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Jordanian Mutual Funds Management Co (AMM:FUND) Cyclically Adjusted FCF per Share : JOD0.32 (As of Dec. 2023)


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What is Jordanian Mutual Funds Management Co 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.

Jordanian Mutual Funds Management Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was JOD0.016. 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 JOD0.32 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-06-06), Jordanian Mutual Funds Management Co's current stock price is JOD1.17. Jordanian Mutual Funds Management Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was JOD0.32. Jordanian Mutual Funds Management Co's Cyclically Adjusted Price-to-FCF of today is 3.66.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Jordanian Mutual Funds Management Co was 9.72. The lowest was 3.15. And the median was 4.97.


Jordanian Mutual Funds Management Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Jordanian Mutual Funds Management Co'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.

Jordanian Mutual Funds Management Co Cyclically Adjusted FCF per Share Chart

Jordanian Mutual Funds Management Co 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 - - - - 0.32

Jordanian Mutual Funds Management Co 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 - - - 0.39 0.32

Competitive Comparison of Jordanian Mutual Funds Management Co's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, Jordanian Mutual Funds Management Co'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.


Jordanian Mutual Funds Management Co's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where Jordanian Mutual Funds Management Co's Cyclically Adjusted Price-to-FCF falls into.



Jordanian Mutual Funds Management Co 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, Jordanian Mutual Funds Management Co'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)
=0.016/129.4194*129.4194
=0.016

Current CPI (Dec. 2023) = 129.4194.

Jordanian Mutual Funds Management Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.006 99.695 -0.008
201406 0.022 100.560 0.028
201409 0.006 100.428 0.008
201412 0.010 99.070 0.013
201503 -0.128 99.621 -0.166
201506 0.005 100.684 0.006
201509 -0.081 100.392 -0.104
201512 1.549 99.792 2.009
201603 -0.034 100.470 -0.044
201606 0.001 101.688 0.001
201609 -0.025 101.861 -0.032
201612 0.003 101.863 0.004
201703 -0.010 102.862 -0.013
201706 0.325 103.349 0.407
201709 0.004 104.136 0.005
201712 -0.001 104.011 -0.001
201803 -0.006 105.290 -0.007
201806 -0.006 106.317 -0.007
201809 -0.001 106.507 -0.001
201812 0.005 105.998 0.006
201903 -0.002 107.251 -0.002
201906 0.000 108.070 0.000
201909 0.000 108.329 0.000
201912 0.000 108.420 0.000
202003 0.000 108.902 0.000
202006 0.000 108.767 0.000
202009 0.000 109.815 0.000
202012 0.000 109.897 0.000
202103 0.000 111.754 0.000
202106 0.000 114.631 0.000
202109 0.000 115.734 0.000
202112 0.000 117.630 0.000
202203 0.001 121.301 0.001
202206 -0.016 125.017 -0.017
202209 0.015 125.227 0.016
202212 0.000 125.222 0.000
202303 0.000 127.348 0.000
202306 0.000 128.729 0.000
202309 -0.017 129.860 -0.017
202312 0.016 129.419 0.016

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


Jordanian Mutual Funds Management Co  (AMM:FUND) 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.

Jordanian Mutual Funds Management Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.17/0.32
=3.66

* 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 Jordanian Mutual Funds Management Co was 9.72. The lowest was 3.15. And the median was 4.97.


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.


Jordanian Mutual Funds Management Co Cyclically Adjusted FCF per Share Related Terms

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


Jordanian Mutual Funds Management Co (AMM:FUND) Business Description

Traded in Other Exchanges
N/A
Address
Airport Road, Madaba Bridge, P.O Box 921513, Rum Group for Transportation, Tourism Investment, Amman, JOR, 11192
Website
Jordanian Mutual Funds Management Co is a Jordan based fund management company. The company is engaged in establishing mutual funds, purchase and sales of shares and stocks for business purpose and managing investment funds.