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Federal Agricultural Mortgage (Federal Agricultural Mortgage) Cyclically Adjusted FCF per Share : $30.49 (As of Dec. 2023)


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What is Federal Agricultural Mortgage 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.

Federal Agricultural Mortgage's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-15.201. 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 $30.49 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Federal Agricultural Mortgage's average Cyclically Adjusted FCF Growth Rate was 2.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 29.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 37.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 44.40% 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 Federal Agricultural Mortgage was 134.70% per year. The lowest was -66.40% per year. And the median was 12.40% per year.

As of today (2024-04-30), Federal Agricultural Mortgage's current stock price is $189.60. Federal Agricultural Mortgage's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $30.49. Federal Agricultural Mortgage's Cyclically Adjusted Price-to-FCF of today is 6.22.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Federal Agricultural Mortgage was 107.77. The lowest was 1.22. And the median was 10.17.


Federal Agricultural Mortgage Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Federal Agricultural Mortgage'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.

Federal Agricultural Mortgage Cyclically Adjusted FCF per Share Chart

Federal Agricultural Mortgage 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 7.14 13.12 16.78 29.87 30.49

Federal Agricultural Mortgage 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 29.87 29.48 29.17 32.50 30.49

Competitive Comparison of Federal Agricultural Mortgage's Cyclically Adjusted FCF per Share

For the Credit Services subindustry, Federal Agricultural Mortgage'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.


Federal Agricultural Mortgage's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Federal Agricultural Mortgage's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Federal Agricultural Mortgage's Cyclically Adjusted Price-to-FCF falls into.



Federal Agricultural Mortgage 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, Federal Agricultural Mortgage'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)
=-15.201/129.4194*129.4194
=-15.201

Current CPI (Dec. 2023) = 129.4194.

Federal Agricultural Mortgage Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 8.166 99.695 10.601
201406 147.534 100.560 189.875
201409 5.441 100.428 7.012
201412 -147.137 99.070 -192.212
201503 7.858 99.621 10.208
201506 2.127 100.684 2.734
201509 4.618 100.392 5.953
201512 1.740 99.792 2.257
201603 4.854 100.470 6.253
201606 -1.370 101.688 -1.744
201609 7.697 101.861 9.779
201612 8.569 101.863 10.887
201703 9.519 102.862 11.977
201706 -1.117 103.349 -1.399
201709 6.169 104.136 7.667
201712 1.635 104.011 2.034
201803 10.970 105.290 13.484
201806 4.126 106.317 5.023
201809 8.383 106.507 10.186
201812 -4.853 105.998 -5.925
201903 1.718 107.251 2.073
201906 -11.067 108.070 -13.253
201909 -3.471 108.329 -4.147
201912 10.971 108.420 13.096
202003 -30.635 108.902 -36.407
202006 2.168 108.767 2.580
202009 7.560 109.815 8.910
202012 12.116 109.897 14.268
202103 36.768 111.754 42.580
202106 -8.491 114.631 -9.586
202109 11.755 115.734 13.145
202112 0.293 117.630 0.322
202203 24.736 121.301 26.392
202206 23.629 125.017 24.461
202209 16.576 125.227 17.131
202212 9.445 125.222 9.762
202303 5.547 127.348 5.637
202306 10.911 128.729 10.970
202309 33.186 129.860 33.074
202312 -15.201 129.419 -15.201

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


Federal Agricultural Mortgage  (NYSE:AGM) 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.

Federal Agricultural Mortgage's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=189.60/30.49
=6.22

* 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 Federal Agricultural Mortgage was 107.77. The lowest was 1.22. And the median was 10.17.


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.


Federal Agricultural Mortgage Cyclically Adjusted FCF per Share Related Terms

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


Federal Agricultural Mortgage (Federal Agricultural Mortgage) Business Description

Address
1999 K Street, North West, 4th Floor, Washington, DC, USA, 20006
Federal Agricultural Mortgage Corp provides agricultural real estate and rural housing mortgage loans in the secondary market in the U.S. Its operations consist of seven segments: Farm & Ranch, Corporate AgFinance, Rural Utilities, Renewable Energy, Funding, Investments, and Corporate. The company purchases eligible mortgage loans secured by first liens on agricultural real estate and rural housing under the Farm & Ranch line of business. Its subsidiary purchases the portions of certain agricultural, rural development, business and industry, and community facilities loans guaranteed by the USDA.
Executives
Chester J Culver director C/O FARMER MAC, 1999 K STREET NW, 4TH FLOOR, WASHINGTON DC 20006
Robert J Maines officer: SVP - Operations C/O BENEFICIAL BANCORP, INC., 1818 MARKET STREET, PHILADELPHIA PA 19103
Zachary Carpenter officer: Chief Business Officer C/O FARMER MAC, 1999 K STREET NW, FOURTH FL, WASHINGTON DC 20006
Charles A Stones director C/O FARMER MAC 1999 K STREET N.W., FOURTH FLOOR, WASHINGTON DC 20006
Stephen P Mullery officer: SVP - General Counsel C/O FARMER MAC, 1999 K STREET N.W., 4TH FLOOR, WASHINGTON DC 20006
Bradford T Nordholm officer: President and CEO C/O FARMER MAC 1999 K STREET N.W., FOURTH FLOOR, WASHINGTON DC 20006
Dennis L Brack director 1999 K STREET, NW, 4TH FLOOR, WASHINGTON, DC 20006
Brian M Brinch officer: SVP-Business Strategy C/O FARMER MAC, 1999 K STREET NW, FOURTH FLOOR, WASHINGTON DC 20006
Kerry T Willie officer: SVP - Chief HR Officer C/O FARMER MAC 1999 K STREET N.W., FOURTH FLOOR, WASHINGTON DC 20006
Everett M Dobrinski director C/O FARMER MAC, 1999 K STREET NW, FOURTH FL, WASHINGTON DC 20006
Sean Datcher officer: SVP- Chief Information Officer C/O FARMER MAC 1999 K STREET NW, 4TH FL, WASHINGTON DC 20006
Robert G Sexton director C/O FARMER MAC, 1999 K STREET NW, FOURTH FL, WASHINGTON DC 20006
Sara Louise Faivre-davis director C/O FARMER MAC, 1999 K STREET, NW, 4TH FLOOR, WASHINGTON DC 20006
James R Engebretsen director C/O FARMER MAC, 1999 K STREET, NW, 4TH FLOOR, WASHINGTON DC 20006
Roy H Tiarks director C/O FARMER MAC 1999 K STREET NW, 4TH FL, WASHINGTON DC 20006

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