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Fortitude Group (Fortitude Group) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is Fortitude Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fortitude Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fortitude Group'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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Fortitude Group Cyclically Adjusted Price-to-FCF Chart

Fortitude Group Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Cyclically Adjusted Price-to-FCF
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Fortitude Group Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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Competitive Comparison of Fortitude Group's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Fortitude Group'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.


Fortitude Group's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fortitude Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Fortitude Group 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.

Fortitude Group's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2010 is calculated as:

For example, Fortitude Group's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2010 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2010 (Change)*Current CPI (Sep. 2010)
=-0.001/92.1617*92.1617
=-0.001

Current CPI (Sep. 2010) = 92.1617.

Fortitude Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200012 0.000 73.413 0.000
200103 0.000 74.341 0.000
200106 0.000 75.100 0.000
200109 0.000 75.227 0.000
200112 0.000 74.552 0.000
200203 0.000 75.438 0.000
200206 0.000 75.902 0.000
200209 0.000 76.366 0.000
200212 0.000 76.324 0.000
200303 0.000 77.716 0.000
200306 0.000 77.505 0.000
200309 0.000 78.138 0.000
200312 0.000 77.758 0.000
200403 0.000 79.066 0.000
200406 0.000 80.037 0.000
200409 0.000 80.121 0.000
200412 -1,000.000 80.290 -1,147.866
200503 -442.105 81.555 -499.601
200506 -666.667 82.062 -748.720
200509 -80.000 83.876 -87.903
200512 171.000 83.032 189.802
200603 -197.000 84.298 -215.378
200606 -1,823.000 85.606 -1,962.612
200609 1,541.000 85.606 1,659.015
200612 -144.000 85.142 -155.873
200703 -81.000 86.640 -86.162
200706 -10.500 87.906 -11.008
200709 -49.000 87.964 -51.338
200712 -69.000 88.616 -71.761
200803 99.500 90.090 101.788
200806 -78.500 92.320 -78.365
200809 33.800 92.307 33.747
200812 -13.000 88.697 -13.508
200903 -0.444 89.744 -0.456
200906 -8.818 91.003 -8.930
200909 -1.000 91.120 -1.011
200912 0.613 91.111 0.620
201003 -0.939 91.821 -0.942
201006 0.973 91.962 0.975
201009 -0.001 92.162 -0.001

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.


Fortitude Group  (OTCPK:FRTD) 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.


Fortitude Group Cyclically Adjusted Price-to-FCF Related Terms

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Fortitude Group (Fortitude Group) Business Description

Traded in Other Exchanges
N/A
Address
1001 State Street, Erie, PA, USA, 16501
Fortitude Group Inc is a diversified investment company. It invests in multiple sectors of the economy targeting joint ventures, wholly owned subsidiaries and or majority/minority positions that cross various market segments with the goal of creating a quality company that builds intrinsic value for its shareholders.

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