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Asbury Automotive Group (Asbury Automotive Group) Cyclically Adjusted FCF per Share : $16.70 (As of Dec. 2023)


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What is Asbury Automotive Group Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Asbury Automotive Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.357. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $16.70 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Asbury Automotive Group's average Cyclically Adjusted FCF Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 50.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 96.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Asbury Automotive Group was 162.80% per year. The lowest was -6.80% per year. And the median was 46.00% per year.

As of today (2024-04-28), Asbury Automotive Group's current stock price is $221.97. Asbury Automotive Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $16.70. Asbury Automotive Group's Cyclically Adjusted Price-to-FCF of today is 13.29.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Asbury Automotive Group was 2267.00. The lowest was 9.47. And the median was 38.45.


Asbury Automotive Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Asbury Automotive Group's Cyclically Adjusted FCF per Share 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.

Asbury Automotive Group Cyclically Adjusted FCF per Share Chart

Asbury Automotive Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 4.90 11.62 15.34 16.70

Asbury Automotive Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 16.32 16.58 16.49 16.70 -

Competitive Comparison of Asbury Automotive Group's Cyclically Adjusted FCF per Share

For the Auto & Truck Dealerships subindustry, Asbury Automotive Group'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.


Asbury Automotive Group's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Asbury Automotive Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Asbury Automotive Group Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Asbury Automotive Group'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)
=0.357/129.4194*129.4194
=0.357

Current CPI (Dec. 2023) = 129.4194.

Asbury Automotive Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.332 99.695 1.729
201406 0.259 100.560 0.333
201409 1.790 100.428 2.307
201412 -3.168 99.070 -4.139
201503 2.516 99.621 3.269
201506 -0.848 100.684 -1.090
201509 1.579 100.392 2.036
201512 -1.195 99.792 -1.550
201603 1.156 100.470 1.489
201606 0.104 101.688 0.132
201609 2.846 101.861 3.616
201612 -1.977 101.863 -2.512
201703 4.403 102.862 5.540
201706 0.648 103.349 0.811
201709 5.529 104.136 6.871
201712 -0.157 104.011 -0.195
201803 0.716 105.290 0.880
201806 -0.761 106.317 -0.926
201809 3.350 106.507 4.071
201812 -5.843 105.998 -7.134
201903 3.175 107.251 3.831
201906 4.321 108.070 5.175
201909 8.539 108.329 10.201
201912 -1.389 108.420 -1.658
202003 6.026 108.902 7.161
202006 21.648 108.767 25.758
202009 3.160 109.815 3.724
202012 0.430 109.897 0.506
202103 10.005 111.754 11.586
202106 18.513 114.631 20.901
202109 17.759 115.734 19.859
202112 8.233 117.630 9.058
202203 16.952 121.301 18.087
202206 3.104 125.017 3.213
202209 6.063 125.227 6.266
202212 -0.161 125.222 -0.166
202303 7.212 127.348 7.329
202306 1.162 128.729 1.168
202309 -0.850 129.860 -0.847
202312 0.357 129.419 0.357

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Asbury Automotive Group  (NYSE:ABG) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Asbury Automotive Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=221.97/16.7
=13.29

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Asbury Automotive Group was 2267.00. The lowest was 9.47. And the median was 38.45.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Asbury Automotive Group Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Asbury Automotive Group's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Asbury Automotive Group (Asbury Automotive Group) Business Description

Traded in Other Exchanges
Address
2905 Premiere Parkway North West, Suite 300, Duluth, GA, USA, 30097
Asbury Automotive Group is a regional collection of automobile dealerships that went public in March 2002. The company operates 138 new-vehicle stores, seven used-vehicle stores, and 32 collision centers. Over 70% of new-vehicle revenue is from luxury and import brands. Asbury also offers third-party financing and insurance products and its own F&I products via Total Care Auto. Asbury operates in 14 states (mostly Texas, the West, and the Southeast). Asbury store brands include David McDavid and Park Place in Texas, and the Larry H. Miller brand in the Western U.S. It plans to acquire Koons in the Washington, D.C. area in late 2023 or early 2024. Asbury generated $15.4 billion of revenue in 2022 and is based in the Atlanta area. The firm targets about $32 billion in 2025.
Executives
Daniel Clara officer: SVP, Operations C/O ASBURY AUTOMOTIVE GROUP, 2905 PREMIERE PKWY, STE 300, DULUTH GA 30097
Philip F Maritz director C/O ASBURY AUTOMOTIVE GROUP, 2905 PREMIERE PKWY, STE 300, DULUTH GA 30097
George A Villasana officer: VP & General Counsel 2905 PREMIERE PARKWAY, SUITE 300, DULUTH GA 30097
Miran Maric officer: SVP, Strategy & Innovation C/O ASBURY AUTOMOTIVE GROUP, 2905 PREMIERE PKWY, SUITE 300, DULUTH GA 30097
Bridget Ryan Berman director 161 FALCON ROAD, GUILFORD CT 06437
David W Hult officer: EVP & COO 800 GESSNER, SUITE 500, HOUSTON TX 77024
Jed Milstein officer: VP & CHRO 2905 PREMIERE PARKWAY, SUITE 300, DULUTH GA 30097
Nathan Edward Briesemeister officer: VP, Controller & CAO C/O ASBURY AUTOMOTIVE GROUP, 2905 PREMIERE PKWY, SUITE 300, DULUTH GA 30097
Terry Hilliard C. Iii director ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Michael Welch officer: SVP & CFO C/O ASBURY AUTOMOTIVE GROUP, 2905 PREMIERE PKWY, SUITE 300, DULUTH GA 30097
David C Abrams 10 percent owner 222 BERKELEY STREET, 21ST FLOOR, BOSTON MA 02116
Abrams Capital Partners Ii, L.p. 10 percent owner 222 BERKELEY STREET, 21ST FLOOR, BOSTON MA 02116
Abrams Capital, Llc 10 percent owner 222 BERKELEY ST., 21ST FLOOR, BOSTON MA 02116
Abrams Capital Management, L.p. 10 percent owner 222 BERKELEY STREET, 21ST FLOOR, BOSTON MA 02116
Abrams Capital Management, Llc 10 percent owner 222 BERKELEY STREET, 21ST FLOOR, BOSTON MA 02116