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SLR Investment (SLR Investment) Cyclically Adjusted FCF per Share : $-0.52 (As of Dec. 2023)


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What is SLR Investment 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.

SLR Investment's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.701. 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 $-0.52 for the trailing ten years ended in Dec. 2023.

During the past 12 months, SLR Investment's average Cyclically Adjusted FCF Growth Rate was -127.10% 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 SLR Investment was 15.70% per year. The lowest was -3.70% per year. And the median was 6.00% per year.

As of today (2024-05-01), SLR Investment's current stock price is $15.36. SLR Investment's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-0.52. SLR Investment's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SLR Investment was 33.17. The lowest was 7.01. And the median was 17.06.


SLR Investment Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SLR Investment'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.

SLR Investment Cyclically Adjusted FCF per Share Chart

SLR Investment 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 1.24 1.01 0.75 1.92 -0.52

SLR Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.92 1.94 1.64 0.97 -0.52

Competitive Comparison of SLR Investment's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, SLR Investment'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.


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

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

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



SLR Investment 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, SLR Investment's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.701/129.4194*129.4194
=0.701

Current CPI (Dec. 2023) = 129.4194.

SLR Investment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 2.252 99.695 2.923
201406 2.029 100.560 2.611
201409 -2.923 100.428 -3.767
201412 2.239 99.070 2.925
201503 -0.557 99.621 -0.724
201506 -1.905 100.684 -2.449
201509 -3.003 100.392 -3.871
201512 -6.261 99.792 -8.120
201603 -0.024 100.470 -0.031
201606 -5.581 101.688 -7.103
201609 7.036 101.861 8.940
201612 2.076 101.863 2.638
201703 3.408 102.862 4.288
201706 1.671 103.349 2.093
201709 -8.416 104.136 -10.459
201712 -2.419 104.011 -3.010
201803 0.161 105.290 0.198
201806 3.983 106.317 4.849
201809 -0.280 106.507 -0.340
201812 0.656 105.998 0.801
201903 -1.203 107.251 -1.452
201906 0.084 108.070 0.101
201909 -0.686 108.329 -0.820
201912 6.247 108.420 7.457
202003 3.294 108.902 3.915
202006 2.354 108.767 2.801
202009 0.861 109.815 1.015
202012 -7.962 109.897 -9.376
202103 -1.128 111.754 -1.306
202106 3.982 114.631 4.496
202109 -0.902 115.734 -1.009
202112 -5.149 117.630 -5.665
202203 7.199 121.301 7.681
202206 -4.109 125.017 -4.254
202209 -4.161 125.227 -4.300
202212 4.378 125.222 4.525
202303 0.174 127.348 0.177
202306 -3.006 128.729 -3.022
202309 0.722 129.860 0.720
202312 0.701 129.419 0.701

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


SLR Investment  (NAS:SLRC) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SLR Investment was 33.17. The lowest was 7.01. And the median was 17.06.


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.


SLR Investment Cyclically Adjusted FCF per Share Related Terms

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


SLR Investment (SLR Investment) Business Description

Traded in Other Exchanges
Address
500 Park Avenue, New York, NY, USA, 10022
SLR Investment Corp is a closed-end investment company that has elected to be treated as a business development company. It provides U.S. middle market businesses and intermediaries with bespoke debt financing solutions to fund working capital, acquisition, refinancing and growth capital requirements.
Executives
Michael S Gross director, officer: See Remarks C/O SOLAR CAPITAL LTD., 500 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Roberts Andrea Colvin director 500 PARK AVENUE, NEW YORK NY 10022
Guy Talarico officer: Chief Compliance Officer 590 MADISON AVENUE, 15TH FLOOR, NEW YORK NY 10022
Shiraz Kajee officer: CFO, Treasurer & Secretary 500 PARK AVENUE, NEW YORK NY 10022
Bruce J Spohler director, officer: See Remarks
Steven Hochberg director 560 WHITE PLAINS ROAD, TARRYTOWN NY 10591
Leonard Potter director C/O SOLAR CAPITAL LLC, 500 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Richard Peteka officer: See Remarks CITIGROUP ASSET MANAGEMENT, 300 FIRST STAMFORD PLACE 4TH FL, STAMFORD CT 06902
David Wachter director W. CAPITAL PARTNERS, ONE EAST 52ND STREET, NEW YORK NY 10022
Brian Gerson officer: Executive Vice President C/O SOLAR CAPITAL LTD., 500 PARK AVENUE, NEW YORK NY 10022
Nicholas Radesca officer: Chief Financial Officer & Sec C/O SOLAR CAPITAL LLC, 500 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022