CI Financial (CI Financial) 3-Year FCF Growth Rate : -0.80% (As of Dec. 2023)

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What is CI Financial 3-Year FCF Growth Rate?

CI Financial's Free Cash Flow per Share for the three months ended in Dec. 2023 was $0.24.

During the past 12 months, CI Financial's average Free Cash Flow per Share Growth Rate was -2.10% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -0.80% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 1.40% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 1.20% 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 average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of CI Financial was 48.80% per year. The lowest was -12.00% per year. And the median was 3.50% per year.

Competitive Comparison of CI Financial's 3-Year FCF Growth Rate

For the Asset Management subindustry, CI Financial's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate 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.

CI Financial's 3-Year FCF Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CI Financial's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where CI Financial's 3-Year FCF Growth Rate falls into.

CI Financial 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

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 average Free Cash Flow per Share growth rate.

CI Financial (OTCPK:CIXXF) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.

CI Financial 3-Year FCF Growth Rate Related Terms

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CI Financial (CI Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CI Financial Corp (OTCPK:CIXXF) » Definitions » 3-Year FCF Growth Rate

Comparable Companies

Traded in Other Exchanges

CF7:Germany CIX:Canada

Address

15 York Street, 2nd Floor, Legal Department, Toronto, ON, CAN, M5J 0A3

Website

https://www.cifinancial.com

CI Financial is a diversified provider of wealth management products and services, primarily in the Canadian market. The company had CAD 119.0 billion in core assets under management, another CAD 278.5 billion in wealth management assets under advisement, and CAD 23.4 billion in assets under custody at the end of September 2023, making it one of the largest nonbank affiliated asset managers in Canada. The company operates its fund business through CI Global Asset Management, which offers a broad selection of investment funds. On the wealth management side, the company operates through CI Assante Wealth Management, Aligned Capital Partners, CI Private Wealth, as well as a large group of acquired U.S.-based advisors, providing financial advice primarily to high-net-worth clients.