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Broadridge Financial Solutions (Broadridge Financial Solutions) Cyclically Adjusted Price-to-FCF : 42.67 (As of Apr. 27, 2024)


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What is Broadridge Financial Solutions Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Broadridge Financial Solutions's current share price is $194.15. Broadridge Financial Solutions's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.55. Broadridge Financial Solutions's Cyclically Adjusted Price-to-FCF for today is 42.67.

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

BR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.31   Med: 39.65   Max: 52.59
Current: 43.02

During the past years, Broadridge Financial Solutions's highest Cyclically Adjusted Price-to-FCF was 52.59. The lowest was 22.31. And the median was 39.65.

BR's Cyclically Adjusted Price-to-FCF is ranked worse than
62.69% of 670 companies
in the Software industry
Industry Median: 28.305 vs BR: 43.02

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.

Broadridge Financial Solutions's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.409. 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 $4.55 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Broadridge Financial Solutions Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Broadridge Financial Solutions'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.

Broadridge Financial Solutions Cyclically Adjusted Price-to-FCF Chart

Broadridge Financial Solutions Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.62 40.23 44.79 35.67 36.74

Broadridge Financial Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 34.84 36.02 36.74 39.76 45.26

Competitive Comparison of Broadridge Financial Solutions's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, Broadridge Financial Solutions'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.


Broadridge Financial Solutions's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



Broadridge Financial Solutions 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.

Broadridge Financial Solutions's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=194.15/4.55
=42.67

* 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.

Broadridge Financial Solutions's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Broadridge Financial Solutions's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.409/129.4194*129.4194
=1.409

Current CPI (Dec. 2023) = 129.4194.

Broadridge Financial Solutions Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.670 99.695 0.870
201406 1.532 100.560 1.972
201409 0.078 100.428 0.101
201412 0.364 99.070 0.476
201503 0.568 99.621 0.738
201506 1.950 100.684 2.507
201509 -0.348 100.392 -0.449
201512 0.394 99.792 0.511
201603 0.816 100.470 1.051
201606 2.126 101.688 2.706
201609 -1.581 101.861 -2.009
201612 0.533 101.863 0.677
201703 1.078 102.862 1.356
201706 2.594 103.349 3.248
201709 -1.079 104.136 -1.341
201712 2.997 104.011 3.729
201803 -0.555 105.290 -0.682
201806 3.244 106.317 3.949
201809 -0.927 106.507 -1.126
201812 1.367 105.998 1.669
201903 1.010 107.251 1.219
201906 3.163 108.070 3.788
201909 -0.911 108.329 -1.088
201912 0.642 108.420 0.766
202003 0.971 108.902 1.154
202006 3.577 108.767 4.256
202009 -0.581 109.815 -0.685
202012 0.855 109.897 1.007
202103 0.727 111.754 0.842
202106 3.566 114.631 4.026
202109 -1.279 115.734 -1.430
202112 0.232 117.630 0.255
202203 0.468 121.301 0.499
202206 3.702 125.017 3.832
202209 -1.834 125.227 -1.895
202212 0.871 125.222 0.900
202303 1.359 127.348 1.381
202306 5.874 128.729 5.906
202309 -0.641 129.860 -0.639
202312 1.409 129.419 1.409

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.


Broadridge Financial Solutions  (NYSE:BR) 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.


Broadridge Financial Solutions Cyclically Adjusted Price-to-FCF Related Terms

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


Broadridge Financial Solutions (Broadridge Financial Solutions) Business Description

Traded in Other Exchanges
Address
5 Dakota Drive, Suite 300, Lake Success, NY, USA, 11042
Broadridge Financial Solutions, which was spun off from ADP in 2007, is a leading provider of investor communications and technology-driven solutions to banks, broker/dealers, asset managers, wealth managers, and corporate issuers. Broadridge is composed of two segments: investor communication solutions, or ICS, and global technology and operations, or GTO.
Executives
Christopher John Perry officer: Corporate SVP 1981 MARCUS AVENUE, LAKE SUCCESS NY 11042
Laura Matlin officer: VP, Deputy GC and CGO C/O BROADRIDGE, 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Keir D Gumbs officer: CVP and Chief Legal Officer C/O BROADRIDGE FINANCIAL SOLUTIONS, INC., 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Timothy C Gokey officer: Senior Vice President 5 DAKOTA DRIVE, SUITE 300, LAKE SUCCESS NY 11042
Richard J Daly director, officer: Chief Executive Officer 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Thomas P Carey officer: Corporate VP C/O BROADRIDGE FINANCIAL SOLUTIONS, 5 DAKOTA DR., STE 300, LAKE SUCCESS NY 11042
Douglas Richard Deschutter officer: Corporate Vice President 5 DAKOTA DRIVE, SUITE 300, LAKE SUCCESS NY 11042
Leslie A Brun director 435 DEVON PARK DRIVE, 700 BUILDING, WAYNE PA 19087
Robert Schifellite officer: Corporate Vice President 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Robert N Duelks director 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Robert F Kalenka officer: Corporate Vice President 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Richard John Stingi officer: Corporate VP and CHRO C/O BROADRIDGE FINANCIAL SOLUTIONS, 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Thomas J Perna director 89 ROBBINS AVENUE, BERKELEY HEIGHTS NJ 07922
Eileen K Murray director 1585 BROADWAY, NEW YORK NY 10036
Vijay Mayadas officer: VP, Strategy C/O BROADRIDGE FINANCIAL SOLUTIONS, 5 DAKOTA DRIVE, LAKE SUCCESS NE 11042