GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » ITT Educational Services Inc (OTCPK:ESINQ) » Definitions » Cyclically Adjusted FCF per Share

ITT Educational Services (ITT Educational Services) Cyclically Adjusted FCF per Share : $0.00 (As of Jun. 2016)


View and export this data going back to 1994. Start your Free Trial

What is ITT Educational Services 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.

ITT Educational Services's adjusted free cash flow per share for the three months ended in Jun. 2016 was $-0.292. 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 $0.00 for the trailing ten years ended in Jun. 2016.

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 (2024-06-16), ITT Educational Services's current stock price is $0.0001. ITT Educational Services's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2016 was $0.00. ITT Educational Services's Cyclically Adjusted Price-to-FCF of today is .


ITT Educational Services Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ITT Educational Services'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.

ITT Educational Services Cyclically Adjusted FCF per Share Chart

ITT Educational Services Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

ITT Educational Services Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 - - - - -

Competitive Comparison of ITT Educational Services's Cyclically Adjusted FCF per Share

For the Education & Training Services subindustry, ITT Educational Services'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.


ITT Educational Services's Cyclically Adjusted Price-to-FCF Distribution in the Education Industry

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

* The bar in red indicates where ITT Educational Services's Cyclically Adjusted Price-to-FCF falls into.



ITT Educational Services 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, ITT Educational Services's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2016 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=-0.292/101.6881*101.6881
=-0.292

Current CPI (Jun. 2016) = 101.6881.

ITT Educational Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200609 1.027 85.606 1.220
200612 1.187 85.142 1.418
200703 0.888 86.640 1.042
200706 0.157 87.906 0.182
200709 1.129 87.964 1.305
200712 1.514 88.616 1.737
200803 1.778 90.090 2.007
200806 -1.537 92.320 -1.693
200809 1.296 92.307 1.428
200812 1.956 88.697 2.242
200903 1.425 89.744 1.615
200906 0.345 91.003 0.386
200909 1.864 91.120 2.080
200912 3.661 91.111 4.086
201003 4.310 91.821 4.773
201006 2.264 91.962 2.503
201009 3.243 92.162 3.578
201012 6.048 92.474 6.651
201103 6.036 94.283 6.510
201106 1.875 95.235 2.002
201109 1.469 95.727 1.560
201112 3.364 95.213 3.593
201203 1.222 96.783 1.284
201206 -1.921 96.819 -2.018
201209 0.754 97.633 0.785
201212 3.657 96.871 3.839
201303 -1.942 98.209 -2.011
201306 0.275 98.518 0.284
201309 2.134 98.790 2.197
201312 2.609 98.326 2.698
201403 1.485 99.695 1.515
201406 0.870 100.560 0.880
201409 1.322 100.428 1.339
201412 1.835 99.070 1.883
201503 1.371 99.621 1.399
201506 -0.131 100.684 -0.132
201509 0.751 100.392 0.761
201512 0.909 99.792 0.926
201603 0.487 100.470 0.493
201606 -0.292 101.688 -0.292

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


ITT Educational Services  (OTCPK:ESINQ) 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.


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.


ITT Educational Services Cyclically Adjusted FCF per Share Related Terms

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


ITT Educational Services (ITT Educational Services) Business Description

Traded in Other Exchanges
N/A
Address
13000 North Meridian Street, Carmel, IN, USA, 46032-1404
ITT Educational Services Inc is a United States based proprietary provider of postsecondary degree programs in the United States based on revenue and student enrollment. The company provides technology-oriented undergraduate and graduate degree programs through its accredited postsecondary institutions, ITT Technical Institutes and Daniel Webster College, to help students develop skills and knowledge that can be used to pursue career opportunities in a variety of fields.
Executives
Tarasi Rocco F Iii officer: EVP, Chief Financial Officer C/O ITT EDUCATIONAL SERVICES INC, 13000 NORTH MERIDIAN STREET, CARMEL IN 46032
June M Mccormack officer: EVP & President Online Div 13000 NORTH MERIDIAN STREET, CARMEL IN 46032
Brown C David Ii director 3000 GALLERIA TOWER, STE 1000, BIRMINGHAM AL 35244
Thomas I Morgan director 30541 CARNEY CREEK ROAD, BIGFORK MT 59911
Joanna T Lau director 30 MONUMENT SQUARE, SUITE 220, CONCORD MA 01742
Ryan L Roney officer: EVP,Chief Admin&Legal Officer 1541 REYNOLDS ROAD, CHARLOTTE MI 48813
Richard C Blum & Associates Inc 10 percent owner 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133
Blum Capital Partners Lp 10 percent owner 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133
Blum Strategic Gp Iii, L.l.c. 10 percent owner 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133
Blum Strategic Gp Iv, L.l.c. 10 percent owner 909 MONTOGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133
Saddlepoint Partners Gp, L.l.c. 10 percent owner 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133
Jeffrey R Cooper officer: SVP, Chief Compliance Officer 231 N. MARTINGALE ROAD, SCHAUMBURG IL 60173
Blum Strategic Gp Ii Llc 10 percent owner 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133
Rand V Araskog director -, 125 WORTH AVENUE, SUITE 300, PALM BEACH FL 33480
Richard C Blum 10 percent owner BLUM CAPITAL PARTNERS, LP, 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133

ITT Educational Services (ITT Educational Services) Headlines

From GuruFocus

ITT Tech Shuts Its Doors Amid Investigation

By Sydnee Gatewood Sydnee Gatewood 09-06-2016

More Legal Woes, ITT Educational Services (ESI) at 52-Week Low

By Sally Jones Sally Jones 04-08-2013

Shorting For Profit Education - Subprime Goes to College

By CanadianValue CanadianValue 09-28-2010

QUICK TAKE: ITT EDUCATIONAL SERVICES INC (ESI)

By guruek Steve Alexander 11-24-2009

Controversy Stricken Steven Cohen Adds One and Increases One

By Monica Wolfe Monica Wolfe 06-07-2013