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Ameriprise Financial (Ameriprise Financial) Cyclically Adjusted FCF per Share : $25.26 (As of Dec. 2023)


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What is Ameriprise Financial Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Ameriprise Financial's adjusted free cash flow per share for the three months ended in Dec. 2023 was $19.801. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $25.26 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ameriprise Financial's average Cyclically Adjusted FCF Growth Rate was 19.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 20.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 22.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 19.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Ameriprise Financial was 24.20% per year. The lowest was 13.10% per year. And the median was 19.95% per year.

As of today (2024-04-27), Ameriprise Financial's current stock price is $410.01. Ameriprise Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $25.26. Ameriprise Financial's Cyclically Adjusted Price-to-FCF of today is 16.23.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ameriprise Financial was 29.05. The lowest was 5.91. And the median was 16.24.


Ameriprise Financial Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ameriprise Financial's Cyclically Adjusted FCF per Share 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.

Ameriprise Financial Cyclically Adjusted FCF per Share Chart

Ameriprise Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.48 14.37 17.11 21.15 25.26

Ameriprise Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 22.73 23.24 23.51 25.26 -

Competitive Comparison of Ameriprise Financial's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, Ameriprise Financial'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.


Ameriprise Financial's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



Ameriprise Financial Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Ameriprise Financial's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=19.801/129.4194*129.4194
=19.801

Current CPI (Dec. 2023) = 129.4194.

Ameriprise Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 2.079 99.695 2.699
201406 -0.459 100.560 -0.591
201409 8.095 100.428 10.432
201412 2.062 99.070 2.694
201503 4.675 99.621 6.073
201506 3.117 100.684 4.007
201509 1.801 100.392 2.322
201512 4.273 99.792 5.542
201603 3.372 100.470 4.344
201606 5.250 101.688 6.682
201609 2.865 101.861 3.640
201612 1.742 101.863 2.213
201703 -0.169 102.862 -0.213
201706 4.387 103.349 5.494
201709 2.510 104.136 3.119
201712 1.994 104.011 2.481
201803 -1.453 105.290 -1.786
201806 4.362 106.317 5.310
201809 3.843 106.507 4.670
201812 10.077 105.998 12.304
201903 1.006 107.251 1.214
201906 6.841 108.070 8.192
201909 10.327 108.329 12.338
201912 -2.099 108.420 -2.506
202003 37.941 108.902 45.089
202006 -1.767 108.767 -2.103
202009 7.134 109.815 8.408
202012 -8.564 109.897 -10.085
202103 -8.363 111.754 -9.685
202106 15.660 114.631 17.680
202109 6.812 115.734 7.617
202112 12.933 117.630 14.229
202203 3.141 121.301 3.351
202206 11.967 125.017 12.388
202209 11.801 125.227 12.196
202212 10.403 125.222 10.752
202303 9.227 127.348 9.377
202306 4.779 128.729 4.805
202309 8.170 129.860 8.142
202312 19.801 129.419 19.801

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Ameriprise Financial  (NYSE:AMP) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Ameriprise Financial's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=410.01/25.26
=16.23

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ameriprise Financial was 29.05. The lowest was 5.91. And the median was 16.24.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Ameriprise Financial Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Ameriprise Financial's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Ameriprise Financial (Ameriprise Financial) Business Description

Traded in Other Exchanges
Address
1099 Ameriprise Financial Center, Minneapolis, MN, USA, 55474
Ameriprise Financial has emerged is a major player in the U.S. market for asset and wealth management, with around $1.3 trillion in total assets under management and advisement at the end of the second quarter of 2023. Ameriprise has one of the largest branded advisor networks in the industry, and about 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and discontinuing the sale of its proprietary fixed annuities in 2020. Around 90% of the company's pretax earnings are from the United States.
Executives
Joseph Edward Sweeney officer: Pres - Fin Pln Prdcts and Serv AMERIPRISE FINANCIAL, INC., 707 SECOND AVENUE SOUTH, MINNEAPOLIS MN 55474
Walter Stanley Berman director, officer: Executive VP and CFO AMERIPRISE FINANCIAL, INC., 707 SECOND AVENUE SOUTH, MINNEAPOLIS MN 55474
James M Cracchiolo director, officer: Chairman and CEO
Gerard P. Smyth officer: EVP Technology and CIO 1099 AMERIPRISE FINANCIAL, MINNEAPOLIS MN 55474
Gumer Alvero officer: President-Insurance&Annuities GENERAL COUNSEL'S OFFICE, 1098 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
William F Truscott officer: Pres - U.S. Asset Mgmt, CIO AMERIPRISE FINANCIAL, INC., 50591 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Heather J. Melloh officer: EVP and General Counsel GENERAL COUNSEL'S OFFICE, 1098 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Dawn M. Brockman officer: Interim Controller and PAO GENERAL COUNSEL'S OFFICE, 1098 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Armando Jr Pimentel director C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD., JUNO BEACH FL 33408
Sharpe Robert Francis Jr director AMERIPRISE FINANCIAL, INC., 50591 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Karen Wilson Thissen officer: Executive VP and GC 1098 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
William Davies officer: Executive VP, Global CIO GENERAL COUNSEL'S OFFICE, 1098 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
John R. Hutt officer: Sr Vice Pres and Controller 1099 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
John Robert Woerner officer: Senior VP - Str Plan, Bus Dev AMERIPRISE FINANCIAL, INC., 707 SECOND AVENUE SOUTH, MINNEAPOLIS MN 55474
Moore Colin officer: EVP & Global CIO C/O PUTNAM LLC, ONE POST OFFICE SQ, BOSTON MA 02109