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California First Leasing (California First Leasing) Cyclically Adjusted Price-to-FCF : (As of May. 01, 2024)


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What is California First Leasing Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


California First Leasing Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for California First Leasing'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.

California First Leasing Cyclically Adjusted Price-to-FCF Chart

California First Leasing 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 5.67 5.20 6.37 - -

California First Leasing Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 6.18 - - - -

Competitive Comparison of California First Leasing's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, California First Leasing'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.


California First Leasing's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

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

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



California First Leasing 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.

California First Leasing's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, California First Leasing's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/129.4194*129.4194
=0.000

Current CPI (Dec. 2023) = 129.4194.

California First Leasing Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201303 0.022 98.209 0.029
201306 -0.087 98.518 -0.114
201309 0.234 98.790 0.307
201312 0.013 98.326 0.017
201403 0.208 99.695 0.270
201406 0.163 100.560 0.210
201409 0.791 100.428 1.019
201412 -0.518 99.070 -0.677
201503 0.067 99.621 0.087
201506 0.154 100.684 0.198
201509 0.125 100.392 0.161
201512 0.023 99.792 0.030
201603 0.259 100.470 0.334
201606 0.530 101.688 0.675
201609 0.017 101.861 0.022
201612 0.035 101.863 0.044
201703 0.379 102.862 0.477
201706 3.879 103.349 4.857
201709 3.570 104.136 4.437
201712 2.849 104.011 3.545
201803 5.723 105.290 7.035
201806 0.082 106.317 0.100
201809 0.326 106.507 0.396
201812 0.708 105.998 0.864
201903 4.028 107.251 4.861
201906 0.430 108.070 0.515
201909 0.372 108.329 0.444
201912 1.397 108.420 1.668
202003 0.147 108.902 0.175
202006 0.268 108.767 0.319
202009 0.027 109.815 0.032
202012 -0.020 109.897 -0.024
202103 0.080 111.754 0.093
202106 -0.519 114.631 -0.586
202109 0.067 115.734 0.075
202112 0.091 117.630 0.100
202206 0.000 125.017 0.000
202212 0.000 125.222 0.000
202306 0.000 128.729 0.000
202312 0.000 129.419 0.000

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.


California First Leasing  (OTCPK:CFNB) 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.


California First Leasing Cyclically Adjusted Price-to-FCF Related Terms

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California First Leasing (California First Leasing) Business Description

Traded in Other Exchanges
N/A
Address
5000 Birch Street, Suite 500, Newport Beach, CA, USA, 92660
California First Leasing Corp focuses on leasing and financing capital assets, commercial loans secured by equipment and developing an investment portfolio of equity securities.
Executives
Michael H Lowry director
Robert Winton Kelley director 5000 BIRCH STREET, SUITE 500, NEWPORT BEACH CA 92660-8142
Robert A Hodgson officer: Sr. VP Tax & Accounting 18201 VON KARMAN AVE. #800, IRVINE CA 92612
Bedros Aharonyan officer: President, Cal First Natl Bank CALIFORNIA FIRST NATIONAL BANK, 18201 VON KARMAN AVENUE, IRVINE CA 92651
Michael L Mcclendon officer: SVP Credit of CalFirst Leasing CALIFORNIA FIRST LEASING CORPORATION, 18201 VON KARMAN AVENUE, IRVINE CA 92651
Glen T Tsuma director, 10 percent owner, officer: CHief Operating Officer 18201 VON KARMAN AVE, SUITE 800, IRVINE CA 92612
Danilo Cacciamatta director
Harris Ravine director 8475 GREENWOOD DRIVE, NIWOT CO 80503
S Leslie Jewett officer: Chief Financial Officer 18201 VON KARMAN AVENUE, IRVINE CA 92612
Patrick E Paddon director, 10 percent owner, officer: Chief Executive Officer 18201 VON KARMAN AVENUE, IRVINE CA 92612