GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » First Finance Co (AMM:FFCO) » Definitions » Cyclically Adjusted Price-to-FCF

First Finance Co (AMM:FFCO) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


View and export this data going back to 2006. Start your Free Trial

What is First Finance Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


First Finance Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for First Finance Co's Cyclically Adjusted Price-to-FCF 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.

First Finance Co Cyclically Adjusted Price-to-FCF Chart

First Finance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

First Finance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 - - - - -

Competitive Comparison of First Finance Co's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, First Finance Co'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.


First Finance Co's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, First Finance Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



First Finance Co Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

First Finance Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, First Finance Co'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)
=-0.014/131.7762*131.7762
=-0.014

Current CPI (Mar. 2024) = 131.7762.

First Finance Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.278 100.560 -0.364
201409 -0.015 100.428 -0.020
201412 0.039 99.070 0.052
201503 -0.004 99.621 -0.005
201506 -0.477 100.684 -0.624
201509 0.076 100.392 0.100
201512 0.010 99.792 0.013
201603 -0.015 100.470 -0.020
201606 0.037 101.688 0.048
201609 0.032 101.861 0.041
201612 -0.019 101.863 -0.025
201703 -0.022 102.862 -0.028
201706 0.059 103.349 0.075
201709 -0.052 104.136 -0.066
201712 -0.018 104.011 -0.023
201803 0.005 105.290 0.006
201806 -0.019 106.317 -0.024
201809 0.043 106.507 0.053
201812 0.065 105.998 0.081
201903 -0.035 107.251 -0.043
201906 0.003 108.070 0.004
201909 0.007 108.329 0.009
201912 0.107 108.420 0.130
202003 -0.014 108.902 -0.017
202006 0.013 108.767 0.016
202009 0.014 109.815 0.017
202012 0.040 109.897 0.048
202103 0.072 111.754 0.085
202106 -0.114 114.631 -0.131
202109 0.015 115.734 0.017
202112 0.009 117.630 0.010
202203 -0.002 121.301 -0.002
202206 -0.007 125.017 -0.007
202209 -0.011 125.227 -0.012
202212 0.009 125.222 0.009
202303 -0.003 127.348 -0.003
202306 0.007 128.729 0.007
202309 0.001 129.860 0.001
202312 -0.011 129.419 -0.011
202403 -0.014 131.776 -0.014

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


First Finance Co  (AMM:FFCO) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


First Finance Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of First Finance Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


First Finance Co (AMM:FFCO) Business Description

Traded in Other Exchanges
N/A
Address
King Abdullah II street, Building no. 172, Khalda, P.O. Box 144596, Amman, JOR, 11814
First Finance Co finances in various forms including direct financing of consumer goods and durables; real estate financing; finance small and medium projects; financing of stock and working capital. It offers automobile and vehicle finance for new and used cars, motorcycles, and boats and marine equipment; and real estate finance for building houses, construction materials, finishing works, maintenance and installation works, decoration works, and swimming pool construction. The company also invests in financial instruments.

First Finance Co (AMM:FFCO) Headlines

No Headlines