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Clairvest Group (Clairvest Group) Cyclically Adjusted FCF per Share : $1.35 (As of Dec. 2023)


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What is Clairvest 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.

Clairvest Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.172. 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 $1.35 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Clairvest Group's average Cyclically Adjusted FCF Growth Rate was -7.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 64.20% 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 Clairvest Group was 185.60% per year. The lowest was -74.70% per year. And the median was 9.20% per year.

As of today (2024-04-28), Clairvest Group's current stock price is $52.70. Clairvest Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.35. Clairvest Group's Cyclically Adjusted Price-to-FCF of today is 39.04.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Clairvest Group was 928.00. The lowest was 24.26. And the median was 42.29.


Clairvest Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Clairvest 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.

Clairvest Group Cyclically Adjusted FCF per Share Chart

Clairvest 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 1.23 1.10 0.93 1.67 1.42

Clairvest 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 1.57 1.42 0.91 1.68 1.35

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

For the Asset Management subindustry, Clairvest 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.


Clairvest Group's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



Clairvest 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, Clairvest 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)
=-0.172/125.4675*125.4675
=-0.172

Current CPI (Dec. 2023) = 125.4675.

Clairvest Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.864 98.604 -2.372
201406 1.225 99.473 1.545
201409 2.354 99.394 2.972
201412 -0.665 98.367 -0.848
201503 0.108 99.789 0.136
201506 -0.616 100.500 -0.769
201509 -2.186 100.421 -2.731
201512 2.471 99.947 3.102
201603 -1.341 101.054 -1.665
201606 0.025 102.002 0.031
201609 0.787 101.765 0.970
201612 -0.483 101.449 -0.597
201703 1.985 102.634 2.427
201706 -1.603 103.029 -1.952
201709 0.096 103.345 0.117
201712 1.039 103.345 1.261
201803 0.374 105.004 0.447
201806 1.256 105.557 1.493
201809 11.259 105.636 13.373
201812 -2.923 105.399 -3.480
201903 0.914 106.979 1.072
201906 -3.699 107.690 -4.310
201909 0.559 107.611 0.652
201912 -0.762 107.769 -0.887
202003 3.435 107.927 3.993
202006 -3.429 108.401 -3.969
202009 3.361 108.164 3.899
202012 1.150 108.559 1.329
202103 -1.095 110.298 -1.246
202106 3.406 111.720 3.825
202109 -2.682 112.905 -2.980
202112 -2.491 113.774 -2.747
202203 4.079 117.646 4.350
202206 -3.461 120.806 -3.595
202209 2.261 120.648 2.351
202212 2.622 120.964 2.720
202303 -0.898 122.702 -0.918
202306 -4.835 124.203 -4.884
202309 3.138 125.230 3.144
202312 -0.172 125.468 -0.172

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


Clairvest Group  (OTCPK:CVTGF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=52.70/1.35
=39.04

* 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 Clairvest Group was 928.00. The lowest was 24.26. And the median was 42.29.


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.


Clairvest Group Cyclically Adjusted FCF per Share Related Terms

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


Clairvest Group (Clairvest Group) Business Description

Traded in Other Exchanges
Address
22 St. Clair Avenue East, Suite 1700, Toronto, ON, CAN, M4T 2S3
Clairvest Group Inc is a Canadian private equity investment firm. The company invests in and partners with the management teams of business that have the potential to create average returns in their respective industries. Clairvest contributes financing and strategic expertise to support the growth and development of its investee companies in order to create realizable value for all shareholders. It invests its own capital into entrepreneurial corporations.

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