GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Adams PLC (LSE:ADA) » Definitions » Cyclically Adjusted Price-to-FCF

Adams (LSE:ADA) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Adams Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Adams Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Adams'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.

Adams Cyclically Adjusted Price-to-FCF Chart

Adams Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Adams Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - - -

Competitive Comparison of Adams's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Adams'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.


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

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

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



Adams 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.

Adams's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Adams's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=-0.001/127.3478*127.3478
=-0.001

Current CPI (Mar23) = 127.3478.

Adams Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.004 99.695 -0.005
201503 -0.003 99.621 -0.004
201603 -0.005 100.470 -0.006
201703 -0.003 102.862 -0.004
201803 -0.001 105.290 -0.001
201903 -0.001 107.251 -0.001
202003 -0.001 108.902 -0.001
202103 -0.002 111.754 -0.002
202203 -0.001 121.301 -0.001
202303 -0.001 127.348 -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.


Adams  (LSE:ADA) 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.


Adams Cyclically Adjusted Price-to-FCF Related Terms

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


Adams (LSE:ADA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
55 Athol Street, Douglas, IMN, IM1 1LA
Adams PLC is an investment holding and management company. It is primarily focused on investments in the technology and life sciences sectors mainly in the United Kingdom or Europe. The company operates through the Investment Return segment. The company intends to target opportunities in undervalued or pre-commercialisation technologies. It may invest by way of purchasing quoted shares in appropriate companies, outright acquisition or by the acquisition of assets, including the intellectual property, of a relevant business, or by entering into partnerships or joint venture arrangements.

Adams (LSE:ADA) Headlines

No Headlines