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Sprott (Sprott) Cyclically Adjusted FCF per Share : $1.02 (As of Mar. 2024)


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What is Sprott 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.

Sprott's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.420. 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 $1.02 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sprott's average Cyclically Adjusted FCF Growth Rate was -4.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -10.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -12.20% 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 Sprott was -3.00% per year. The lowest was -23.20% per year. And the median was -14.20% per year.

As of today (2024-05-28), Sprott's current stock price is $45.87. Sprott's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.02. Sprott's Cyclically Adjusted Price-to-FCF of today is 44.97.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sprott was 62.01. The lowest was 6.55. And the median was 19.92.


Sprott Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sprott'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.

Sprott Cyclically Adjusted FCF per Share Chart

Sprott 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 1.87 1.62 0.81 0.98 1.13

Sprott 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 1.06 1.06 1.07 1.13 1.02

Competitive Comparison of Sprott's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, Sprott'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.


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

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

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



Sprott 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, Sprott'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)
=0.42/126.2576*126.2576
=0.420

Current CPI (Mar. 2024) = 126.2576.

Sprott Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.189 99.473 -1.509
201409 -0.209 99.394 -0.265
201412 1.156 98.367 1.484
201503 0.141 99.789 0.178
201506 0.668 100.500 0.839
201509 0.009 100.421 0.011
201512 -0.060 99.947 -0.076
201603 -0.696 101.054 -0.870
201606 0.990 102.002 1.225
201609 0.318 101.765 0.395
201612 0.555 101.449 0.691
201703 0.223 102.634 0.274
201706 -0.253 103.029 -0.310
201709 2.206 103.345 2.695
201712 -0.505 103.345 -0.617
201803 -2.787 105.004 -3.351
201806 0.814 105.557 0.974
201809 0.399 105.636 0.477
201812 0.603 105.399 0.722
201903 -0.250 106.979 -0.295
201906 0.300 107.690 0.352
201909 0.933 107.611 1.095
201912 0.216 107.769 0.253
202003 -0.241 107.927 -0.282
202006 0.885 108.401 1.031
202009 0.430 108.164 0.502
202012 -0.078 108.559 -0.091
202103 0.722 110.298 0.826
202106 0.375 111.720 0.424
202109 0.683 112.905 0.764
202112 0.170 113.774 0.189
202203 0.252 117.646 0.270
202206 0.549 120.806 0.574
202209 -0.116 120.648 -0.121
202212 0.561 120.964 0.586
202303 0.419 122.702 0.431
202306 0.257 124.203 0.261
202309 -0.020 125.230 -0.020
202312 0.434 125.072 0.438
202403 0.420 126.258 0.420

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


Sprott  (NYSE:SII) 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.

Sprott's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=45.87/1.02
=44.97

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sprott was 62.01. The lowest was 6.55. And the median was 19.92.


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.


Sprott Cyclically Adjusted FCF per Share Related Terms

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


Sprott (Sprott) Business Description

Industry
Traded in Other Exchanges
Address
200 Bay Street, South Tower, Suite 2600, Royal Bank Plaza, Toronto, ON, CAN, M5J 2J1
Sprott Inc is an alternative asset manager operating in Canada. The company has five reportable segments: Exchange Listed Products, which includes management services to the company's closed-end physical trusts and exchange-traded funds, both of which are actively traded on public securities exchanges; Managed equities segment provides asset management and sub-advisory services to the Company's branded funds, fixed-term LPs and managed accounts; Private strategies; Brokerage segment includes activities of Canadian and U.S. broker-dealers; Corporate; and Others.

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