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Ironstone Group (Ironstone Group) Cyclically Adjusted FCF per Share : $-0.12 (As of Dec. 2022)


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What is Ironstone 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.

Ironstone Group's adjusted free cash flow per share for the three months ended in Dec. 2022 was $0.155. 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 $-0.12 for the trailing ten years ended in Dec. 2022.

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 (2024-05-24), Ironstone Group's current stock price is $4.50. Ironstone Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2022 was $-0.12. Ironstone Group's Cyclically Adjusted Price-to-FCF of today is .


Ironstone Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ironstone 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.

Ironstone Group Cyclically Adjusted FCF per Share Chart

Ironstone Group Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.11 -0.11 -0.10 -0.11 -0.12

Ironstone Group Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 -0.11 -0.11 -0.11 -0.14 -0.12

Competitive Comparison of Ironstone Group's Cyclically Adjusted FCF per Share

For the Conglomerates subindustry, Ironstone 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.


Ironstone Group's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Ironstone Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ironstone 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, Ironstone Group's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2022 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=0.155/125.2218*125.2218
=0.155

Current CPI (Dec. 2022) = 125.2218.

Ironstone Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200812 -0.026 88.697 -0.037
200903 -0.042 89.744 -0.059
200906 -0.026 91.003 -0.036
200909 -0.018 91.120 -0.025
200912 -0.019 91.111 -0.026
201003 -0.018 91.821 -0.025
201006 -0.018 91.962 -0.025
201009 -0.026 92.162 -0.035
201012 -0.016 92.474 -0.022
201103 -0.012 94.283 -0.016
201106 -0.032 95.235 -0.042
201109 -0.018 95.727 -0.024
201112 -0.020 95.213 -0.026
201203 -0.005 96.783 -0.006
201206 -0.006 96.819 -0.008
201209 -0.016 97.633 -0.021
201212 -0.009 96.871 -0.012
201303 -0.006 98.209 -0.008
201306 -0.013 98.518 -0.017
201309 -0.004 98.790 -0.005
201312 -0.059 98.326 -0.075
201403 -0.018 99.695 -0.023
201406 -0.011 100.560 -0.014
201409 -0.014 100.428 -0.017
201412 -0.010 99.070 -0.013
201503 -0.008 99.621 -0.010
201506 -0.011 100.684 -0.014
201509 -0.009 100.392 -0.011
202003 -0.003 108.902 -0.003
202006 0.130 108.767 0.150
202009 -0.136 109.815 -0.155
202012 -0.014 109.897 -0.016
202103 -0.005 111.754 -0.006
202106 -0.028 114.631 -0.031
202109 0.789 115.734 0.854
202112 -0.998 117.630 -1.062
202203 -0.038 121.301 -0.039
202206 -0.028 125.017 -0.028
202209 -0.417 125.227 -0.417
202212 0.155 125.222 0.155

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


Ironstone Group  (OTCPK:IRNS) 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.


Ironstone Group Cyclically Adjusted FCF per Share Related Terms

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


Ironstone Group (Ironstone Group) Business Description

Industry
Traded in Other Exchanges
N/A
Address
909 Montgomery Street, 3rd Floor, San Francisco, CA, USA, 94133
Ironstone Group Inc is engaged in funding and growing disruptive businesses.
Executives
Harold S Bradley director 11613 PAWNEE LANE, LEAWOOD KS 66211
Eugene Yates officer: CFO 8 NAVAJO CT, ALAMO CA 94507
Thomas Thurston director 909 MONTGOMERY STREET, 3RD FLOOR, SAN FRANCISCO CA 94133
Elizabeth Boyer Hambrecht officer: CFO 1356 GREENWICH STREET, SAN FRANCISCO CA 94109
William R Hambrecht director, 10 percent owner C/O ADOBE SUSTEMS INC, 345 PARK AVENUE P O BOX 2704, SAN JOSE CA 95110-2704
Hambrecht 1980 Revocable Trust 10 percent owner
Venture Associates Bvi Ltd 10 percent owner ONE BUSH ST, SAN FRANCISCO CA 94104
Amquist 10 percent owner ONE BUSH ST, SAN FRANCISCO CA 94104
H&q Ventures Iv 10 percent owner ONE BUSH STREET, SAN FRANCISCO CA 94104
Hambrecht & Quist California 10 percent owner ONE BUSH ST, SAN FRANCISCO CA 94104
J P Morgan Securities Inc 10 percent owner
Hambrecht & Quist Venture Partners 10 percent owner ONE BUSH STREET, SAN FRANCISCO CA 94104
Nicholas J Giordano director, officer: CEO/CFO 539 BRYANT ST, SUITE 100, SAN FRANCISCO CA 94107

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