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ASGN (STU:OA2) Cyclically Adjusted Price-to-FCF : 17.78 (As of Jun. 08, 2024)


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What is ASGN Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), ASGN's current share price is €85.50. ASGN's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.81. ASGN's Cyclically Adjusted Price-to-FCF for today is 17.78.

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

STU:OA2' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.5   Med: 32.79   Max: 70.94
Current: 17.58

During the past years, ASGN's highest Cyclically Adjusted Price-to-FCF was 70.94. The lowest was 12.50. And the median was 32.79.

STU:OA2's Cyclically Adjusted Price-to-FCF is ranked better than
68.81% of 683 companies
in the Software industry
Industry Median: 28.4 vs STU:OA2: 17.58

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.

ASGN's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.226. 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 €4.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ASGN Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ASGN'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.

ASGN Cyclically Adjusted Price-to-FCF Chart

ASGN 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 29.41 26.76 34.26 18.92 18.91

ASGN 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 18.31 16.03 16.50 18.91 19.64

Competitive Comparison of ASGN's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, ASGN'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.


ASGN's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, ASGN's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



ASGN 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=85.50/4.81
=17.78

* 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.

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

For example, ASGN'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)
=1.226/131.7762*131.7762
=1.226

Current CPI (Mar. 2024) = 131.7762.

ASGN Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.316 100.560 0.414
201409 0.549 100.428 0.720
201412 0.347 99.070 0.462
201503 0.211 99.621 0.279
201506 0.460 100.684 0.602
201509 0.502 100.392 0.659
201512 0.516 99.792 0.681
201603 0.518 100.470 0.679
201606 0.912 101.688 1.182
201609 0.599 101.861 0.775
201612 0.881 101.863 1.140
201703 0.650 102.862 0.833
201706 0.556 103.349 0.709
201709 0.785 104.136 0.993
201712 0.831 104.011 1.053
201803 0.745 105.290 0.932
201806 1.105 106.317 1.370
201809 1.368 106.507 1.693
201812 0.942 105.998 1.171
201903 0.607 107.251 0.746
201906 1.460 108.070 1.780
201909 1.435 108.329 1.746
201912 1.205 108.420 1.465
202003 0.829 108.902 1.003
202006 2.996 108.767 3.630
202009 1.312 109.815 1.574
202012 1.261 109.897 1.512
202103 1.728 111.754 2.038
202106 1.180 114.631 1.356
202109 1.006 115.734 1.145
202112 -1.527 117.630 -1.711
202203 0.806 121.301 0.876
202206 1.459 125.017 1.538
202209 1.584 125.227 1.667
202212 1.214 125.222 1.278
202303 1.290 127.348 1.335
202306 1.900 128.729 1.945
202309 2.666 129.860 2.705
202312 2.122 129.419 2.161
202403 1.226 131.776 1.226

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.


ASGN  (STU:OA2) 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.


ASGN Cyclically Adjusted Price-to-FCF Related Terms

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


ASGN (STU:OA2) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » ASGN Inc (STU:OA2) » Definitions » Cyclically Adjusted Price-to-FCF
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4400 Cox Road, Suite 110, Glen Allen, VA, USA, 23060
ASGN Inc is a provider of information technology (IT) services and professional solutions, including technology, creative, and digital, across the commercial and government sectors. It operates through two segments, Commercial and Federal Government. The Commercial Segment, which is their largest segment, provides consulting, creative digital marketing, and permanent placement services to Fortune 1000 clients and mid-market companies. The Federal Government Segment provides mission-critical solutions to the Department of Defense, intelligence agencies, and civilian agencies.

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