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Albemarle & Bond Holdings (LSE:ABM) Cyclically Adjusted Price-to-FCF : (As of Jun. 22, 2024)


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What is Albemarle & Bond Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Albemarle & Bond Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Albemarle & Bond Holdings'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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Albemarle & Bond Holdings Cyclically Adjusted Price-to-FCF Chart

Albemarle & Bond Holdings Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Cyclically Adjusted Price-to-FCF
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Albemarle & Bond Holdings Semi-Annual Data
Jun92 Jun93 Jun94 Jun95 Jun96 Jun97 Jun98 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
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Competitive Comparison of Albemarle & Bond Holdings's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, Albemarle & Bond Holdings'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.


Albemarle & Bond Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

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

* The bar in red indicates where Albemarle & Bond Holdings's Cyclically Adjusted Price-to-FCF falls into.



Albemarle & Bond Holdings 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.

Albemarle & Bond Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun13 is calculated as:

For example, Albemarle & Bond Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun13 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun13 (Change)*Current CPI (Jun13)
=0.119/98.0000*98.0000
=0.119

Current CPI (Jun13) = 98.0000.

Albemarle & Bond Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200406 -0.022 77.900 -0.028
200506 -0.013 79.400 -0.016
200606 -0.010 81.500 -0.012
200706 -0.038 83.500 -0.045
200806 0.052 86.600 0.059
200906 0.179 88.100 0.199
201006 0.219 90.200 0.238
201106 -0.022 93.500 -0.023
201206 0.070 95.600 0.072
201306 0.119 98.000 0.119

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.


Albemarle & Bond Holdings  (LSE:ABM) 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.


Albemarle & Bond Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Albemarle & Bond Holdings (LSE:ABM) Business Description

Traded in Other Exchanges
N/A
Address
Albemarle & Bond Holdings PLC was incorporated on January 17, 1986. The Company is a holding company engaged in pawnbroking, retail jewellery sales, gold purchasing, unsecured lending, including cheque cashing and other financial services. It has approximately 230 stores and 1,000 employees. Operating under the two brands, Albemarle Bond and Herbert Brown, it provides its customers with a range of services including jewellery retailing, pawnbroking loans, gold purchasing and a range of unsecured loan products. The pawn loan is secured against jewellery for a maximum of six months. The customer can redeem their jewellery by repaying the loan and interest owing at any time without incurring penalties for early redemption. The Company provides short-term loans through three products, PayDay Advances, Speedloans, and Cheque Cashing. PayDay Advances offer customers short-term unsecured loans to meet their cash flow requirements until wages are received. Speedloans provide customers with immediately available installment loans over a longer term of between six and 18 months and Cheque Cashing provides access to their cash for customers who have received cheques. The Company offers a range of new and second hand jewellery. Herbert Brown offers a range of new, second hand and antique jewellery.

Albemarle & Bond Holdings (LSE:ABM) Headlines