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CG (The Carlyle Group) Cyclically Adjusted Price-to-FCF : 19.80 (As of Jan. 19, 2025)


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What is The Carlyle Group Cyclically Adjusted Price-to-FCF?

As of today (2025-01-19), The Carlyle Group's current share price is $55.24. The Carlyle Group's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was $2.79. The Carlyle Group's Cyclically Adjusted Price-to-FCF for today is 19.80.

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

CG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.7   Med: 2.37   Max: 19.81
Current: 19.81

During the past years, The Carlyle Group's highest Cyclically Adjusted Price-to-FCF was 19.81. The lowest was 0.70. And the median was 2.37.

CG's Cyclically Adjusted Price-to-FCF is ranked better than
50.72% of 487 companies
in the Asset Management industry
Industry Median: 19.69 vs CG: 19.81

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.

The Carlyle Group's adjusted free cash flow per share data for the three months ended in Sep. 2024 was $2.118. 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 $2.79 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Carlyle Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for The Carlyle 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.

The Carlyle Group Cyclically Adjusted Price-to-FCF Chart

The Carlyle Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 1.25 3.10 2.15 5.26

The Carlyle Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.83 5.26 8.24 11.96 15.45

Competitive Comparison of The Carlyle Group's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, The Carlyle 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.


The Carlyle Group's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



The Carlyle 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.

The Carlyle Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=55.24/2.79
=19.80

* 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.

The Carlyle Group's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, The Carlyle Group's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=2.118/133.0289*133.0289
=2.118

Current CPI (Sep. 2024) = 133.0289.

The Carlyle Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.605 99.070 2.155
201503 20.147 99.621 26.903
201506 5.856 100.684 7.737
201509 3.780 100.392 5.009
201512 -1.857 99.792 -2.475
201603 0.052 100.470 0.069
201606 -4.868 101.688 -6.368
201609 1.653 101.861 2.159
201612 -1.406 101.863 -1.836
201703 5.559 102.862 7.189
201706 -1.596 103.349 -2.054
201709 0.566 104.136 0.723
201712 -5.449 104.011 -6.969
201803 -0.245 105.290 -0.310
201806 -4.649 106.317 -5.817
201809 1.803 106.507 2.252
201812 -3.910 105.998 -4.907
201903 2.883 107.251 3.576
201906 -0.733 108.070 -0.902
201909 5.295 108.329 6.502
201912 -4.468 108.420 -5.482
202003 -0.744 108.902 -0.909
202006 0.444 108.767 0.543
202009 -0.132 109.815 -0.160
202012 -0.214 109.897 -0.259
202103 0.166 111.754 0.198
202106 1.430 114.631 1.660
202109 1.913 115.734 2.199
202112 1.307 117.630 1.478
202203 -2.761 121.301 -3.028
202206 -0.524 125.017 -0.558
202209 0.797 125.227 0.847
202212 -0.372 125.222 -0.395
202303 -0.343 127.348 -0.358
202306 -2.093 128.729 -2.163
202309 2.152 129.860 2.205
202312 0.657 129.419 0.675
202403 0.154 131.776 0.155
202406 -3.509 132.554 -3.522
202409 2.118 133.029 2.118

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.


The Carlyle Group  (NAS:CG) 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.


The Carlyle Group Cyclically Adjusted Price-to-FCF Related Terms

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


The Carlyle Group Business Description

Traded in Other Exchanges
Address
1001 Pennsylvania Avenue, NW, Washington, DC, USA, 20004-2505
The Carlyle Group is one of the world's largest alternative-asset managers, with $447.4 billion in total AUM, including $313.6 billion in fee-earning AUM, at the end of September 2024. The company has three core business segments: private equity, which includes private equity, real estate, infrastructure, and natural resources funds (accounting for 33% of fee-earning AUM and 57% of base management fees during 2023), global credit (51% and 27%) and investment solutions (16% and 16%). The firm primarily serves institutional investors and high-net-worth individuals. Carlyle operates through 29 offices across five continents, serving more than 2,900 active carry fund investors from 88 countries.
Executives
Daniel A. D'aniello director, 10 percent owner, officer: Founder, Chairman Emeritus C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Harvey M Schwartz director, officer: Chief Executive Officer C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
John C. Redett officer: Chief Financial Officer C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE NW, SUITE 220 S, WASHINGTON DC 20004
Jeffrey W. Ferguson officer: General Counsel C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Andrews Charles Elliott Jr. officer: Chief Accounting Officer 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004
Curtis L. Buser officer: Chief Financial Officer C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Christopher Finn officer: Chief Operating Officer C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Bruce M. Larson officer: Chief Human Resources Officer C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Sharda Cherwoo director 160 WEST 66TH STREET, APT. 45F, NEW YORK NY 10023
David M. Rubenstein director, 10 percent owner, officer: See Remarks C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004
Mark S Ordan director 7315 WISCONSIN AVENUE, SUITE #250 WEST, BETHESDA MD 20814
Linda Filler director 2200 PENNSYLVANIA AVE NW, SUITE 800W, WASHINGTON DC 20037
Kewsong Lee director, officer: Co-Chief Executive Officer C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Thomas S Robertson director 200 CLARENDON STREET, T-33, BOSTON MA 02116
Peter J Clare director, officer: Co-Chief Investment Officer