FE Investments Group (ASX:FEI) Cyclically Adjusted Price-to-FCF : (As of May. 17, 2024)

View and export this data going back to 2004. Start your Free Trial

What is FE Investments Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation

FE Investments Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for FE Investments Group's Cyclically Adjusted Price-to-FCF 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.

FE Investments Group Cyclically Adjusted Price-to-FCF Chart

FE Investments Group Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Mar18

Cyclically Adjusted Price-to-FCF

Get a 7-Day Free Trial

FE Investments Group Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Sep17	Mar18	Sep18	Mar19	Sep19
Cyclically Adjusted Price-to-FCF	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of FE Investments Group's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, FE Investments 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.

FE Investments Group's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

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

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

FE Investments Group Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

FE Investments Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar18 is calculated as:

For example, FE Investments Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar18 was:

Adj_FreeCashFlowPerShare	=	Free Cash Flow per Share	/	CPI of Mar18 (Change)	*	Current CPI (Mar18)
	=	-0.016	/	104.5739	*	104.5739
	=	-0.016

Current CPI (Mar18) = 104.5739.

FE Investments Group Annual Data

	Free Cash Flow per Share	CPI	Adj_FreeCashFlowPerShare
200806	-46.175	85.071	-56.761
200906	-12.557	86.278	-15.220
201006	-4.546	88.971	-5.343
201106	-0.955	92.129	-1.084
201206	-0.010	93.244	-0.011
201306	0.033	95.473	0.036
201406	-0.047	98.352	-0.050
201506	-1.278	99.838	-1.339
201606	-0.265	100.859	-0.275
201803	-0.016	104.574	-0.016

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

FE Investments Group (ASX:FEI) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.

FE Investments Group Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of FE Investments Group's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.

FE Investments Group (ASX:FEI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » FE Investments Group Ltd (ASX:FEI) » Definitions » Cyclically Adjusted Price-to-FCF

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Miller Street, Level 32, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.feigroup.com.au

FE Investments Group Ltd a financial services company. It is operating as a non-bank deposit taker with deposit-taking licence issued by the reserve bank of New Zealand. It is organized into two reporting segments, being Lending Products and Leasing. The Lending Products segment. The company's focus is the leasing of business equipment and technology products for the SME market. The company accepts deposits from the New Zealand public and lends to the SME sector in New Zealand and Australia. It provides financing facilities in the form of lease financing, term loans, working capital facilities, stock funding, trade finance and business micro-loans. Approximately, 98% of the company's revenue is generated in New Zealand.