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Apollo Global Management (Apollo Global Management) Cyclically Adjusted Price-to-FCF : 33.86 (As of May. 19, 2024)


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What is Apollo Global Management Cyclically Adjusted Price-to-FCF?

As of today (2024-05-19), Apollo Global Management's current share price is $113.08. Apollo Global Management's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.34. Apollo Global Management's Cyclically Adjusted Price-to-FCF for today is 33.86.

The historical rank and industry rank for Apollo Global Management's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

APO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.11   Med: 14.37   Max: 34.33
Current: 33.89

During the past years, Apollo Global Management's highest Cyclically Adjusted Price-to-FCF was 34.33. The lowest was 5.11. And the median was 14.37.

APO's Cyclically Adjusted Price-to-FCF is ranked worse than
65.87% of 504 companies
in the Asset Management industry
Industry Median: 20.445 vs APO: 33.89

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.

Apollo Global Management's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.116. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $3.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apollo Global Management Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Apollo Global Management's Cyclically Adjusted Price-to-FCF 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.

Apollo Global Management Cyclically Adjusted Price-to-FCF Chart

Apollo Global Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.94 14.93 23.79 17.91 25.70

Apollo Global Management Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 21.31 28.68 26.28 25.70 33.70

Competitive Comparison of Apollo Global Management's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Apollo Global Management'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.


Apollo Global Management's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where Apollo Global Management's Cyclically Adjusted Price-to-FCF falls into.



Apollo Global Management Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Apollo Global Management's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=113.08/3.34
=33.86

* 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.

Apollo Global Management's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Apollo Global Management'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)
=0.116/131.7762*131.7762
=0.116

Current CPI (Mar. 2024) = 131.7762.

Apollo Global Management Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 3.426 100.560 4.490
201409 -7.743 100.428 -10.160
201412 -0.533 99.070 -0.709
201503 0.598 99.621 0.791
201506 1.215 100.684 1.590
201509 1.444 100.392 1.895
201512 0.087 99.792 0.115
201603 0.667 100.470 0.875
201606 0.961 101.688 1.245
201609 1.463 101.861 1.893
201612 0.136 101.863 0.176
201703 1.193 102.862 1.528
201706 1.017 103.349 1.297
201709 1.286 104.136 1.627
201712 0.933 104.011 1.182
201803 0.198 105.290 0.248
201806 1.747 106.317 2.165
201809 1.851 106.507 2.290
201812 0.193 105.998 0.240
201903 1.430 107.251 1.757
201906 0.771 108.070 0.940
201909 1.808 108.329 2.199
201912 1.014 108.420 1.232
202003 3.746 108.902 4.533
202006 0.221 108.767 0.268
202009 2.489 109.815 2.987
202012 -13.785 109.897 -16.529
202103 -0.996 111.754 -1.174
202106 5.720 114.631 6.576
202109 4.359 115.734 4.963
202112 -4.364 117.630 -4.889
202203 -6.808 121.301 -7.396
202206 6.794 125.017 7.161
202209 4.012 125.227 4.222
202212 2.512 125.222 2.643
202303 1.833 127.348 1.897
202306 6.133 128.729 6.278
202309 -0.629 129.860 -0.638
202312 3.382 129.419 3.444
202403 0.116 131.776 0.116

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


Apollo Global Management  (NYSE:APO) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Apollo Global Management Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Apollo Global Management's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Apollo Global Management (Apollo Global Management) Business Description

Traded in Other Exchanges
Address
9 West 57th Street, 42nd Floor, New York, NY, USA, 10019
Apollo Global Management Inc is an alternative investment manager. It serves various sectors such as chemicals, manufacturing and industrial, natural resources, consumer and retail, consumer services, business services, financial services, leisure, and media and telecom and technology. The company operates in three business segments that are Asset Management, Retirement Services, and Principal Investing. It generates maximum revenue from the Retirement Services segment.
Executives
James C Zelter director, officer: Co-President (See Remarks) APOLLO INVESTMENT CORPORATION, 9 WEST 57TH STREET, 14TH FLOOR, NEW YORK NY 10019
Martin Kelly officer: Chief Financial Officer APOLLO GLOBAL MANAGEMENT, LLC, 9 WEST 57TH STREET, 48TH FLOOR, NEW YORK NY 10019
A B Krongard director C/O UNDER ARMOUR, INC., 1020 HULL STREET, BALTIMORE MD 21230
Joshua Harris other: See Remarks 404 WASHINGTON AVE, PH 810, MIAMI FL 33139
Mjh Partners Ii Llc other: See Remarks 404 WASHINGTON AVE, PH 810, MIAMI FL 33139
Patrick Toomey director C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, 42ND FLOOR, NEW YORK NY 10019
John J Suydam officer: Chief Legal Officer C/O APOLLO MANAGEMENT LP, 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Clayton Walter Joseph Iii director C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Jessica M Bibliowicz director NATIONAL FINANCIAL PARTNERS CORP., 340 MADISON AVENUE, 20TH FL, NEW YORK NY 10173
Louis-jacques Tanguy officer: Chief Acct. Off. & Controller C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
James Richard Belardi director, officer: CEO of Athene Holding Ltd. C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Alchemy Group Holdings Llc other: See Remarks 65 EAST 55TH STREET, 31ST FLOOR, NEW YORK NY 10022
Rwnm Series A Holdings Llc other: See Remarks 65 EAST 55TH STREET, 31ST FLOOR, NEW YORK NY 10022
Heritage Trust U/a/d 11/12/2018 other: See remarks. ELYSIUM MANAGEMENT LLC, SUITE 1401, 445 PARK AVENUE, NEW YORK NY 10022
Ldb 2014 Llc other: See remarks. ELYSIUM MANAGEMENT LLC, SUITE 1401, 445 PARK AVENUE, NEW YORK NY 10022