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One (WAR:FMG) Cyclically Adjusted Price-to-FCF : 8.27 (As of May. 15, 2024)


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What is One Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), One's current share price is zł102.50. One's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2023 was zł12.39. One's Cyclically Adjusted Price-to-FCF for today is 8.27.

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

WAR:FMG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.86   Med: 2.17   Max: 12.11
Current: 8.39

During the past years, One's highest Cyclically Adjusted Price-to-FCF was 12.11. The lowest was 0.86. And the median was 2.17.

WAR:FMG's Cyclically Adjusted Price-to-FCF is ranked better than
73.21% of 504 companies
in the Asset Management industry
Industry Median: 20.705 vs WAR:FMG: 8.39

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.

One's adjusted free cash flow per share data for the three months ended in Jun. 2023 was zł1.888. 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 zł12.39 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


One Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for One'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.

One Cyclically Adjusted Price-to-FCF Chart

One Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.52 -

One Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 1.27 2.52 2.96 4.92 -

Competitive Comparison of One's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, One'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.


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

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

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



One 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=102.50/12.39
=8.27

* 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.

One's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, One's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=1.888/147.0085*147.0085
=1.888

Current CPI (Jun. 2023) = 147.0085.

One Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 13.303 100.855 19.391
201309 -29.362 100.936 -42.764
201312 -8.316 101.018 -12.102
201403 43.934 101.262 63.782
201406 -57.605 101.180 -83.696
201409 -49.640 100.611 -72.532
201412 41.817 100.122 61.400
201503 -49.476 100.041 -72.704
201506 8.037 100.448 11.762
201509 -11.555 99.634 -17.049
201512 -0.128 99.471 -0.189
201603 -1.146 98.983 -1.702
201606 -3.799 99.552 -5.610
201609 0.561 99.064 0.833
201612 -4.317 100.366 -6.323
201703 2.104 101.018 3.062
201706 43.665 101.180 63.442
201709 2.762 101.343 4.007
201712 11.579 102.564 16.597
201803 112.716 102.564 161.560
201806 -2.884 103.378 -4.101
201809 3.006 103.378 4.275
201812 1.884 103.785 2.669
201903 10.909 104.274 15.380
201906 -28.073 105.983 -38.940
201909 8.634 105.983 11.976
201912 38.171 107.123 52.384
202003 0.073 109.076 0.098
202006 4.049 109.402 5.441
202009 -4.634 109.320 -6.232
202012 44.134 109.565 59.217
202103 -5.140 112.658 -6.707
202106 -1.357 113.960 -1.751
202109 -23.878 115.588 -30.369
202203 -46.862 125.031 -55.099
202206 -2.566 131.705 -2.864
202209 15.893 135.531 17.239
202212 -1.663 139.113 -1.757
202303 9.913 145.950 9.985
202306 1.888 147.009 1.888

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.


One  (WAR:FMG) 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.


One Cyclically Adjusted Price-to-FCF Related Terms

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


One (WAR:FMG) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ulica Adama Naruszewicza 27 lok. 101, Warsaw, POL, 02-627
One SA, formerly Financial Assets Management Group SA is engaged in the management of companies under management contracts, creating and managing their offer, planning and implementation of strategies, an organization of financing development projects and supervision over ongoing investments. The revenues include management fees, considering the costs of currently implemented projects for supported clients and companies.

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