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Altus Group (Altus Group) Cyclically Adjusted FCF per Share : $1.10 (As of Dec. 2023)


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What is Altus Group 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.

Altus Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.651. 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 $1.10 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Altus Group's average Cyclically Adjusted FCF Growth Rate was 0.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 6.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.70% 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 Altus Group was 10.80% per year. The lowest was 2.30% per year. And the median was 6.30% per year.

As of today (2024-04-29), Altus Group's current stock price is $37.925. Altus Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.10. Altus Group's Cyclically Adjusted Price-to-FCF of today is 34.48.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Altus Group was 54.18. The lowest was 18.67. And the median was 32.95.


Altus Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Altus Group'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.

Altus Group Cyclically Adjusted FCF per Share Chart

Altus Group 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 0.82 0.95 1.01 1.01 1.10

Altus Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.01 0.97 1.02 1.06 1.10

Competitive Comparison of Altus Group's Cyclically Adjusted FCF per Share

For the Real Estate Services subindustry, Altus 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.


Altus Group's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Altus Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Altus Group 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, Altus Group'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)
=0.651/125.4675*125.4675
=0.651

Current CPI (Dec. 2023) = 125.4675.

Altus Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.063 98.604 -0.080
201406 0.596 99.473 0.752
201409 0.328 99.394 0.414
201412 0.288 98.367 0.367
201503 0.034 99.789 0.043
201506 0.323 100.500 0.403
201509 0.159 100.421 0.199
201512 0.255 99.947 0.320
201603 0.237 101.054 0.294
201606 0.387 102.002 0.476
201609 0.359 101.765 0.443
201612 0.248 101.449 0.307
201703 -0.042 102.634 -0.051
201706 0.266 103.029 0.324
201709 0.392 103.345 0.476
201712 0.303 103.345 0.368
201803 -0.173 105.004 -0.207
201806 0.161 105.557 0.191
201809 0.513 105.636 0.609
201812 0.219 105.399 0.261
201903 -0.181 106.979 -0.212
201906 0.229 107.690 0.267
201909 0.394 107.611 0.459
201912 0.425 107.769 0.495
202003 -0.305 107.927 -0.355
202006 0.528 108.401 0.611
202009 0.525 108.164 0.609
202012 0.585 108.559 0.676
202103 0.044 110.298 0.050
202106 0.654 111.720 0.734
202109 0.058 112.905 0.064
202112 0.115 113.774 0.127
202203 -0.174 117.646 -0.186
202206 0.446 120.806 0.463
202209 0.287 120.648 0.298
202212 0.312 120.964 0.324
202303 -0.559 122.702 -0.572
202306 0.314 124.203 0.317
202309 0.549 125.230 0.550
202312 0.651 125.468 0.651

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


Altus Group  (OTCPK:ASGTF) 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.

Altus Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=37.925/1.1
=34.48

* 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 Altus Group was 54.18. The lowest was 18.67. And the median was 32.95.


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.


Altus Group Cyclically Adjusted FCF per Share Related Terms

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


Altus Group (Altus Group) Business Description

Industry
Traded in Other Exchanges
Address
33 Yonge Street, Suite 500, Toronto, ON, CAN, M5E 1G4
Altus Group Ltd operates in the Canadian real estate sector. Its services can be summed up as advisory services, software and data solutions to the property and real estate industry. The company has three reportable segments namely Property Tax, Analytics; and under CRE Consulting services, and Appraisals and Development Advisory. It generates maximum revenue from the Analytics; and under CRE Consulting services segment. A part of its revenue is also derived from the United States, Europe, and the Asia Pacific.

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