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Corporate Resource Services (FRA:HTS1) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is Corporate Resource Services Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Corporate Resource Services Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Corporate Resource Services'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.

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Corporate Resource Services Cyclically Adjusted Price-to-FCF Chart

Corporate Resource Services Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep08 Sep09 Sep10 Sep11 Sep12 Dec13
Cyclically Adjusted Price-to-FCF
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Corporate Resource Services Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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Competitive Comparison of Corporate Resource Services's Cyclically Adjusted Price-to-FCF

For the Staffing & Employment Services subindustry, Corporate Resource Services'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.


Corporate Resource Services's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

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

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



Corporate Resource Services 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.

Corporate Resource Services's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2014 is calculated as:

For example, Corporate Resource Services's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2014 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2014 (Change)*Current CPI (Sep. 2014)
=-0.003/100.4278*100.4278
=-0.003

Current CPI (Sep. 2014) = 100.4278.

Corporate Resource Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200106 -72.292 75.100 -96.673
200109 59.407 75.227 79.308
200112 -2.355 74.552 -3.172
200203 -1.290 75.438 -1.717
200206 0.000 75.902 0.000
200209 0.060 76.366 0.079
200212 -0.194 76.324 -0.255
200303 -0.201 77.716 -0.260
200306 0.000 77.505 0.000
200309 0.770 78.138 0.990
200312 0.208 77.758 0.269
200403 0.008 79.066 0.010
200406 0.180 80.037 0.226
200803 0.000 90.090 0.000
200806 -0.003 92.320 -0.003
200809 0.003 92.307 0.003
200812 0.006 88.697 0.007
200903 0.002 89.744 0.002
200906 0.003 91.003 0.003
200909 0.002 91.120 0.002
200912 0.005 91.111 0.006
201003 -0.003 91.821 -0.003
201006 -0.004 91.962 -0.004
201009 0.014 92.162 0.015
201012 0.010 92.474 0.011
201103 -0.002 94.283 -0.002
201106 0.039 95.235 0.041
201109 -0.077 95.727 -0.081
201112 -0.014 95.213 -0.015
201203 0.000 96.783 0.000
201206 -0.012 96.819 -0.012
201209 -0.011 97.633 -0.011
201212 -0.006 96.871 -0.006
201303 -0.015 98.209 -0.015
201306 0.020 98.518 0.020
201309 0.009 98.790 0.009
201312 -0.027 98.326 -0.028
201403 0.009 99.695 0.009
201406 -0.033 100.560 -0.033
201409 -0.003 100.428 -0.003

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.


Corporate Resource Services  (FRA:HTS1) 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.


Corporate Resource Services Cyclically Adjusted Price-to-FCF Related Terms

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Corporate Resource Services (FRA:HTS1) Business Description

Traded in Other Exchanges
N/A
Address
160 Broadway, 13th Floor, New York, NY, USA, 10038
Corporate Resource Services Inc provides diversified technology staffing, recruiting and consulting services. It offers trained employees for Insurance, IT, Accounting, Science, Healthcare, Creative Services, Hospitality, Retail and Light Industrial Work.

Corporate Resource Services (FRA:HTS1) Headlines

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