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Invesco (LTS:0UAN) Cyclically Adjusted FCF per Share : $2.49 (As of Mar. 2025)


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What is Invesco 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.

Invesco's adjusted free cash flow per share for the three months ended in Mar. 2025 was $-0.238. 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 $2.49 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Invesco's average Cyclically Adjusted FCF Growth Rate was -3.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 5.80% 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 Invesco was 18.20% per year. The lowest was 1.40% per year. And the median was 6.40% per year.

As of today (2025-05-27), Invesco's current stock price is $14.345. Invesco's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $2.49. Invesco's Cyclically Adjusted Price-to-FCF of today is 5.76.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Invesco was 28.19. The lowest was 3.35. And the median was 9.91.


Invesco Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Invesco'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.

Invesco Cyclically Adjusted FCF per Share Chart

Invesco Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.30 2.34 2.36 2.44

Invesco Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.65 2.48 2.41 2.44 2.49

Competitive Comparison of Invesco's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, Invesco'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.


Invesco's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.238/134.9266*134.9266
=-0.238

Current CPI (Mar. 2025) = 134.9266.

Invesco Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 1.157 100.684 1.550
201509 0.142 100.392 0.191
201512 1.300 99.792 1.758
201603 -0.143 100.470 -0.192
201606 0.508 101.688 0.674
201609 0.829 101.861 1.098
201612 0.065 101.863 0.086
201703 0.251 102.862 0.329
201706 0.563 103.349 0.735
201709 0.894 104.136 1.158
201712 0.866 104.011 1.123
201803 -0.177 105.290 -0.227
201806 1.022 106.317 1.297
201809 0.587 106.507 0.744
201812 0.323 105.998 0.411
201903 -0.352 107.251 -0.443
201906 1.014 108.070 1.266
201909 0.632 108.329 0.787
201912 0.870 108.420 1.083
202003 -0.210 108.902 -0.260
202006 0.669 108.767 0.830
202009 0.810 109.815 0.995
202012 1.134 109.897 1.392
202103 -0.102 111.754 -0.123
202106 1.031 114.631 1.214
202109 1.234 115.734 1.439
202112 -0.085 117.630 -0.097
202203 -0.864 121.301 -0.961
202206 0.196 125.017 0.212
202209 0.934 125.227 1.006
202212 0.852 125.222 0.918
202303 -0.299 127.348 -0.317
202306 0.620 128.729 0.650
202309 0.695 129.860 0.722
202312 1.487 129.419 1.550
202403 -0.166 131.776 -0.170
202406 1.014 132.554 1.032
202409 0.900 133.029 0.913
202412 0.709 133.157 0.718
202503 -0.238 134.927 -0.238

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


Invesco  (LTS:0UAN) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=14.345/2.49
=5.76

* 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 Invesco was 28.19. The lowest was 3.35. And the median was 9.91.


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.


Invesco Cyclically Adjusted FCF per Share Related Terms

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


Invesco Business Description

Industry
Traded in Other Exchanges
Address
1331 Spring Street, Suite 2500, Atlanta, GA, USA, 30309
Invesco provides investment-management services to retail (68% of managed assets) and institutional (32%) clients. At the end of October 2024, the firm had $1.792 trillion in assets under management spread among its equity (58% of AUM), balanced (3%), fixed-income (22%), alternative investment (7%), and money market (10%) operations. Passive products account for 43% of Invesco's total AUM, including 65% of the company's equity operations and 15% of its fixed-income platform. Invesco's us retail business is one of the 10 largest nonproprietary fund complexes in the country. The firm also has a meaningful presence outside of North America, with 29% of its AUM sourced from Europe, Africa, and the Middle East (14%) and Asia (15%).

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