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SR Accord (XTAE:SRAC) Cyclically Adjusted FCF per Share : ₪-3.03 (As of Mar. 2024)


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What is SR Accord 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.

SR Accord's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₪3.320. 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 ₪-3.03 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-23), SR Accord's current stock price is ₪29.84. SR Accord's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₪-3.03. SR Accord's Cyclically Adjusted Price-to-FCF of today is .


SR Accord Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SR Accord'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.

SR Accord Cyclically Adjusted FCF per Share Chart

SR Accord Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
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SR Accord Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -3.03

Competitive Comparison of SR Accord's Cyclically Adjusted FCF per Share

For the Financial Conglomerates subindustry, SR Accord'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.


SR Accord's Cyclically Adjusted Price-to-FCF Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, SR Accord's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



SR Accord 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, SR Accord's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.32/131.7762*131.7762
=3.320

Current CPI (Mar. 2024) = 131.7762.

SR Accord Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.000 96.871 0.000
201312 0.000 98.326 0.000
201412 0.000 99.070 0.000
201503 -14.920 99.621 -19.736
201506 -2.650 100.684 -3.468
201509 1.354 100.392 1.777
201512 -5.883 99.792 -7.769
201603 -1.275 100.470 -1.672
201606 4.061 101.688 5.263
201609 1.024 101.861 1.325
201612 -0.564 101.863 -0.730
201703 -0.261 102.862 -0.334
201706 -0.172 103.349 -0.219
201709 0.002 104.136 0.003
201712 -1.785 104.011 -2.261
201803 -3.144 105.290 -3.935
201806 -0.247 106.317 -0.306
201809 -3.470 106.507 -4.293
201812 9.713 105.998 12.075
201903 1.401 107.251 1.721
201906 -6.931 108.070 -8.451
201909 -4.871 108.329 -5.925
201912 11.679 108.420 14.195
202003 -3.417 108.902 -4.135
202006 -1.272 108.767 -1.541
202009 4.205 109.815 5.046
202012 -12.514 109.897 -15.005
202103 3.220 111.754 3.797
202106 -1.824 114.631 -2.097
202109 -0.038 115.734 -0.043
202112 -3.318 117.630 -3.717
202203 -0.859 121.301 -0.933
202206 -0.905 125.017 -0.954
202209 -10.389 125.227 -10.932
202212 9.388 125.222 9.879
202303 -4.102 127.348 -4.245
202306 4.828 128.729 4.942
202309 3.763 129.860 3.819
202312 7.401 129.419 7.536
202403 3.320 131.776 3.320

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


SR Accord  (XTAE:SRAC) 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.


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.


SR Accord Cyclically Adjusted FCF per Share Related Terms

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


SR Accord (XTAE:SRAC) Business Description

Traded in Other Exchanges
N/A
Address
Platinum House, 21 Ha'arbaa Street, Tel Aviv, ISR, 64739
SR Accord Ltd provides financial services to multinational corporations, government agencies & private investors. It offers investment banking, underwriting, securities brokerage, venture capital, & asset management services, among others.

SR Accord (XTAE:SRAC) Headlines

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