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Corinthian Colleges (FRA:CH7) Cyclically Adjusted Price-to-FCF : (As of Jun. 14, 2024)


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What is Corinthian Colleges Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Corinthian Colleges Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Corinthian Colleges'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.

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Corinthian Colleges Cyclically Adjusted Price-to-FCF Chart

Corinthian Colleges Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Cyclically Adjusted Price-to-FCF
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Corinthian Colleges Semi-Annual Data
Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
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Competitive Comparison of Corinthian Colleges's Cyclically Adjusted Price-to-FCF

For the Education & Training Services subindustry, Corinthian Colleges'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.


Corinthian Colleges's Cyclically Adjusted Price-to-FCF Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Corinthian Colleges's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Corinthian Colleges 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.

Corinthian Colleges's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun13 is calculated as:

For example, Corinthian Colleges's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun13 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun13 (Change)*Current CPI (Jun13)
=-0.022/98.5178*98.5178
=-0.022

Current CPI (Jun13) = 98.5178.

Corinthian Colleges Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200406 0.432 80.037 0.532
200506 0.456 82.062 0.547
200606 0.550 85.606 0.633
200706 -0.275 87.906 -0.308
200806 -0.308 92.320 -0.329
200906 1.217 91.003 1.317
201006 1.112 91.962 1.191
201106 -0.777 95.235 -0.804
201206 1.030 96.819 1.048
201306 -0.022 98.518 -0.022

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.


Corinthian Colleges  (FRA:CH7) 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.


Corinthian Colleges Cyclically Adjusted Price-to-FCF Related Terms

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Corinthian Colleges (FRA:CH7) Business Description

Traded in Other Exchanges
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Address
Corinthian Colleges Inc is a post-secondary education company in the United States and Canada. It offers diploma programs and associate, bachelors and master's degrees through a single operating segment. As of June 30, 2013, it has a student enrollment of 81,284 and operated 97 schools in 25 states, and 14 schools in the province of Ontario, Canada. The Company has acquired 76 colleges including the Heald acquisition and has opened 35 branch campuses. Its training program areas include healthcare, criminal justice, business, mechanical, trades, and information technology. The Company's diploma programs provide students with the requisite knowledge and job skills for entry-level positions in their chosen career.Key elements of its operating strategy includes emphasize Student Outcomes, create an Effective Learning Environment, focus on Attractive Markets, manage School and Program Performance, Standardize Key Business Processes and Centralize Key Functions.

Corinthian Colleges (FRA:CH7) Headlines

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