GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Capfin India Ltd (BOM:539198) » Definitions » Cyclically Adjusted Price-to-FCF

Capfin India (BOM:539198) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Capfin India Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Capfin India Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Capfin India'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.

Capfin India Cyclically Adjusted Price-to-FCF Chart

Capfin India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Capfin India 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 - - - - -

Competitive Comparison of Capfin India's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, Capfin India'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.


Capfin India's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Capfin India's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Capfin India 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.

Capfin India's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Capfin India's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=-3.377/153.0345*153.0345
=-3.377

Current CPI (Mar24) = 153.0345.

Capfin India Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.432 97.163 0.680
201603 -0.561 102.518 -0.837
201703 0.281 105.196 0.409
201803 -0.538 109.786 -0.750
201903 -0.194 118.202 -0.251
202003 -0.394 124.705 -0.484
202103 0.021 131.771 0.024
202203 0.471 138.822 0.519
202303 1.794 146.865 1.869
202403 -3.377 153.035 -3.377

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.


Capfin India  (BOM:539198) 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.


Capfin India Cyclically Adjusted Price-to-FCF Related Terms

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


Capfin India (BOM:539198) Business Description

Traded in Other Exchanges
N/A
Address
New Rohtak Road, 1C/13, Basement Rajnigandha Building, New Delhi, IND, 110005
Capfin India Ltd is a non-banking financial company. It deals in the investment business, shares, stocks, and securities. It also deals in underwriting, share stock, debentures, debentures stock, bonds, mortgages, obligations, and securities. It also acts as a service agent and offers after-sale services including technical consultancy. Capfin generates revenue from the sale of shares and interest income from loan advances. The Company operates in a single segment that is ''providing loans to corporates and non-corporates".

Capfin India (BOM:539198) Headlines

No Headlines