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A-Mark Precious Metals (A-Mark Precious Metals) Cyclically Adjusted FCF per Share : $-1.72 (As of Mar. 2024)


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What is A-Mark Precious Metals 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.

A-Mark Precious Metals's adjusted free cash flow per share for the three months ended in Mar. 2024 was $2.961. 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 $-1.72 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-01), A-Mark Precious Metals's current stock price is $37.99. A-Mark Precious Metals's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-1.72. A-Mark Precious Metals's Cyclically Adjusted Price-to-FCF of today is .


A-Mark Precious Metals Cyclically Adjusted FCF per Share Historical Data

The historical data trend for A-Mark Precious Metals'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.

A-Mark Precious Metals Cyclically Adjusted FCF per Share Chart

A-Mark Precious Metals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -1.66 -1.87

A-Mark Precious Metals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.95 -1.87 -1.97 -2.32 -1.72

Competitive Comparison of A-Mark Precious Metals's Cyclically Adjusted FCF per Share

For the Capital Markets subindustry, A-Mark Precious Metals'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.


A-Mark Precious Metals's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

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

* The bar in red indicates where A-Mark Precious Metals's Cyclically Adjusted Price-to-FCF falls into.



A-Mark Precious Metals 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, A-Mark Precious Metals'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)
=2.961/131.7762*131.7762
=2.961

Current CPI (Mar. 2024) = 131.7762.

A-Mark Precious Metals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.477 100.560 1.936
201409 0.395 100.428 0.518
201412 -6.108 99.070 -8.124
201503 4.939 99.621 6.533
201506 0.313 100.684 0.410
201509 -3.874 100.392 -5.085
201512 1.644 99.792 2.171
201603 -3.557 100.470 -4.665
201606 1.713 101.688 2.220
201609 -2.546 101.861 -3.294
201612 1.326 101.863 1.715
201703 -6.271 102.862 -8.034
201706 6.651 103.349 8.480
201709 -2.432 104.136 -3.078
201712 1.603 104.011 2.031
201803 1.820 105.290 2.278
201806 -0.510 106.317 -0.632
201809 -0.735 106.507 -0.909
201812 1.437 105.998 1.786
201903 0.715 107.251 0.879
201906 -2.478 108.070 -3.022
201909 -4.415 108.329 -5.371
201912 7.466 108.420 9.074
202003 -4.072 108.902 -4.927
202006 4.315 108.767 5.228
202009 -6.592 109.815 -7.910
202012 -7.141 109.897 -8.563
202103 2.994 111.754 3.530
202106 4.270 114.631 4.909
202109 -2.933 115.734 -3.340
202112 4.402 117.630 4.931
202203 -4.707 121.301 -5.113
202206 -0.587 125.017 -0.619
202209 11.290 125.227 11.880
202212 -13.520 125.222 -14.228
202303 3.699 127.348 3.828
202306 -3.084 128.729 -3.157
202309 -1.881 129.860 -1.909
202312 -2.466 129.419 -2.511
202403 2.961 131.776 2.961

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


A-Mark Precious Metals  (NAS:AMRK) 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.


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.


A-Mark Precious Metals Cyclically Adjusted FCF per Share Related Terms

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


A-Mark Precious Metals (A-Mark Precious Metals) Business Description

Traded in Other Exchanges
Address
2121 Rosecrans Avenue, Suite 6300, El Segundo, CA, USA, 90245
A-Mark Precious Metals Inc is a precious metal trading company. It is principally engaged in the wholesale of gold, silver, platinum and palladium bullion and related products in the form of bars, wafers, coins, and grains. The company's operating segment includes Wholesale Trading and Ancillary Services; Secured Lending and Direct Sales. It generates maximum revenue from the Wholesale Trading and Ancillary Services segment. The Wholesale Trading and Ancillary Services segment comprises business units such as Industrial, Coin and Bar, Trading and Finance, Storage, Logistics, and Mint. Geographically, it derives a majority of its revenue from the United States.
Executives
Michael R. Wittmeyer director 2121 ROSECRANS AVENUE, SUITE 6300, EL SEGUNDO CA 90245
Brian Aquilino officer: Chief Operating Officer 2121 ROSECRANS AVENUE, SUITE 6300, EL SEGUNDO CA 90245
Beverley Lepine director 429 SANTA MONICA BLVD., SUITE 230, SANTA MONICA CA 90401
Carol Meltzer officer: EVP, Gen. Counsel & Secretary 775 PASSAIC AVE, WEST CALDWELL NJ 07006
Gregory N Roberts director, 10 percent owner, officer: Chief Executive Officer 2625 ST ANDREWS, TUSTIN CA 92660
Thor Gjerdrum officer: President 5 FRANCIS J. CLARKE CIRCLE, BETHEL CT 06801
Jeffrey D Benjamin director, 10 percent owner 9 WEST 57TH STREET, 43TH FLOOR, NEW YORK NY 10019
Jess M Ravich director 11766 WILSHIRE BOULEVARD, SUITE 870, LOS ANGELES CA 90025
Kendall Saville director 2121 ROSECRANS AVENUE, SUITE 6300, EL SEGUNDO CA 90245
Moorhead John director 5 FRANCIS J. CLARKE CIRCLE, BETHEL CT 06801
William A Richardson 10 percent owner 2880 LAS VEGAS BLVD SOUTH, LAS VEGAS NV 89109
Kathleen Taylor-simpson officer: Chief Financial Officer 2121 ROSECRANS AVENUE, SUITE 6300, EL SEGUNDO CA 90245
A-mark Precious Metals, Inc. director 2121 ROSECRANS AVENUE, SUITE 6300, EL SEGUNDO CA 90245
Monique Sanchez director 2121 ROSECRANS AVENUE, SUITE 6300, EL SEGUNDO CA 90245
Ellis Landau director CO PINNACLE ENTERTAINMENT INC, 8918 SPANISH RIDGE AVENUE, LAS VEGAS NV 89148