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Prosegur Compania De Seguridad (XMAD:PSG) Cyclically Adjusted FCF per Share : €0.24 (As of Dec. 2023)


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What is Prosegur Compania De Seguridad 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.

Prosegur Compania De Seguridad's adjusted free cash flow per share for the three months ended in Dec. 2023 was €0.119. 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 €0.24 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.20% 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 Prosegur Compania De Seguridad was 11.20% per year. The lowest was 10.10% per year. And the median was 10.10% per year.

As of today (2024-04-29), Prosegur Compania De Seguridad's current stock price is €1.63. Prosegur Compania De Seguridad's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.24. Prosegur Compania De Seguridad's Cyclically Adjusted Price-to-FCF of today is 6.79.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Prosegur Compania De Seguridad was 31.50. The lowest was 6.02. And the median was 12.65.


Prosegur Compania De Seguridad Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Prosegur Compania De Seguridad'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.

Prosegur Compania De Seguridad Cyclically Adjusted FCF per Share Chart

Prosegur Compania De Seguridad 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 0.18 0.18 0.22 0.24 0.24

Prosegur Compania De Seguridad 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 0.24 0.24 0.23 0.23 0.24

Competitive Comparison of Prosegur Compania De Seguridad's Cyclically Adjusted FCF per Share

For the Security & Protection Services subindustry, Prosegur Compania De Seguridad'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.


Prosegur Compania De Seguridad's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Prosegur Compania De Seguridad's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Prosegur Compania De Seguridad's Cyclically Adjusted Price-to-FCF falls into.



Prosegur Compania De Seguridad 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, Prosegur Compania De Seguridad'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)
=0.119/121.2698*121.2698
=0.119

Current CPI (Dec. 2023) = 121.2698.

Prosegur Compania De Seguridad Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.033 100.139 0.040
201406 -0.069 101.081 -0.083
201409 0.189 100.441 0.228
201412 0.022 100.251 0.027
201503 0.096 99.474 0.117
201506 -0.053 101.138 -0.064
201509 0.066 99.559 0.080
201512 0.170 100.268 0.206
201603 -0.010 98.638 -0.012
201606 0.022 100.333 0.027
201609 0.076 99.737 0.092
201612 0.082 101.842 0.098
201703 -0.032 100.896 -0.038
201706 -0.043 101.848 -0.051
201709 0.109 101.524 0.130
201712 0.062 102.975 0.073
201803 -0.076 102.122 -0.090
201806 -0.003 104.165 -0.003
201809 0.094 103.818 0.110
201812 0.066 104.193 0.077
201903 -0.003 103.488 -0.004
201906 -0.015 104.612 -0.017
201909 0.087 103.905 0.102
201912 0.212 105.015 0.245
202003 -0.035 103.469 -0.041
202006 0.149 104.254 0.173
202009 0.056 103.521 0.066
202012 0.141 104.456 0.164
202103 -0.012 104.857 -0.014
202106 0.110 107.102 0.125
202109 0.018 107.669 0.020
202112 0.155 111.298 0.169
202203 -0.074 115.153 -0.078
202206 0.011 118.044 0.011
202209 0.055 117.221 0.057
202212 0.253 117.650 0.261
202303 -0.072 118.948 -0.073
202306 0.014 120.278 0.014
202309 0.095 121.343 0.095
202312 0.119 121.270 0.119

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


Prosegur Compania De Seguridad  (XMAD:PSG) 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.

Prosegur Compania De Seguridad's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.63/0.24
=6.79

* 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 Prosegur Compania De Seguridad was 31.50. The lowest was 6.02. And the median was 12.65.


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.


Prosegur Compania De Seguridad Cyclically Adjusted FCF per Share Related Terms

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


Prosegur Compania De Seguridad (XMAD:PSG) Business Description

Traded in Other Exchanges
Address
Calle Pajaritos 24, Madrid, ESP, 28007
Prosegur Compania De Seguridad SA is a security company. The company is organized into segments that include security, cash, alarms, cybersecurity, and AVOS. The company also differs in that much of its revenue and operating profit is derived from cash-in-transit services--that is, armored-car cash pickups--as well as ancillary services, such as ATM management, cash counting, and reconciliation.

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