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Heidrick & Struggles International (FRA:HSI) Cyclically Adjusted Price-to-FCF : 9.75 (As of Jun. 07, 2024)


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What is Heidrick & Struggles International Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Heidrick & Struggles International's current share price is €31.80. Heidrick & Struggles International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.26. Heidrick & Struggles International's Cyclically Adjusted Price-to-FCF for today is 9.75.

The historical rank and industry rank for Heidrick & Struggles International's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:HSI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.44   Med: 11.79   Max: 32.03
Current: 9.65

During the past years, Heidrick & Struggles International's highest Cyclically Adjusted Price-to-FCF was 32.03. The lowest was 6.44. And the median was 11.79.

FRA:HSI's Cyclically Adjusted Price-to-FCF is ranked better than
71.86% of 366 companies
in the Business Services industry
Industry Median: 18.155 vs FRA:HSI: 9.65

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.

Heidrick & Struggles International's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-9.165. 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 €3.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Heidrick & Struggles International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Heidrick & Struggles International'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.

Heidrick & Struggles International Cyclically Adjusted Price-to-FCF Chart

Heidrick & Struggles International 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 12.38 12.65 12.14 6.54 7.56

Heidrick & Struggles International 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 9.49 8.02 6.97 7.56 9.52

Competitive Comparison of Heidrick & Struggles International's Cyclically Adjusted Price-to-FCF

For the Staffing & Employment Services subindustry, Heidrick & Struggles International'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.


Heidrick & Struggles International's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Heidrick & Struggles International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Heidrick & Struggles International's Cyclically Adjusted Price-to-FCF falls into.



Heidrick & Struggles International 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.

Heidrick & Struggles International's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=31.80/3.26
=9.75

* 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.

Heidrick & Struggles International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Heidrick & Struggles International'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)
=-9.165/131.7762*131.7762
=-9.165

Current CPI (Mar. 2024) = 131.7762.

Heidrick & Struggles International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.166 100.560 1.528
201409 1.776 100.428 2.330
201412 2.540 99.070 3.379
201503 -4.681 99.621 -6.192
201506 0.990 100.684 1.296
201509 1.885 100.392 2.474
201512 3.614 99.792 4.772
201603 -5.673 100.470 -7.441
201606 1.601 101.688 2.075
201609 1.648 101.861 2.132
201612 3.319 101.863 4.294
201703 -5.580 102.862 -7.149
201706 0.856 103.349 1.091
201709 2.095 104.136 2.651
201712 4.594 104.011 5.820
201803 -5.821 105.290 -7.285
201806 1.288 106.317 1.596
201809 3.613 106.507 4.470
201812 5.540 105.998 6.887
201903 -7.086 107.251 -8.706
201906 1.480 108.070 1.805
201909 4.001 108.329 4.867
201912 5.192 108.420 6.310
202003 -7.658 108.902 -9.267
202006 1.750 108.767 2.120
202009 2.163 109.815 2.596
202012 4.078 109.897 4.890
202103 -5.977 111.754 -7.048
202106 3.650 114.631 4.196
202109 4.868 115.734 5.543
202112 8.859 117.630 9.924
202203 -11.687 121.301 -12.696
202206 3.737 125.017 3.939
202209 6.656 125.227 7.004
202212 7.143 125.222 7.517
202303 -15.477 127.348 -16.015
202306 1.965 128.729 2.012
202309 4.863 129.860 4.935
202312 6.577 129.419 6.697
202403 -9.165 131.776 -9.165

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.


Heidrick & Struggles International  (FRA:HSI) 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.


Heidrick & Struggles International Cyclically Adjusted Price-to-FCF Related Terms

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Heidrick & Struggles International (FRA:HSI) Business Description

Traded in Other Exchanges
Address
233 South Wacker Drive, Suite 4900, Chicago, IL, USA, 60606-6303
Heidrick & Struggles International Inc is a leadership advisory firm providing executive search and consulting services to businesses and business leaders world wide. The company's operating segment includes the executive search business which operates in the Americas; Europe; Asia Pacific and On-Demand Talent and Heidrick Consulting. It generates maximum revenue from the Americas.

Heidrick & Struggles International (FRA:HSI) Headlines

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