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Axis Auto Finance (TSX:AXIS) Cyclically Adjusted Price-to-FCF : (As of Sep. 23, 2024)


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What is Axis Auto Finance Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Axis Auto Finance Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Axis Auto Finance'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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Axis Auto Finance Cyclically Adjusted Price-to-FCF Chart

Axis Auto Finance Annual Data
Trend Apr14 Apr15 Apr16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Axis Auto Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Axis Auto Finance's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, Axis Auto Finance'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.


Axis Auto Finance's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

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

* The bar in red indicates where Axis Auto Finance's Cyclically Adjusted Price-to-FCF falls into.



Axis Auto Finance 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.

Axis Auto Finance's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Axis Auto Finance'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)
=0.076/126.2576*126.2576
=0.076

Current CPI (Mar. 2024) = 126.2576.

Axis Auto Finance Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.001 98.920 -0.001
201407 -0.002 99.315 -0.003
201410 -0.003 99.473 -0.004
201501 -0.005 98.209 -0.006
201504 -0.001 99.710 -0.001
201507 -0.001 100.579 -0.001
201510 -0.001 100.500 -0.001
201601 -0.020 100.184 -0.025
201604 -0.010 101.370 -0.012
201609 -0.058 101.765 -0.072
201612 -0.032 101.449 -0.040
201703 -0.015 102.634 -0.018
201706 -0.034 103.029 -0.042
201709 -0.030 103.345 -0.037
201712 0.007 103.345 0.009
201803 0.028 105.004 0.034
201806 -0.065 105.557 -0.078
201809 -0.040 105.636 -0.048
201812 -0.037 105.399 -0.044
201903 0.046 106.979 0.054
201906 -0.033 107.690 -0.039
201909 -0.031 107.611 -0.036
201912 -0.022 107.769 -0.026
202003 -0.059 107.927 -0.069
202006 0.092 108.401 0.107
202009 0.019 108.164 0.022
202012 -0.046 108.559 -0.053
202103 0.026 110.298 0.030
202106 -0.021 111.720 -0.024
202109 -0.027 112.905 -0.030
202112 -0.074 113.774 -0.082
202203 -0.043 117.646 -0.046
202206 -0.112 120.806 -0.117
202209 -0.143 120.648 -0.150
202212 -0.099 120.964 -0.103
202303 -0.125 122.702 -0.129
202306 -0.039 124.203 -0.040
202309 -0.025 125.230 -0.025
202312 -0.013 125.072 -0.013
202403 0.076 126.258 0.076

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.


Axis Auto Finance  (TSX:AXIS) 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.


Axis Auto Finance Cyclically Adjusted Price-to-FCF Related Terms

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


Axis Auto Finance Business Description

Traded in Other Exchanges
N/A
Address
165 Galaxy Boulevard, 2nd Floor, Etobicoke, ON, CAN, M9W 0C8
Axis Auto Finance Inc is a fintech company that is changing the way used vehicles are purchased and financed in Canada. The company's direct-to-consumer website, DriveAxis.ca, enables users to choose their next used vehicle, customize financing terms, and get the car delivered to homes. In addition, the company continues to grow business-to-business non-prime auto loan originations by delivering innovative technology solutions and superior service to its dealer partners.
Executives
Todd Charles Hudson Senior Officer

Axis Auto Finance Headlines

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