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PNPFF (Pinetree Capital) Cyclically Adjusted FCF per Share : $2.14 (As of Mar. 2025)


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What is Pinetree Capital 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.

Pinetree Capital's adjusted free cash flow per share for the three months ended in Mar. 2025 was $-0.070. 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 $2.14 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Pinetree Capital's average Cyclically Adjusted FCF Growth Rate was -12.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 0.50% 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 Pinetree Capital was 41.80% per year. The lowest was -59.20% per year. And the median was 0.50% per year.

As of today (2025-05-16), Pinetree Capital's current stock price is $12.7076. Pinetree Capital's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $2.14. Pinetree Capital's Cyclically Adjusted Price-to-FCF of today is 5.94.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Pinetree Capital was 8.46. The lowest was 0.57. And the median was 1.16.


Pinetree Capital Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Pinetree Capital'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.

Pinetree Capital Cyclically Adjusted FCF per Share Chart

Pinetree Capital 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 -2.83 3.82 3.33 2.76 3.23

Pinetree Capital 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 2.74 3.10 3.34 3.23 2.14

Competitive Comparison of Pinetree Capital's Cyclically Adjusted FCF per Share

For the Capital Markets subindustry, Pinetree Capital'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.


Pinetree Capital's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Pinetree Capital's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Pinetree Capital 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, Pinetree Capital'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)
=-0.07/128.7859*128.7859
=-0.070

Current CPI (Mar. 2025) = 128.7859.

Pinetree Capital Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 10.518 100.500 13.478
201509 6.081 100.421 7.799
201512 4.084 99.947 5.262
201603 0.898 101.054 1.144
201606 0.247 102.002 0.312
201609 -0.167 101.765 -0.211
201612 0.870 101.449 1.104
201703 0.063 102.634 0.079
201706 -0.066 103.029 -0.083
201709 -0.617 103.345 -0.769
201712 -0.260 103.345 -0.324
201803 -0.127 105.004 -0.156
201806 -0.002 105.557 -0.002
201809 0.054 105.636 0.066
201812 0.027 105.399 0.033
201903 -0.010 106.979 -0.012
201906 -0.076 107.690 -0.091
201909 -0.066 107.611 -0.079
201912 -0.008 107.769 -0.010
202003 -0.243 107.927 -0.290
202006 -0.055 108.401 -0.065
202009 -0.086 108.164 -0.102
202012 -0.325 108.559 -0.386
202103 -0.321 110.298 -0.375
202106 -0.720 111.720 -0.830
202109 0.074 112.905 0.084
202112 -0.304 113.774 -0.344
202203 0.032 117.646 0.035
202206 -0.415 120.806 -0.442
202209 -0.286 120.648 -0.305
202212 0.337 120.964 0.359
202303 0.093 122.702 0.098
202306 -0.149 124.203 -0.154
202309 -0.213 125.230 -0.219
202312 -0.040 125.072 -0.041
202403 -0.087 126.258 -0.089
202406 0.132 127.522 0.133
202409 0.092 127.285 0.093
202412 0.089 127.364 0.090
202503 -0.070 128.786 -0.070

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


Pinetree Capital  (OTCPK:PNPFF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12.7076/2.14
=5.94

* 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 Pinetree Capital was 8.46. The lowest was 0.57. And the median was 1.16.


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.


Pinetree Capital Cyclically Adjusted FCF per Share Related Terms

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


Pinetree Capital Business Description

Traded in Other Exchanges
Address
49 Leuty Avenue, Toronto, ON, CAN, M4E 2R2
Pinetree Capital Ltd is an investment and merchant banking company. It is engaged in the small-cap market with early stage investments in resource and technology components. The company has a single reportable geographic segment, Canada. Pinetree's investment portfolio consists of investments, cash, cash equivalents and cash due from brokers.