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GlassBridge Enterprises (STU:IMNA) Cyclically Adjusted FCF per Share : €-58.71 (As of Sep. 2023)


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What is GlassBridge Enterprises 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.

GlassBridge Enterprises's adjusted free cash flow per share for the three months ended in Sep. 2023 was €-61.269. 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 €-58.71 for the trailing ten years ended in Sep. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -93.90% 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 GlassBridge Enterprises was 23.00% per year. The lowest was -93.90% per year. And the median was -11.95% per year.

As of today (2024-05-23), GlassBridge Enterprises's current stock price is €6.89. GlassBridge Enterprises's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was €-58.71. GlassBridge Enterprises's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of GlassBridge Enterprises was 3.87. The lowest was 0.05. And the median was 1.44.


GlassBridge Enterprises Cyclically Adjusted FCF per Share Historical Data

The historical data trend for GlassBridge Enterprises'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.

GlassBridge Enterprises Cyclically Adjusted FCF per Share Chart

GlassBridge Enterprises Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.33 -0.33 -14.06 -181.06 -19.65

GlassBridge Enterprises Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -16.24 -19.65 -22.10 -64.25 -58.71

Competitive Comparison of GlassBridge Enterprises's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, GlassBridge Enterprises'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.


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

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

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



GlassBridge Enterprises 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, GlassBridge Enterprises's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-61.269/129.8595*129.8595
=-61.269

Current CPI (Sep. 2023) = 129.8595.

GlassBridge Enterprises Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 492.750 98.326 650.777
201403 -234.950 99.695 -306.040
201406 -441.619 100.560 -570.293
201409 22.190 100.428 28.693
201412 196.952 99.070 258.163
201503 -717.190 99.621 -934.882
201506 -297.000 100.684 -383.063
201509 246.095 100.392 318.331
201512 -168.333 99.792 -219.051
201603 -3,289.526 100.470 -4,251.762
201606 -262.316 101.688 -334.987
201609 -398.579 101.861 -508.136
201612 -94.842 101.863 -120.909
201703 178.095 102.862 224.838
201706 74.760 103.349 93.937
201709 93.960 104.136 117.170
201712 -588.120 104.011 -734.277
201803 -62.385 105.290 -76.943
201806 -92.192 106.317 -112.607
201809 -143.960 106.507 -175.525
201812 -57.462 105.998 -70.397
201903 -95.308 107.251 -115.399
201906 -44.269 108.070 -53.195
201909 -14.520 108.329 -17.406
201912 -244.800 108.420 -293.208
202003 -104.960 108.902 -125.159
202006 -7.120 108.767 -8.501
202009 -78.120 109.815 -92.379
202012 -69.040 109.897 -81.581
202103 -36.960 111.754 -42.948
202106 -46.480 114.631 -52.655
202109 -65.385 115.734 -73.365
202112 -71.500 117.630 -78.934
202203 -24.462 121.301 -26.188
202206 -21.846 125.017 -22.692
202209 -27.192 125.227 -28.198
202212 -25.423 125.222 -26.365
202303 -21.538 127.348 -21.963
202306 -14.192 128.729 -14.317
202309 -61.269 129.860 -61.269

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


GlassBridge Enterprises  (STU:IMNA) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of GlassBridge Enterprises was 3.87. The lowest was 0.05. And the median was 1.44.


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.


GlassBridge Enterprises Cyclically Adjusted FCF per Share Related Terms

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


GlassBridge Enterprises (STU:IMNA) Business Description

Traded in Other Exchanges
Address
18 East 50th Street, FL7, New York, NY, USA, 10022
GlassBridge Enterprises Inc is a holding company in the United States. It is involved in the asset management business that comprises investment advisory services to third-party investors through managed funds, as well as separately managed accounts. The firm operates in two segments: Asset Management Business, through AAM, and a sports investment platform, through SportBLX-both owned by Adara.

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