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OneMain Holdings (OneMain Holdings) Cyclically Adjusted Price-to-FCF : 3.23 (As of May. 01, 2024)


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What is OneMain Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), OneMain Holdings's current share price is $50.79. OneMain Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $15.71. OneMain Holdings's Cyclically Adjusted Price-to-FCF for today is 3.23.

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

OMF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.6   Med: 3.11   Max: 5.62
Current: 3.24

During the past years, OneMain Holdings's highest Cyclically Adjusted Price-to-FCF was 5.62. The lowest was 1.60. And the median was 3.11.

OMF's Cyclically Adjusted Price-to-FCF is ranked better than
75.49% of 102 companies
in the Credit Services industry
Industry Median: 10.05 vs OMF: 3.24

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.

OneMain Holdings's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $5.643. 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 $15.71 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


OneMain Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for OneMain Holdings'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.

OneMain Holdings Cyclically Adjusted Price-to-FCF Chart

OneMain Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4.67 4.00 2.39 3.13

OneMain Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.56 2.88 2.60 3.13 -

Competitive Comparison of OneMain Holdings's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, OneMain Holdings'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.


OneMain Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

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

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



OneMain Holdings 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.

OneMain Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=50.79/15.71
=3.23

* 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.

OneMain Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, OneMain Holdings's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.643/129.4194*129.4194
=5.643

Current CPI (Dec. 2023) = 129.4194.

OneMain Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 2.362 99.695 3.066
201406 0.712 100.560 0.916
201409 -0.156 100.428 -0.201
201412 0.390 99.070 0.509
201503 1.643 99.621 2.134
201506 0.157 100.684 0.202
201509 1.406 100.392 1.813
201512 2.549 99.792 3.306
201603 3.084 100.470 3.973
201606 1.801 101.688 2.292
201609 3.534 101.861 4.490
201612 1.371 101.863 1.742
201703 3.275 102.862 4.121
201706 2.184 103.349 2.735
201709 3.684 104.136 4.578
201712 2.318 104.011 2.884
201803 4.084 105.290 5.020
201806 2.861 106.317 3.483
201809 3.762 106.507 4.571
201812 4.333 105.998 5.290
201903 4.024 107.251 4.856
201906 4.382 108.070 5.248
201909 4.282 108.329 5.116
201912 4.638 108.420 5.536
202003 4.150 108.902 4.932
202006 4.755 108.767 5.658
202009 3.160 109.815 3.724
202012 4.329 109.897 5.098
202103 4.124 111.754 4.776
202106 4.263 114.631 4.813
202109 3.829 115.734 4.282
202112 4.679 117.630 5.148
202203 4.331 121.301 4.621
202206 5.020 125.017 5.197
202209 4.410 125.227 4.558
202212 5.445 125.222 5.628
202303 4.646 127.348 4.722
202306 5.661 128.729 5.691
202309 4.936 129.860 4.919
202312 5.643 129.419 5.643

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.


OneMain Holdings  (NYSE:OMF) 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.


OneMain Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


OneMain Holdings (OneMain Holdings) Business Description

Traded in Other Exchanges
Address
601 N.W. Second Street, Evansville, IN, USA, 47708
OneMain Holdings is engaged in nonprime consumer finance companies in the United States and one of only a few companies in the consumer installment lending industry. It formed after a transaction brought together two branch-based consumer finance companies with complementary strategies and locations. Its services include providing personal loan products, offering credit and noncredit insurance, servicing loans, pursuing strategic acquisitions and dispositions of assets and businesses, and on occasion, establishing joint ventures or forming strategic alliances. The company's one reportable segment is consumer and insurance. In addition to hundreds of branches, the company also has a significant online business. The main source of revenue is net interest income.
Executives
Rajive Chadha officer: Chief Operating Officer & EVP C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Douglas H. Shulman director, officer: President and CEO C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Toos Daruvala director 12 SYCAMORE ROAD, SCARSDALE NY 10583
Philip Bronner director C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Uniform Investco Sub L.p. other: See Remarks C/O VARDE PARTNERS, 901 MARQUETTE AVENUE SOUTH, SUITE 3300, MINNEAPOLIS MN 55402
Apollo Management Holdings Gp, Llc 10 percent owner 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Phyllis R Caldwell director AMERICAN CAPITAL, LTD., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
George G Hicks other: See Remarks 901 MARQUETTE AVENUE SOUTH, SUITE 3300, MINNEAPOLIS MN 55402
Jay N. Levine director, officer: President and CEO C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Lisa Green Hall director C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Micah R. Conrad officer: EVP and CFO C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Richard A Smith director 175 PARK AVENUE, MADISON NJ 07940
Varde Investment Partners Ugp, Llc other: See Remarks C/O VARDE PARTNERS, 901 MARQUETTE AVENUE, SUITE 3300, MINNEAPOLIS MN 55402
Varde Skyway Fund Ugp, Llc other: See Remarks C/O VARDE PARTNERS, 901 MARQUETTE AVENUE, SUITE 3300, MINNEAPOLIS MN 55402
Varde Credit Partners Ugp, Llc other: See Remarks C/O VARDE PARTNERS, 901 MARQUETTE AVENUE, SUITE 3300, MINNEAPOLIS MN 55402