GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ameriprise Financial Inc (BSP:A1MP34) » Definitions » Cyclically Adjusted Price-to-FCF

Ameriprise Financial (BSP:A1MP34) Cyclically Adjusted Price-to-FCF : 16.89 (As of May. 15, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Ameriprise Financial Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Ameriprise Financial's current share price is R$559.43. Ameriprise Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$33.13. Ameriprise Financial's Cyclically Adjusted Price-to-FCF for today is 16.89.

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

BSP:A1MP34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.91   Med: 16.21   Max: 29.05
Current: 16.41

During the past years, Ameriprise Financial's highest Cyclically Adjusted Price-to-FCF was 29.05. The lowest was 5.91. And the median was 16.21.

BSP:A1MP34's Cyclically Adjusted Price-to-FCF is ranked better than
56.8% of 507 companies
in the Asset Management industry
Industry Median: 20.77 vs BSP:A1MP34: 16.41

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.

Ameriprise Financial's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$16.568. 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 R$33.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ameriprise Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ameriprise Financial'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.

Ameriprise Financial Cyclically Adjusted Price-to-FCF Chart

Ameriprise Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.51 13.52 17.63 14.72 15.03

Ameriprise Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 13.48 14.30 14.02 15.03 16.66

Competitive Comparison of Ameriprise Financial's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Ameriprise Financial'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.


Ameriprise Financial's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



Ameriprise Financial 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.

Ameriprise Financial's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=559.43/33.13
=16.89

* 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.

Ameriprise Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ameriprise Financial's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=16.568/129.4194*129.4194
=16.568

Current CPI (Mar. 2024) = 129.4194.

Ameriprise Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.256 100.560 -0.329
201409 4.731 100.428 6.097
201412 1.362 99.070 1.779
201503 3.671 99.621 4.769
201506 2.425 100.684 3.117
201509 1.757 100.392 2.265
201512 4.146 99.792 5.377
201603 3.117 100.470 4.015
201606 4.493 101.688 5.718
201609 2.330 101.861 2.960
201612 1.460 101.863 1.855
201703 -0.132 102.862 -0.166
201706 3.614 103.349 4.526
201709 1.965 104.136 2.442
201712 1.642 104.011 2.043
201803 -1.191 105.290 -1.464
201806 4.113 106.317 5.007
201809 3.947 106.507 4.796
201812 9.783 105.998 11.945
201903 0.966 107.251 1.166
201906 6.594 108.070 7.897
201909 10.636 108.329 12.707
201912 -2.154 108.420 -2.571
202003 46.346 108.902 55.078
202006 -2.292 108.767 -2.727
202009 9.631 109.815 11.350
202012 -11.015 109.897 -12.972
202103 -11.782 111.754 -13.644
202106 19.687 114.631 22.227
202109 8.990 115.734 10.053
202112 18.283 117.630 20.115
202203 3.908 121.301 4.170
202206 15.101 125.017 15.633
202209 15.470 125.227 15.988
202212 13.642 125.222 14.099
202303 12.015 127.348 12.210
202306 5.798 128.729 5.829
202309 10.087 129.860 10.053
202312 24.256 129.419 24.256
202403 16.568 129.419 16.568

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.


Ameriprise Financial  (BSP:A1MP34) 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.


Ameriprise Financial Cyclically Adjusted Price-to-FCF Related Terms

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


Ameriprise Financial (BSP:A1MP34) Business Description

Traded in Other Exchanges
Address
1099 Ameriprise Financial Center, Minneapolis, MN, USA, 55474
Ameriprise Financial has emerged is a major player in the U.S. market for asset and wealth management, with around $1.3 trillion in total assets under management and advisement at the end of the second quarter of 2023. Ameriprise has one of the largest branded advisor networks in the industry, and about 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and discontinuing the sale of its proprietary fixed annuities in 2020. Around 90% of the company's pretax earnings are from the United States.

Ameriprise Financial (BSP:A1MP34) Headlines

No Headlines