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Ameriprise Financial (BSP:A1MP34) Cyclically Adjusted FCF per Share : R$33.71 (As of Mar. 2024)


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What is Ameriprise Financial Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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 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 the count will get our Cyclically Adjusted FCF per Share, which is R$33.71 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ameriprise Financial's average Cyclically Adjusted FCF Growth Rate was 17.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 20.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 22.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 19.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Ameriprise Financial was 24.20% per year. The lowest was 13.10% per year. And the median was 19.95% per year.

As of today (2024-05-26), Ameriprise Financial's current stock price is R$573.44. Ameriprise Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$33.71. Ameriprise Financial's Cyclically Adjusted Price-to-FCF of today is 17.01.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ameriprise Financial was 29.05. The lowest was 5.91. And the median was 16.19.


Ameriprise Financial Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ameriprise Financial's Cyclically Adjusted FCF per Share 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 FCF per Share Chart

Ameriprise Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 18.10 23.98 27.82 30.69

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 FCF per Share 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 28.86 27.97 29.50 30.69 33.71

Competitive Comparison of Ameriprise Financial's Cyclically Adjusted FCF per Share

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 FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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)
=16.568/131.7762*131.7762
=16.568

Current CPI (Mar. 2024) = 131.7762.

Ameriprise Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.256 100.560 -0.335
201409 4.731 100.428 6.208
201412 1.362 99.070 1.812
201503 3.671 99.621 4.856
201506 2.425 100.684 3.174
201509 1.757 100.392 2.306
201512 4.146 99.792 5.475
201603 3.117 100.470 4.088
201606 4.493 101.688 5.822
201609 2.330 101.861 3.014
201612 1.460 101.863 1.889
201703 -0.132 102.862 -0.169
201706 3.614 103.349 4.608
201709 1.965 104.136 2.487
201712 1.642 104.011 2.080
201803 -1.191 105.290 -1.491
201806 4.113 106.317 5.098
201809 3.947 106.507 4.883
201812 9.783 105.998 12.162
201903 0.966 107.251 1.187
201906 6.594 108.070 8.040
201909 10.636 108.329 12.938
201912 -2.154 108.420 -2.618
202003 46.346 108.902 56.081
202006 -2.292 108.767 -2.777
202009 9.631 109.815 11.557
202012 -11.015 109.897 -13.208
202103 -11.782 111.754 -13.893
202106 19.687 114.631 22.631
202109 8.990 115.734 10.236
202112 18.283 117.630 20.482
202203 3.908 121.301 4.245
202206 15.101 125.017 15.917
202209 15.470 125.227 16.279
202212 13.642 125.222 14.356
202303 12.015 127.348 12.433
202306 5.798 128.729 5.935
202309 10.087 129.860 10.236
202312 24.256 129.419 24.698
202403 16.568 131.776 16.568

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Ameriprise Financial  (BSP:A1MP34) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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 Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=573.44/33.71
=17.01

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ameriprise Financial was 29.05. The lowest was 5.91. And the median was 16.19.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Ameriprise Financial Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Ameriprise Financial's Cyclically Adjusted FCF per Share 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

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