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Freedom Holding (FRA:DMW2) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is Freedom Holding Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Freedom Holding Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Freedom Holding'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.

Freedom Holding Cyclically Adjusted Price-to-FCF Chart

Freedom Holding Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.33 4.80 21.43 173.00 -

Freedom Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - - -

Competitive Comparison of Freedom Holding's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, Freedom Holding'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.


Freedom Holding's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Freedom Holding's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Freedom Holding 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.

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

For example, Freedom Holding'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)
=-0.595/129.4194*129.4194
=-0.595

Current CPI (Dec. 2023) = 129.4194.

Freedom Holding Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.001 99.070 0.001
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 -0.001 99.792 -0.001
201603 0.000 100.470 0.000
201606 0.007 101.688 0.009
201609 -0.006 101.861 -0.008
201612 -0.023 101.863 -0.029
201703 0.037 102.862 0.047
201706 0.015 103.349 0.019
201709 0.325 104.136 0.404
201712 -1.799 104.011 -2.238
201803 -0.389 105.290 -0.478
201806 0.014 106.317 0.017
201809 0.600 106.507 0.729
201812 0.000 105.998 0.000
201903 0.181 107.251 0.218
201906 1.715 108.070 2.054
201909 -0.814 108.329 -0.972
201912 0.068 108.420 0.081
202003 0.249 108.902 0.296
202006 10.470 108.767 12.458
202009 -5.727 109.815 -6.749
202012 4.341 109.897 5.112
202103 -1.087 111.754 -1.259
202106 -0.896 114.631 -1.012
202109 1.176 115.734 1.315
202112 -9.808 117.630 -10.791
202203 3.504 121.301 3.739
202206 -4.295 125.017 -4.446
202209 3.863 125.227 3.992
202212 -7.144 125.222 -7.383
202303 -7.811 127.348 -7.938
202306 -14.396 128.729 -14.473
202309 -7.053 129.860 -7.029
202312 -0.595 129.419 -0.595

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.


Freedom Holding  (FRA:DMW2) 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.


Freedom Holding Cyclically Adjusted Price-to-FCF Related Terms

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Freedom Holding (FRA:DMW2) Business Description

Traded in Other Exchanges
Address
No. 77-7 Al Farabi Avenue, Esentai Tower BC, Floor 7, Almaty, KAZ, 050040
Freedom Holding Corp is engaged in a broad range of activities in the securities industry, including retail securities brokerage, research, investment counseling, securities trading, market making, corporate investment banking, and underwriting services in Eurasia. It acts as a professional participant through its subsidiaries on the Kazakhstan Stock Exchange (KASE), Moscow Exchange (MOEX), Saint-Petersburg Exchange (SPB), the Ukrainian Exchange, the Uzbek Republican Currency Exchange (UZCE), and the Republican Stock Exchange of Tashkent (UZSE). Its geographical segments are Central Asia, Europe, the United States, and the Middle East/Caucasus, of which Europe accounts for the majority of its revenue.

Freedom Holding (FRA:DMW2) Headlines

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