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ECN Capital (ECN Capital) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is ECN Capital Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


ECN Capital Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ECN Capital'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.

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ECN Capital Cyclically Adjusted Price-to-FCF Chart

ECN Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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ECN Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of ECN Capital's Cyclically Adjusted Price-to-FCF

For the Mortgage Finance subindustry, ECN 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.


ECN Capital's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



ECN Capital 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.

ECN Capital's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, ECN Capital's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.173/125.4675*125.4675
=-0.173

Current CPI (Dec23) = 125.4675.

ECN Capital Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -2.853 98.367 -3.639
201512 -1.973 99.947 -2.477
201612 -0.246 101.449 -0.304
201712 0.058 103.345 0.070
201812 -0.665 105.399 -0.792
201912 0.482 107.769 0.561
202012 -0.490 108.559 -0.566
202112 0.520 113.774 0.573
202212 -3.696 120.964 -3.834
202312 -0.173 125.468 -0.173

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.


ECN Capital  (OTCPK:ECNCF) 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.


ECN Capital Cyclically Adjusted Price-to-FCF Related Terms

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ECN Capital (ECN Capital) Business Description

Industry
Traded in Other Exchanges
Address
161 Bay Street, Suite 2800, Toronto, ON, CAN, M5J2S1
ECN Capital Corp is a financial business service provider. The group originates, manages, and advises on credit assets on behalf of its partners, specifically consumer loans and commercial loans. The company's operating segment includes Manufactured Housing Finance, and Recreational Vehicle and Marine (RV and Marine) Finance.