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SSI Securities (STC:SSI) Cyclically Adjusted Price-to-FCF : (As of Jan. 19, 2025)


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What is SSI Securities Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


SSI Securities Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SSI Securities'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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SSI Securities Cyclically Adjusted Price-to-FCF Chart

SSI Securities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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SSI Securities Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of SSI Securities's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, SSI Securities'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.


SSI Securities's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SSI Securities's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



SSI Securities 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.

SSI Securities's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, SSI Securities's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1461.251/133.0289*133.0289
=1,461.251

Current CPI (Sep. 2024) = 133.0289.

SSI Securities Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 75.720 99.070 101.675
201503 155.522 99.621 207.676
201506 363.720 100.684 480.566
201509 -1,074.960 100.392 -1,424.431
201512 -742.160 99.792 -989.341
201603 -346.494 100.470 -458.779
201606 -195.912 101.688 -256.293
201609 484.215 101.861 632.377
201612 431.185 101.863 563.112
201703 288.210 102.862 372.734
201706 74.829 103.349 96.318
201709 -470.526 104.136 -601.077
201712 -1,259.974 104.011 -1,611.491
201803 -217.465 105.290 -274.758
201806 207.019 106.317 259.033
201809 -2,801.310 106.507 -3,498.890
201812 264.480 105.998 331.926
201903 56.055 107.251 69.528
201906 -734.889 108.070 -904.617
201909 3,089.595 108.329 3,794.034
201912 76.930 108.420 94.391
202003 -550.557 108.902 -672.534
202006 -1,160.458 108.767 -1,419.309
202009 -2,520.074 109.815 -3,052.798
202012 -5,871.725 109.897 -7,107.660
202103 -604.888 111.754 -720.040
202106 -3,303.226 114.631 -3,833.370
202109 -4,836.838 115.734 -5,559.624
202112 220.685 117.630 249.576
202203 -3,396.181 121.301 -3,724.538
202206 4,291.249 125.017 4,566.267
202209 -1,168.702 125.227 -1,241.519
202212 -3,178.130 125.222 -3,376.274
202303 -785.079 127.348 -820.102
202306 1,878.593 128.729 1,941.348
202309 -2,211.442 129.860 -2,265.415
202312 -6,690.783 129.419 -6,877.389
202403 1,334.867 131.776 1,347.557
202406 -1,686.423 132.554 -1,692.467
202409 1,461.251 133.029 1,461.251

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.


SSI Securities  (STC:SSI) 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.


SSI Securities Cyclically Adjusted Price-to-FCF Related Terms

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


SSI Securities Business Description

Traded in Other Exchanges
N/A
Address
72 Nguyen Hue Street, Ben Nghe Ward, District 1, Hochiminh City, VNM
SSI Securities Corp provides securities services, asset management, and investment banking. Securities services are the core business line of the company with the products and services such as securities brokerage, securities depository and securities investment capital origination aimed at local, foreign retail and individual investors. Its products and services are brokerage services, IPO services, financing services, transaction support, fund management, portfolio management and value-added services, capital raising, debt instrument issuance, M&A, identifying strategic partners to equitization advisory and listing advisory.

SSI Securities Headlines

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