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Atlanticus Holdings (Atlanticus Holdings) Cyclically Adjusted FCF per Share : $7.63 (As of Dec. 2023)


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What is Atlanticus Holdings 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.

Atlanticus Holdings's adjusted free cash flow per share for the three months ended in Dec. 2023 was $7.101. 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 $7.63 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Atlanticus Holdings's average Cyclically Adjusted FCF Growth Rate was 60.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 55.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 33.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -3.90% 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 Atlanticus Holdings was 55.50% per year. The lowest was -29.60% per year. And the median was -9.70% per year.

As of today (2024-04-27), Atlanticus Holdings's current stock price is $27.11. Atlanticus Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $7.63. Atlanticus Holdings's Cyclically Adjusted Price-to-FCF of today is 3.55.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Atlanticus Holdings was 35.90. The lowest was 0.19. And the median was 1.66.


Atlanticus Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Atlanticus Holdings'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.

Atlanticus Holdings Cyclically Adjusted FCF per Share Chart

Atlanticus Holdings 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 1.90 2.03 2.79 4.76 7.63

Atlanticus Holdings 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 4.76 5.43 6.13 6.87 7.63

Competitive Comparison of Atlanticus Holdings's Cyclically Adjusted FCF per Share

For the Credit Services subindustry, Atlanticus Holdings'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.


Atlanticus Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

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

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



Atlanticus Holdings 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, Atlanticus Holdings'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)
=7.101/129.4194*129.4194
=7.101

Current CPI (Dec. 2023) = 129.4194.

Atlanticus Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.099 99.695 -1.427
201406 -0.163 100.560 -0.210
201409 -0.320 100.428 -0.412
201412 -0.186 99.070 -0.243
201503 -0.684 99.621 -0.889
201506 -0.093 100.684 -0.120
201509 0.201 100.392 0.259
201512 0.572 99.792 0.742
201603 0.625 100.470 0.805
201606 0.275 101.688 0.350
201609 0.855 101.861 1.086
201612 1.017 101.863 1.292
201703 0.170 102.862 0.214
201706 0.569 103.349 0.713
201709 -1.613 104.136 -2.005
201712 -1.059 104.011 -1.318
201803 -0.738 105.290 -0.907
201806 1.495 106.317 1.820
201809 -0.888 106.507 -1.079
201812 3.026 105.998 3.695
201903 2.034 107.251 2.454
201906 0.651 108.070 0.780
201909 1.941 108.329 2.319
201912 1.878 108.420 2.242
202003 1.793 108.902 2.131
202006 2.378 108.767 2.830
202009 3.166 109.815 3.731
202012 3.172 109.897 3.735
202103 2.518 111.754 2.916
202106 3.411 114.631 3.851
202109 0.711 115.734 0.795
202112 3.177 117.630 3.495
202203 4.022 121.301 4.291
202206 3.662 125.017 3.791
202209 4.852 125.227 5.014
202212 5.199 125.222 5.373
202303 5.212 127.348 5.297
202306 5.647 128.729 5.677
202309 6.172 129.860 6.151
202312 7.101 129.419 7.101

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


Atlanticus Holdings  (NAS:ATLC) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=27.11/7.63
=3.55

* 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 Atlanticus Holdings was 35.90. The lowest was 0.19. And the median was 1.66.


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.


Atlanticus Holdings Cyclically Adjusted FCF per Share Related Terms

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


Atlanticus Holdings (Atlanticus Holdings) Business Description

Traded in Other Exchanges
Address
Five Concourse Parkway, Suite 300, Atlanta, GA, USA, 30328
Atlanticus Holdings Corp invests in the financial services industry. It provides various credit and related financial services and products to or associated with the financially underserved consumer credit market. The operating business segments are the Credit as a Service and the Auto Finance segment. It generates maximum revenue from the Credit as a Service segment.
Executives
Deal W Hudson director FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Denise M Harrod director FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
James Dennis H Jr director FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
David G Hanna director, 10 percent owner, officer: CEO & Chairman of the Board FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
William Mccamey officer: CFO and Treasurer FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Mitchell Saunders officer: Chief Accounting Officer FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Thomas G Rosencrants director C/O ATLANTICUS HOLDINGS CORPORATION, FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Mack F Mattingly director C/O ATLANTICUS HOLDINGS CORPORATION, FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Jeffrey A. Howard director, officer: President FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Joann G Jones director FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Kimberly M Hanna 10 percent owner FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Sally R Hanna 10 percent owner FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Richard W Gilbert officer: Chief Operating Officer C/O ATLANTICUS HOLDINGS CORP, FIVE CONCOURSE PARKWAY, SUITE 300 GA 30328
Jpmorgan Chase & Co 10 percent owner 383 MADISON AVENUE, NEW YORK NY 10017
Hanna Frank J Iii director, 10 percent owner FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328