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EZCORP (FRA:EZ2A) Cyclically Adjusted Price-to-FCF : 11.99 (As of Jun. 06, 2024)


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What is EZCORP Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), EZCORP's current share price is €9.35. EZCORP's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.78. EZCORP's Cyclically Adjusted Price-to-FCF for today is 11.99.

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

FRA:EZ2A' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.8   Med: 6.97   Max: 14.31
Current: 11.9

During the past years, EZCORP's highest Cyclically Adjusted Price-to-FCF was 14.31. The lowest was 1.80. And the median was 6.97.

FRA:EZ2A's Cyclically Adjusted Price-to-FCF is ranked worse than
58.1% of 105 companies
in the Credit Services industry
Industry Median: 9.61 vs FRA:EZ2A: 11.90

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.

EZCORP's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.095. 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 €0.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


EZCORP Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for EZCORP'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.

EZCORP Cyclically Adjusted Price-to-FCF Chart

EZCORP Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.49 4.00 7.04 7.96 9.06

EZCORP Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 9.97 9.27 9.06 9.66 13.01

Competitive Comparison of EZCORP's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, EZCORP'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.


EZCORP's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

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

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



EZCORP 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.35/0.78
=11.99

* 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.

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

For example, EZCORP'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)
=0.095/131.7762*131.7762
=0.095

Current CPI (Mar. 2024) = 131.7762.

EZCORP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.076 100.560 -0.100
201409 0.354 100.428 0.465
201412 -0.052 99.070 -0.069
201503 0.432 99.621 0.571
201506 0.106 100.684 0.139
201509 0.443 100.392 0.581
201512 -0.094 99.792 -0.124
201603 0.955 100.470 1.253
201606 -0.022 101.688 -0.029
201609 0.056 101.861 0.072
201612 -0.133 101.863 -0.172
201703 0.349 102.862 0.447
201706 0.130 103.349 0.166
201709 0.077 104.136 0.097
201712 0.147 104.011 0.186
201803 0.235 105.290 0.294
201806 0.133 106.317 0.165
201809 0.186 106.507 0.230
201812 0.280 105.998 0.348
201903 0.307 107.251 0.377
201906 0.058 108.070 0.071
201909 0.380 108.329 0.462
201912 -0.267 108.420 -0.325
202003 0.417 108.902 0.505
202006 0.425 108.767 0.515
202009 -0.230 109.815 -0.276
202012 -0.115 109.897 -0.138
202103 0.273 111.754 0.322
202106 0.121 114.631 0.139
202109 0.065 115.734 0.074
202112 0.044 117.630 0.049
202203 0.177 121.301 0.192
202206 0.118 125.017 0.124
202209 0.052 125.227 0.055
202212 0.051 125.222 0.054
202303 0.401 127.348 0.415
202306 0.193 128.729 0.198
202309 0.164 129.860 0.166
202312 0.151 129.419 0.154
202403 0.095 131.776 0.095

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.


EZCORP  (FRA:EZ2A) 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.


EZCORP Cyclically Adjusted Price-to-FCF Related Terms

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


EZCORP (FRA:EZ2A) Business Description

Industry
Traded in Other Exchanges
Address
2500 Bee Cave Road, Suite 200, Building One, Rollingwood, TX, USA, 78746
EZCORP Inc is a United States-based company engaged in offering pawn loans in the United States and Mexico. It also offers short-term unsecured loans and other consumer financial products, and buy and sell second-hand goods. The operating segments of the company are us Pawn, Latin America Pawn, and other international. us Pawn segment includes all pawn activities in the United States. Latin America Pawn segment includes all pawn activities in Mexico and other parts of Latin America. The company generates revenue from merchandise sales, jewelry scrapping sales, and pawn service charges, of which key revenue is derived from the merchandise sales which are primarily collateral forfeited from pawn lending operations and used merchandise purchased from the customers.

EZCORP (FRA:EZ2A) Headlines

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