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PROG Holdings (FRA:AZD) Cyclically Adjusted Price-to-FCF : 6.32 (As of Jun. 05, 2025)


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What is PROG Holdings Cyclically Adjusted Price-to-FCF?

As of today (2025-06-05), PROG Holdings's current share price is €25.60. PROG Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €4.05. PROG Holdings's Cyclically Adjusted Price-to-FCF for today is 6.32.

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

FRA:AZD' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.47   Med: 17.83   Max: 49.14
Current: 6.57

During the past years, PROG Holdings's highest Cyclically Adjusted Price-to-FCF was 49.14. The lowest was 3.47. And the median was 17.83.

FRA:AZD's Cyclically Adjusted Price-to-FCF is ranked better than
80.75% of 374 companies
in the Business Services industry
Industry Median: 16.41 vs FRA:AZD: 6.57

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.

PROG Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2025 was €4.597. 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 €4.05 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


PROG Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PROG Holdings'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.

PROG Holdings Cyclically Adjusted Price-to-FCF Chart

PROG Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.39 15.13 4.66 8.30 9.83

PROG Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 8.57 8.01 11.01 9.83 5.97

Competitive Comparison of PROG Holdings's Cyclically Adjusted Price-to-FCF

For the Rental & Leasing Services subindustry, PROG Holdings'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.


PROG Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

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

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


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PROG Holdings 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=25.60/4.05
=6.32

* 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.

PROG Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, PROG Holdings's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=4.597/134.9266*134.9266
=4.597

Current CPI (Mar. 2025) = 134.9266.

PROG Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.216 100.684 -0.289
201509 -0.264 100.392 -0.355
201512 -0.863 99.792 -1.167
201603 2.227 100.470 2.991
201606 1.372 101.688 1.820
201609 1.477 101.861 1.956
201612 -0.080 101.863 -0.106
201703 1.184 102.862 1.553
201706 -0.036 103.349 -0.047
201709 0.575 104.136 0.745
201712 -0.432 104.011 -0.560
201803 2.019 105.290 2.587
201806 0.661 106.317 0.839
201809 0.929 106.507 1.177
201812 -0.411 105.998 -0.523
201903 1.814 107.251 2.282
201906 0.716 108.070 0.894
201909 1.152 108.329 1.435
201912 -0.800 108.420 -0.996
202003 2.723 108.902 3.374
202006 1.614 108.767 2.002
202009 2.169 109.815 2.665
202012 -1.312 109.897 -1.611
202103 2.033 111.754 2.455
202106 0.849 114.631 0.999
202109 0.692 115.734 0.807
202112 -0.718 117.630 -0.824
202203 1.564 121.301 1.740
202206 0.970 125.017 1.047
202209 2.506 125.227 2.700
202212 -0.823 125.222 -0.887
202303 3.022 127.348 3.202
202306 0.891 128.729 0.934
202309 1.718 129.860 1.785
202312 -1.851 129.419 -1.930
202403 2.761 131.776 2.827
202406 1.137 132.554 1.157
202409 0.623 133.029 0.632
202412 -1.937 133.157 -1.963
202503 4.597 134.927 4.597

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.


PROG Holdings  (FRA:AZD) 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.


PROG Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


PROG Holdings Business Description

Industry
Traded in Other Exchanges
Address
256 West Data Drive, Draper, UT, USA, 84020-2315
PROG Holdings Inc is a financial technology holding company that provides transparent and competitive payment options to consumers. The company has two reportable segments: Progressive Leasing, an in-store, app-based, and e-commerce point-of-sale lease-to-own solutions provider; and Vive Financial (Vive), an omnichannel provider of second-look revolving credit products. The majority of the revenue of the company is earned through the Progressive Leasing segment.

PROG Holdings Headlines

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