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Calian Group (TSX:CGY) Cyclically Adjusted FCF per Share : C$2.30 (As of Mar. 2024)


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What is Calian Group 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.

Calian Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$2.741. 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 C$2.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Calian Group's average Cyclically Adjusted FCF Growth Rate was 27.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 20.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 2.60% 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 Calian Group was 24.70% per year. The lowest was -12.20% per year. And the median was 4.50% per year.

As of today (2024-05-24), Calian Group's current stock price is C$57.56. Calian Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$2.30. Calian Group's Cyclically Adjusted Price-to-FCF of today is 25.03.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Calian Group was 65.37. The lowest was 11.80. And the median was 22.13.


Calian Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Calian Group'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.

Calian Group Cyclically Adjusted FCF per Share Chart

Calian Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 1.07 1.38 1.60 1.88

Calian Group 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 1.81 1.73 1.88 2.00 2.30

Competitive Comparison of Calian Group's Cyclically Adjusted FCF per Share

For the Specialty Business Services subindustry, Calian Group'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.


Calian Group's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Calian Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Calian Group 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, Calian Group'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)
=2.741/126.2576*126.2576
=2.741

Current CPI (Mar. 2024) = 126.2576.

Calian Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.767 99.473 0.974
201409 0.694 99.394 0.882
201412 -1.381 98.367 -1.773
201503 0.151 99.789 0.191
201506 0.500 100.500 0.628
201509 -0.027 100.421 -0.034
201512 -0.454 99.947 -0.574
201603 0.676 101.054 0.845
201606 0.998 102.002 1.235
201609 0.614 101.765 0.762
201612 0.528 101.449 0.657
201703 1.523 102.634 1.874
201706 1.080 103.029 1.323
201709 -0.148 103.345 -0.181
201712 -1.064 103.345 -1.300
201803 0.449 105.004 0.540
201806 0.361 105.557 0.432
201809 0.876 105.636 1.047
201812 0.012 105.399 0.014
201903 0.298 106.979 0.352
201906 0.789 107.690 0.925
201909 0.002 107.611 0.002
201912 -1.710 107.769 -2.003
202003 -0.829 107.927 -0.970
202006 1.423 108.401 1.657
202009 -0.143 108.164 -0.167
202012 1.040 108.559 1.210
202103 0.493 110.298 0.564
202106 -0.153 111.720 -0.173
202109 2.229 112.905 2.493
202112 0.239 113.774 0.265
202203 1.509 117.646 1.619
202206 1.591 120.806 1.663
202209 -0.198 120.648 -0.207
202212 2.098 120.964 2.190
202303 0.363 122.702 0.374
202306 -0.068 124.203 -0.069
202309 1.725 125.230 1.739
202312 1.267 125.072 1.279
202403 2.741 126.258 2.741

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


Calian Group  (TSX:CGY) 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.

Calian Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=57.56/2.3
=25.03

* 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 Calian Group was 65.37. The lowest was 11.80. And the median was 22.13.


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.


Calian Group Cyclically Adjusted FCF per Share Related Terms

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


Calian Group (TSX:CGY) Business Description

Industry
Traded in Other Exchanges
Address
770 Palladium Drive, Ottawa, ON, CAN, K2V 1C8
Calian Group Ltd provides services and solutions to both industry and government customers in the areas of health, learning, defence, security, aerospace, engineering, AgTech, satellite communications (satcom), and IT. The company operates through four segments namely Advanced Technologies, Health, Learning, and IT and Cyber Solutions (ITCS). It generates maximum revenue from the ITCS segment. The ITCS portfolio of the company includes on-demand resourcing, IT and cybersecurity consulting, managed services, Software as a Service (Saas) and others. Geographically, the company generates the majority of its revenue from its operations in Canada and also has presence in United States, Europe and other regions.
Executives
George Brian Weber Director

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