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Korn Ferry (FRA:KFY) Cyclically Adjusted Price-to-FCF : 17.09 (As of Jun. 01, 2024)


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What is Korn Ferry Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Korn Ferry's current share price is €60.50. Korn Ferry's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was €3.54. Korn Ferry's Cyclically Adjusted Price-to-FCF for today is 17.09.

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

FRA:KFY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.39   Med: 25.21   Max: 59.41
Current: 17.32

During the past years, Korn Ferry's highest Cyclically Adjusted Price-to-FCF was 59.41. The lowest was 12.39. And the median was 25.21.

FRA:KFY's Cyclically Adjusted Price-to-FCF is ranked better than
51.92% of 364 companies
in the Business Services industry
Industry Median: 18.125 vs FRA:KFY: 17.32

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.

Korn Ferry's adjusted free cash flow per share data for the three months ended in Jan. 2024 was €2.722. 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 €3.54 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Korn Ferry Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Korn Ferry'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.

Korn Ferry Cyclically Adjusted Price-to-FCF Chart

Korn Ferry Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.63 14.20 28.80 18.80 12.53

Korn Ferry Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 15.47 12.53 15.09 12.40 15.41

Competitive Comparison of Korn Ferry's Cyclically Adjusted Price-to-FCF

For the Staffing & Employment Services subindustry, Korn Ferry'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.


Korn Ferry's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

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

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



Korn Ferry 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=60.50/3.54
=17.09

* 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.

Korn Ferry's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Korn Ferry's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=2.722/130.1244*130.1244
=2.722

Current CPI (Jan. 2024) = 130.1244.

Korn Ferry Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 1.242 100.023 1.616
201407 -1.440 100.520 -1.864
201410 0.528 100.176 0.686
201501 1.139 98.604 1.503
201504 1.530 99.824 1.994
201507 -1.739 100.691 -2.247
201510 0.205 100.346 0.266
201601 0.836 99.957 1.088
201604 1.211 100.947 1.561
201607 -2.412 101.524 -3.092
201610 0.476 101.988 0.607
201701 1.543 102.456 1.960
201704 1.377 103.167 1.737
201707 -1.831 103.278 -2.307
201710 0.640 104.070 0.800
201801 1.544 104.578 1.921
201804 2.152 105.708 2.649
201807 -2.020 106.324 -2.472
201810 1.143 106.695 1.394
201901 1.898 106.200 2.326
201904 2.360 107.818 2.848
201907 -2.768 108.250 -3.327
201910 0.739 108.577 0.886
202001 2.512 108.841 3.003
202004 2.919 108.173 3.511
202007 -2.500 109.318 -2.976
202010 0.727 109.861 0.861
202101 2.150 110.364 2.535
202104 2.955 112.673 3.413
202107 -2.690 115.183 -3.039
202110 1.739 116.696 1.939
202201 4.137 118.619 4.538
202204 4.604 121.978 4.911
202207 -4.689 125.002 -4.881
202210 2.204 125.734 2.281
202301 3.145 126.223 3.242
202304 4.155 127.992 4.224
202307 -5.135 128.974 -5.181
202310 2.153 129.810 2.158
202401 2.722 130.124 2.722

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.


Korn Ferry  (FRA:KFY) 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.


Korn Ferry Cyclically Adjusted Price-to-FCF Related Terms

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


Korn Ferry (FRA:KFY) Business Description

Industry
Traded in Other Exchanges
Address
1900 Avenue of the Stars, Suite 1500, Los Angeles, CA, USA, 90067
Korn Ferry is a United States-based firm engaged in organizational consulting and management recruitment that helps clients fill mid- to high-level management positions. The company's segment includes Consulting; Digital; Executive Search and RPO and Professional Search.

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