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Begbies Traynor Group (LSE:BEG) Cyclically Adjusted Price-to-FCF : 17.33 (As of Jun. 08, 2024)


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What is Begbies Traynor Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Begbies Traynor Group's current share price is £1.04. Begbies Traynor Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Apr23 was £0.06. Begbies Traynor Group's Cyclically Adjusted Price-to-FCF for today is 17.33.

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

LSE:BEG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12   Med: 22.66   Max: 38
Current: 18.42

During the past 13 years, Begbies Traynor Group's highest Cyclically Adjusted Price-to-FCF was 38.00. The lowest was 12.00. And the median was 22.66.

LSE:BEG's Cyclically Adjusted Price-to-FCF is ranked worse than
51.63% of 368 companies
in the Business Services industry
Industry Median: 18.145 vs LSE:BEG: 18.42

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.

Begbies Traynor Group's adjusted free cash flow per share data of for the fiscal year that ended in Apr23 was £0.036. 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 £0.06 for the trailing ten years ended in Apr23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Begbies Traynor Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Begbies Traynor Group'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.

Begbies Traynor Group Cyclically Adjusted Price-to-FCF Chart

Begbies Traynor Group 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 13.30 23.88 24.47 20.95 23.20

Begbies Traynor Group Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 - 20.95 - 23.20 -

Competitive Comparison of Begbies Traynor Group's Cyclically Adjusted Price-to-FCF

For the Specialty Business Services subindustry, Begbies Traynor Group'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.


Begbies Traynor Group's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

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

* The bar in red indicates where Begbies Traynor Group's Cyclically Adjusted Price-to-FCF falls into.



Begbies Traynor Group 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.

Begbies Traynor Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.04/0.06
=17.33

* 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.

Begbies Traynor Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Apr23 is calculated as:

For example, Begbies Traynor Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Apr23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Apr23 (Change)*Current CPI (Apr23)
=0.036/128.3000*128.3000
=0.036

Current CPI (Apr23) = 128.3000.

Begbies Traynor Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.056 99.600 0.072
201504 0.026 99.900 0.033
201604 0.058 100.600 0.074
201704 0.048 103.200 0.060
201804 0.062 105.500 0.075
201904 0.040 107.600 0.048
202004 0.007 108.600 0.008
202104 0.085 110.400 0.099
202204 0.055 119.000 0.059
202304 0.036 128.300 0.036

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.


Begbies Traynor Group  (LSE:BEG) 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.


Begbies Traynor Group Cyclically Adjusted Price-to-FCF Related Terms

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


Begbies Traynor Group (LSE:BEG) Business Description

Traded in Other Exchanges
Address
340 Deansgate, Manchester, GBR, M3 4LY
Begbies Traynor Group PLC is a professional services consultancy. It provides insolvency, restructuring and consultancy services to businesses, professional advisors, and financial institutions. It provides professional services, such as business rescue options, advisory options, forensic accounting and investigations, corporate and commercial finance, personal insolvency solutions and services to banking, legal, and accounting sectors. The company is managed as two operating segments: insolvency and advisory services, and property advisory and transactional services. The group generates the majority of its revenue from insolvency and advisory services. The group's principal operations and markets are in the UK.

Begbies Traynor Group (LSE:BEG) Headlines

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