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Morgan Group Holding Co (Morgan Group Holding Co) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


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What is Morgan Group Holding Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Morgan Group Holding Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Morgan Group Holding Co'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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Morgan Group Holding Co Cyclically Adjusted Price-to-FCF Chart

Morgan Group Holding Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Morgan Group Holding Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Morgan Group Holding Co's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, Morgan Group Holding Co'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.


Morgan Group Holding Co's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Morgan Group Holding Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Morgan Group Holding Co's Cyclically Adjusted Price-to-FCF falls into.



Morgan Group Holding Co 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.

Morgan Group Holding Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Morgan Group Holding Co's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.383/129.8595*129.8595
=-0.383

Current CPI (Sep. 2023) = 129.8595.

Morgan Group Holding Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.324 98.326 -0.428
201403 -0.853 99.695 -1.111
201406 -1.294 100.560 -1.671
201409 -0.206 100.428 -0.266
201412 -0.559 99.070 -0.733
201503 -1.118 99.621 -1.457
201506 -0.176 100.684 -0.227
201509 -0.324 100.392 -0.419
201512 -0.412 99.792 -0.536
201603 -0.912 100.470 -1.179
201606 -0.206 101.688 -0.263
201609 -0.353 101.861 -0.450
201612 -0.088 101.863 -0.112
201703 -0.971 102.862 -1.226
201706 -0.147 103.349 -0.185
201709 -0.147 104.136 -0.183
201712 -0.118 104.011 -0.147
201803 -0.083 105.290 -0.102
201806 -1.041 106.317 -1.272
201809 -0.204 106.507 -0.249
201812 -0.082 105.998 -0.100
201903 -3.322 107.251 -4.022
201906 -1.011 108.070 -1.215
201909 -0.268 108.329 -0.321
201912 0.269 108.420 0.322
202003 -1.530 108.902 -1.824
202006 -1.177 108.767 -1.405
202009 0.745 109.815 0.881
202012 -1.103 109.897 -1.303
202103 -1.378 111.754 -1.601
202106 -1.055 114.631 -1.195
202109 -0.350 115.734 -0.393
202112 -0.063 117.630 -0.070
202203 0.060 121.301 0.064
202206 -0.707 125.017 -0.734
202209 -0.192 125.227 -0.199
202212 -0.167 125.222 -0.173
202303 0.108 127.348 0.110
202306 -1.385 128.729 -1.397
202309 -0.383 129.860 -0.383

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.


Morgan Group Holding Co  (OTCPK:MGHL) 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.


Morgan Group Holding Co Cyclically Adjusted Price-to-FCF Related Terms

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Morgan Group Holding Co (Morgan Group Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
401 Theodore Fremd Avenue, Rye, NY, USA, 10580
Morgan Group Holding Co through its wholly own subsidiary operates in institutional research and securities brokerage business. It provides underwriting and institutional research services. The firm derives revenue from institutional research services, underwriting fees, and selling concessions.
Executives
Claudia B Carucci 10 percent owner 17 EAGLE ISLAND PLACE, SHELDON SC 29941-3017
Uncle Mills Partners, Llc 10 percent owner 17 EAGLE ISLAND PLACE, SHELDON SC 29941-3017
Bernard Zimmerman 10 percent owner, other: See Remarks 18 HIGH MEADOW RD, WESTON CT 06883
Carucci Walter P /ny 10 percent owner, other: See Remarks C/O CARR SECURITIES CORP, 14 VANDERVENTER AVENUE, SUITE 210, PORT WASHINGTON NY 11050

Morgan Group Holding Co (Morgan Group Holding Co) Headlines