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Logan Ridge Finance (Logan Ridge Finance) Cyclically Adjusted Price-to-FCF : 9.67 (As of May. 05, 2024)


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What is Logan Ridge Finance Cyclically Adjusted Price-to-FCF?

As of today (2024-05-05), Logan Ridge Finance's current share price is $22.2499. Logan Ridge Finance's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.30. Logan Ridge Finance's Cyclically Adjusted Price-to-FCF for today is 9.67.

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

LRFC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.56   Med: 18.31   Max: 111.8
Current: 9.67

During the past years, Logan Ridge Finance's highest Cyclically Adjusted Price-to-FCF was 111.80. The lowest was 9.56. And the median was 18.31.

LRFC's Cyclically Adjusted Price-to-FCF is ranked better than
68.43% of 510 companies
in the Asset Management industry
Industry Median: 20.15 vs LRFC: 9.67

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.

Logan Ridge Finance's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-1.499. 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 $2.30 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Logan Ridge Finance Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Logan Ridge Finance'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.

Logan Ridge Finance Cyclically Adjusted Price-to-FCF Chart

Logan Ridge Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 9.83

Logan Ridge Finance 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 - - - 23.52 9.83

Competitive Comparison of Logan Ridge Finance's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Logan Ridge Finance'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.


Logan Ridge Finance's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



Logan Ridge Finance 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.

Logan Ridge Finance's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=22.2499/2.3
=9.67

* 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.

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

For example, Logan Ridge Finance'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)
=-1.499/129.4194*129.4194
=-1.499

Current CPI (Dec. 2023) = 129.4194.

Logan Ridge Finance Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -12.932 99.695 -16.788
201406 2.682 100.560 3.452
201409 -24.359 100.428 -31.391
201412 -20.598 99.070 -26.908
201503 -14.385 99.621 -18.688
201506 -9.497 100.684 -12.207
201509 -10.867 100.392 -14.009
201512 -4.134 99.792 -5.361
201603 -5.156 100.470 -6.642
201606 6.412 101.688 8.161
201609 34.166 101.861 43.410
201612 -9.211 101.863 -11.703
201703 3.880 102.862 4.882
201706 18.251 103.349 22.855
201709 4.296 104.136 5.339
201712 -9.856 104.011 -12.264
201803 -1.758 105.290 -2.161
201806 8.066 106.317 9.819
201809 8.808 106.507 10.703
201812 -6.487 105.998 -7.920
201903 -2.347 107.251 -2.832
201906 14.436 108.070 17.288
201909 10.422 108.329 12.451
201912 1.530 108.420 1.826
202003 -0.747 108.902 -0.888
202006 14.332 108.767 17.053
202009 3.483 109.815 4.105
202012 2.521 109.897 2.969
202103 9.125 111.754 10.567
202106 4.772 114.631 5.388
202109 13.368 115.734 14.949
202112 1.209 117.630 1.330
202203 -8.540 121.301 -9.112
202206 13.116 125.017 13.578
202209 -8.631 125.227 -8.920
202212 -5.391 125.222 -5.572
202303 0.234 127.348 0.238
202306 -0.083 128.729 -0.083
202309 7.617 129.860 7.591
202312 -1.499 129.419 -1.499

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.


Logan Ridge Finance  (NAS:LRFC) 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.


Logan Ridge Finance Cyclically Adjusted Price-to-FCF Related Terms

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


Logan Ridge Finance (Logan Ridge Finance) Business Description

Traded in Other Exchanges
Address
650 Madison Avenue, 23rd Floor, New York, NY, USA, 10022
Logan Ridge Finance Corp an externally managed non-diversified closed-end management investment company. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. The company offers customized financing to business owners, management teams and financial sponsors for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives.
Executives
Jennifer Kwon Chou director C/O THE GORES GROUP, 9800 WILSHIRE BOULEVARD, BEVERLY HILLS CA 90212
Patrick Schafer officer: Chief Investment Officer 650 MADISON AVENUE, NEW YORK NY 10022
Brandon Satoren officer: See Remarks 650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
Edward J. Goldthorpe director, officer: CEO and President 650 MADISON AVENUE, NEW YORK NY 10022
Jason T Roos officer: CFO, Treasurer and Secretary 23 SPRINGHURST ROAD, BEDFORD HILLS NY 10507
David Held officer: Chief Compliance Officer 650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
George Grunebaum director C/O ASHMORE INVESTMENT MANAGEMENT LTD., 61 ALDWYCH, LONDON X0 WC2B 4AE
Alexander Duka director 650 MADISON AVENUE, NEW YORK NY 10022
Robert Herman Warshauer director 8 GOLDEN POND ROAD, WEST HARRISON NY 10604
Larry W. Carroll director C/O PARK STERLING BANK, 1043 EAST MOREHEAD STREET, SUITE 201, CHARLOTTE NC 28204
Alala Joseph B Iii director, officer: See Remarks C/O CAPITALA FINANCE CORP., 4201 CONGRESS STREET, SUITE 360, CHARLOTTE NC 28209
Richard Wheelahan officer: Chief Compliance Officer C/O CAPITALA FINANCE CORP., 4201 CONGRESS STREET, SUITE 360, CHARLOTTE NC 28209
Kevin A. Koonts officer: Chief Accounting Officer 4201 CONGRESS STREET, SUITE 360, CHARLOTTE NC 28209
Stephen A. Arnall officer: Chief Financial Officer C/O PARK STERLING BANK, 1043 EAST MOREHEAD STREET, SUITE 201, CHARLOTTE NC 28204
Markham Hunt Broyhill director 800 HICKORY BLVD. SW, LENOIR NC 28645

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