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Great Elm Group (Great Elm Group) Cyclically Adjusted FCF per Share : $-0.52 (As of Dec. 2023)


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What is Great Elm 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.

Great Elm Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.461. 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 $-0.52 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 42.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 25.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 14.00% 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 Great Elm Group was 42.90% per year. The lowest was -6.10% per year. And the median was 16.00% per year.

As of today (2024-04-29), Great Elm Group's current stock price is $1.88. Great Elm Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-0.52. Great Elm Group's Cyclically Adjusted Price-to-FCF of today is .


Great Elm Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Great Elm 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.

Great Elm Group Cyclically Adjusted FCF per Share Chart

Great Elm Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.46 -2.26 -2.09 -1.46 -0.42

Great Elm Group 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 -1.00 -0.53 -0.42 -0.59 -0.52

Competitive Comparison of Great Elm Group's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, Great Elm 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.


Great Elm Group's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



Great Elm 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, Great Elm 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)
=-0.461/129.4194*129.4194
=-0.461

Current CPI (Dec. 2023) = 129.4194.

Great Elm Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.664 99.695 -0.862
201406 7.636 100.560 9.827
201409 -2.905 100.428 -3.744
201412 -0.957 99.070 -1.250
201503 -0.941 99.621 -1.222
201506 -0.974 100.684 -1.252
201509 -0.782 100.392 -1.008
201512 -0.968 99.792 -1.255
201603 -1.298 100.470 -1.672
201606 -0.542 101.688 -0.690
201609 -1.101 101.861 -1.399
201612 0.335 101.863 0.426
201703 -0.116 102.862 -0.146
201706 -0.032 103.349 -0.040
201709 -0.084 104.136 -0.104
201712 -0.047 104.011 -0.058
201803 0.003 105.290 0.004
201806 -0.033 106.317 -0.040
201809 -0.034 106.507 -0.041
201812 -0.044 105.998 -0.054
201903 -0.017 107.251 -0.021
201906 -0.101 108.070 -0.121
201909 -0.038 108.329 -0.045
201912 0.002 108.420 0.002
202003 -0.018 108.902 -0.021
202006 0.227 108.767 0.270
202009 0.003 109.815 0.004
202012 -0.190 109.897 -0.224
202103 -0.823 111.754 -0.953
202106 0.001 114.631 0.001
202109 -0.138 115.734 -0.154
202112 0.253 117.630 0.278
202203 0.458 121.301 0.489
202206 0.529 125.017 0.548
202209 -0.020 125.227 -0.021
202212 0.047 125.222 0.049
202303 -0.143 127.348 -0.145
202306 0.010 128.729 0.010
202309 -0.146 129.860 -0.146
202312 -0.461 129.419 -0.461

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


Great Elm Group  (NAS:GEG) 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.


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.


Great Elm Group Cyclically Adjusted FCF per Share Related Terms

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


Great Elm Group (Great Elm Group) Business Description

Traded in Other Exchanges
Address
800 South Street, Suite 230, Waltham, MA, USA, 02453
Great Elm Group Inc operates as a holding company. It focuses on growing a scalable and diversified portfolio of long-duration, permanent capital vehicles across corporate credit, specialty finance, real estate, and other asset classes. The company's only segment is investment management.
Executives
Jason W. Reese director, 10 percent owner C/O IMPERIAL CAPITAL ASSET MANAGEMENT, L, 10100 SANTA MONICA BLVD. SUITE 2400, LOS ANGELES CA 90067
James H Hugar director C/O VITESSE SEMICONDUCTOR CORPORATION, 4721 CALLE CARGA, CAMARILLO CA 93012
Matthew A Drapkin director 10 CORBIN DRIVE, 3RD FLOOR, DARIEN CT 06820
Northern Right Capital Management, L.p. 10 percent owner, other: Member of 13D 10% Group 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Keri Davis officer: Chief Financial Officer 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Imperial Capital Group Holdings Ii, Llc 10 percent owner 3801 PGA BOULEVARD, SUITE 603, PALM BEACH GARDENS FL 33410
Adam M Kleinman officer: President 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Peter A Reed officer: Chief Executive Officer C/O UNWIRED PLANET, INC., 170 S. VIRGINIA STREET SUITE 201, RENO NV 89501
Nichole Milz officer: Chief Operating Officer 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Nrc Partners I, Lp 10 percent owner 9 OLD KINGS HIGHWAY SOUTH, 4TH FLOOR, DARIEN CT 06820
Northern Right Capital (qp), L.p. 10 percent owner 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Bc Advisors Llc 10 percent owner 500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
David Matter director 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Thomas S Harbin director SOURCE CAPITAL, LLC, 75 FOURTEENTH STREET, SUITE 2700, ATLANTA GA 30309
James P Parmelee director 100 UNION SQUARE DRIVE, NEW HOPE PA 18938

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