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Silvercrest Asset Management Group (Silvercrest Asset Management Group) Cyclically Adjusted FCF per Share : $3.09 (As of Dec. 2023)


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What is Silvercrest Asset Management 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.

Silvercrest Asset Management Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was $1.507. 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 $3.09 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Silvercrest Asset Management Group's average Cyclically Adjusted FCF Growth Rate was -7.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.30% 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 Silvercrest Asset Management Group was 3.30% per year. The lowest was 3.30% per year. And the median was 3.30% per year.

As of today (2024-04-28), Silvercrest Asset Management Group's current stock price is $15.10. Silvercrest Asset Management Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.09. Silvercrest Asset Management Group's Cyclically Adjusted Price-to-FCF of today is 4.89.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Silvercrest Asset Management Group was 7.34. The lowest was 4.73. And the median was 5.59.


Silvercrest Asset Management Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Silvercrest Asset Management 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.

Silvercrest Asset Management Group Cyclically Adjusted FCF per Share Chart

Silvercrest Asset Management 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 - 2.80 3.14 3.33 3.09

Silvercrest Asset Management 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 3.33 2.91 3.00 3.07 3.09

Competitive Comparison of Silvercrest Asset Management Group's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, Silvercrest Asset Management 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.


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

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

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



Silvercrest Asset Management 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, Silvercrest Asset Management 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)
=1.507/129.4194*129.4194
=1.507

Current CPI (Dec. 2023) = 129.4194.

Silvercrest Asset Management Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.576 99.695 -0.748
201406 0.860 100.560 1.107
201409 1.107 100.428 1.427
201412 1.178 99.070 1.539
201503 -1.339 99.621 -1.740
201506 1.102 100.684 1.417
201509 1.332 100.392 1.717
201512 0.899 99.792 1.166
201603 -1.334 100.470 -1.718
201606 0.940 101.688 1.196
201609 1.508 101.861 1.916
201612 1.020 101.863 1.296
201703 -1.403 102.862 -1.765
201706 1.453 103.349 1.820
201709 1.583 104.136 1.967
201712 1.902 104.011 2.367
201803 -1.869 105.290 -2.297
201806 1.699 106.317 2.068
201809 1.838 106.507 2.233
201812 1.550 105.998 1.892
201903 -2.483 107.251 -2.996
201906 1.195 108.070 1.431
201909 1.257 108.329 1.502
201912 1.597 108.420 1.906
202003 -1.627 108.902 -1.934
202006 1.103 108.767 1.312
202009 1.513 109.815 1.783
202012 1.730 109.897 2.037
202103 -1.629 111.754 -1.886
202106 1.787 114.631 2.018
202109 2.008 115.734 2.245
202112 2.298 117.630 2.528
202203 -2.385 121.301 -2.545
202206 1.688 125.017 1.747
202209 1.409 125.227 1.456
202212 1.599 125.222 1.653
202303 -2.775 127.348 -2.820
202306 1.482 128.729 1.490
202309 1.645 129.860 1.639
202312 1.507 129.419 1.507

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


Silvercrest Asset Management Group  (NAS:SAMG) 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.

Silvercrest Asset Management Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=15.10/3.09
=4.89

* 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 Silvercrest Asset Management Group was 7.34. The lowest was 4.73. And the median was 5.59.


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.


Silvercrest Asset Management Group Cyclically Adjusted FCF per Share Related Terms

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


Silvercrest Asset Management Group (Silvercrest Asset Management Group) Business Description

Traded in Other Exchanges
N/A
Address
1330 Avenue of the Americas, 38th Floor, New York, NY, USA, 10019
Silvercrest Asset Management Group Inc is a wealth management firm focused on providing financial advisory and related family office services to ultra-high net-worth individuals and institutional investors. It advises clients on traditional investment strategies focused on equities, fixed income and cash as well as non-traditional investment strategies including hedge funds, private equity funds, real estate and commodities. It also provides clients with family office services and related administrative services, which include financial planning, tax planning and preparation, partnership accounting and fund administration, and consolidated wealth reporting. The company derives revenues principally from assets under management.
Executives
Darla Romfo director C/O SILVERCREST ASSET MANAGEMENT GROUP, 1330 AVENUE OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
Brian D Dunn director SILVERCREST ASSET MANAGEMENT GROUP LLC, 1330 AVE. OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
Richard Jonathan Burns director SILVERCREST ASSET MANAGEMENT GROUP INC., 1330 AVENUE OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
Conrad Winthrop B Jr director 1120 FIFTH AVENUE APT 12B, NEW YORK NY 10128
Scott A Gerard officer: Chief Financial Officer C/O SILVERCREST ASSET MANAGEMENT GROUP, 1330 AVENUE OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
David J Campbell officer: General Counsel and Secretary 40 HAMILTON ROAD, GLEN RIDGE NJ 07028
Hough Richard R Iii director, officer: Chairman and CEO 327 BRANCH AVENUE, LITTLE SILVER NJ 07739
John Allen Gray officer: Managing Director SILVERCREST ASSET MANAGEMENT GROUP INC., 1330 AVENUE OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
Al Messina director C/O SILVERCREST ASSET MANAGEMENT INC., 1330 AVENUE OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
Marital Trust Under Article 7th Of The Will Of G. Moffett Cochran 10 percent owner SILVERCREST, 1330 AVENUE OF THE AMERICAS, 38TH FL., NEW YORK NY 10019
Cochran H C Stuart 10 percent owner 120 CHURCH STREET, STAUNTON VA 24401
Nonmarital Trust Under Article 8th Of The Will Of G. Moffett Cochran other: Member of Section 13(d) group SILVERCREST, 1330 AVE OF THE AMERICAS, 38TH FL., NEW YORK NY 10019
Hamilton E James 10 percent owner JEFFERSON RIVER CAPITAL, 499 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10022
Leo Price Blackford 10 percent owner C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Richard Scott Pechter director 1266 BELLAIRE LANE, ATLANTA GA 30319-5251