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Ameriprise Financial (MEX:AMP) Cyclically Adjusted FCF per Share : MXN535.86 (As of Jun. 2024)


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What is Ameriprise Financial 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.

Ameriprise Financial's adjusted free cash flow per share for the three months ended in Jun. 2024 was MXN301.732. 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 MXN535.86 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Ameriprise Financial's average Cyclically Adjusted FCF Growth Rate was 23.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 20.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 22.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 19.20% 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 Ameriprise Financial was 24.20% per year. The lowest was 13.10% per year. And the median was 19.95% per year.

As of today (2024-10-31), Ameriprise Financial's current stock price is MXN9288.89. Ameriprise Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was MXN535.86. Ameriprise Financial's Cyclically Adjusted Price-to-FCF of today is 17.33.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ameriprise Financial was 27.13. The lowest was 5.91. And the median was 15.63.


Ameriprise Financial Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ameriprise Financial'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.

Ameriprise Financial Cyclically Adjusted FCF per Share Chart

Ameriprise Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 219.27 283.86 351.21 413.33 407.13

Ameriprise Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 426.68 407.13 448.44 535.86 -

Competitive Comparison of Ameriprise Financial's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, Ameriprise Financial'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.


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

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

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



Ameriprise Financial 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, Ameriprise Financial's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=301.732/132.5538*132.5538
=301.732

Current CPI (Jun. 2024) = 132.5538.

Ameriprise Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 108.691 100.428 143.460
201412 30.411 99.070 40.689
201503 71.267 99.621 94.826
201506 48.906 100.684 64.386
201509 30.429 100.392 40.178
201512 73.473 99.792 97.594
201603 58.038 100.470 76.571
201606 97.088 101.688 126.557
201609 55.394 101.861 72.085
201612 35.905 101.863 46.723
201703 -3.175 102.862 -4.091
201706 79.305 103.349 101.715
201709 45.545 104.136 57.974
201712 39.151 104.011 49.895
201803 -26.397 105.290 -33.232
201806 85.719 106.317 106.873
201809 71.883 106.507 89.463
201812 197.858 105.998 247.428
201903 19.523 107.251 24.129
201906 131.400 108.070 161.170
201909 203.878 108.329 249.469
201912 -39.584 108.420 -48.395
202003 889.634 108.902 1,082.853
202006 -40.787 108.767 -49.707
202009 157.591 109.815 190.223
202012 -170.365 109.897 -205.488
202103 -170.955 111.754 -202.773
202106 311.729 114.631 360.467
202109 140.070 115.734 160.426
202112 265.300 117.630 298.960
202203 62.543 121.301 68.345
202206 240.748 125.017 255.262
202209 237.382 125.227 251.272
202212 202.821 125.222 214.697
202303 166.322 127.348 173.121
202306 81.924 128.729 84.358
202309 142.311 129.860 145.264
202312 336.113 129.419 344.253
202403 220.860 131.776 222.163
202406 301.732 132.554 301.732

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


Ameriprise Financial  (MEX:AMP) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9288.89/535.86
=17.33

* 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 Ameriprise Financial was 27.13. The lowest was 5.91. And the median was 15.63.


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.


Ameriprise Financial Cyclically Adjusted FCF per Share Related Terms

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


Ameriprise Financial Business Description

Address
1099 Ameriprise Financial Center, Minneapolis, MN, USA, 55474
Ameriprise Financial is a major player in the us market for asset and wealth management, with around $1.4 trillion in total assets under management and administration at the end of 2023. With about 10,000 advisors, Ameriprise has one of the largest branded advisor networks in the industry. About 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and the exit of the sale of its proprietary fixed annuities in 2020.