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Colliers International Group (Colliers International Group) Cyclically Adjusted FCF per Share : $3.49 (As of Dec. 2023)


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What is Colliers International 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.

Colliers International Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.214. 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 $3.49 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Colliers International Group's average Cyclically Adjusted FCF Growth Rate was -6.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -0.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 11.20% 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 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 Colliers International Group was 26.50% per year. The lowest was -0.10% per year. And the median was 13.65% per year.

As of today (2024-04-30), Colliers International Group's current stock price is $104.02. Colliers International Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.49. Colliers International Group's Cyclically Adjusted Price-to-FCF of today is 29.81.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Colliers International Group was 37.61. The lowest was 12.07. And the median was 24.47.


Colliers International Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Colliers International 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.

Colliers International Group Cyclically Adjusted FCF per Share Chart

Colliers International 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 3.54 3.64 4.20 3.66 3.49

Colliers International 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 3.66 3.59 3.84 3.67 3.49

Competitive Comparison of Colliers International Group's Cyclically Adjusted FCF per Share

For the Real Estate Services subindustry, Colliers International 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.


Colliers International Group's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Colliers International Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Colliers International 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, Colliers International 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)
=0.214/125.4675*125.4675
=0.214

Current CPI (Dec. 2023) = 125.4675.

Colliers International Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -2.607 98.604 -3.317
201406 1.191 99.473 1.502
201409 1.618 99.394 2.042
201412 3.238 98.367 4.130
201503 -2.104 99.789 -2.645
201506 1.330 100.500 1.660
201509 1.689 100.421 2.110
201512 2.509 99.947 3.150
201603 -1.219 101.054 -1.514
201606 0.531 102.002 0.653
201609 1.499 101.765 1.848
201612 2.559 101.449 3.165
201703 -2.257 102.634 -2.759
201706 1.180 103.029 1.437
201709 2.030 103.345 2.465
201712 3.405 103.345 4.134
201803 -2.179 105.004 -2.604
201806 1.069 105.557 1.271
201809 2.269 105.636 2.695
201812 4.409 105.399 5.248
201903 -2.928 106.979 -3.434
201906 3.236 107.690 3.770
201909 1.977 107.611 2.305
201912 4.355 107.769 5.070
202003 -3.206 107.927 -3.727
202006 0.421 108.401 0.487
202009 4.226 108.164 4.902
202012 1.275 108.559 1.474
202103 -1.477 110.298 -1.680
202106 1.066 111.720 1.197
202109 4.037 112.905 4.486
202112 1.462 113.774 1.612
202203 -6.594 117.646 -7.032
202206 0.394 120.806 0.409
202209 1.335 120.648 1.388
202212 1.193 120.964 1.237
202303 -3.518 122.702 -3.597
202306 1.693 124.203 1.710
202309 0.480 125.230 0.481
202312 0.214 125.468 0.214

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


Colliers International Group  (NAS:CIGI) 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.

Colliers International Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=104.02/3.49
=29.81

* 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 Colliers International Group was 37.61. The lowest was 12.07. And the median was 24.47.


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.


Colliers International Group Cyclically Adjusted FCF per Share Related Terms

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


Colliers International Group (Colliers International Group) Business Description

Traded in Other Exchanges
Address
1140 Bay Street, Suite 4000, Toronto, ON, CAN, M5S 2B4
Colliers International Group Inc is a real estate services and investment management company. The company has operations in over 60 countries to provide advice and services to maximize the value of the property for real estate occupiers, owners, and investors. It offers services to investor, developers, and occupiers which includes source capital solutions, services for commercial and residential property developers, on a local, regional, national, and international basis, Infrastructure consulting, Design and Build, and Market research.
Executives
Spruce House Partnership Llc 10 percent owner 435 HUDSON STREET, 8TH FLOOR, NEW YORK NY 10014
Spruce House Partnership (qp) Lp 10 percent owner 435 HUDSON ST #804, NEW YORK NY 10014
Spruce House Partnership (ai) Lp 10 percent owner 435 HUDSON STREET, 8TH FLOOR, NEW YORK NY 10014
Spruce House Capital Llc 10 percent owner 435 HUDSON STREET, SUITE 804, NEW YORK NY 10014
Spruce House Investment Management Llc 10 percent owner 435 HUDSON STREET, 8TH FLOOR, NEW YORK NY 10014
Zachary Sternberg 10 percent owner 435 HUDSON STREET, SUITE 804, NEW YORK NY 10014
Benjamin Forester Stein 10 percent owner 435 HUDSON STREET, SUITE 804, NEW YORK NY 10014

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