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Financial Engines (Financial Engines) Cyclically Adjusted Price-to-FCF : (As of May. 06, 2024)


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What is Financial Engines Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Financial Engines Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Financial Engines'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.

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Financial Engines Cyclically Adjusted Price-to-FCF Chart

Financial Engines Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted Price-to-FCF
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Financial Engines Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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Competitive Comparison of Financial Engines's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Financial Engines'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.


Financial Engines's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



Financial Engines 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.

Financial Engines's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec17 is calculated as:

For example, Financial Engines's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec17 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec17 (Change)*Current CPI (Dec17)
=1.623/104.0111*104.0111
=1.623

Current CPI (Dec17) = 104.0111.

Financial Engines Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200812 -0.096 88.697 -0.113
200912 0.321 91.111 0.366
201012 0.298 92.474 0.335
201112 0.344 95.213 0.376
201212 0.414 96.871 0.445
201312 0.945 98.326 1.000
201412 1.089 99.070 1.143
201512 1.606 99.792 1.674
201612 1.276 101.863 1.303
201712 1.623 104.011 1.623

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.


Financial Engines  (NAS:FNGN) 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.


Financial Engines Cyclically Adjusted Price-to-FCF Related Terms

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Financial Engines (Financial Engines) Business Description

Traded in Other Exchanges
N/A
Address
Financial Engines Inc is a provider of technology-enabled portfolio management services, investment advice, and retirement income services. The company offers its host of services to participants in employer-sponsored defined-contribution plans, plan sponsors, and plan providers. Plan participants are offered discretionary management of their plan assets, in addition to investment-decision-making on behalf of the plan participant. A similar service is offered to plan sponsors, where the sponsor enlists the company as a subadvisor to carry out managerial duties for plan participants. Financial Engines also provides investment recommendations for participants choosing to manage their own portfolio, in addition to retirement-readiness assessments and guidance for claiming social security.
Executives
John B Shoven director
Robert A Huret director 130 MERCHANT ST 22ND FLR, HONOLULU HI 96813
David B Yoffie director 2200 MISSION COLLEGE BLVD, RNB 4-151, SANTA CLARA CA 95054
Michael E. Martin director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Craig L Foster officer: EVP & CFO 2580 ORCHARD PARKWAY, SAN JOSE CA 95131
Heidi Fields director 5301 STEVENS CREEK BLVD, MS 1A-LC, SANTA CLARA CA 95051
Blake R. Grossman director BLACKROCK, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Joseph Grundfest director STANFORD LAW SCHOOL, 559 NATHAN ABBOTT WAY, STANFORD CA 94305
John Bunch officer: EVP, COO & Pres FE Advisors 6940 COLUMBIA GATEWAY DR. SUITE 200 COLUMBIA MD 21046
Warburg Pincus & Co. director 450 LEXINGTON AVENUE, NEW YORK, NY NY 100173147
Warburg Pincus X Partners, L.p. director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus Private Equity X, L.p. director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus X Gp L.p. director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus X, L.p. director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Wpp Gp Llc director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVE, NEW YORK NY 10017