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Stellus Capital Investment (Stellus Capital Investment) Cyclically Adjusted FCF per Share : $-2.52 (As of Dec. 2023)


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What is Stellus Capital Investment 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.

Stellus Capital Investment's adjusted free cash flow per share for the three months ended in Dec. 2023 was $1.042. 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 $-2.52 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-05-01), Stellus Capital Investment's current stock price is $14.255. Stellus Capital Investment's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-2.52. Stellus Capital Investment's Cyclically Adjusted Price-to-FCF of today is .


Stellus Capital Investment Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Stellus Capital Investment'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.

Stellus Capital Investment Cyclically Adjusted FCF per Share Chart

Stellus Capital Investment 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 - - - -3.06 -2.52

Stellus Capital Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -3.06 -3.30 -2.65 -2.97 -2.52

Competitive Comparison of Stellus Capital Investment's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, Stellus Capital Investment'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.


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

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

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



Stellus Capital Investment 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, Stellus Capital Investment's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.042/129.4194*129.4194
=1.042

Current CPI (Dec. 2023) = 129.4194.

Stellus Capital Investment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.209 99.695 -1.569
201406 1.606 100.560 2.067
201409 -0.221 100.428 -0.285
201412 -2.346 99.070 -3.065
201503 -0.028 99.621 -0.036
201506 0.234 100.684 0.301
201509 0.059 100.392 0.076
201512 -2.225 99.792 -2.886
201603 -0.009 100.470 -0.012
201606 0.645 101.688 0.821
201609 0.364 101.861 0.462
201612 -0.293 101.863 -0.372
201703 1.612 102.862 2.028
201706 1.354 103.349 1.696
201709 -0.759 104.136 -0.943
201712 -0.636 104.011 -0.791
201803 -3.249 105.290 -3.994
201806 -3.671 106.317 -4.469
201809 1.954 106.507 2.374
201812 -1.454 105.998 -1.775
201903 -0.199 107.251 -0.240
201906 -0.248 108.070 -0.297
201909 -2.411 108.329 -2.880
201912 -2.100 108.420 -2.507
202003 -1.435 108.902 -1.705
202006 0.796 108.767 0.947
202009 1.273 109.815 1.500
202012 -0.816 109.897 -0.961
202103 -2.928 111.754 -3.391
202106 -2.950 114.631 -3.331
202109 0.639 115.734 0.715
202112 1.332 117.630 1.466
202203 -3.224 121.301 -3.440
202206 -0.717 125.017 -0.742
202209 -0.802 125.227 -0.829
202212 1.853 125.222 1.915
202303 -1.620 127.348 -1.646
202306 0.004 128.729 0.004
202309 -0.459 129.860 -0.457
202312 1.042 129.419 1.042

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


Stellus Capital Investment  (NYSE:SCM) 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.


Stellus Capital Investment Cyclically Adjusted FCF per Share Related Terms

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


Stellus Capital Investment (Stellus Capital Investment) Business Description

Traded in Other Exchanges
Address
4400 Post Oak Parkway, Suite 2200, Houston, TX, USA, 77027
Stellus Capital Investment Corp is a closed-end, non-diversified management investment company. Its objective is to maximize the total return to its stockholders in the form of current income and capital appreciation. It invests through a first lien, second lien, unitranche, and mezzanine debt financing, often with a corresponding equity investment. The company invests in various sectors, such as business services, energy, general industrial, government services, healthcare, software, and specialty finance. Business activity of the firm is functioned through the United States and it generates revenue in the form of interest income on debt investments and capital gains and distributions.
Executives
Bruce R Bilger director C/O STELLUS CAPITAL, 10000 MEMORIAL DRIVE, SUITE 500, HOUSTON TX 77024
Robert T. Ladd director, officer: President and CEO STELLUS CAPITAL, 10000 MEMORIAL DRIVE STE 500, HOUSTON TX 77024
Dean D'angelo director STELLUS CAPITAL, 10000 MEMORIAL DRIVE STE 500, HOUSTON TX 77024
J Tim Arnoult director 100 NORTH TRYON STREET, NC1-007-52-10, CHARLOTTE NC 28255
Joshua T. Davis director STELLUS CAPITAL, 10000 MEMORIAL DRIVE STE 500, HOUSTON TX 77024
W. Todd Huskinson officer: CFO & Chief Compliance Officer STELLUS CAPITAL, 10000 MEMORIAL DRIVE STE 500, HOUSTON TX 77024
Robert Ladd director, officer: President and CEO C/O LADDCAP VALUE ADVISORS LLC, 650 FIFTH AVENUE, SUITE 600, NEW YORK NY 10019
Paul Keglevic director STELLUS CAPITAL, 10000 MEMORIAL DRIVE STE 500, HOUSTON TX 77024
Dc Funding Spv 2, L.l.c. 10 percent owner, other: See Footnotes 1 and 2 1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
D. E. Shaw & Co, L.p. 10 percent owner, other: See Footnotes 1 and 2 1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
David E Shaw 10 percent owner, other: See Footnotes 1 and 2 120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036
D. E. Shaw Direct Capital, L.l.c. 10 percent owner, other: See Footnotes 1 and 2 1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
William C Repko director STELLUS CAPITAL, 10000 MEMORIAL DRIVE STE 500, HOUSTON TX 77024

Stellus Capital Investment (Stellus Capital Investment) Headlines

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