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TAL Education Group (TAL Education Group) Cyclically Adjusted Price-to-FCF : 13.68 (As of Apr. 28, 2024)


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What is TAL Education Group Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), TAL Education Group's current share price is $13.41. TAL Education Group's Cyclically Adjusted FCF per Share for the quarter that ended in Nov. 2023 was $0.98. TAL Education Group's Cyclically Adjusted Price-to-FCF for today is 13.68.

The historical rank and industry rank for TAL Education Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TAL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.9   Med: 12.27   Max: 49.38
Current: 13.6

During the past years, TAL Education Group's highest Cyclically Adjusted Price-to-FCF was 49.38. The lowest was 2.90. And the median was 12.27.

TAL's Cyclically Adjusted Price-to-FCF is ranked worse than
52.24% of 67 companies
in the Education industry
Industry Median: 13.21 vs TAL: 13.60

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.

TAL Education Group's adjusted free cash flow per share data for the three months ended in Nov. 2023 was $0.412. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.98 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


TAL Education Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TAL Education Group's Cyclically Adjusted Price-to-FCF 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.

TAL Education Group Cyclically Adjusted Price-to-FCF Chart

TAL Education Group Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 37.65 50.22 - 6.67

TAL Education Group Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Cyclically Adjusted Price-to-FCF 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 5.10 6.67 5.28 7.52 12.77

Competitive Comparison of TAL Education Group's Cyclically Adjusted Price-to-FCF

For the Education & Training Services subindustry, TAL Education 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.


TAL Education Group's Cyclically Adjusted Price-to-FCF Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, TAL Education Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



TAL Education Group Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

TAL Education Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.41/0.98
=13.68

* 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.

TAL Education Group's Cyclically Adjusted FCF per Share for the quarter that ended in Nov. 2023 is calculated as:

For example, TAL Education Group's adjusted Free Cash Flow per Share data for the three months ended in Nov. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=0.412/114.6694*114.6694
=0.412

Current CPI (Nov. 2023) = 114.6694.

TAL Education Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201402 0.000 99.100 0.000
201405 0.000 98.300 0.000
201408 0.000 98.400 0.000
201411 0.000 98.600 0.000
201502 0.000 100.500 0.000
201505 0.000 99.500 0.000
201508 0.000 100.400 0.000
201511 0.000 100.100 0.000
201602 0.000 102.700 0.000
201605 0.000 101.600 0.000
201608 0.000 101.700 0.000
201611 0.000 102.400 0.000
201702 0.000 103.500 0.000
201705 0.000 103.300 0.000
201708 0.000 103.500 0.000
201711 0.000 104.200 0.000
201802 0.000 106.500 0.000
201805 0.000 104.900 0.000
201808 0.000 105.900 0.000
201811 0.000 106.400 0.000
201902 0.000 108.100 0.000
201905 0.961 107.800 1.022
201908 -0.453 108.900 -0.477
201911 1.512 111.200 1.559
202002 -0.642 113.700 -0.647
202005 1.269 110.400 1.318
202008 -0.090 111.500 -0.093
202011 1.393 110.700 1.443
202102 -0.985 113.219 -0.998
202105 0.000 112.215 0.000
202108 0.000 112.215 0.000
202111 0.000 113.442 0.000
202202 0.000 114.335 0.000
202205 -0.070 114.558 -0.070
202208 -0.004 115.004 -0.004
202211 0.151 115.227 0.150
202302 -0.064 115.450 -0.064
202305 0.198 114.781 0.198
202308 -0.070 115.116 -0.070
202311 0.412 114.669 0.412

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


TAL Education Group  (NYSE:TAL) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


TAL Education Group Cyclically Adjusted Price-to-FCF Related Terms

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TAL Education Group (TAL Education Group) Business Description

Address
Xiaoying West Street, 5th Floor, Tower B, Heying Center, Haidian District, Beijing, CHN, 100085
TAL Education Group is a smart learning solutions provider in China. K-9 academic afterschool tutoring used to account for the majority of TAL's revenue before the regulatory changes in 2021 that imposed a nonprofit requirement on the business. After spinning off its K-9 academic afterschool tutoring business, TAL realigned its focus toward enrichment learning, content solutions, and learning technology solutions.

TAL Education Group (TAL Education Group) Headlines

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