growth stocks of large-cap companies having a market capitalization greater than US $5 billion. It employs fundamental analysis with a bottom up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI ACWI/Health Care Index. It was formerly known as Polar Capital Global Healthcare Growth and Income Trust plc. Polar Capital Global Healthcare Trust plc was formed on May 12, 2010 and is domiciled in the United Kingdom.
Companies with p/fcf similar to Polar Capital Global Healthcare Trust Plc
- Halma plc has P/FCF of 52.59
- Halma plc has P/FCF of 52.59
- Halma plc has P/FCF of 52.59
- Synchronoss Technologies Inc has P/FCF of 52.69
- BlackRock New York Municipal Bond Trust has P/FCF of 52.84
- GFT Technologies SE has P/FCF of 52.84
- Polar Capital Global Healthcare Trust Plc has P/FCF of 52.90
- Sea Ltd has P/FCF of 53.13
- Straumann AG has P/FCF of 53.40
- BlackRock Taxable Municipal Bond Trust has P/FCF of 53.49
- Wajax has P/FCF of 53.56
- Imax Corp has P/FCF of 53.63
- Witan Investment Trust Plc has P/FCF of 53.63