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Korn Ferry (FRA:KFY) Cyclically Adjusted FCF per Share : €4.19 (As of Jan. 2025)


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What is Korn Ferry 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.

Korn Ferry's adjusted free cash flow per share for the three months ended in Jan. 2025 was €3.622. 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 €4.19 for the trailing ten years ended in Jan. 2025.

During the past 12 months, Korn Ferry's average Cyclically Adjusted FCF Growth Rate was 12.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 20.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 22.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 15.50% 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 Korn Ferry was 28.50% per year. The lowest was -10.80% per year. And the median was 15.50% per year.

As of today (2025-05-22), Korn Ferry's current stock price is €60.50. Korn Ferry's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2025 was €4.19. Korn Ferry's Cyclically Adjusted Price-to-FCF of today is 14.44.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Korn Ferry was 59.41. The lowest was 12.39. And the median was 24.59.


Korn Ferry Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Korn Ferry'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.

Korn Ferry Cyclically Adjusted FCF per Share Chart

Korn Ferry Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.92 1.96 3.17 3.45 3.88

Korn Ferry Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 3.54 3.88 3.62 3.75 4.19

Competitive Comparison of Korn Ferry's Cyclically Adjusted FCF per Share

For the Staffing & Employment Services subindustry, Korn Ferry'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.


Korn Ferry's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Korn Ferry's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Korn Ferry's Cyclically Adjusted Price-to-FCF falls into.


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Korn Ferry 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, Korn Ferry's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=3.622/134.0288*134.0288
=3.622

Current CPI (Jan. 2025) = 134.0288.

Korn Ferry Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201504 1.530 99.824 2.054
201507 -1.739 100.691 -2.315
201510 0.205 100.346 0.274
201601 0.836 99.957 1.121
201604 1.211 100.947 1.608
201607 -2.412 101.524 -3.184
201610 0.476 101.988 0.626
201701 1.543 102.456 2.018
201704 1.377 103.167 1.789
201707 -1.831 103.278 -2.376
201710 0.640 104.070 0.824
201801 1.544 104.578 1.979
201804 2.152 105.708 2.729
201807 -2.020 106.324 -2.546
201810 1.143 106.695 1.436
201901 1.898 106.200 2.395
201904 2.360 107.818 2.934
201907 -2.768 108.250 -3.427
201910 0.739 108.577 0.912
202001 2.512 108.841 3.093
202004 2.919 108.173 3.617
202007 -2.500 109.318 -3.065
202010 0.727 109.861 0.887
202101 2.150 110.364 2.611
202104 2.955 112.673 3.515
202107 -2.690 115.183 -3.130
202110 1.739 116.696 1.997
202201 4.137 118.619 4.674
202204 4.604 121.978 5.059
202207 -4.689 125.002 -5.028
202210 2.204 125.734 2.349
202301 3.145 126.223 3.339
202304 4.155 127.992 4.351
202307 -5.135 128.974 -5.336
202310 2.153 129.810 2.223
202401 2.722 130.124 2.804
202404 4.503 132.289 4.562
202407 -4.155 132.708 -4.196
202410 1.874 133.182 1.886
202501 3.622 134.029 3.622

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


Korn Ferry  (FRA:KFY) 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.

Korn Ferry's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=60.50/4.19
=14.44

* 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 Korn Ferry was 59.41. The lowest was 12.39. And the median was 24.59.


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.


Korn Ferry Cyclically Adjusted FCF per Share Related Terms

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


Korn Ferry Business Description

Industry
Traded in Other Exchanges
Address
1900 Avenue of the Stars, Suite 1500, Los Angeles, CA, USA, 90067
Korn Ferry is a United States-based firm engaged in organizational consulting and management recruitment that helps clients fill mid- to high-level management positions. The company's segment includes Consulting; Digital; Executive Search; Professional Search & Interim; and RPO. The company generates the majority of its revenue from the Executive Search segment and Consulting segment. The consulting segment aligns organizational structure, culture, performance, development, and people to drive sustainable growth by addressing four fundamental organizational and talent needs. The Executive search segment helps organizations recruit board-level, chief executive, and other C-suite/senior executive and general management talent to deliver lasting impact.