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Alaris Equity Partnersome Trust (TSX:AD.UN) Cyclically Adjusted FCF per Share : C$2.30 (As of Sep. 2024)


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What is Alaris Equity Partnersome Trust 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.

Alaris Equity Partnersome Trust's adjusted free cash flow per share for the three months ended in Sep. 2024 was C$0.226. 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 C$2.30 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Alaris Equity Partnersome Trust's average Cyclically Adjusted FCF Growth Rate was -1.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.40% 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 Alaris Equity Partnersome Trust was 10.60% per year. The lowest was 4.50% per year. And the median was 7.30% per year.

As of today (2024-12-11), Alaris Equity Partnersome Trust's current stock price is C$18.81. Alaris Equity Partnersome Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was C$2.30. Alaris Equity Partnersome Trust's Cyclically Adjusted Price-to-FCF of today is 8.18.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Alaris Equity Partnersome Trust was 22.82. The lowest was 4.35. And the median was 9.38.


Alaris Equity Partnersome Trust Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Alaris Equity Partnersome Trust'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.

Alaris Equity Partnersome Trust Cyclically Adjusted FCF per Share Chart

Alaris Equity Partnersome Trust 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 1.68 1.78 1.99 2.27 2.31

Alaris Equity Partnersome Trust 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 2.33 2.31 2.33 2.34 2.30

Competitive Comparison of Alaris Equity Partnersome Trust's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, Alaris Equity Partnersome Trust'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.


Alaris Equity Partnersome Trust's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where Alaris Equity Partnersome Trust's Cyclically Adjusted Price-to-FCF falls into.



Alaris Equity Partnersome Trust 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, Alaris Equity Partnersome Trust's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.226/127.2847*127.2847
=0.226

Current CPI (Sep. 2024) = 127.2847.

Alaris Equity Partnersome Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.430 98.367 0.556
201503 0.355 99.789 0.453
201506 0.330 100.500 0.418
201509 0.561 100.421 0.711
201512 0.345 99.947 0.439
201603 0.384 101.054 0.484
201606 0.334 102.002 0.417
201609 0.422 101.765 0.528
201612 0.859 101.449 1.078
201703 0.407 102.634 0.505
201706 0.407 103.029 0.503
201709 0.599 103.345 0.738
201712 0.414 103.345 0.510
201803 0.580 105.004 0.703
201806 0.618 105.557 0.745
201809 0.452 105.636 0.545
201812 0.480 105.399 0.580
201903 0.560 106.979 0.666
201906 0.444 107.690 0.525
201909 0.545 107.611 0.645
201912 0.478 107.769 0.565
202003 0.716 107.927 0.844
202006 0.377 108.401 0.443
202009 0.250 108.164 0.294
202012 0.589 108.559 0.691
202103 0.589 110.298 0.680
202106 0.409 111.720 0.466
202109 0.597 112.905 0.673
202112 0.558 113.774 0.624
202203 0.559 117.646 0.605
202206 0.993 120.806 1.046
202209 0.438 120.648 0.462
202212 1.074 120.964 1.130
202303 0.562 122.702 0.583
202306 0.211 124.203 0.216
202309 0.435 125.230 0.442
202312 0.497 125.072 0.506
202403 0.445 126.258 0.449
202406 0.357 127.522 0.356
202409 0.226 127.285 0.226

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


Alaris Equity Partnersome Trust  (TSX:AD.UN) 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.

Alaris Equity Partnersome Trust's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=18.81/2.3
=8.18

* 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 Alaris Equity Partnersome Trust was 22.82. The lowest was 4.35. And the median was 9.38.


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.


Alaris Equity Partnersome Trust Cyclically Adjusted FCF per Share Related Terms

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


Alaris Equity Partnersome Trust Business Description

Traded in Other Exchanges
Address
333 - 24th Avenue South West, Suite 250, Calgary, AB, CAN, T2S 3E6
Alaris Equity Partners Income Trust is an open-ended trust. The Trust, through its subsidiaries, indirectly provides alternative financing to private companies (Partners) in exchange for distributions with the principal objective of generating stable and predictable cash flows for payment of distributions to unitholders of the Trust. Distributions from the Partners are adjusted each year based on the percentage change of a top-line financial performance measure such as gross margin and same-store sales and rank in priority to the owner's common equity position.

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