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Hargreaves Lansdown (STU:DMB) Cyclically Adjusted Price-to-FCF : 19.31 (As of Sep. 21, 2024)


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What is Hargreaves Lansdown Cyclically Adjusted Price-to-FCF?

As of today (2024-09-21), Hargreaves Lansdown's current share price is €13.13. Hargreaves Lansdown's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun24 was €0.68. Hargreaves Lansdown's Cyclically Adjusted Price-to-FCF for today is 19.31.

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

STU:DMB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.96   Med: 51.19   Max: 84.93
Current: 18.94

During the past 13 years, Hargreaves Lansdown's highest Cyclically Adjusted Price-to-FCF was 84.93. The lowest was 12.96. And the median was 51.19.

STU:DMB's Cyclically Adjusted Price-to-FCF is ranked better than
51.08% of 507 companies
in the Asset Management industry
Industry Median: 19.94 vs STU:DMB: 18.94

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.

Hargreaves Lansdown's adjusted free cash flow per share data of for the fiscal year that ended in Jun24 was €0.827. 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 €0.68 for the trailing ten years ended in Jun24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hargreaves Lansdown Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hargreaves Lansdown'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.

Hargreaves Lansdown Cyclically Adjusted Price-to-FCF Chart

Hargreaves Lansdown Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.20 35.37 15.57 15.01 19.39

Hargreaves Lansdown Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 15.57 - 15.01 - 19.39

Competitive Comparison of Hargreaves Lansdown's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Hargreaves Lansdown'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.


Hargreaves Lansdown's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



Hargreaves Lansdown 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.

Hargreaves Lansdown's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.13/0.68
=19.31

* 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.

Hargreaves Lansdown's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun24 is calculated as:

For example, Hargreaves Lansdown's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=0.827/133.0000*133.0000
=0.827

Current CPI (Jun24) = 133.0000.

Hargreaves Lansdown Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.486 100.100 0.646
201606 0.420 101.000 0.553
201706 0.513 103.500 0.659
201806 0.548 105.900 0.688
201906 0.576 107.900 0.710
202006 0.584 108.800 0.714
202106 0.761 111.400 0.909
202206 0.612 120.500 0.675
202306 0.473 129.400 0.486
202406 0.827 133.000 0.827

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.


Hargreaves Lansdown  (STU:DMB) 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.


Hargreaves Lansdown Cyclically Adjusted Price-to-FCF Related Terms

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


Hargreaves Lansdown Business Description

Traded in Other Exchanges
Address
Anchor Road, One College Square South, Bristol, GBR, BS1 5HL
Hargreaves Lansdown PLC operates a large direct-to-investor investment service in the United Kingdom built around offerings tailored to client needs. Clients can elect to hold all their funds, stocks, bonds, ETFs, and other financial instruments in a single service with various tax advantages. The company also offers portfolio rebalancing, discretionary services and managed funds, third-party services, savings management, online and apps offerings, and other retirement solutions. The company's clients mostly comprise individual investors and corporate clients. It primarily earns recurring revenue through the administration and management of assets held under its platform, and secondarily earns transactional revenue through stockbroking commissions and initial advisory fees.