GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Aimia Inc (OTCPK:AIMFF) » Definitions » Cyclically Adjusted FCF per Share

Aimia (AIMFF) Cyclically Adjusted FCF per Share : $0.48 (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Aimia 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.

Aimia's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.064. 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 $0.48 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Aimia's average Cyclically Adjusted FCF Growth Rate was -9.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -12.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -13.60% 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 Aimia was -1.20% per year. The lowest was -14.10% per year. And the median was -12.15% per year.

As of today (2024-04-28), Aimia's current stock price is $1.7325. Aimia's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.48. Aimia's Cyclically Adjusted Price-to-FCF of today is 3.61.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Aimia was 10.74. The lowest was 1.11. And the median was 4.65.


Aimia Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Aimia'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.

Aimia Cyclically Adjusted FCF per Share Chart

Aimia 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 0.86 0.76 0.71 0.52 0.48

Aimia Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.52 0.53 0.48 0.45 0.48

Competitive Comparison of Aimia's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, Aimia'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.


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

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

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



Aimia 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, Aimia'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)
=-0.064/125.4675*125.4675
=-0.064

Current CPI (Dec. 2023) = 125.4675.

Aimia Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.315 98.604 0.401
201406 0.814 99.473 1.027
201409 0.294 99.394 0.371
201412 0.086 98.367 0.110
201503 0.024 99.789 0.030
201506 0.292 100.500 0.365
201509 0.279 100.421 0.349
201512 0.367 99.947 0.461
201603 -0.094 101.054 -0.117
201606 0.225 102.002 0.277
201609 0.434 101.765 0.535
201612 0.599 101.449 0.741
201703 -0.117 102.634 -0.143
201706 0.267 103.029 0.325
201709 0.278 103.345 0.338
201712 0.585 103.345 0.710
201803 0.205 105.004 0.245
201806 0.100 105.557 0.119
201809 0.189 105.636 0.224
201812 0.084 105.399 0.100
201903 -0.232 106.979 -0.272
201906 -0.305 107.690 -0.355
201909 -0.020 107.611 -0.023
201912 -0.085 107.769 -0.099
202003 -0.197 107.927 -0.229
202006 0.110 108.401 0.127
202009 -0.063 108.164 -0.073
202012 -0.106 108.559 -0.123
202103 0.040 110.298 0.046
202106 -0.031 111.720 -0.035
202109 -0.009 112.905 -0.010
202112 0.182 113.774 0.201
202203 -0.016 117.646 -0.017
202206 -0.049 120.806 -0.051
202209 -0.036 120.648 -0.037
202212 -0.053 120.964 -0.055
202303 -0.090 122.702 -0.092
202306 -0.126 124.203 -0.127
202309 0.077 125.230 0.077
202312 -0.064 125.468 -0.064

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


Aimia  (OTCPK:AIMFF) 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.

Aimia's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.7325/0.48
=3.61

* 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 Aimia was 10.74. The lowest was 1.11. And the median was 4.65.


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.


Aimia Cyclically Adjusted FCF per Share Related Terms

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


Aimia (AIMFF) Business Description

Industry
Address
176 Yonge Street, 6th Floor, Toronto, ON, CAN, M5C 2L7
Aimia Inc is a holding company with a focus on making long term investments in public and private companies globally, through controlling or minority stakes. The company through its own operations and subsidiaries operates two reportable and operating segments, namely Holdings, and Investment Management. The Holdings segment includes Aimia's long-term investments in PLM, BIGLife, Kognitiv and Clear Media Limited, as well as various minority investments in public securities. The Investment Management segment includes Mittleman Investment Management, an SEC registered investment adviser of the same name that provides discretionary portfolio management to institutional investors and high-net worth individuals.