GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » SLR Investment Corp (FRA:ZSL) » Definitions » Cyclically Adjusted FCF per Share

SLR Investment (FRA:ZSL) Cyclically Adjusted FCF per Share : €-0.75 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is SLR Investment 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.

SLR Investment's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.124. 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 €-0.75 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SLR Investment's average Cyclically Adjusted FCF Growth Rate was -142.30% 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 SLR Investment was 15.70% per year. The lowest was -3.70% per year. And the median was 6.00% per year.

As of today (2024-06-08), SLR Investment's current stock price is €15.23. SLR Investment's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-0.75. SLR Investment's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SLR Investment was 33.17. The lowest was 7.01. And the median was 17.06.


SLR Investment Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SLR Investment'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.

SLR Investment Cyclically Adjusted FCF per Share Chart

SLR Investment 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 1.11 0.81 0.66 1.79 -0.47

SLR Investment 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 1.77 1.51 0.92 -0.47 -0.75

Competitive Comparison of SLR Investment's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, SLR Investment'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.


SLR Investment's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



SLR Investment 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, SLR Investment'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)
=0.124/131.7762*131.7762
=0.124

Current CPI (Mar. 2024) = 131.7762.

SLR Investment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.493 100.560 1.956
201409 -2.268 100.428 -2.976
201412 1.816 99.070 2.416
201503 -0.515 99.621 -0.681
201506 -1.697 100.684 -2.221
201509 -2.676 100.392 -3.513
201512 -5.748 99.792 -7.590
201603 -0.022 100.470 -0.029
201606 -4.967 101.688 -6.437
201609 6.269 101.861 8.110
201612 1.968 101.863 2.546
201703 3.186 102.862 4.082
201706 1.488 103.349 1.897
201709 -7.061 104.136 -8.935
201712 -2.044 104.011 -2.590
201803 0.131 105.290 0.164
201806 3.410 106.317 4.227
201809 -0.240 106.507 -0.297
201812 0.576 105.998 0.716
201903 -1.065 107.251 -1.309
201906 0.074 108.070 0.090
201909 -0.623 108.329 -0.758
201912 5.622 108.420 6.833
202003 2.981 108.902 3.607
202006 2.091 108.767 2.533
202009 0.731 109.815 0.877
202012 -6.545 109.897 -7.848
202103 -0.948 111.754 -1.118
202106 3.305 114.631 3.799
202109 -0.767 115.734 -0.873
202112 -4.557 117.630 -5.105
202203 6.537 121.301 7.102
202206 -3.887 125.017 -4.097
202209 -4.203 125.227 -4.423
202212 4.133 125.222 4.349
202303 0.163 127.348 0.169
202306 -2.774 128.729 -2.840
202309 0.676 129.860 0.686
202312 0.643 129.419 0.655
202403 0.124 131.776 0.124

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


SLR Investment  (FRA:ZSL) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SLR Investment was 33.17. The lowest was 7.01. And the median was 17.06.


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.


SLR Investment Cyclically Adjusted FCF per Share Related Terms

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


SLR Investment (FRA:ZSL) Business Description

Traded in Other Exchanges
Address
500 Park Avenue, New York, NY, USA, 10022
SLR Investment Corp is a closed-end investment company that has elected to be treated as a business development company. It provides U.S. middle market businesses and intermediaries with bespoke debt financing solutions to fund working capital, acquisition, refinancing and growth capital requirements.

SLR Investment (FRA:ZSL) Headlines