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Pengana Capital Group (ASX:PCG) Cyclically Adjusted Price-to-FCF : 5.63 (As of May. 16, 2024)


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What is Pengana Capital Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Pengana Capital Group's current share price is A$0.90. Pengana Capital Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was A$0.16. Pengana Capital Group's Cyclically Adjusted Price-to-FCF for today is 5.63.

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

ASX:PCG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.84   Med: 7.94   Max: 16.64
Current: 5.68

During the past 13 years, Pengana Capital Group's highest Cyclically Adjusted Price-to-FCF was 16.64. The lowest was 3.84. And the median was 7.94.

ASX:PCG's Cyclically Adjusted Price-to-FCF is ranked better than
81.94% of 504 companies
in the Asset Management industry
Industry Median: 20.675 vs ASX:PCG: 5.68

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.

Pengana Capital Group's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was A$-0.006. 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$0.16 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pengana Capital Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pengana Capital 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.

Pengana Capital Group Cyclically Adjusted Price-to-FCF Chart

Pengana Capital Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.57 6.58 11.35 10.56 7.74

Pengana Capital Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 10.56 - 7.74 -

Competitive Comparison of Pengana Capital Group's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Pengana Capital 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.


Pengana Capital Group's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pengana Capital Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Pengana Capital 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.

Pengana Capital Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.90/0.16
=5.63

* 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.

Pengana Capital Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Pengana Capital Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.006/124.1700*124.1700
=-0.006

Current CPI (Jun23) = 124.1700.

Pengana Capital Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.111 98.352 0.140
201506 0.203 99.838 0.252
201606 0.094 100.859 0.116
201706 0.397 102.809 0.479
201806 0.084 104.945 0.099
201906 -0.016 106.617 -0.019
202006 0.076 106.246 0.089
202106 0.118 110.332 0.133
202206 0.251 117.112 0.266
202306 -0.006 124.170 -0.006

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.


Pengana Capital Group  (ASX:PCG) 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.


Pengana Capital Group Cyclically Adjusted Price-to-FCF Related Terms

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


Pengana Capital Group (ASX:PCG) Business Description

Traded in Other Exchanges
N/A
Address
Governor Phillip Tower, 1 Farrer Place, Suite 1, Level 27, Sydney, NSW, AUS, 2000
Pengana Capital Group Ltd is a diversified fund management group. Its principal activity of group is funds management with the objective of increasing investor wealth by developing, offering and managing investment funds in Australia and globally as opportunities arise.