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Cash Converters International (ASX:CCV) Cyclically Adjusted Price-to-FCF : 21.50 (As of May. 15, 2024)


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What is Cash Converters International Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Cash Converters International's current share price is A$0.215. Cash Converters International's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was A$0.01. Cash Converters International's Cyclically Adjusted Price-to-FCF for today is 21.50.

The historical rank and industry rank for Cash Converters International's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ASX:CCV' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.5   Med: 22   Max: 43.33
Current: 20.85

During the past 13 years, Cash Converters International's highest Cyclically Adjusted Price-to-FCF was 43.33. The lowest was 7.50. And the median was 22.00.

ASX:CCV's Cyclically Adjusted Price-to-FCF is ranked worse than
68.05% of 435 companies
in the Retail - Cyclical industry
Industry Median: 13 vs ASX:CCV: 20.85

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.

Cash Converters International's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was A$-0.026. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is A$0.01 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cash Converters International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cash Converters International'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.

Cash Converters International Cyclically Adjusted Price-to-FCF Chart

Cash Converters International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.59 17.42 25.14 17.76 22.88

Cash Converters International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 17.76 - 22.88 -

Competitive Comparison of Cash Converters International's Cyclically Adjusted Price-to-FCF

For the Specialty Retail subindustry, Cash Converters International'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.


Cash Converters International's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Cash Converters International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Cash Converters International 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.

Cash Converters International's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.215/0.01
=21.50

* 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.

Cash Converters International's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Cash Converters International's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.026/124.1700*124.1700
=-0.026

Current CPI (Jun23) = 124.1700.

Cash Converters International Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.005 98.352 -0.006
201506 0.005 99.838 0.006
201606 0.044 100.859 0.054
201706 0.071 102.809 0.086
201806 -0.061 104.945 -0.072
201906 -0.064 106.617 -0.075
202006 0.107 106.246 0.125
202106 -0.003 110.332 -0.003
202206 0.009 117.112 0.010
202306 -0.026 124.170 -0.026

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.


Cash Converters International  (ASX:CCV) 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.


Cash Converters International Cyclically Adjusted Price-to-FCF Related Terms

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


Cash Converters International (ASX:CCV) Business Description

Traded in Other Exchanges
N/A
Address
141 St Georges Terrace, Level 11, Perth, WA, AUS, 6000
Cash Converters International Ltd is a franchised retail network that specializes in the sale of second-hand goods. It operates through three business segments. Store Operations segment, which is the key revenue driver, involves the retail sale of new and second-hand goods, cash advance, and pawnbroking operations. Personal Finance segment comprises the Cash Converters Personal Finance personal loans business. The vehicle Financing segment comprises Green Light Auto Group, which provides motor vehicle finance. It operates in two geographical areas Australia and the United Kingdom. The company generates the majority of its revenue from the Personal finance segment.