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EZCORP (EZCORP) Cyclically Adjusted Price-to-FCF : 12.62 (As of Apr. 28, 2024)


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What is EZCORP Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), EZCORP's current share price is $11.36. EZCORP's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.90. EZCORP's Cyclically Adjusted Price-to-FCF for today is 12.62.

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

EZPW' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.8   Med: 6.97   Max: 14.83
Current: 12.56

During the past years, EZCORP's highest Cyclically Adjusted Price-to-FCF was 14.83. The lowest was 1.80. And the median was 6.97.

EZPW's Cyclically Adjusted Price-to-FCF is ranked worse than
62.75% of 102 companies
in the Credit Services industry
Industry Median: 10.035 vs EZPW: 12.56

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.

EZCORP's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.165. 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 $0.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


EZCORP Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for EZCORP'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.

EZCORP Cyclically Adjusted Price-to-FCF Chart

EZCORP Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.49 4.00 7.04 7.96 9.06

EZCORP 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 8.85 9.97 9.27 9.06 9.66

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

For the Credit Services subindustry, EZCORP'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.


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

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

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



EZCORP 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.36/0.9
=12.62

* 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.

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

For example, EZCORP'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)
=0.165/129.4194*129.4194
=0.165

Current CPI (Dec. 2023) = 129.4194.

EZCORP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.459 99.695 0.596
201406 -0.103 100.560 -0.133
201409 0.456 100.428 0.588
201412 -0.065 99.070 -0.085
201503 0.467 99.621 0.607
201506 0.119 100.684 0.153
201509 0.498 100.392 0.642
201512 -0.102 99.792 -0.132
201603 1.063 100.470 1.369
201606 -0.024 101.688 -0.031
201609 0.063 101.861 0.080
201612 -0.140 101.863 -0.178
201703 0.373 102.862 0.469
201706 0.146 103.349 0.183
201709 0.092 104.136 0.114
201712 0.174 104.011 0.217
201803 0.289 105.290 0.355
201806 0.155 106.317 0.189
201809 0.217 106.507 0.264
201812 0.318 105.998 0.388
201903 0.347 107.251 0.419
201906 0.066 108.070 0.079
201909 0.419 108.329 0.501
201912 -0.296 108.420 -0.353
202003 0.461 108.902 0.548
202006 0.479 108.767 0.570
202009 -0.271 109.815 -0.319
202012 -0.140 109.897 -0.165
202103 0.325 111.754 0.376
202106 0.145 114.631 0.164
202109 0.077 115.734 0.086
202112 0.049 117.630 0.054
202203 0.195 121.301 0.208
202206 0.125 125.017 0.129
202209 0.051 125.227 0.053
202212 0.054 125.222 0.056
202303 0.430 127.348 0.437
202306 0.209 128.729 0.210
202309 0.175 129.860 0.174
202312 0.165 129.419 0.165

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.


EZCORP  (NAS:EZPW) 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.


EZCORP Cyclically Adjusted Price-to-FCF Related Terms

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


EZCORP (EZCORP) Business Description

Industry
Traded in Other Exchanges
Address
2500 Bee Cave Road, Suite 200, Building One, Rollingwood, TX, USA, 78746
EZCORP Inc is a United States-based company engaged in offering pawn loans in the United States and Mexico. It also offers short-term unsecured loans and other consumer financial products, and buy and sell second-hand goods. The operating segments of the company are us Pawn, Latin America Pawn, and other international. us Pawn segment includes all pawn activities in the United States. Latin America Pawn segment includes all pawn activities in Mexico and other parts of Latin America. The company generates revenue from merchandise sales, jewelry scrapping sales, and pawn service charges, of which key revenue is derived from the merchandise sales which are primarily collateral forfeited from pawn lending operations and used merchandise purchased from the customers.
Executives
Nicole Swies officer: Chief Revenue, Operations Off 2500 BEE CAVE ROAD, BLDG. 1, SUITE 200, ROLLINGWOOD TX 78746
Ellen H Bryant officer: V.P., Deputy General Counsel 2500 BEE CAVE ROAD, BLDG. 1, STE. 200, ROLLINGWOOD TX 78746
Robert J Hicks officer: Chief Accounting Officer 2500 BEE CAVE ROAD, BLDG. 1, SUITE 200, ROLLINGWOOD TX 78746
Jason A. Kulas director C/O EZCORP, INC., 2500 BEE CAVE ROAD, BLDG 1 STE 200, ROLLINGWOOD TX 78746
Lisa Vanroekel officer: Chief HR Officer 1601 ELM STREET, SUITE 800, DALLAS TX 75201
Sunil Sajnani officer: VP, Chief Audit Executive 1601 ELM STREET, SUITE 800, DALLAS TX 75201
Timothy Jugmans officer: Interim CFO 2500 BEE CAVE ROAD, BLDG. 1, SUITE 200, ROLLINGWOOD TX 78746
Fred E. Herman officer: Chief Accounting Officer 5501 HEADQUARTERS DRIVE, PLANO TX 75024
Hugo R. Dooner director 2500 BEE CAVE RD, BLDG. 1, SUITE 200, ROLLINGWOOD TX 78746
Wedin Jacob Gustaf Lennart officer: Chief Product & Process Office 9500 VELETTA PLACE, AUSTIN TX 78735
Powell John Blair Jr. officer: Chief Customer Service Officer 2500 BEE CAVE ROAD, BLDG. 1, SUITE 200, ROLLINGWOOD TX 78746
Keith John Robertson officer: Chief Information Officer 2500 BEE CAVE RD., BLD 1 STE 200, ROLLINGWOOD TX 78746
Zena Srivatsa Arnold director 2500 BEE CAVE ROAD, BLDG. 1, SUITE 200, ROLLINGWOOD TX 78746
Webb Robert W.k. director 71 SOUTH WACKER DRIVE, 12TH FLOOR, CHICAGO IL 60606
Shelaghmichael C. Brown director 1511 NANTUCKET, HOUSTON TX 77057