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SSSS (SuRo Capital) Cyclically Adjusted FCF per Share : $1.31 (As of Jun. 2024)


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What is SuRo Capital 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.

SuRo Capital's adjusted free cash flow per share for the three months ended in Jun. 2024 was $0.554. 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 $1.31 for the trailing ten years ended in Jun. 2024.

During the past 12 months, SuRo Capital's average Cyclically Adjusted FCF Growth Rate was 118.30% 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.

As of today (2024-09-20), SuRo Capital's current stock price is $3.95. SuRo Capital's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was $1.31. SuRo Capital's Cyclically Adjusted Price-to-FCF of today is 3.02.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SuRo Capital was 15.65. The lowest was 2.91. And the median was 5.51.


SuRo Capital Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SuRo Capital'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.

SuRo Capital Cyclically Adjusted FCF per Share Chart

SuRo Capital 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 - -3.70 -0.59 0.55 1.01

SuRo Capital Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.60 1.08 1.01 1.26 1.31

Competitive Comparison of SuRo Capital's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, SuRo Capital'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.


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

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

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



SuRo Capital 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, SuRo Capital's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.554/132.5538*132.5538
=0.554

Current CPI (Jun. 2024) = 132.5538.

SuRo Capital Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.743 100.428 0.981
201412 -1.094 99.070 -1.464
201503 0.280 99.621 0.373
201506 0.828 100.684 1.090
201509 2.071 100.392 2.734
201512 -0.773 99.792 -1.027
201603 -0.404 100.470 -0.533
201606 -0.245 101.688 -0.319
201609 0.611 101.861 0.795
201612 -0.140 101.863 -0.182
201703 -0.314 102.862 -0.405
201706 -0.237 103.349 -0.304
201709 0.187 104.136 0.238
201712 3.045 104.011 3.881
201803 0.465 105.290 0.585
201806 0.187 106.317 0.233
201809 -0.129 106.507 -0.161
201812 -0.281 105.998 -0.351
201903 -0.136 107.251 -0.168
201906 1.529 108.070 1.875
201909 -0.232 108.329 -0.284
201912 0.605 108.420 0.740
202003 0.404 108.902 0.492
202006 -0.945 108.767 -1.152
202009 -0.453 109.815 -0.547
202012 -0.071 109.897 -0.086
202103 5.371 111.754 6.371
202106 0.014 114.631 0.016
202109 0.284 115.734 0.325
202112 1.534 117.630 1.729
202203 -0.044 121.301 -0.048
202206 -0.312 125.017 -0.331
202209 -3.362 125.227 -3.559
202212 0.018 125.222 0.019
202303 0.286 127.348 0.298
202306 -0.388 128.729 -0.400
202309 1.958 129.860 1.999
202312 -1.794 129.419 -1.837
202403 0.896 131.776 0.901
202406 0.554 132.554 0.554

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


SuRo Capital  (NAS:SSSS) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3.95/1.31
=3.02

* 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 SuRo Capital was 15.65. The lowest was 2.91. And the median was 5.51.


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.


SuRo Capital Cyclically Adjusted FCF per Share Related Terms

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


SuRo Capital Business Description

Traded in Other Exchanges
Address
640 Fifth Avenue, 12th Floor, New York, NY, USA, 10019
SuRo Capital Corp is a non-diversified closed-end management investment company. The company's investment objective is to maximize its portfolio's total return, principally by seeking capital gains on its equity and equity-related investments.
Executives
Mark D Klein director, officer: CEO and President 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Allison Green officer: See Remarks C/O GSV CAPITAL CORP., 2925 WOODSIDE ROAD, WOODSIDE CA 94062
Ronald M. Lott director C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Robert S. Birch 10 percent owner 765 PARK AVENUE, APT. 10A, NEW YORK NY 10021
Lisa Westley director C/O GSV CAPITAL CORP., ONE SANSOME STREET, SUITE 730, SAN FRANCISCO CA 94104
Marc Mazur director 31 WEST 52ND ST. 17TH FLOOR, NEW YORK NY 10019
Leonard Potter director C/O SOLAR CAPITAL LLC, 500 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Michael T. Moe director, officer: President and CEO C/O NEXT INNOVATION CORP., 2965 WOODSIDE ROAD, WOODSIDE CA 94062
David S Pottruck director 120 KEARNY STREET, SAN FRANCISCO CA 94108
Brian Taylor 10 percent owner C/O PINE RIVER CAPITAL MANAGEMENT, 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305
Pine River Capital Management L.p. 10 percent owner 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305
Pine River Master Fund Ltd. 10 percent owner C/O PINE RIVER CAPITAL MANAGEMENT L.P., 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305
Mark W. Flynn director C/O NEXT INNOVATION CORP., 2965 WOODSIDE ROAD, WOODSIDE CA 94062
Bradford C. Koenig director C/O GSV CAPITAL CORP., 2925 WOODSIDE ROAD, WOODSIDE CA 94062
William F. Tanona officer: CFO, Treasurer & Secretary 580 EL CERRITO AVENUE, HILLSBOROUGH CA 94010