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First Advantage (FRA:0MS) Cyclically Adjusted Price-to-FCF : 12.02 (As of May. 19, 2024)


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What is First Advantage Cyclically Adjusted Price-to-FCF?

As of today (2024-05-19), First Advantage's current share price is €14.90. First Advantage's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.24. First Advantage's Cyclically Adjusted Price-to-FCF for today is 12.02.

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

FRA:0MS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.72   Med: 9.13   Max: 13.58
Current: 11.96

During the past years, First Advantage's highest Cyclically Adjusted Price-to-FCF was 13.58. The lowest was 6.72. And the median was 9.13.

FRA:0MS's Cyclically Adjusted Price-to-FCF is ranked better than
63.26% of 362 companies
in the Business Services industry
Industry Median: 18.625 vs FRA:0MS: 11.96

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.

First Advantage's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.204. 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 €1.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Advantage Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for First Advantage'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.

First Advantage Cyclically Adjusted Price-to-FCF Chart

First Advantage Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 8.54 10.18

First Advantage Quarterly Data
Mar09 Jun09 Sep09 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.12 9.85 8.71 10.18 11.83

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

For the Specialty Business Services subindustry, First Advantage'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.


First Advantage's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, First Advantage's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



First Advantage 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.90/1.24
=12.02

* 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.

First Advantage's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, First Advantage's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.204/131.7762*131.7762
=0.204

Current CPI (Mar. 2024) = 131.7762.

First Advantage Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200403 0.024 79.066 0.040
200406 -0.007 80.037 -0.012
200409 0.377 80.121 0.620
200412 0.397 80.290 0.652
200503 0.060 81.555 0.097
200506 -0.062 82.062 -0.100
200509 0.419 83.876 0.658
200512 0.379 83.032 0.601
200603 0.236 84.298 0.369
200606 -0.077 85.606 -0.119
200609 0.417 85.606 0.642
200612 0.240 85.142 0.371
200703 0.196 86.640 0.298
200706 0.183 87.906 0.274
200709 0.345 87.964 0.517
200712 0.436 88.616 0.648
200803 -0.506 90.090 -0.740
200806 0.272 92.320 0.388
200809 0.360 92.307 0.514
200812 0.268 88.697 0.398
200903 0.090 89.744 0.132
200906 0.219 91.003 0.317
200909 0.161 91.120 0.233
201912 0.000 108.420 0.000
202006 0.000 108.767 0.000
202009 0.000 109.815 0.000
202012 0.000 109.897 0.000
202103 0.121 111.754 0.143
202106 0.160 114.631 0.184
202109 0.119 115.734 0.135
202112 0.341 117.630 0.382
202203 0.203 121.301 0.221
202206 0.292 125.017 0.308
202209 0.262 125.227 0.276
202212 0.401 125.222 0.422
202303 0.206 127.348 0.213
202306 0.166 128.729 0.170
202309 0.174 129.860 0.177
202312 0.312 129.419 0.318
202403 0.204 131.776 0.204

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.


First Advantage  (FRA:0MS) 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.


First Advantage Cyclically Adjusted Price-to-FCF Related Terms

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


First Advantage (FRA:0MS) Business Description

Traded in Other Exchanges
Address
1 Concourse Parkway Northeast, Suite 200, Atlanta, GA, USA, 30328
First Advantage Corp is a leading global provider of employment background screening and verification solutions. The company delivers innovative services and insights that help its customers manage risk and hire the best talent. The Company has two reportable segments, Americas and International. The Americas segment provides technology solutions for screening, verifications, safety, and compliance in the United States, Canada, and Latin America markets. and the International segment provides technology solutions for screening, verifications, safety, and compliance outside of the Americas.

First Advantage (FRA:0MS) Headlines

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