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GAMCO Investors (GAMCO Investors) Cyclically Adjusted Price-to-FCF : 5.37 (As of Apr. 27, 2024)


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What is GAMCO Investors Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), GAMCO Investors's current share price is $22.40. GAMCO Investors's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2023 was $4.17. GAMCO Investors's Cyclically Adjusted Price-to-FCF for today is 5.37.

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

GAMI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.86   Med: 6.51   Max: 19.65
Current: 5.38

During the past years, GAMCO Investors's highest Cyclically Adjusted Price-to-FCF was 19.65. The lowest was 2.86. And the median was 6.51.

GAMI's Cyclically Adjusted Price-to-FCF is ranked better than
84.02% of 507 companies
in the Asset Management industry
Industry Median: 20.19 vs GAMI: 5.38

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.

GAMCO Investors's adjusted free cash flow per share data for the three months ended in Jun. 2023 was $0.725. 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 $4.17 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


GAMCO Investors Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for GAMCO Investors'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.

GAMCO Investors Cyclically Adjusted Price-to-FCF Chart

GAMCO Investors 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 5.77 4.53 5.69 3.32 -

GAMCO Investors Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 3.78 3.32 4.39 4.60 -

Competitive Comparison of GAMCO Investors's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, GAMCO Investors'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.


GAMCO Investors's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



GAMCO Investors 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=22.40/4.17
=5.37

* 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.

GAMCO Investors's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, GAMCO Investors's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.725/128.7287*128.7287
=0.725

Current CPI (Jun. 2023) = 128.7287.

GAMCO Investors Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 0.858 98.790 1.118
201312 -0.564 98.326 -0.738
201403 1.635 99.695 2.111
201406 2.245 100.560 2.874
201409 0.891 100.428 1.142
201412 -2.291 99.070 -2.977
201503 3.243 99.621 4.191
201506 2.034 100.684 2.601
201509 2.377 100.392 3.048
201512 -0.840 99.792 -1.084
201603 1.027 100.470 1.316
201606 0.586 101.688 0.742
201609 1.889 101.861 2.387
201612 0.337 101.863 0.426
201703 2.015 102.862 2.522
201706 0.442 103.349 0.551
201709 -0.363 104.136 -0.449
201712 2.025 104.011 2.506
201803 1.834 105.290 2.242
201806 1.139 106.317 1.379
201809 0.741 106.507 0.896
201812 0.375 105.998 0.455
201903 1.032 107.251 1.239
201906 0.685 108.070 0.816
201909 1.422 108.329 1.690
201912 0.121 108.420 0.144
202003 -0.380 108.902 -0.449
202006 1.168 108.767 1.382
202009 0.628 109.815 0.736
202012 0.115 109.897 0.135
202103 1.364 111.754 1.571
202106 0.657 114.631 0.738
202109 1.332 115.734 1.482
202112 0.228 117.630 0.250
202203 0.555 121.301 0.589
202206 0.636 125.017 0.655
202209 1.003 125.227 1.031
202212 1.159 125.222 1.191
202303 0.484 127.348 0.489
202306 0.725 128.729 0.725

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.


GAMCO Investors  (OTCPK:GAMI) 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.


GAMCO Investors Cyclically Adjusted Price-to-FCF Related Terms

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


GAMCO Investors (GAMCO Investors) Business Description

Traded in Other Exchanges
Address
191 Mason Street, Greenwich, CT, USA, 06830
GAMCO Investors Inc is a provider of investment advisory services to open-end funds, closed-end funds, Exchange Traded Managed Funds (ETMFs), and institutional and private wealth management investors principally in the United States. The company invests in a variety of U.S. and international securities through various investment styles including value, growth, non-market correlated, and convertible securities. Its revenues are based primarily on the company's levels of assets under management (AUM) and fees associated with our various investment products. Its AUM are organized into three groups; Open and Closed-End Funds; Institutional and Private Wealth Management; and SICAV.
Executives
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Alexis Glick director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Associated Capital Group, Inc. 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Kieran Caterina officer: Acting Co-CFO ONE CORPORATE CENTER, RYE NY 10580
Van Der Eb Henry other: Senior Vice President 100 CORPORATE NORTH, SUITE 201, BANNOCKBURN IL 60015
Peter D. Goldstein officer: General Counsel 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Mario J Gabelli director, 10 percent owner, officer: Chairman of the Board and CEO 191 MASON STREET, GREENWICH CT 06830
Leslie B Daniels director 540 MADISON, 22ND FLOOR, NEW YORK NY 10022
Elisa M. Wilson director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Raymond Avansino director C/O ONE CORPORTATE CENTER, RYE NY 10580
Frederick J. Mancheski Revocable Trust Indenture, Dated June 8, 1999, As Amended 10 percent owner C/O COLLIER, HALPERN & NEWBERG, LLP, ONE NORTH LEXINGTON AVENUE, 15TH FLOOR, WHITE PLAINS NY 10601
Diane Lapointe officer: Acting Co-CFO ONE CORPORATE CENTER, RYE NY 10580
Ggcp Holdings Llc 10 percent owner 140 GREENWICH AVENUE, GREENWICH CT 06830
Gabelli Securities Inc 10 percent owner ONE CORPORATE CENTER, RYE NY 10580
Kevin Handwerker officer: Executive VP & General Counsel