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ICSGlobal (ASX:ICS) Cyclically Adjusted Price-to-FCF : 27.38 (As of May. 21, 2024)


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What is ICSGlobal Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), ICSGlobal's current share price is A$2.19. ICSGlobal's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun22 was A$0.08. ICSGlobal's Cyclically Adjusted Price-to-FCF for today is 27.38.

The historical rank and industry rank for ICSGlobal's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ASX:ICS's Cyclically Adjusted Price-to-FCF is not ranked *
in the Diversified Financial Services industry.
Industry Median: 9.655
* Ranked among companies with meaningful Cyclically Adjusted Price-to-FCF only.

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.

ICSGlobal's adjusted free cash flow per share data of for the fiscal year that ended in Jun22 was A$-0.027. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is A$0.08 for the trailing ten years ended in Jun22.

Shiller PE for Stocks: The True Measure of Stock Valuation


ICSGlobal Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ICSGlobal'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.

ICSGlobal Cyclically Adjusted Price-to-FCF Chart

ICSGlobal Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 44.32 26.36 28.69 29.08

ICSGlobal Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Cyclically Adjusted Price-to-FCF 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 - 28.69 - 29.08 -

Competitive Comparison of ICSGlobal's Cyclically Adjusted Price-to-FCF

For the Shell Companies subindustry, ICSGlobal'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.


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

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

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



ICSGlobal 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.

ICSGlobal's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.19/0.08
=27.38

* 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.

ICSGlobal's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun22 is calculated as:

For example, ICSGlobal's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun22 (Change)*Current CPI (Jun22)
=-0.027/117.1117*117.1117
=-0.027

Current CPI (Jun22) = 117.1117.

ICSGlobal Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 0.051 95.473 0.063
201406 0.071 98.352 0.085
201506 0.100 99.838 0.117
201606 -0.009 100.859 -0.010
201706 0.049 102.809 0.056
201806 0.124 104.945 0.138
201906 0.086 106.617 0.094
202006 0.256 106.246 0.282
202106 -0.042 110.332 -0.045
202206 -0.027 117.112 -0.027

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.


ICSGlobal  (ASX:ICS) 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.


ICSGlobal Cyclically Adjusted Price-to-FCF Related Terms

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


ICSGlobal (ASX:ICS) Business Description

Traded in Other Exchanges
N/A
Address
C/- TCAP, 20 Bond Street, Suite 3.03, Sydney, NSW, AUS, 2000
ICSGlobal Ltd is an investment holding company. The company currently has no operation.

ICSGlobal (ASX:ICS) Headlines

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