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Time Finance (LSE:TIME) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is Time Finance Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Time Finance Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Time 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.

Time Finance Cyclically Adjusted Price-to-FCF Chart

Time Finance Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 96.44

Time Finance Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 - - - 96.44 -

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

For the Credit Services subindustry, Time 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.


Time Finance's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

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

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



Time 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.

Time Finance's Cyclically Adjusted FCF per Share for the fiscal year that ended in May23 is calculated as:

For example, Time Finance's adjusted Free Cash Flow per Share data for the fiscal year that ended in May23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of May23 (Change)*Current CPI (May23)
=0.025/129.1000*129.1000
=0.025

Current CPI (May23) = 129.1000.

Time Finance Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -0.043 99.600 -0.056
201505 -0.113 100.100 -0.146
201605 0.036 100.800 0.046
201705 0.090 103.500 0.112
201805 -0.020 105.900 -0.024
201905 0.008 107.900 0.010
202005 0.033 108.600 0.039
202105 0.058 111.000 0.067
202205 -0.041 119.700 -0.044
202305 0.025 129.100 0.025

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.


Time Finance  (LSE:TIME) 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.


Time Finance Cyclically Adjusted Price-to-FCF Related Terms

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


Time Finance (LSE:TIME) Business Description

Traded in Other Exchanges
N/A
Address
The Square, Lower Bristol Road, St James House, Bath, GBR, BA2 3BH
Time Finance PLC is a part of the financial services domain in the United Kingdom. The company's principal business involves the provision of financial services to SMEs (small and medium sized enterprises) in the United Kingdom. The company operates in Asset Finance, Vehicle Finance, Loan Finance, and Invoice Finance. It generates most of the revenue from the Asset Finance division.

Time Finance (LSE:TIME) Headlines

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