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Close Brothers Group (STU:CS3) Cyclically Adjusted FCF per Share : €1.14 (As of Jul. 2024)


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What is Close Brothers 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.

Close Brothers Group's adjusted free cash flow per share data for the fiscal year that ended in Jul. 2024 was €-3.374. 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 €1.14 for the trailing ten years ended in Jul. 2024.

During the past 12 months, Close Brothers Group's average Cyclically Adjusted FCF Growth Rate was -34.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 6.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 21.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 3.10% 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 Close Brothers Group was 52.10% per year. The lowest was -38.10% per year. And the median was 6.60% per year.

As of today (2024-12-14), Close Brothers Group's current stock price is € 2.74. Close Brothers Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jul. 2024 was €1.14. Close Brothers Group's Cyclically Adjusted Price-to-FCF of today is 2.40.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Close Brothers Group was 71.74. The lowest was 2.01. And the median was 16.22.


Close Brothers Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Close Brothers 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.

Close Brothers Group Cyclically Adjusted FCF per Share Chart

Close Brothers Group Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.68 1.09 1.71 1.14

Close Brothers Group Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 1.09 - 1.71 - 1.14

Competitive Comparison of Close Brothers Group's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Close Brothers 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.


Close Brothers Group's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Close Brothers Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Close Brothers 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, Close Brothers Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jul. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Jul. 2024 (Change)*Current CPI (Jul. 2024)
=-3.374/132.9000*132.9000
=-3.374

Current CPI (Jul. 2024) = 132.9000.

Close Brothers Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201507 -0.490 100.000 -0.651
201607 -0.429 100.900 -0.565
201707 0.600 103.500 0.770
201807 1.949 105.900 2.446
201907 -0.196 108.000 -0.241
202007 2.779 109.200 3.382
202107 0.481 111.400 0.574
202207 0.787 121.200 0.863
202307 7.472 129.000 7.698
202407 -3.374 132.900 -3.374

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


Close Brothers Group  (STU:CS3) 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.

Close Brothers Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.74/1.14
=2.40

* 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 Close Brothers Group was 71.74. The lowest was 2.01. And the median was 16.22.


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.


Close Brothers Group Cyclically Adjusted FCF per Share Related Terms

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


Close Brothers Group Business Description

Industry
Traded in Other Exchanges
Address
10 Crown Place, London, GBR, EC2A 4FT
Close Brothers Group PLC is a merchant banking group providing lending, deposit solutions, wealth management services, and securities trading. The company mostly provides services to small businesses and individuals in the United Kingdom. The operating segments of the company are Commercial, Retail, Property, Asset Management, and Securities. The company derives the maximum of its income from the Commercial segment.

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