GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » B.P. Marsh & Partners PLC (LSE:BPM) » Definitions » Cyclically Adjusted FCF per Share

B.P. Marsh & Partners (LSE:BPM) Cyclically Adjusted FCF per Share : £0.07 (As of Jul. 2024)


View and export this data going back to 2015. Start your Free Trial

What is B.P. Marsh & Partners 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.

B.P. Marsh & Partners's adjusted free cash flow per share data for the fiscal year that ended in Jan. 2024 was £0.829. 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 £0.07 for the trailing ten years ended in Jan. 2024.

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 B.P. Marsh & Partners was 41.50% per year. The lowest was 9.10% per year. And the median was 25.30% per year.

As of today (2024-12-15), B.P. Marsh & Partners's current stock price is £ 7.375. B.P. Marsh & Partners's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jan. 2024 was £0.07. B.P. Marsh & Partners's Cyclically Adjusted Price-to-FCF of today is 105.36.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of B.P. Marsh & Partners was 112.62. The lowest was 59.43. And the median was 74.31.


B.P. Marsh & Partners Cyclically Adjusted FCF per Share Historical Data

The historical data trend for B.P. Marsh & Partners'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.

B.P. Marsh & Partners Cyclically Adjusted FCF per Share Chart

B.P. Marsh & Partners Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.05 -0.03 -0.01 0.07

B.P. Marsh & Partners Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 - -0.01 - 0.07 -

Competitive Comparison of B.P. Marsh & Partners's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, B.P. Marsh & Partners'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.


B.P. Marsh & Partners's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, B.P. Marsh & Partners's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where B.P. Marsh & Partners's Cyclically Adjusted Price-to-FCF falls into.



B.P. Marsh & Partners 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, B.P. Marsh & Partners's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.829/130.0000*130.0000
=0.829

Current CPI (Jan. 2024) = 130.0000.

B.P. Marsh & Partners Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201501 0.008 99.200 0.010
201601 -0.057 99.900 -0.074
201701 0.267 101.800 0.341
201801 -0.220 104.500 -0.274
201901 -0.369 106.400 -0.451
202001 -0.136 108.300 -0.163
202101 -0.002 109.300 -0.002
202201 0.272 114.600 0.309
202301 0.125 124.800 0.130
202401 0.829 130.000 0.829

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


B.P. Marsh & Partners  (LSE:BPM) 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.

B.P. Marsh & Partners's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=7.375/0.07
=105.36

* 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 B.P. Marsh & Partners was 112.62. The lowest was 59.43. And the median was 74.31.


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.


B.P. Marsh & Partners Cyclically Adjusted FCF per Share Related Terms

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


B.P. Marsh & Partners Business Description

Traded in Other Exchanges
N/A
Address
4 Matthew Parker Street, 5th Floor, London, GBR, SW1H 9NP
B.P. Marsh & Partners PLC is a specialist venture capital/private equity investor in early-stage financial services intermediary businesses, including insurance intermediaries, financial advisors, wealth and fund managers, and specialist advisory and consultancy firms. The Company operates in one business segment, provision of consultancy services to, as well as making and trading investments in financial services businesses. It considers investment opportunities based in the United Kingdom, Europe, North America and internationally.

B.P. Marsh & Partners Headlines

No Headlines