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SPS Finquest (BOM:538402) Cyclically Adjusted Price-to-FCF : 5.05 (As of May. 24, 2024)


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What is SPS Finquest Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), SPS Finquest's current share price is ₹69.00. SPS Finquest's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was ₹13.65. SPS Finquest's Cyclically Adjusted Price-to-FCF for today is 5.05.

The historical rank and industry rank for SPS Finquest's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BOM:538402' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.9   Med: 6.12   Max: 7.9
Current: 4.9

During the past 10 years, SPS Finquest's highest Cyclically Adjusted Price-to-FCF was 7.90. The lowest was 4.90. And the median was 6.12.

BOM:538402's Cyclically Adjusted Price-to-FCF is ranked better than
62.86% of 105 companies
in the Credit Services industry
Industry Median: 9.67 vs BOM:538402: 4.90

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.

SPS Finquest's adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was ₹4.058. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ₹13.65 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


SPS Finquest Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SPS Finquest'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.

SPS Finquest Cyclically Adjusted Price-to-FCF Chart

SPS Finquest Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 5.59

SPS Finquest Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 5.59 - - -

Competitive Comparison of SPS Finquest's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, SPS Finquest'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.


SPS Finquest's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

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

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



SPS Finquest 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.

SPS Finquest's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=69.00/13.65
=5.05

* 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.

SPS Finquest's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, SPS Finquest's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=4.058/146.8646*146.8646
=4.058

Current CPI (Mar23) = 146.8646.

SPS Finquest Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 66.504 91.425 106.832
201503 14.798 97.163 22.368
201603 -4.858 102.518 -6.959
201703 5.173 105.196 7.222
201803 -1.478 109.786 -1.977
201903 10.029 118.202 12.461
202003 -11.847 124.705 -13.952
202103 -0.633 131.771 -0.706
202203 6.778 138.822 7.171
202303 4.058 146.865 4.058

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.


SPS Finquest  (BOM:538402) 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.


SPS Finquest Cyclically Adjusted Price-to-FCF Related Terms

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


SPS Finquest (BOM:538402) Business Description

Traded in Other Exchanges
N/A
Address
B.S.Marg, R-514, 5th Floor, Rotunda Building, Fort, Mumbai, MH, IND, 400001
SPS Finquest Ltd is an Indian non-banking finance company that is mainly engaged in stock financing and providing inter-corporate loans. It has operations in the field of Stockbroking, Depository participation, Margin Funding Facility, Working Capital Facility, and Loan Against Shares. Geographically, it operates in India.

SPS Finquest (BOM:538402) Headlines

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