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Korn Ferry (Korn Ferry) Cyclically Adjusted Price-to-FCF : 17.44 (As of May. 18, 2024)


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What is Korn Ferry Cyclically Adjusted Price-to-FCF?

As of today (2024-05-18), Korn Ferry's current share price is $66.43. Korn Ferry's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $3.81. Korn Ferry's Cyclically Adjusted Price-to-FCF for today is 17.44.

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

KFY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.39   Med: 25.21   Max: 59.41
Current: 17.44

During the past years, Korn Ferry's highest Cyclically Adjusted Price-to-FCF was 59.41. The lowest was 12.39. And the median was 25.21.

KFY's Cyclically Adjusted Price-to-FCF is ranked better than
51.38% of 362 companies
in the Business Services industry
Industry Median: 18.625 vs KFY: 17.44

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.

Korn Ferry's adjusted free cash flow per share data for the three months ended in Jan. 2024 was $2.965. 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 $3.81 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Korn Ferry Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Korn Ferry'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.

Korn Ferry Cyclically Adjusted Price-to-FCF Chart

Korn Ferry Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.63 14.20 28.80 18.80 12.53

Korn Ferry Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 15.47 12.53 15.09 12.40 15.41

Competitive Comparison of Korn Ferry's Cyclically Adjusted Price-to-FCF

For the Staffing & Employment Services subindustry, Korn Ferry'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.


Korn Ferry's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

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

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



Korn Ferry 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.

Korn Ferry's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=66.43/3.81
=17.44

* 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.

Korn Ferry's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Korn Ferry's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=2.965/130.1244*130.1244
=2.965

Current CPI (Jan. 2024) = 130.1244.

Korn Ferry Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 1.715 100.023 2.231
201407 -1.949 100.520 -2.523
201410 0.670 100.176 0.870
201501 1.323 98.604 1.746
201504 1.656 99.824 2.159
201507 -1.913 100.691 -2.472
201510 0.230 100.346 0.298
201601 0.908 99.957 1.182
201604 1.375 100.947 1.772
201607 -2.665 101.524 -3.416
201610 0.524 101.988 0.669
201701 1.641 102.456 2.084
201704 1.476 103.167 1.862
201707 -2.112 103.278 -2.661
201710 0.753 104.070 0.942
201801 1.883 104.578 2.343
201804 2.640 105.708 3.250
201807 -2.359 106.324 -2.887
201810 1.314 106.695 1.603
201901 2.167 106.200 2.655
201904 2.651 107.818 3.199
201907 -3.103 108.250 -3.730
201910 0.817 108.577 0.979
202001 2.788 108.841 3.333
202004 3.173 108.173 3.817
202007 -2.873 109.318 -3.420
202010 0.855 109.861 1.013
202101 2.619 110.364 3.088
202104 3.534 112.673 4.081
202107 -3.180 115.183 -3.593
202110 2.017 116.696 2.249
202201 4.680 118.619 5.134
202204 4.971 121.978 5.303
202207 -4.770 125.002 -4.965
202210 2.172 125.734 2.248
202301 3.389 126.223 3.494
202304 4.556 127.992 4.632
202307 -5.680 128.974 -5.731
202310 2.274 129.810 2.280
202401 2.965 130.124 2.965

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.


Korn Ferry  (NYSE:KFY) 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.


Korn Ferry Cyclically Adjusted Price-to-FCF Related Terms

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


Korn Ferry (Korn Ferry) Business Description

Industry
Traded in Other Exchanges
Address
1900 Avenue of the Stars, Suite 1500, Los Angeles, CA, USA, 90067
Korn Ferry is a United States-based firm engaged in organizational consulting and management recruitment that helps clients fill mid- to high-level management positions. The company's segment includes Consulting; Digital; Executive Search and RPO and Professional Search.
Executives
Matthew J Espe director
Jeanne Macdonald officer: CEO RPO 1900 AVENUE OF THE STARS, SUITE 1500, LOS ANGELES CA 90067
Charles L. Harrington director 5875 TRINITY PKWY #300, CENTREVILLE VA 20120
Michael Distefano officer: See Remarks 1900 AVENUE OF THE STARS, SUITE 1500, LOS ANGELES CA 90067
Gary D Burnison director, officer: CEO C/O KORN FERRY INTERNATIONAL, 800 CENTURY PARK EAST STE 900, LOS ANGELES CA 90067
Laura M Bishop director 1900 AVENUE OF THE STARS, SUITE 1500, LOS ANGELES CA 90067
Robert P Rozek officer: EVP and CFO 343 STATE STREET, ROCHESTER NY 146500211
Byrne K Mulrooney officer: CEO of Futurestep 2050 SPECTRUM BOULEVARD, FT. LAUDERDALE FL 33309
Jerry Leamon director C/O KORN/FERRY INTERNATIONAL, 1900 AVENUE OF THE STARS, SUITE 2600, LOS ANGELES CA 90067
George T Shaheen director
Len J Lauer director 2001 EDMUND HALLEY DRIVE, RESTON VA 20191
Lori Jean Robinson director 5875 LANDERBROOK DRIVE, SUITE 220, CLEVELAND OH 44124
Mark Arian officer: CEO of Hay Group C/O KORN/FERRY INTERNATIONAL, 1900 AVE. OF THE STARS, SUITE 2600, LOS ANGELES CA 90067
Debra J Perry director 515 RIDGEWOOD AVENUE, GLEN RIDGE NJ 07028
Angel R Martinez director C/O TUPPERWARE BRANDS CORP, PO BOX 2353, ORLANDO FL 32802-2353