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Federal Home Loan Mortgage (STU:FHL) Cyclically Adjusted Price-to-FCF : 0.47 (As of Jun. 14, 2024)


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What is Federal Home Loan Mortgage Cyclically Adjusted Price-to-FCF?

As of today (2024-06-14), Federal Home Loan Mortgage's current share price is €1.23. Federal Home Loan Mortgage's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.59. Federal Home Loan Mortgage's Cyclically Adjusted Price-to-FCF for today is 0.47.

The historical rank and industry rank for Federal Home Loan Mortgage's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

STU:FHL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.13   Med: 1.13   Max: 30.8
Current: 0.66

During the past years, Federal Home Loan Mortgage's highest Cyclically Adjusted Price-to-FCF was 30.80. The lowest was 0.13. And the median was 1.13.

STU:FHL's Cyclically Adjusted Price-to-FCF is ranked better than
96.38% of 828 companies
in the Banks industry
Industry Median: 7.23 vs STU:FHL: 0.66

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.

Federal Home Loan Mortgage's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.823. 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 €2.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Federal Home Loan Mortgage Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Federal Home Loan Mortgage'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.

Federal Home Loan Mortgage Cyclically Adjusted Price-to-FCF Chart

Federal Home Loan Mortgage 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 1.23 1.10 0.35 0.13 0.36

Federal Home Loan Mortgage 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 0.14 0.16 0.22 0.36 0.58

Competitive Comparison of Federal Home Loan Mortgage's Cyclically Adjusted Price-to-FCF

For the Mortgage Finance subindustry, Federal Home Loan Mortgage'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.


Federal Home Loan Mortgage's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Federal Home Loan Mortgage's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Federal Home Loan Mortgage's Cyclically Adjusted Price-to-FCF falls into.



Federal Home Loan Mortgage 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.

Federal Home Loan Mortgage's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.23/2.59
=0.47

* 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.

Federal Home Loan Mortgage's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Federal Home Loan Mortgage's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.823/131.7762*131.7762
=0.823

Current CPI (Mar. 2024) = 131.7762.

Federal Home Loan Mortgage Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.548 100.560 2.029
201409 0.070 100.428 0.092
201412 -0.609 99.070 -0.810
201503 -1.001 99.621 -1.324
201506 0.064 100.684 0.084
201509 -0.598 100.392 -0.785
201512 1.280 99.792 1.690
201603 -1.135 100.470 -1.489
201606 2.265 101.688 2.935
201609 0.251 101.861 0.325
201612 -0.193 101.863 -0.250
201703 -0.005 102.862 -0.006
201706 0.087 103.349 0.111
201709 1.157 104.136 1.464
201712 -0.139 104.011 -0.176
201803 1.164 105.290 1.457
201806 -0.304 106.317 -0.377
201809 -0.159 106.507 -0.197
201812 -0.604 105.998 -0.751
201903 1.170 107.251 1.438
201906 0.366 108.070 0.446
201909 -0.619 108.329 -0.753
201912 2.447 108.420 2.974
202003 0.781 108.902 0.945
202006 -0.649 108.767 -0.786
202009 1.524 109.815 1.829
202012 -1.354 109.897 -1.624
202103 2.697 111.754 3.180
202106 1.460 114.631 1.678
202109 0.328 115.734 0.373
202112 -0.264 117.630 -0.296
202203 1.053 121.301 1.144
202206 1.180 125.017 1.244
202209 1.377 125.227 1.449
202212 -0.078 125.222 -0.082
202303 0.992 127.348 1.026
202306 0.448 128.729 0.459
202309 0.210 129.860 0.213
202312 0.534 129.419 0.544
202403 0.823 131.776 0.823

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.


Federal Home Loan Mortgage  (STU:FHL) 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.


Federal Home Loan Mortgage Cyclically Adjusted Price-to-FCF Related Terms

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


Federal Home Loan Mortgage (STU:FHL) Business Description

Address
8200 Jones Branch Drive, McLean, VA, USA, 22102-3110
Federal Home Loan Mortgage Corp is a US based government-sponsored enterprise. The company invests in mortgage loans and mortgage-related securities. It operates in the following segments: Single-family, Multifamily. The company is engaged in originating, purchase, and guarantee single-family loans originated by its seller. It provides a guarantee and security for the payment of principal and interest on the mortgage-related securities in exchange for management and guarantee fees. The company purchases multifamily loans for aggregation and then securitization through the issuance of multifamily K Certificates as well as issues and guarantees other securitization products. Majority of the revenue is earned from single family.

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