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GAMCO Investors (GAMCO Investors) Cyclically Adjusted FCF per Share : $4.42 (As of Mar. 2024)


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What is GAMCO Investors 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.

GAMCO Investors's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.812. 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 $4.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, GAMCO Investors's average Cyclically Adjusted FCF Growth Rate was -3.90% 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 GAMCO Investors was 25.80% per year. The lowest was -6.00% per year. And the median was 9.20% per year.

As of today (2024-05-22), GAMCO Investors's current stock price is $25.30. GAMCO Investors's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $4.42. GAMCO Investors's Cyclically Adjusted Price-to-FCF of today is 5.72.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of GAMCO Investors was 19.65. The lowest was 2.86. And the median was 6.56.


GAMCO Investors Cyclically Adjusted FCF per Share Historical Data

The historical data trend for GAMCO Investors'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.

GAMCO Investors Cyclically Adjusted FCF per Share Chart

GAMCO Investors 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 3.38 3.91 4.39 4.60 -

GAMCO Investors Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 4.60 4.31 4.17 - 4.42

Competitive Comparison of GAMCO Investors's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, GAMCO Investors'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.


GAMCO Investors's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



GAMCO Investors 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, GAMCO Investors'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)
=0.812/131.7762*131.7762
=0.812

Current CPI (Mar. 2024) = 131.7762.

GAMCO Investors Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.635 99.695 2.161
201406 2.245 100.560 2.942
201409 0.891 100.428 1.169
201412 -2.291 99.070 -3.047
201503 3.243 99.621 4.290
201506 2.034 100.684 2.662
201509 2.377 100.392 3.120
201512 -0.840 99.792 -1.109
201603 1.027 100.470 1.347
201606 0.586 101.688 0.759
201609 1.889 101.861 2.444
201612 0.337 101.863 0.436
201703 2.015 102.862 2.581
201706 0.442 103.349 0.564
201709 -0.363 104.136 -0.459
201712 2.025 104.011 2.566
201803 1.834 105.290 2.295
201806 1.139 106.317 1.412
201809 0.741 106.507 0.917
201812 0.375 105.998 0.466
201903 1.032 107.251 1.268
201906 0.685 108.070 0.835
201909 1.422 108.329 1.730
201912 0.121 108.420 0.147
202003 -0.380 108.902 -0.460
202006 1.168 108.767 1.415
202009 0.628 109.815 0.754
202012 0.115 109.897 0.138
202103 1.364 111.754 1.608
202106 0.657 114.631 0.755
202109 1.332 115.734 1.517
202112 0.228 117.630 0.255
202203 0.555 121.301 0.603
202206 0.636 125.017 0.670
202209 1.003 125.227 1.055
202212 1.159 125.222 1.220
202303 0.484 127.348 0.501
202306 0.725 128.729 0.742
202312 0.000 129.419 0.000
202403 0.812 131.776 0.812

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


GAMCO Investors  (OTCPK:GAMI) 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.

GAMCO Investors's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=25.30/4.42
=5.72

* 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 GAMCO Investors was 19.65. The lowest was 2.86. And the median was 6.56.


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.


GAMCO Investors Cyclically Adjusted FCF per Share Related Terms

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


GAMCO Investors (GAMCO Investors) Business Description

Traded in Other Exchanges
Address
191 Mason Street, Greenwich, CT, USA, 06830
GAMCO Investors Inc is a provider of investment advisory services to open-end funds, closed-end funds, Exchange Traded Managed Funds (ETMFs), and institutional and private wealth management investors principally in the United States. The company invests in a variety of U.S. and international securities through various investment styles including value, growth, non-market correlated, and convertible securities. Its revenues are based primarily on the company's levels of assets under management (AUM) and fees associated with our various investment products. Its AUM are organized into three groups; Open and Closed-End Funds; Institutional and Private Wealth Management; and SICAV.
Executives
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Alexis Glick director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Associated Capital Group, Inc. 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Kieran Caterina officer: Acting Co-CFO ONE CORPORATE CENTER, RYE NY 10580
Van Der Eb Henry other: Senior Vice President 100 CORPORATE NORTH, SUITE 201, BANNOCKBURN IL 60015
Peter D. Goldstein officer: General Counsel 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Mario J Gabelli director, 10 percent owner, officer: Chairman of the Board and CEO 191 MASON STREET, GREENWICH CT 06830
Leslie B Daniels director 540 MADISON, 22ND FLOOR, NEW YORK NY 10022
Elisa M. Wilson director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Raymond Avansino director C/O ONE CORPORTATE CENTER, RYE NY 10580
Frederick J. Mancheski Revocable Trust Indenture, Dated June 8, 1999, As Amended 10 percent owner C/O COLLIER, HALPERN & NEWBERG, LLP, ONE NORTH LEXINGTON AVENUE, 15TH FLOOR, WHITE PLAINS NY 10601
Diane Lapointe officer: Acting Co-CFO ONE CORPORATE CENTER, RYE NY 10580
Ggcp Holdings Llc 10 percent owner 140 GREENWICH AVENUE, GREENWICH CT 06830
Gabelli Securities Inc 10 percent owner ONE CORPORATE CENTER, RYE NY 10580
Kevin Handwerker officer: Executive VP & General Counsel