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Spectrum Group International (Spectrum Group International) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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What is Spectrum Group International Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Spectrum Group International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Spectrum Group 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.

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Spectrum Group International Cyclically Adjusted Price-to-FCF Chart

Spectrum Group International Annual Data
Trend Jun02 Jun03 Jun04 Jun05 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Cyclically Adjusted Price-to-FCF
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Spectrum Group International Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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Competitive Comparison of Spectrum Group International's Cyclically Adjusted Price-to-FCF

For the Specialty Retail subindustry, Spectrum Group 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.


Spectrum Group International's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Spectrum Group International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Spectrum Group 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.

Spectrum Group International's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2013 is calculated as:

For example, Spectrum Group International's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2013 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2013 (Change)*Current CPI (Dec. 2013)
=-6002.333/98.3259*98.3259
=-6,002.333

Current CPI (Dec. 2013) = 98.3259.

Spectrum Group International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200212 322.000 76.324 414.825
200303 -741.000 77.716 -937.511
200306 -641.000 77.505 -813.198
200309 185.500 78.138 233.426
200312 200.333 77.758 253.323
200403 1,651.667 79.066 2,053.998
200406 -1,250.333 80.037 -1,536.051
200409 -3,157.000 80.121 -3,874.336
200412 7,603.667 80.290 9,311.759
200503 -198.000 81.555 -238.716
200506 9,095.333 82.062 10,897.994
200509 2,840.333 83.876 3,329.665
200512 3,172.667 83.032 3,757.050
200603 5,561.333 84.298 6,486.801
200709 -4,340.667 87.964 -4,851.974
200712 8,296.667 88.616 9,205.714
200803 -8,482.667 90.090 -9,258.171
200806 -650.000 92.320 -692.283
200809 1,416.000 92.307 1,508.332
200812 14,655.333 88.697 16,246.235
200903 -11,707.333 89.744 -12,826.835
200906 -2,784.333 91.003 -3,008.378
200909 3,295.333 91.120 3,555.948
200912 -2,814.667 91.111 -3,037.548
201003 12,032.000 91.821 12,884.414
201006 -8,414.667 91.962 -8,996.993
201009 -14,418.333 92.162 -15,382.698
201012 -3,568.000 92.474 -3,793.789
201103 -1,632.000 94.283 -1,701.979
201106 -8,713.333 95.235 -8,996.176
201109 19,213.667 95.727 19,735.321
201112 -11,705.333 95.213 -12,087.977
201203 -16,587.000 96.783 -16,851.445
201206 18,223.000 96.819 18,506.586
201209 25.000 97.633 25.177
201212 14,078.333 96.871 14,289.760
201303 -243.667 98.209 -243.956
201306 -16,339.667 98.518 -16,307.839
201309 4,743.333 98.790 4,721.050
201312 -6,002.333 98.326 -6,002.333

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.


Spectrum Group International  (OTCPK:SPGZ) 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.


Spectrum Group International Cyclically Adjusted Price-to-FCF Related Terms

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


Spectrum Group International (Spectrum Group International) Business Description

Traded in Other Exchanges
N/A
Address
1063 McGaw, Suite 250, Irvine, CA, USA, 92614
Spectrum Group International Inc is an auctioneer of stamps, coins, arms, armor and militaria, and other memorabilia, targeting both collectors and dealers. It operates in two segments: Trading and Collectibles.The Trading segment operates through A-Mar.
Executives
Gregory N Roberts director, 10 percent owner, officer: President and CEO 2625 ST ANDREWS, TUSTIN CA 92660
Carol Meltzer officer: General Counsel and EVP 775 PASSAIC AVE, WEST CALDWELL NJ 07006
Jeffrey D Benjamin director 9 WEST 57TH STREET, 43TH FLOOR, NEW YORK NY 10019
William A Richardson 10 percent owner 2880 LAS VEGAS BLVD SOUTH, LAS VEGAS NV 89109
William Montgomery director 767 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10153
Joel R Anderson director 202 NORTH COURT STREET, FLORENCE AL 35630
Ellis Landau director CO PINNACLE ENTERTAINMENT INC, 8918 SPANISH RIDGE AVENUE, LAS VEGAS NV 89148
Jess M Ravich director 11766 WILSHIRE BOULEVARD, SUITE 870, LOS ANGELES CA 90025
Silver Bow Ventures Llc 10 percent owner C/O SPECTRUM GROUP INTERNATIONAL, 1063 MCGAW, IRVINE CA 92614
Moorhead John director 5 FRANCIS J. CLARKE CIRCLE, BETHEL CT 06801
Nolan Christopher William Sr director 15 TILGHMAN DRIVE, WAYNE NJ 07470
Thor Gjerdrum officer: Chief Financial Officer & EVP 5 FRANCIS J. CLARKE CIRCLE, BETHEL CT 06801
Mark B Segall director 251 WEST 89TH STREET APT 20, NEW YORK NY 10024
Matthew M Walsh officer: CFO AND EXE. V.P. ALLERGAN, 5 GIRALDA FARMS, MADISON NJ 07940

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