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JZ Capital Partners (LSE:JZCP) Cyclically Adjusted FCF per Share : £0.19 (As of Aug. 2023)


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What is JZ Capital Partners 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.

JZ Capital Partners's adjusted free cash flow per share data for the fiscal year that ended in Feb. 2023 was £0.782. 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 £0.19 for the trailing ten years ended in Feb. 2023.

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.

As of today (2024-05-26), JZ Capital Partners's current stock price is £ 2.15. JZ Capital Partners's Cyclically Adjusted FCF per Share for the fiscal year that ended in Feb. 2023 was £0.19. JZ Capital Partners's Cyclically Adjusted Price-to-FCF of today is 11.32.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of JZ Capital Partners was 33.00. The lowest was 7.89. And the median was 14.09.


JZ Capital Partners Cyclically Adjusted FCF per Share Historical Data

The historical data trend for JZ Capital Partners'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.

JZ Capital Partners Cyclically Adjusted FCF per Share Chart

JZ Capital Partners Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.06 0.11 0.19

JZ Capital Partners Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 - 0.11 - 0.19 -

Competitive Comparison of JZ Capital Partners's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, JZ Capital Partners'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.


JZ Capital Partners's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where JZ Capital Partners's Cyclically Adjusted Price-to-FCF falls into.



JZ Capital Partners 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, JZ Capital Partners's adjusted Free Cash Flow per Share data for the fiscal year that ended in Feb. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Feb. 2023 (Change)*Current CPI (Feb. 2023)
=0.782/126.9276*126.9276
=0.782

Current CPI (Feb. 2023) = 126.9276.

JZ Capital Partners Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201402 -0.068 99.057 -0.087
201502 -0.109 99.032 -0.140
201602 -0.199 100.040 -0.252
201702 -0.084 102.779 -0.104
201802 -0.166 105.052 -0.201
201902 -0.173 106.649 -0.206
202002 0.460 109.139 0.535
202102 0.978 110.968 1.119
202202 0.408 119.703 0.433
202302 0.782 126.928 0.782

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


JZ Capital Partners  (LSE:JZCP) 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.

JZ Capital Partners's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.15/0.19
=11.32

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of JZ Capital Partners was 33.00. The lowest was 7.89. And the median was 14.09.


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.


JZ Capital Partners Cyclically Adjusted FCF per Share Related Terms

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


JZ Capital Partners (LSE:JZCP) Business Description

Traded in Other Exchanges
N/A
Address
Trafalgar Court, P.O. Box 255, Les Banques, Saint Peter Port, GGY, GY1 3QL
JZ Capital Partners Ltd is a closed-end investment company. Its investment objective is to provide a superior overall return, comprised of current yield and capital appreciation. The company segments include Portfolio of US microcap, European microcap, Real estate and Other Investments. It generates maximum revenue from the US microcap investments segment. The company portfolio is diversified across Western Europe. Its strategies include investments in micro-cap buyouts, mezzanine loans and high-yield securities, senior secured debt and second lien loans, real estate and other debt and equity opportunities, including distressed debt and structured financings, derivatives and opportunistic purchase of publicly traded securities.

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