GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Oxford Square Capital Corp (NAS:OXSQ) » Definitions » Cyclically Adjusted Price-to-FCF

Oxford Square Capital (Oxford Square Capital) Cyclically Adjusted Price-to-FCF : 2.32 (As of Apr. 27, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Oxford Square Capital Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Oxford Square Capital's current share price is $3.20. Oxford Square Capital's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.38. Oxford Square Capital's Cyclically Adjusted Price-to-FCF for today is 2.32.

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

OXSQ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.07   Med: 11.27   Max: 115.17
Current: 2.31

During the past years, Oxford Square Capital's highest Cyclically Adjusted Price-to-FCF was 115.17. The lowest was 2.07. And the median was 11.27.

OXSQ's Cyclically Adjusted Price-to-FCF is ranked better than
93.29% of 507 companies
in the Asset Management industry
Industry Median: 20.19 vs OXSQ: 2.31

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.

Oxford Square Capital's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.171. 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 $1.38 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oxford Square Capital Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Oxford Square 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.

* Premium members only.

Oxford Square Capital Cyclically Adjusted Price-to-FCF Chart

Oxford Square Capital 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 - - 34.39 4.03 2.07

Oxford Square Capital 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 4.03 2.80 2.12 2.18 2.07

Competitive Comparison of Oxford Square Capital's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Oxford Square 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.


Oxford Square Capital's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



Oxford Square 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.

Oxford Square Capital's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.20/1.38
=2.32

* 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.

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

For example, Oxford Square Capital'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)
=0.171/129.4194*129.4194
=0.171

Current CPI (Dec. 2023) = 129.4194.

Oxford Square Capital Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.288 99.695 0.374
201406 -0.512 100.560 -0.659
201409 0.467 100.428 0.602
201412 -0.972 99.070 -1.270
201503 0.278 99.621 0.361
201506 0.608 100.684 0.782
201509 -0.141 100.392 -0.182
201512 2.776 99.792 3.600
201603 0.556 100.470 0.716
201606 0.526 101.688 0.669
201609 0.911 101.861 1.157
201612 0.973 101.863 1.236
201703 1.775 102.862 2.233
201706 0.767 103.349 0.960
201709 0.793 104.136 0.986
201712 0.357 104.011 0.444
201803 0.681 105.290 0.837
201806 -0.008 106.317 -0.010
201809 -1.929 106.507 -2.344
201812 0.550 105.998 0.672
201903 0.277 107.251 0.334
201906 -0.187 108.070 -0.224
201909 0.265 108.329 0.317
201912 0.642 108.420 0.766
202003 0.475 108.902 0.564
202006 0.448 108.767 0.533
202009 -0.255 109.815 -0.301
202012 1.253 109.897 1.476
202103 -0.287 111.754 -0.332
202106 -0.985 114.631 -1.112
202109 -0.784 115.734 -0.877
202112 -0.110 117.630 -0.121
202203 0.224 121.301 0.239
202206 0.266 125.017 0.275
202209 -0.112 125.227 -0.116
202212 0.032 125.222 0.033
202303 0.137 127.348 0.139
202306 0.421 128.729 0.423
202309 0.486 129.860 0.484
202312 0.171 129.419 0.171

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.


Oxford Square Capital  (NAS:OXSQ) 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.


Oxford Square Capital Cyclically Adjusted Price-to-FCF Related Terms

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


Oxford Square Capital (Oxford Square Capital) Business Description

Traded in Other Exchanges
Address
8 Sound Shore Drive, Suite 255, Greenwich, CT, USA, 06830
Oxford Square Capital Corp is a closed-end, non-diversified management investment company with a focus is to seek an attractive risk-adjusted total return by investing in corporate debt securities and collateralized loan obligation (CLO) structured finance investments that own corporate debt securities. its capital is generally used by its corporate borrowers to finance organic growth, acquisitions, recapitalizations, and working capital. The group invests in various industries such as Structured Finance, IT Consulting, Business Services, Utilities, Software, Healthcare, Telecommunication Services, Plastics Manufacturing, and Diversified Insurance.
Executives
Saul B Rosenthal officer: COO, Secretary and Treasurer 8 SOUND SHORE DR STE 215, GREENWICH CT 06830
Jonathan H Cohen director, officer: CEO, President and Director 8 SOUND SHORE DR STE 215, GREENWICH CT 06830
Barry Osherow director 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
Steven P Novak director 3031 TISCH WAY, STE 900, SAN JOSE CA 95128
George Iii Stelljes director C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
Richard W Neu director 1100 WILSON BOULEVARD, SUITE 3000, ARLINGTON VA 22209
Bruce L. Rubin officer: CFO, CAO, SEC, TREAS TICC CAPITAL CORP., 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
Gerald Cummins officer: Chief Compliance Officer C/O OXFORD LANE CAPITAL CORP., 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
Patrick Conroy officer: Chief Financial Officer 8 SOUND SHORE DRIVE STE 215, GREENWICH CT 06830
Tonia L Pankopf director 8 SOUND SHORE DR STE 215, GREENWICH CT 06830
Charles M Royce director C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151
G Peter Obrien director C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151
Lee D Stern officer: Executive Vice President C/O AECOM TECHNOLOGY CORPORATION, 555 S. FLOWER STREET, SUITE 3700, LOS ANGELES CA 90071

Oxford Square Capital (Oxford Square Capital) Headlines