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Canaccord Genuity Group (Canaccord Genuity Group) Cyclically Adjusted FCF per Share : $1.27 (As of Dec. 2023)


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What is Canaccord Genuity 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.

Canaccord Genuity Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was $1.579. 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 $1.27 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Canaccord Genuity Group's average Cyclically Adjusted FCF Growth Rate was 13.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 25.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 18.10% 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 Canaccord Genuity Group was 38.00% per year. The lowest was -7.20% per year. And the median was 4.90% per year.

As of today (2024-04-28), Canaccord Genuity Group's current stock price is $6.41. Canaccord Genuity Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.27. Canaccord Genuity Group's Cyclically Adjusted Price-to-FCF of today is 5.05.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Canaccord Genuity Group was 13.38. The lowest was 2.80. And the median was 6.42.


Canaccord Genuity Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Canaccord Genuity 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.

Canaccord Genuity Group Cyclically Adjusted FCF per Share Chart

Canaccord Genuity Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.65 1.25 1.76 1.34

Canaccord Genuity 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 1.10 1.34 1.17 1.10 1.27

Competitive Comparison of Canaccord Genuity Group's Cyclically Adjusted FCF per Share

For the Capital Markets subindustry, Canaccord Genuity 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.


Canaccord Genuity Group's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Canaccord Genuity Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Canaccord Genuity 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, Canaccord Genuity 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)
=1.579/125.4675*125.4675
=1.579

Current CPI (Dec. 2023) = 125.4675.

Canaccord Genuity Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.830 98.604 1.056
201406 -0.335 99.473 -0.423
201409 0.288 99.394 0.364
201412 0.806 98.367 1.028
201503 -0.262 99.789 -0.329
201506 1.282 100.500 1.600
201509 -1.111 100.421 -1.388
201512 1.133 99.947 1.422
201603 0.286 101.054 0.355
201606 -1.650 102.002 -2.030
201609 0.730 101.765 0.900
201612 1.059 101.449 1.310
201703 1.308 102.634 1.599
201706 -0.797 103.029 -0.971
201709 -0.026 103.345 -0.032
201712 0.520 103.345 0.631
201803 1.599 105.004 1.911
201806 -0.593 105.557 -0.705
201809 0.757 105.636 0.899
201812 0.458 105.399 0.545
201903 -0.342 106.979 -0.401
201906 -0.961 107.690 -1.120
201909 -0.460 107.611 -0.536
201912 0.854 107.769 0.994
202003 2.632 107.927 3.060
202006 -0.959 108.401 -1.110
202009 1.073 108.164 1.245
202012 2.478 108.559 2.864
202103 5.565 110.298 6.330
202106 -2.847 111.720 -3.197
202109 1.904 112.905 2.116
202112 1.706 113.774 1.881
202203 0.953 117.646 1.016
202206 -6.052 120.806 -6.286
202209 -0.394 120.648 -0.410
202212 -0.133 120.964 -0.138
202303 1.199 122.702 1.226
202306 -3.072 124.203 -3.103
202309 -0.761 125.230 -0.762
202312 1.579 125.468 1.579

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


Canaccord Genuity Group  (OTCPK:CCORF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.41/1.27
=5.05

* 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 Canaccord Genuity Group was 13.38. The lowest was 2.80. And the median was 6.42.


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.


Canaccord Genuity Group Cyclically Adjusted FCF per Share Related Terms

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


Canaccord Genuity Group (Canaccord Genuity Group) Business Description

Address
609 Granville Street, Suite 2200, Vancouver, BC, CAN, V7Y 1H2
Canaccord Genuity Group Inc is an independent, full-service financial services firm. The Company's segment reporting is based on the following operating segments: Canaccord Genuity Capital Markets, Canaccord Genuity Wealth Management, and Corporate and Other. The company is been driven by an unwavering commitment to building lasting client relationships. It achieves this by generating value for its individual, institutional and corporate clients through comprehensive investment solutions, brokerage services and investment banking services. The company has wealth management offices located in Canada, the UK, Guernsey, Jersey, the Isle of Man and Australia. Its international capital markets division operates in North America, UK and Europe, Asia, Australia and the Middle East.

Canaccord Genuity Group (Canaccord Genuity Group) Headlines