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CRA International (FRA:CR2) Cyclically Adjusted Price-to-FCF : 43.50 (As of Jun. 08, 2024)


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What is CRA International Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), CRA International's current share price is €164.00. CRA International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.77. CRA International's Cyclically Adjusted Price-to-FCF for today is 43.50.

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

FRA:CR2' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.19   Med: 23.32   Max: 47.57
Current: 43.21

During the past years, CRA International's highest Cyclically Adjusted Price-to-FCF was 47.57. The lowest was 9.19. And the median was 23.32.

FRA:CR2's Cyclically Adjusted Price-to-FCF is ranked worse than
79.62% of 368 companies
in the Business Services industry
Industry Median: 18.145 vs FRA:CR2: 43.21

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.

CRA International's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-8.373. 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 €3.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CRA International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CRA International'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.

CRA International Cyclically Adjusted Price-to-FCF Chart

CRA International 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 26.78 20.87 28.05 30.84 20.93

CRA International 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 33.91 29.02 23.17 20.93 36.54

Competitive Comparison of CRA International's Cyclically Adjusted Price-to-FCF

For the Consulting Services subindustry, CRA International'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.


CRA International's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

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

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



CRA International 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.

CRA International's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=164.00/3.77
=43.50

* 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.

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

For example, CRA International'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)
=-8.373/131.7762*131.7762
=-8.373

Current CPI (Mar. 2024) = 131.7762.

CRA International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.119 100.560 -0.156
201409 1.886 100.428 2.475
201412 1.564 99.070 2.080
201503 -2.611 99.621 -3.454
201506 0.145 100.684 0.190
201509 0.740 100.392 0.971
201512 1.989 99.792 2.626
201603 -1.512 100.470 -1.983
201606 0.325 101.688 0.421
201609 1.740 101.861 2.251
201612 3.450 101.863 4.463
201703 -2.299 102.862 -2.945
201706 1.039 103.349 1.325
201709 1.362 104.136 1.724
201712 3.389 104.011 4.294
201803 -4.139 105.290 -5.180
201806 0.205 106.317 0.254
201809 2.002 106.507 2.477
201812 4.430 105.998 5.507
201903 -6.080 107.251 -7.470
201906 0.789 108.070 0.962
201909 1.980 108.329 2.409
201912 4.872 108.420 5.922
202003 -8.257 108.902 -9.991
202006 1.739 108.767 2.107
202009 3.362 109.815 4.034
202012 6.655 109.897 7.980
202103 -4.348 111.754 -5.127
202106 0.346 114.631 0.398
202109 5.573 115.734 6.345
202112 7.134 117.630 7.992
202203 -7.646 121.301 -8.306
202206 -2.268 125.017 -2.391
202209 5.975 125.227 6.288
202212 7.680 125.222 8.082
202303 -9.094 127.348 -9.410
202306 0.567 128.729 0.580
202309 8.496 129.860 8.621
202312 7.762 129.419 7.903
202403 -8.373 131.776 -8.373

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.


CRA International  (FRA:CR2) 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.


CRA International Cyclically Adjusted Price-to-FCF Related Terms

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


CRA International (FRA:CR2) Business Description

Traded in Other Exchanges
Address
200 Clarendon Street, Boston, MA, USA, 02116-5092
CRA International Inc is a U.S.-based advisory firm that provides economic, financial, and management consultancy services. The company advises clients on economic and financial issues relating to litigation and regulatory proceedings and helps businesses set important business strategies and solve performance-related issues. The company's clients include domestic and foreign companies, government agencies, public and private utilities, and national and international trade associations. CRA International generates almost all its revenue from the United States and the United Kingdom.

CRA International (FRA:CR2) Headlines

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