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ABC arbitrage (LTS:0OPJ) Cyclically Adjusted Price-to-FCF : 14.24 (As of May. 12, 2025)


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What is ABC arbitrage Cyclically Adjusted Price-to-FCF?

As of today (2025-05-12), ABC arbitrage's current share price is €5.98. ABC arbitrage's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 was €0.42. ABC arbitrage's Cyclically Adjusted Price-to-FCF for today is 14.24.

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

LTS:0OPJ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.21   Med: 17.21   Max: 22.26
Current: 14.12

During the past 13 years, ABC arbitrage's highest Cyclically Adjusted Price-to-FCF was 22.26. The lowest was 9.21. And the median was 17.21.

LTS:0OPJ's Cyclically Adjusted Price-to-FCF is ranked better than
57.94% of 504 companies
in the Asset Management industry
Industry Median: 18.89 vs LTS:0OPJ: 14.12

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.

ABC arbitrage's adjusted free cash flow per share data of for the fiscal year that ended in Dec24 was €0.354. 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 €0.42 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


ABC arbitrage Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ABC arbitrage'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.

ABC arbitrage Cyclically Adjusted Price-to-FCF Chart

ABC arbitrage Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.72 17.10 20.91 11.98 11.33

ABC arbitrage Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 20.91 - 11.98 - 11.33

Competitive Comparison of ABC arbitrage's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, ABC arbitrage'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.


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

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

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


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ABC arbitrage 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.

ABC arbitrage's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.98/0.42
=14.24

* 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.

ABC arbitrage's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 is calculated as:

For example, ABC arbitrage's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=0.354/119.9500*119.9500
=0.354

Current CPI (Dec24) = 119.9500.

ABC arbitrage Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201512 0.206 100.040 0.247
201612 0.215 100.650 0.256
201712 0.468 101.850 0.551
201812 0.385 103.470 0.446
201912 0.460 104.980 0.526
202012 0.400 104.960 0.457
202112 0.559 107.850 0.622
202212 0.408 114.160 0.429
202312 0.336 118.390 0.340
202412 0.354 119.950 0.354

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.


ABC arbitrage  (LTS:0OPJ) 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.


ABC arbitrage Cyclically Adjusted Price-to-FCF Related Terms

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


ABC arbitrage Business Description

Traded in Other Exchanges
Address
18 rue du Quatre Septembre, Paris, FRA, 75002
ABC arbitrage SA is a France-based company engaged in the design of arbitration strategies in European and American financial markets. The group conducts two types of arbitrage strategies, including arbitrage without market risks, which exploits opportunities that are independent of directional or event risks, and arbitrage with market risks, where various risks involved are systematically identified and hedged using appropriate instruments. ABC Arbitrage also provides asset management services to institutional clients and advisory services for third party institutional clients or qualified investors. The company's funds are managed by ABC arbitrage Asset Management.

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