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FTI Consulting (FRA:FCQ) Cyclically Adjusted FCF per Share : €4.84 (As of Mar. 2024)


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What is FTI Consulting 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.

FTI Consulting's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-7.184. 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 €4.84 for the trailing ten years ended in Mar. 2024.

During the past 12 months, FTI Consulting's average Cyclically Adjusted FCF Growth Rate was 11.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 8.20% 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 FTI Consulting was 35.20% per year. The lowest was 3.80% per year. And the median was 9.20% per year.

As of today (2024-06-08), FTI Consulting's current stock price is €200.00. FTI Consulting's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.84. FTI Consulting's Cyclically Adjusted Price-to-FCF of today is 41.32.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of FTI Consulting was 47.36. The lowest was 10.01. And the median was 19.28.


FTI Consulting Cyclically Adjusted FCF per Share Historical Data

The historical data trend for FTI Consulting'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.

FTI Consulting Cyclically Adjusted FCF per Share Chart

FTI Consulting 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 3.39 3.43 4.51 4.92 4.88

FTI Consulting 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 4.31 4.24 4.39 4.88 4.84

Competitive Comparison of FTI Consulting's Cyclically Adjusted FCF per Share

For the Consulting Services subindustry, FTI Consulting'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.


FTI Consulting's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, FTI Consulting's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



FTI Consulting 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, FTI Consulting'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)
=-7.184/131.7762*131.7762
=-7.184

Current CPI (Mar. 2024) = 131.7762.

FTI Consulting Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.489 100.560 0.641
201409 1.665 100.428 2.185
201412 2.121 99.070 2.821
201503 -1.346 99.621 -1.780
201506 0.255 100.684 0.334
201509 1.420 100.392 1.864
201512 1.971 99.792 2.603
201603 -0.861 100.470 -1.129
201606 1.457 101.688 1.888
201609 1.272 101.861 1.646
201612 2.613 101.863 3.380
201703 -2.242 102.862 -2.872
201706 0.081 103.349 0.103
201709 2.208 104.136 2.794
201712 2.507 104.011 3.176
201803 -1.658 105.290 -2.075
201806 0.583 106.317 0.723
201809 2.415 106.507 2.988
201812 3.185 105.998 3.960
201903 -2.599 107.251 -3.193
201906 0.861 108.070 1.050
201909 2.990 108.329 3.637
201912 2.980 108.420 3.622
202003 -3.123 108.902 -3.779
202006 3.456 108.767 4.187
202009 2.297 109.815 2.756
202012 4.087 109.897 4.901
202103 -4.182 111.754 -4.931
202106 2.483 114.631 2.854
202109 4.139 115.734 4.713
202112 4.564 117.630 5.113
202203 -5.512 121.301 -5.988
202206 0.580 125.017 0.611
202209 3.234 125.227 3.403
202212 5.688 125.222 5.986
202303 -7.166 127.348 -7.415
202306 -0.570 128.729 -0.583
202309 2.430 129.860 2.466
202312 9.653 129.419 9.829
202403 -7.184 131.776 -7.184

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


FTI Consulting  (FRA:FCQ) 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.

FTI Consulting's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=200.00/4.84
=41.32

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of FTI Consulting was 47.36. The lowest was 10.01. And the median was 19.28.


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.


FTI Consulting Cyclically Adjusted FCF per Share Related Terms

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


FTI Consulting (FRA:FCQ) Business Description

Industry
Traded in Other Exchanges
Address
555 12th Street NW, Suite 700, Washington, DC, USA, 20004
FTI Consulting Inc is a firm that generates its sales by providing professional business advisory services to customers. The company operates through five segments, namely corporate finance and restructuring, forensic and litigation consulting, economic consulting, technology, and strategic communications. Customers of the company come from a wide array of sectors, including construction, energy and power, environmental, financial institutions, healthcare and life science, insurance, real estate and infrastructure, retail and consumer products, telecom, media, and technology. The majority of the company's revenue is derived from serving customers in the United States.

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