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NewStar Financial (NewStar Financial) Cyclically Adjusted Price-to-FCF : (As of May. 01, 2024)


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What is NewStar Financial Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


NewStar Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for NewStar Financial'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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NewStar Financial Cyclically Adjusted Price-to-FCF Chart

NewStar Financial Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted Price-to-FCF
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NewStar Financial Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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Competitive Comparison of NewStar Financial's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, NewStar Financial'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.


NewStar Financial's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

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

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



NewStar Financial 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.

NewStar Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2017 is calculated as:

For example, NewStar Financial's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2017 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2017 (Change)*Current CPI (Sep. 2017)
=0.391/104.1356*104.1356
=0.391

Current CPI (Sep. 2017) = 104.1356.

NewStar Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200712 0.829 88.616 0.974
200803 0.422 90.090 0.488
200806 0.784 92.320 0.884
200809 0.293 92.307 0.331
200812 0.437 88.697 0.513
200903 0.195 89.744 0.226
200906 0.282 91.003 0.323
200909 0.029 91.120 0.033
200912 -0.151 91.111 -0.173
201003 0.173 91.821 0.196
201006 0.463 91.962 0.524
201009 0.424 92.162 0.479
201012 -0.558 92.474 -0.628
201103 0.671 94.283 0.741
201106 0.495 95.235 0.541
201109 -0.394 95.727 -0.429
201112 0.108 95.213 0.118
201203 -0.007 96.783 -0.008
201206 0.093 96.819 0.100
201209 0.949 97.633 1.012
201212 -0.363 96.871 -0.390
201303 0.030 98.209 0.032
201306 0.556 98.518 0.588
201309 0.367 98.790 0.387
201312 0.111 98.326 0.118
201403 -0.370 99.695 -0.386
201406 0.035 100.560 0.036
201409 0.358 100.428 0.371
201412 -2.236 99.070 -2.350
201503 1.709 99.621 1.786
201506 -3.481 100.684 -3.600
201509 -1.604 100.392 -1.664
201512 -1.262 99.792 -1.317
201603 0.292 100.470 0.303
201606 1.822 101.688 1.866
201609 0.525 101.861 0.537
201612 6.627 101.863 6.775
201703 -3.243 102.862 -3.283
201706 -2.053 103.349 -2.069
201709 0.391 104.136 0.391

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.


NewStar Financial  (NAS:NEWS) 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.


NewStar Financial Cyclically Adjusted Price-to-FCF Related Terms

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


NewStar Financial (NewStar Financial) Business Description

Traded in Other Exchanges
N/A
Address
NewStar Financial Inc is a finance company which develops specialized platforms for complex financing needs of companies and private investors for the middle market. The company and its subsidiary provides asset management services to institutional customers and also manages private credit funds, sponsored funds, series of funds structured as CLOs and managed accounts. Through specialized lending platforms the company provides senior secured debt financing options to mid-sized companies to fund working capital growth strategies, acquisitions, recapitalizations, purchases of equipment and other capital assets. The company derives its revenues from leveraged finance, business credit, real estate, equipment finance and asset management segments.
Executives
Richard E Thornburgh director 401 N. MAIN STREET, WINSTON-SALEM NC 27101
Frank R Noonan director
Bradley E Cooper director UNIVERSAL AMERICAN FINANCIAL CORP, 6 INTERNATIONAL DR STE 190, RYE BROOK NY 10573
Capital Z Financial Services Fund Ii Lp 10 percent owner
Capital Z Partners Ltd 10 percent owner
Capital Z Partners Lp 10 percent owner
Corsair Capital Llc 10 percent owner 717 FIFTH AVENUE, 24TH FLOOR, NEW YORK NY 10022
Second Curve Capital Llc 10 percent owner 150 N RADNOR CHESTER ROAD, SUITE F120, RADNOR PA 19087
Thomas K Brown 10 percent owner C/O SECOND CURVE CAPITAL, LLC, 237 PARK AVENUE, 9TH FLOOR, NEW YORK NY 10017
Mark K Gormley director 1067 FIFTH AVENUE, #6, NEW YORK NY 10128
Burnaman Phillip R Ii officer: M.Dir & Head Structured Prods
Joseph W Saunders director C/O VISA INC., P.O. BOX 8999, SAN FRANCISCO CA 94128-8999

NewStar Financial (NewStar Financial) Headlines

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