GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Piper Sandler Cos (FRA:PJR) » Definitions » Cyclically Adjusted FCF per Share

Piperndler Cos (FRA:PJR) Cyclically Adjusted FCF per Share : €17.99 (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Piperndler Cos 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.

Piperndler Cos's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-10.431. 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 €17.99 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Piperndler Cos's average Cyclically Adjusted FCF Growth Rate was 3.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 25.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 64.10% 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 Piperndler Cos was 310.20% per year. The lowest was 13.20% per year. And the median was 44.15% per year.

As of today (2024-05-20), Piperndler Cos's current stock price is €192.00. Piperndler Cos's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €17.99. Piperndler Cos's Cyclically Adjusted Price-to-FCF of today is 10.67.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Piperndler Cos was 1164.80. The lowest was 4.13. And the median was 10.98.


Piperndler Cos Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Piperndler Cos'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.

Piperndler Cos Cyclically Adjusted FCF per Share Chart

Piperndler Cos 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 7.30 11.23 15.35 17.53 18.13

Piperndler Cos 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 16.78 17.41 19.63 18.13 17.99

Competitive Comparison of Piperndler Cos's Cyclically Adjusted FCF per Share

For the Capital Markets subindustry, Piperndler Cos'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.


Piperndler Cos's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Piperndler Cos's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Piperndler Cos 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, Piperndler Cos'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)
=-10.431/131.7762*131.7762
=-10.431

Current CPI (Mar. 2024) = 131.7762.

Piperndler Cos Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 7.059 100.560 9.250
201409 -3.597 100.428 -4.720
201412 -4.440 99.070 -5.906
201503 -10.669 99.621 -14.113
201506 10.639 100.684 13.924
201509 18.505 100.392 24.290
201512 5.837 99.792 7.708
201603 -5.156 100.470 -6.763
201606 9.128 101.688 11.829
201609 -1.556 101.861 -2.013
201612 -3.719 101.863 -4.811
201703 11.726 102.862 15.022
201706 -0.265 103.349 -0.338
201709 16.712 104.136 21.148
201712 -14.322 104.011 -18.145
201803 8.781 105.290 10.990
201806 9.014 106.317 11.173
201809 3.913 106.507 4.841
201812 9.595 105.998 11.928
201903 1.773 107.251 2.178
201906 0.884 108.070 1.078
201909 -1.799 108.329 -2.188
201912 3.069 108.420 3.730
202003 14.772 108.902 17.875
202006 8.125 108.767 9.844
202009 8.857 109.815 10.628
202012 12.412 109.897 14.883
202103 -13.918 111.754 -16.412
202106 13.182 114.631 15.154
202109 10.334 115.734 11.766
202112 24.621 117.630 27.582
202203 -25.673 121.301 -27.890
202206 1.361 125.017 1.435
202209 3.284 125.227 3.456
202212 8.632 125.222 9.084
202303 -11.076 127.348 -11.461
202306 1.320 128.729 1.351
202309 1.285 129.860 1.304
202312 22.241 129.419 22.646
202403 -10.431 131.776 -10.431

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


Piperndler Cos  (FRA:PJR) 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.

Piperndler Cos's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=192.00/17.99
=10.67

* 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 Piperndler Cos was 1164.80. The lowest was 4.13. And the median was 10.98.


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.


Piperndler Cos Cyclically Adjusted FCF per Share Related Terms

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


Piperndler Cos (FRA:PJR) Business Description

Traded in Other Exchanges
Address
800 Nicollet Mall, Suite 900, Minneapolis, MN, USA, 55402
Piper Sandler Cos is an investment banking company. Investment banking services include financial advisory services, management of and participation in underwriting, and public finance activities. It generates maximum revenue from Advisory services followed by Equity financing. The company focuses on the following sectors: healthcare; energy; consumer; diversified industrials and services; business services; technology; financial services; agriculture, clean technologies, and renewables, focusing on middle-market clients.

Piperndler Cos (FRA:PJR) Headlines

No Headlines