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Colliers International Group (MEX:CIGI) Cyclically Adjusted FCF per Share : MXN63.69 (As of Jun. 2024)


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What is Colliers International 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.

Colliers International Group's adjusted free cash flow per share for the three months ended in Jun. 2024 was MXN46.712. 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 MXN63.69 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Colliers International Group's average Cyclically Adjusted FCF Growth Rate was 1.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 12.40% 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 Colliers International Group was 26.50% per year. The lowest was 5.70% per year. And the median was 13.65% per year.

As of today (2024-09-26), Colliers International Group's current stock price is MXN1707.00. Colliers International Group's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was MXN63.69. Colliers International Group's Cyclically Adjusted Price-to-FCF of today is 26.80.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Colliers International Group was 36.23. The lowest was 13.60. And the median was 25.13.


Colliers International Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Colliers International 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.

Colliers International Group Cyclically Adjusted FCF per Share Chart

Colliers International Group 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 - - - 94.06 55.71

Colliers International Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 73.70 72.75 55.71 56.29 63.69

Competitive Comparison of Colliers International Group's Cyclically Adjusted FCF per Share

For the Real Estate Services subindustry, Colliers International 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.


Colliers International Group's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Colliers International Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Colliers International 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, Colliers International Group'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)
=46.712/127.5217*127.5217
=46.712

Current CPI (Jun. 2024) = 127.5217.

Colliers International Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 21.721 99.394 27.868
201412 47.765 98.367 61.922
201503 -32.075 99.789 -40.989
201506 20.864 100.500 26.474
201509 28.542 100.421 36.245
201512 43.145 99.947 55.048
201603 -20.984 101.054 -26.480
201606 9.826 102.002 12.284
201609 28.979 101.765 36.314
201612 52.752 101.449 66.310
201703 -42.489 102.634 -52.792
201706 21.337 103.029 26.409
201709 36.838 103.345 45.456
201712 66.869 103.345 82.513
201803 -39.585 105.004 -48.074
201806 21.000 105.557 25.370
201809 42.449 105.636 51.244
201812 86.569 105.399 104.739
201903 -56.795 106.979 -67.701
201906 62.169 107.690 73.618
201909 39.032 107.611 46.254
201912 82.138 107.769 97.193
202003 -75.174 107.927 -88.822
202006 9.707 108.401 11.419
202009 93.353 108.164 110.060
202012 25.368 108.559 29.799
202103 -30.199 110.298 -34.915
202106 21.214 111.720 24.215
202109 83.011 112.905 93.758
202112 29.994 113.774 33.618
202203 -131.287 117.646 -142.308
202206 7.919 120.806 8.359
202209 26.861 120.648 28.391
202212 95.885 120.964 101.083
202303 -63.417 122.702 -65.908
202306 29.023 124.203 29.798
202309 8.354 125.230 8.507
202312 46.466 125.072 47.376
202403 -52.491 126.258 -53.017
202406 46.712 127.522 46.712

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


Colliers International Group  (MEX:CIGI) 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.

Colliers International Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1707.00/63.69
=26.80

* 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 Colliers International Group was 36.23. The lowest was 13.60. And the median was 25.13.


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.


Colliers International Group Cyclically Adjusted FCF per Share Related Terms

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


Colliers International Group Business Description

Traded in Other Exchanges
Address
1140 Bay Street, Suite 4000, Toronto, ON, CAN, M5S 2B4
Colliers International Group Inc is a real estate services and investment management company. The company has operations in over 60 countries to provide advice and services to maximize the value of the property for real estate occupiers, owners, and investors. It offers services to investor, developers, and occupiers which includes source capital solutions, services for commercial and residential property developers, on a local, regional, national, and international basis, Infrastructure consulting, Design and Build, and Market research.

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