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Alaris Equity Partnersome Trust (TSX:AD.UN) Cyclically Adjusted Price-to-FCF : 6.73 (As of May. 01, 2024)


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What is Alaris Equity Partnersome Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), Alaris Equity Partnersome Trust's current share price is C$15.61. Alaris Equity Partnersome Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was C$2.32. Alaris Equity Partnersome Trust's Cyclically Adjusted Price-to-FCF for today is 6.73.

The historical rank and industry rank for Alaris Equity Partnersome Trust's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TSX:AD.UN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.35   Med: 9.66   Max: 22.82
Current: 6.75

During the past years, Alaris Equity Partnersome Trust's highest Cyclically Adjusted Price-to-FCF was 22.82. The lowest was 4.35. And the median was 9.66.

TSX:AD.UN's Cyclically Adjusted Price-to-FCF is ranked better than
76.86% of 510 companies
in the Asset Management industry
Industry Median: 20.11 vs TSX:AD.UN: 6.75

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.

Alaris Equity Partnersome Trust's adjusted free cash flow per share data for the three months ended in Dec. 2023 was C$0.497. 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 C$2.32 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alaris Equity Partnersome Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alaris Equity Partnersome Trust'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.

Alaris Equity Partnersome Trust Cyclically Adjusted Price-to-FCF Chart

Alaris Equity Partnersome Trust 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 13.02 8.47 9.45 7.08 7.03

Alaris Equity Partnersome Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7.08 7.25 6.55 5.91 7.03

Competitive Comparison of Alaris Equity Partnersome Trust's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Alaris Equity Partnersome Trust'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.


Alaris Equity Partnersome Trust's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where Alaris Equity Partnersome Trust's Cyclically Adjusted Price-to-FCF falls into.



Alaris Equity Partnersome Trust 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.

Alaris Equity Partnersome Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.61/2.32
=6.73

* 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.

Alaris Equity Partnersome Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Alaris Equity Partnersome Trust'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)
=0.497/125.4675*125.4675
=0.497

Current CPI (Dec. 2023) = 125.4675.

Alaris Equity Partnersome Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.345 98.604 0.439
201406 0.437 99.473 0.551
201409 0.382 99.394 0.482
201412 0.430 98.367 0.548
201503 0.355 99.789 0.446
201506 0.330 100.500 0.412
201509 0.561 100.421 0.701
201512 0.345 99.947 0.433
201603 0.384 101.054 0.477
201606 0.334 102.002 0.411
201609 0.422 101.765 0.520
201612 0.859 101.449 1.062
201703 0.407 102.634 0.498
201706 0.407 103.029 0.496
201709 0.599 103.345 0.727
201712 0.414 103.345 0.503
201803 0.580 105.004 0.693
201806 0.618 105.557 0.735
201809 0.452 105.636 0.537
201812 0.480 105.399 0.571
201903 0.560 106.979 0.657
201906 0.444 107.690 0.517
201909 0.545 107.611 0.635
201912 0.478 107.769 0.556
202003 0.716 107.927 0.832
202006 0.377 108.401 0.436
202009 0.250 108.164 0.290
202012 0.589 108.559 0.681
202103 0.589 110.298 0.670
202106 0.409 111.720 0.459
202109 0.597 112.905 0.663
202112 0.558 113.774 0.615
202203 0.559 117.646 0.596
202206 0.993 120.806 1.031
202209 0.438 120.648 0.455
202212 1.074 120.964 1.114
202303 0.562 122.702 0.575
202306 0.211 124.203 0.213
202309 0.435 125.230 0.436
202312 0.497 125.468 0.497

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.


Alaris Equity Partnersome Trust  (TSX:AD.UN) 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.


Alaris Equity Partnersome Trust Cyclically Adjusted Price-to-FCF Related Terms

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


Alaris Equity Partnersome Trust (TSX:AD.UN) Business Description

Traded in Other Exchanges
Address
250, 333 - 24th Avenue South West, Calgary, AB, CAN, T2S 3E6
Alaris Equity Partners Income Trust is an open-ended trust. The Trust, through its subsidiaries, indirectly provides alternative financing to private companies (Partners) in exchange for distributions with the principal objective of generating stable and predictable cash flows for payment of distributions to unitholders of the Trust. Distributions from the Partners are adjusted each year based on the percentage change of a top-line financial performance measure such as gross margin and same-store sales and rank in priority to the owner's common equity position.

Alaris Equity Partnersome Trust (TSX:AD.UN) Headlines

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