GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Princeton Capital Corp (OTCPK:PIAC) » Definitions » Cyclically Adjusted FCF per Share

Princeton Capital (Princeton Capital) Cyclically Adjusted FCF per Share : $0.00 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Princeton Capital Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Princeton Capital's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.000. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.00 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -4.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Princeton Capital was 27.30% per year. The lowest was -44.20% per year. And the median was -4.30% per year.

As of today (2024-06-11), Princeton Capital's current stock price is $0.1732. Princeton Capital's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.00. Princeton Capital's Cyclically Adjusted Price-to-FCF of today is .


Princeton Capital Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Princeton Capital's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Princeton Capital Cyclically Adjusted FCF per Share Chart

Princeton Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.15 -0.16 -0.16 -0.17

Princeton Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.16 -0.16 - -0.17 -

Competitive Comparison of Princeton Capital's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, Princeton Capital's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Princeton Capital's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Princeton Capital's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Princeton Capital's Cyclically Adjusted Price-to-FCF falls into.



Princeton Capital Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Princeton Capital's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0/131.7762*131.7762
=0.000

Current CPI (Mar. 2024) = 131.7762.

Princeton Capital Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.001 100.560 0.001
201409 0.004 100.428 0.005
201412 -0.006 99.070 -0.008
201503 -1.543 99.621 -2.041
201506 -0.187 100.684 -0.245
201509 0.474 100.392 0.622
201512 0.007 99.792 0.009
201603 -0.421 100.470 -0.552
201606 0.058 101.688 0.075
201609 -0.037 101.861 -0.048
201612 -0.042 101.863 -0.054
201703 0.049 102.862 0.063
201706 0.382 103.349 0.487
201709 0.028 104.136 0.035
201712 -0.008 104.011 -0.010
201803 -0.386 105.290 -0.483
201806 0.051 106.317 0.063
201809 0.044 106.507 0.054
201812 0.295 105.998 0.367
201903 -0.014 107.251 -0.017
201906 -0.003 108.070 -0.004
201909 -0.001 108.329 -0.001
201912 0.000 108.420 0.000
202003 -0.001 108.902 -0.001
202006 0.000 108.767 0.000
202009 0.005 109.815 0.006
202012 0.008 109.897 0.010
202103 -0.003 111.754 -0.004
202106 -0.006 114.631 -0.007
202109 0.002 115.734 0.002
202112 -0.003 117.630 -0.003
202203 -0.001 121.301 -0.001
202206 -0.001 125.017 -0.001
202209 -0.001 125.227 -0.001
202212 0.086 125.222 0.091
202303 0.005 127.348 0.005
202306 -0.002 128.729 -0.002
202309 0.000 129.860 0.000
202312 0.001 129.419 0.001
202403 0.000 131.776 0.000

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Princeton Capital  (OTCPK:PIAC) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Princeton Capital Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Princeton Capital's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Princeton Capital (Princeton Capital) Business Description

Traded in Other Exchanges
N/A
Address
800 Turnpike Street, Suite 300, North Andover, MA, USA, 01845
Princeton Capital Corp is an externally managed, non-diversified, closed-end investment company that has elected to be treated as a BDC. While the company has sought to invest primarily in private small and lower middle-market companies in various industries through first-lien loans, second-lien loans, unsecured loans, unitranche and mezzanine debt financing, often times with a corresponding equity investment, the company is now (with a strategic alternatives process underway and limited resources) investing only in current investments and otherwise conserving cash.
Executives
Mark S. Disalvo director, 10 percent owner 800 TURNPIKE STREET, SUITE 300, NORTH ANDOVER MA 01845
Gregory Scott Bennett director 35 PARADISE CLOSE, RED BAY, GEORGE TOWN, GRAND CAYMAN E9 0000
Martin William Laidlaw director WINDWARD 1, REGATTA OFFICER PARK, WEST BAY ROAD, PO BOX 30100, GRAND CAYMAN E9 KY1-1201
Darren Stainrod director FIDELITY FINANCIAL CENTRE, 3RD FLOOR, BOX 2427, WEST BAY ROAD, GRAND CAYMAN E9 KY1-1105
Charles J Newman director, officer: CEO/CFO/Chairman P.O. BOX 25610, SCOTTSDALE AZ 85255
Alfred Jackson director, 10 percent owner ONE RIVERWAY, SUITE 2020, HOUSTON TX 77056
Gregory J. Cannella officer: CFO, Treasurer and Secretary ONE RIVERWAY, SUITE 2020, HOUSTON TX 77056
Trennis L Jones director ONE RIVERWAY, SUITE 2020, HOUSTON TX 77056
Munish Sood director, officer: Chief Executive Officer ONE RIVERWAY, SUITE 2020, HOUSTON TX 77056
Joy Sheehan officer: Chief Compliance Officer ONE RIVERWAY, SUITE 2020, HOUSTON TX 77056
Thomas Jr. Jones director ONE RIVERWAY, SUITE 2020, HOUSTON TX 77056
Capital Point Partners, L.p. 10 percent owner ONE RIVERWAY, SUITE 200, HOUSTON TX 77056
Brodkorb Bernard Leonard Jr director 2560 N RICE STREET, ST PAUL MN 55113

Princeton Capital (Princeton Capital) Headlines

From GuruFocus

Princeton Capital Corporation Announces Cash Dividend

By Value_Insider Value_Insider 10-27-2022

Princeton Capital Corporation Provides Strategic Process Update

By Marketwired Marketwired 08-19-2021