GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Aiful Corp (OTCPK:AIFLY) » Definitions » Cyclically Adjusted Price-to-FCF

Aiful (AIFLY) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Aiful Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aiful Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aiful's Cyclically Adjusted Price-to-FCF 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.

Aiful Cyclically Adjusted Price-to-FCF Chart

Aiful Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.36 14.75 - - -

Aiful Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 - - - - -

Competitive Comparison of Aiful's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, Aiful'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.


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

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

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



Aiful Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Aiful's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Aiful'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)
=-0.184/106.8000*106.8000
=-0.184

Current CPI (Dec. 2023) = 106.8000.

Aiful Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.009 95.700 -0.010
201406 0.039 98.000 0.043
201409 0.169 98.500 0.183
201412 0.078 97.900 0.085
201503 -0.121 97.900 -0.132
201506 -0.070 98.400 -0.076
201509 0.051 98.500 0.055
201512 -0.132 98.100 -0.144
201603 -0.150 97.900 -0.164
201606 -0.162 98.100 -0.176
201609 -0.065 98.000 -0.071
201612 -0.151 98.400 -0.164
201703 -0.124 98.100 -0.135
201706 -0.189 98.500 -0.205
201709 -0.135 98.800 -0.146
201712 -0.171 99.400 -0.184
201803 -0.185 99.200 -0.199
201806 -0.196 99.200 -0.211
201809 -0.069 99.900 -0.074
201812 -0.093 99.700 -0.100
201903 -0.042 99.700 -0.045
201906 -0.100 99.800 -0.107
201909 -0.188 100.100 -0.201
201912 -0.113 100.500 -0.120
202003 -0.109 100.300 -0.116
202006 0.122 99.900 0.130
202009 0.134 99.900 0.143
202012 -0.102 99.300 -0.110
202103 -0.004 99.900 -0.004
202106 0.002 99.500 0.002
202109 -0.028 100.100 -0.030
202112 -0.073 100.100 -0.078
202203 -0.072 101.100 -0.076
202206 -0.144 101.800 -0.151
202209 -0.119 103.100 -0.123
202212 -0.107 104.100 -0.110
202303 -0.201 104.400 -0.206
202306 -0.195 105.200 -0.198
202309 -0.076 106.200 -0.076
202312 -0.184 106.800 -0.184

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


Aiful  (OTCPK:AIFLY) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Aiful Cyclically Adjusted Price-to-FCF Related Terms

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


Aiful (AIFLY) Business Description

Traded in Other Exchanges
Address
381-1, Takasago-cho Gojo-Agaru, Karasuma-Dori, Shimogyo-ku, Kyoto, JPN, 600-8420
Aiful Corp provides consumer financing and consumer credit services exclusively in Japan. The company operates and reports results through four segments: its loan business, its credit card business, and its credit guarantee business, as well as its other segment. The company generates nearly all of its revenue through interest and its largest contributor to revenue is its loan business. The vast majority of the company's loans on its books are unsecured. Other loans include mortgages and small-business loans. The company handles its credit guarantee services in tie-ups with commercial banks.

Aiful (AIFLY) Headlines

No Headlines