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Janus Henderson Group (Janus Henderson Group) Cyclically Adjusted Price-to-FCF : 9.63 (As of May. 24, 2024)


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What is Janus Henderson Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Janus Henderson Group's current share price is $34.38. Janus Henderson Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.57. Janus Henderson Group's Cyclically Adjusted Price-to-FCF for today is 9.63.

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

JHG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.63   Med: 7.54   Max: 9.63
Current: 9.44

During the past years, Janus Henderson Group's highest Cyclically Adjusted Price-to-FCF was 9.63. The lowest was 5.63. And the median was 7.54.

JHG's Cyclically Adjusted Price-to-FCF is ranked better than
69% of 500 companies
in the Asset Management industry
Industry Median: 20.13 vs JHG: 9.44

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.

Janus Henderson Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.043. 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 $3.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Janus Henderson Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Janus Henderson Group'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.

Janus Henderson Group Cyclically Adjusted Price-to-FCF Chart

Janus Henderson Group 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 - - - 6.37 8.20

Janus Henderson Group 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 7.66 7.63 7.06 8.20 9.20

Competitive Comparison of Janus Henderson Group's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Janus Henderson Group'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.


Janus Henderson Group's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where Janus Henderson Group's Cyclically Adjusted Price-to-FCF falls into.



Janus Henderson Group 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.

Janus Henderson Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=34.38/3.57
=9.63

* 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.

Janus Henderson Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Janus Henderson Group'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)
=-0.043/131.6000*131.6000
=-0.043

Current CPI (Mar. 2024) = 131.6000.

Janus Henderson Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201206 0.000 95.600 0.000
201212 0.000 97.300 0.000
201306 0.000 98.000 0.000
201312 0.000 99.200 0.000
201406 0.000 99.800 0.000
201412 0.000 99.900 0.000
201506 0.000 100.100 0.000
201512 0.000 100.400 0.000
201606 0.000 101.000 0.000
201609 0.000 101.500 0.000
201612 0.000 102.200 0.000
201703 0.611 102.700 0.783
201706 -0.100 103.500 -0.127
201709 0.787 104.300 0.993
201712 1.099 105.000 1.377
201803 0.280 105.100 0.351
201806 0.582 105.900 0.723
201809 1.227 106.600 1.515
201812 1.200 107.100 1.475
201903 -0.219 107.000 -0.269
201906 0.579 107.900 0.706
201909 0.875 108.400 1.062
201912 1.042 108.500 1.264
202003 0.163 108.600 0.198
202006 1.100 108.800 1.331
202009 1.001 109.200 1.206
202012 1.227 109.400 1.476
202103 0.141 109.700 0.169
202106 1.603 111.400 1.894
202109 1.875 112.400 2.195
202112 1.669 114.700 1.915
202203 -0.367 116.500 -0.415
202206 0.976 120.500 1.066
202209 1.362 122.300 1.466
202212 0.866 125.300 0.910
202303 -0.687 126.800 -0.713
202306 1.039 129.400 1.057
202309 1.336 130.100 1.351
202312 0.994 130.500 1.002
202403 -0.043 131.600 -0.043

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.


Janus Henderson Group  (NYSE:JHG) 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.


Janus Henderson Group Cyclically Adjusted Price-to-FCF Related Terms

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


Janus Henderson Group (Janus Henderson Group) Business Description

Traded in Other Exchanges
Address
201 Bishopsgate, London, GBR, EC2M 3AE
Janus Henderson Group provides investment management services to retail intermediary (54% of managed assets), self-directed (23%) and institutional (23%) clients. At the end of September, active equities (61%), fixed-income (21%), multi-asset (15%) and alternative (3%) investment platforms constituted the company's USD 308.3 billion in assets under management. Janus Henderson sources 59% of its managed assets from clients in North America, with customers from Europe, the Middle East, Africa, and Latin America (31%) and the Asia-Pacific region (10%) accounting for the remainder. Headquartered in London, JHG is dual-listed on the New York Stock Exchange and the Australian Securities Exchange.
Executives
Georgina Fogo officer: Chief Risk Officer 201 BISHOPSGATE, LONDON X0 EC2M3AE
Joshua D. Frank director 280 PARK AVE, 41ST FL, NEW YORK NY 10017
Leslie Seidman director 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Brennan A. Hughes officer: Chief Accounting Officer 151 DETROIT STREET, DENVER CO 80206
Anne Sheehan director THREE LIMITED PARKWAY, COLUMBUS OH 43230
Brian M Baldwin director 280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017
John M Cassaday director 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Alison A. Quirk director C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206
Ali Dibadj director, officer: CEO C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206
Trian Fund Management, L.p. 10 percent owner 280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017
Suzanne Cain officer: Global Head of Distribution 201 BISHOPSGATE, LONDON X0 EC2M3AE
Glenn S Schafer director 151 DETROIT STREET, DENVER CO 80206
Richard M Weil director, officer: Chief Executive Officer 151 DETROIT STREET, DENVER CO 80206
Edward P Garden director 223 SUNSET AVENUE, PALM BEACH FL 33480
Nelson Peltz director 223 SUNSET AVENUE, PALM BEACH FL 33480