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P10 Holdings (STU:AC3B) Cyclically Adjusted FCF per Share : €0.00 (As of Dec. 2020)


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What is P10 Holdings 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.

P10 Holdings's adjusted free cash flow per share for the three months ended in Dec. 2020 was €-0.050. 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 €0.00 for the trailing ten years ended in Dec. 2020.

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 (2024-05-22), P10 Holdings's current stock price is €0.149. P10 Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2020 was €0.00. P10 Holdings's Cyclically Adjusted Price-to-FCF of today is .


P10 Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for P10 Holdings'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.

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P10 Holdings Cyclically Adjusted FCF per Share Chart

P10 Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted FCF per Share
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P10 Holdings Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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Competitive Comparison of P10 Holdings's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, P10 Holdings'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.


P10 Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, P10 Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where P10 Holdings's Cyclically Adjusted Price-to-FCF falls into.



P10 Holdings 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, P10 Holdings's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2020 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2020 (Change)*Current CPI (Dec. 2020)
=-0.05/109.8968*109.8968
=-0.050

Current CPI (Dec. 2020) = 109.8968.

P10 Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201103 -0.138 94.283 -0.161
201106 -0.227 95.235 -0.262
201109 -0.066 95.727 -0.076
201112 0.034 95.213 0.039
201203 -0.535 96.783 -0.607
201206 -0.637 96.819 -0.723
201209 -0.152 97.633 -0.171
201212 -0.209 96.871 -0.237
201303 0.059 98.209 0.066
201306 -0.027 98.518 -0.030
201309 -0.029 98.790 -0.032
201312 -0.085 98.326 -0.095
201403 -0.147 99.695 -0.162
201406 -0.078 100.560 -0.085
201409 -0.077 100.428 -0.084
201412 0.048 99.070 0.053
201503 -0.118 99.621 -0.130
201506 -0.048 100.684 -0.052
201509 0.004 100.392 0.004
201512 0.099 99.792 0.109
201603 -0.037 100.470 -0.040
201606 -0.105 101.688 -0.113
201609 0.012 101.861 0.013
201612 -0.154 101.863 -0.166
201703 -0.019 102.862 -0.020
201706 -0.022 103.349 -0.023
201709 -0.005 104.136 -0.005
201712 0.027 104.011 0.029
201803 0.025 105.290 0.026
201806 0.034 106.317 0.035
201809 0.000 106.507 0.000
201812 0.084 105.998 0.087
201903 0.045 107.251 0.046
201906 0.036 108.070 0.037
201909 0.050 108.329 0.051
201912 0.035 108.420 0.035
202003 0.031 108.902 0.031
202006 0.044 108.767 0.044
202009 0.083 109.815 0.083
202012 -0.050 109.897 -0.050

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


P10 Holdings  (STU:AC3B) 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.


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.


P10 Holdings Cyclically Adjusted FCF per Share Related Terms

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P10 Holdings (STU:AC3B) Business Description

Traded in Other Exchanges
N/A
Address
4514 Cole Avenue, Suite 160, Dallas, TX, USA, 75205
P10 Holdings Inc is an asset management company. Its existing portfolio of solutions across private equity, venture capital, private credit, and impact investing support its mission by offering a comprehensive set of investment vehicles to its investors, including primary fund of funds, secondary investment, direct investment, and co-investments, alongside separate accounts. The company generates the majority of its revenue from Management & advisory fees.

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