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Driver Group (LSE:DRV) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Driver Group Cyclically Adjusted Price-to-FCF Historical Data

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

Driver Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 54.85 134.12 8,388.46 -

Driver Group 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 134.12 - 8,388.46 - -

Competitive Comparison of Driver Group's Cyclically Adjusted Price-to-FCF

For the Consulting Services subindustry, Driver 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.


Driver Group's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

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

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



Driver 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.

Driver Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Driver Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Sep23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=0.041/130.1000*130.1000
=0.041

Current CPI (Sep23) = 130.1000.

Driver Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 -0.026 100.000 -0.034
201509 -0.057 100.200 -0.074
201609 -0.189 101.500 -0.242
201709 0.042 104.300 0.052
201809 0.094 106.600 0.115
201909 -0.004 108.400 -0.005
202009 0.086 109.200 0.102
202109 -0.005 112.400 -0.006
202209 0.003 122.300 0.003
202309 0.041 130.100 0.041

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.


Driver Group  (LSE:DRV) 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.


Driver Group Cyclically Adjusted Price-to-FCF Related Terms

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Driver Group (LSE:DRV) Business Description

Industry
Traded in Other Exchanges
N/A
Address
125 Old Broad Street, Suite 706-708, Floor 7, London, GBR, EC2N 1AR
Driver Group PLC provides consultancy services to the engineering and construction industries. The business activity of the group is primarily operated through divisions such as Europe and the Americas; Asia Pacific; Middle East. Geographically, it derives a majority of its revenue from the United Kingdom and can be seen across the region of Oman, France, Qatar, Germany, Kuwait, China, the US, Canada, and others. It offers quantity surveying, quantum and planning experts, litigation support, contract administration, and commercial advice/management services; and capital investment consultancy services, including development, project, and contracting management services.

Driver Group (LSE:DRV) Headlines