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Adecco Group AG (STU:ADI1) Cyclically Adjusted Price-to-FCF : (As of May. 28, 2024)


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What is Adecco Group AG Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adecco Group AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Adecco Group AG'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.

Adecco Group AG Cyclically Adjusted Price-to-FCF Chart

Adecco Group AG 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 16.32 15.32 11.53 7.58 10.41

Adecco Group AG 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 8.25 7.23 9.45 10.41 9.19

Competitive Comparison of Adecco Group AG's Cyclically Adjusted Price-to-FCF

For the Staffing & Employment Services subindustry, Adecco Group AG'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.


Adecco Group AG's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Adecco Group AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Adecco Group AG 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.

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

For example, Adecco Group AG'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)
=-0.553/107.3549*107.3549
=-0.553

Current CPI (Mar. 2024) = 107.3549.

Adecco Group AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.630 101.517 0.666
201409 1.409 101.247 1.494
201412 1.486 100.704 1.584
201503 0.196 100.339 0.210
201506 0.749 100.464 0.800
201509 1.554 99.785 1.672
201512 1.571 99.386 1.697
201603 -0.329 99.475 -0.355
201606 0.938 100.088 1.006
201609 1.167 99.604 1.258
201612 1.845 99.380 1.993
201703 0.581 100.040 0.623
201706 1.247 100.285 1.335
201709 0.954 100.254 1.022
201712 0.987 100.213 1.057
201803 -0.114 100.836 -0.121
201806 1.573 101.435 1.665
201809 0.784 101.246 0.831
201812 1.194 100.906 1.270
201903 0.817 101.571 0.864
201906 0.708 102.044 0.745
201909 0.844 101.396 0.894
201912 2.086 101.063 2.216
202003 0.185 101.048 0.197
202006 1.921 100.743 2.047
202009 0.680 100.585 0.726
202012 0.691 100.241 0.740
202103 0.550 100.800 0.586
202106 0.519 101.352 0.550
202109 1.219 101.533 1.289
202112 1.329 101.776 1.402
202203 0.102 103.205 0.106
202206 -0.783 104.783 -0.802
202209 0.293 104.835 0.300
202212 2.349 104.666 2.409
202303 -0.984 106.245 -0.994
202306 0.167 106.576 0.168
202309 1.481 106.570 1.492
202312 1.398 106.461 1.410
202403 -0.553 107.355 -0.553

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.


Adecco Group AG  (STU:ADI1) 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.


Adecco Group AG Cyclically Adjusted Price-to-FCF Related Terms

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Adecco Group AG (STU:ADI1) Business Description

Industry
Traded in Other Exchanges
Address
Bellerivestrasse 30, Zurich, CHE, CH-8008
Adecco Group AG is a provider of human capital solutions including Flexible placement, Permanent placement, Career Transition, Outsourcing, Consulting Services in engineering, Digital and IT, Talent services, Training, Up/ Re-skilling and Other services. It is organised into three business units Adecco, Akkodis and LHH. The company provides services to businesses and organisations located throughout Europe, North America, Asia Pacific, South America, and North Africa.

Adecco Group AG (STU:ADI1) Headlines

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