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Siebert Financial (Siebert Financial) Cyclically Adjusted FCF per Share : $0.08 (As of Sep. 2023)


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What is Siebert Financial Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Siebert Financial's adjusted free cash flow per share for the three months ended in Sep. 2023 was $-0.501. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.08 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Siebert Financial's average Cyclically Adjusted FCF Growth Rate was -68.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Siebert Financial was 47.70% per year. The lowest was -67.10% per year. And the median was -44.20% per year.

As of today (2024-04-27), Siebert Financial's current stock price is $2.02. Siebert Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was $0.08. Siebert Financial's Cyclically Adjusted Price-to-FCF of today is 25.25.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Siebert Financial was 175.00. The lowest was 4.30. And the median was 14.02.


Siebert Financial Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Siebert Financial's Cyclically Adjusted FCF per Share 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.

Siebert Financial Cyclically Adjusted FCF per Share Chart

Siebert Financial Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.12 -0.02 0.30 0.33 0.27

Siebert Financial Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted FCF per Share 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 0.25 0.27 0.16 0.12 0.08

Competitive Comparison of Siebert Financial's Cyclically Adjusted FCF per Share

For the Capital Markets subindustry, Siebert Financial'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.


Siebert Financial's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

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

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



Siebert Financial Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Siebert Financial'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)
=-0.501/129.8595*129.8595
=-0.501

Current CPI (Sep. 2023) = 129.8595.

Siebert Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.139 98.326 -0.184
201403 -0.050 99.695 -0.065
201406 -0.023 100.560 -0.030
201409 -0.248 100.428 -0.321
201412 -0.080 99.070 -0.105
201503 -0.053 99.621 -0.069
201506 -0.046 100.684 -0.059
201509 0.063 100.392 0.081
201512 -0.029 99.792 -0.038
201603 -0.058 100.470 -0.075
201606 -0.036 101.688 -0.046
201609 -0.046 101.861 -0.059
201612 -0.010 101.863 -0.013
201703 -0.031 102.862 -0.039
201706 0.010 103.349 0.013
201709 0.043 104.136 0.054
201712 0.023 104.011 0.029
201803 0.060 105.290 0.074
201806 0.048 106.317 0.059
201809 0.024 106.507 0.029
201812 -0.004 105.998 -0.005
201903 -0.285 107.251 -0.345
201906 -0.360 108.070 -0.433
201909 0.351 108.329 0.421
201912 1.018 108.420 1.219
202003 0.105 108.902 0.125
202006 0.885 108.767 1.057
202009 0.188 109.815 0.222
202012 1.954 109.897 2.309
202103 0.308 111.754 0.358
202106 0.454 114.631 0.514
202109 -0.609 115.734 -0.683
202112 -0.214 117.630 -0.236
202203 -1.373 121.301 -1.470
202206 1.243 125.017 1.291
202209 -0.799 125.227 -0.829
202212 0.104 125.222 0.108
202303 -1.232 127.348 -1.256
202306 -0.293 128.729 -0.296
202309 -0.501 129.860 -0.501

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Siebert Financial  (NAS:SIEB) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Siebert Financial's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.02/0.08
=25.25

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Siebert Financial was 175.00. The lowest was 4.30. And the median was 14.02.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Siebert Financial Cyclically Adjusted FCF per Share Related Terms

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


Siebert Financial (Siebert Financial) Business Description

Traded in Other Exchanges
Address
535 Fifth Avenue, 4th Floor, New York, NY, USA, 10017
Siebert Financial Corp is a holding company. It conducts retail discount brokerage business through its wholly-owned subsidiary. The firm mainly provides online and traditional brokerage and related services to retail investors and also acts as an investment advisor for its subsidiary. The company operates in the securities brokerage and asset management industry. It also engages in Insurance services, Robo-advisory technology, and Prime brokerage business through its subsidiaries.
Executives
Hocheol Simon Shin director 535 FIFTH AVENUE, 4TH FLOOR, NEW YORK NY 10017
Kakao Corp 10 percent owner TOWER A, 166 PANGYOYEOK-RO, BUNDANG-GU, GYEONGGI-DO, SEONGNAM-SI M5 13529
Kakaopay Corp 10 percent owner 15F, TOWER B, 166 PANGYOYEOK-RO, BUNDANG-GU, SEONGNAM-SI, GYEONGGI-DO, SEONGNAM-SI M5 13529
John M. Gebbia other: MEMBER OF 10% OWNER GROUP C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
Cynthia Dibartolo other: See footnote 535 FIFTH AVENUE, 4TH FLOOR, NEW YORK NY 10017
John J Gebbia director 120 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
David Gebbia other: MEMBER OF 10% OWNER GROUP C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
Richard Gebbia other: MEMBER OF 10% OWNER GROUP C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
Gloria E Gebbia director, other: 10% Owner(1) C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Kennedy Cabot Acquisition, Llc 10 percent owner 24100 CALABASAS ROAD, CALABASAS CA 91302
Francis V Cuttita director C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Jerry M Schneider director C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Charles Zabatta director C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Andrew H Reich director, officer: EVP, COO, CFO and Secretary C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Leonard M Leiman director C/O SIEBERT FINANCIAL CORP, 885 THIRD AVE STE 1720, NEW YORK NY 10022