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ASGN (ASGN) Cyclically Adjusted Price-to-FCF : 18.61 (As of Apr. 27, 2024)


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What is ASGN Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), ASGN's current share price is $97.51. ASGN's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $5.24. ASGN's Cyclically Adjusted Price-to-FCF for today is 18.61.

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

ASGN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.5   Med: 33.16   Max: 70.94
Current: 18.61

During the past years, ASGN's highest Cyclically Adjusted Price-to-FCF was 70.94. The lowest was 12.50. And the median was 33.16.

ASGN's Cyclically Adjusted Price-to-FCF is ranked better than
64.18% of 670 companies
in the Software industry
Industry Median: 28.305 vs ASGN: 18.61

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 $1.333. 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 $5.24 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 19.99

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
=97.51/5.24
=18.61

* 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)
=1.333/129.4194*129.4194
=1.333

Current CPI (Mar. 2024) = 129.4194.

ASGN Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.430 100.560 0.553
201409 0.708 100.428 0.912
201412 0.428 99.070 0.559
201503 0.229 99.621 0.297
201506 0.516 100.684 0.663
201509 0.563 100.392 0.726
201512 0.563 99.792 0.730
201603 0.577 100.470 0.743
201606 1.025 101.688 1.305
201609 0.672 101.861 0.854
201612 0.929 101.863 1.180
201703 0.695 102.862 0.874
201706 0.624 103.349 0.781
201709 0.936 104.136 1.163
201712 0.983 104.011 1.223
201803 0.919 105.290 1.130
201806 1.291 106.317 1.572
201809 1.596 106.507 1.939
201812 1.071 105.998 1.308
201903 0.686 107.251 0.828
201906 1.650 108.070 1.976
201909 1.581 108.329 1.889
201912 1.339 108.420 1.598
202003 0.916 108.902 1.089
202006 3.374 108.767 4.015
202009 1.545 109.815 1.821
202012 1.534 109.897 1.807
202103 2.058 111.754 2.383
202106 1.421 114.631 1.604
202109 1.184 115.734 1.324
202112 -1.726 117.630 -1.899
202203 0.887 121.301 0.946
202206 1.543 125.017 1.597
202209 1.568 125.227 1.621
202212 1.286 125.222 1.329
202303 1.382 127.348 1.404
202306 2.059 128.729 2.070
202309 2.845 129.860 2.835
202312 2.314 129.419 2.314
202403 1.333 129.419 1.333

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  (NYSE:ASGN) 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 (ASGN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » ASGN Inc (NYSE:ASGN) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
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.
Executives
Jonathan S Holman director C/O ASGN INCORPORATED, 26745 MALIBU HILLS ROAD, CALABASAS CA 91301
Theodore S. Hanson officer: EVP, ASGN 4400 COX ROAD, SUITE 110, GLEN ALLEN VA 23060
Randolph C Blazer officer: Pres, Apex-a sub of the Issuer C/O ASGN INCORPORATED, 26745 MALIBU HILLS ROAD, CALABASAS CA 91301
Jennifer Hankes Painter officer: VP, General Counsel, Secretary C/O ASGN INCORPORATED, 26745 MALIBU HILLS ROAD, CALABASAS CA 91301
Rose Cunningham officer: Chief Accounting Officer 4400 COX ROAD, SUITE 110, GLEN ALLEN VA 23060
Arshad Matin director 26745 MALIBU HILLS ROAD, CALABASAS CA 91301
Marie Perry officer: Exec VP, CFO 26745 MALIBU HILLS RD, CALABASAS CA 91301
Mark A. Frantz other: Board Adviser 1300 CALDER ROAD, MCLEAN VA 22101
Edward L Pierce officer: Exec VP, CFO 1439 WINDY MOUNTAIN AVE., WESTLAKE VILLAGE CA 91362
Edwin A. Sheridan director ON ASSIGNMENT, INC., 26745 MALIBU HILLS ROAD, CALABASAS CA 91301
Marty R Kittrell director C/O ON ASSIGNMENT, INC., 26745 MALIBU HILLS RD., CALABASAS CA 91301
Mariel A Joliet director C/O ON ASSIGNMENT, 26745 MALIBU HILLS ROAD, CALABASAS CA 91301
Maria R Hawthorne director 701 WESTERN AVENUE, GLENDALE CA 91201
Carol Lindstrom director 5994 SILVERADO TRAIL, NAPA CA 94558
Jeremy M Jones director 2532 DUPONT AVENUE, IRVINE CA 92612