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Donnelley Financial Solutions (Donnelley Financial Solutions) Cyclically Adjusted FCF per Share : $2.81 (As of Mar. 2024)


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What is Donnelley Financial Solutions 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.

Donnelley Financial Solutions's adjusted free cash flow per share data for the fiscal year that ended in Dec. 2023 was $2.033. 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 $2.81 for the trailing ten years ended in Dec. 2023.

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 (2024-05-19), Donnelley Financial Solutions's current stock price is $ 64.50. Donnelley Financial Solutions's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec. 2023 was $2.81. Donnelley Financial Solutions's Cyclically Adjusted Price-to-FCF of today is 22.95.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Donnelley Financial Solutions was 23.07. The lowest was 12.20. And the median was 21.11.


Donnelley Financial Solutions Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Donnelley Financial Solutions'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.

Donnelley Financial Solutions Cyclically Adjusted FCF per Share Chart

Donnelley Financial Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.99 2.81

Donnelley Financial Solutions 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 - - - 2.81 -

Competitive Comparison of Donnelley Financial Solutions's Cyclically Adjusted FCF per Share

For the Capital Markets subindustry, Donnelley 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.


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

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

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



Donnelley Financial Solutions 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, Donnelley Financial Solutions's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.033/129.4194*129.4194
=2.033

Current CPI (Dec. 2023) = 129.4194.

Donnelley Financial Solutions Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 2.951 99.070 3.855
201512 2.869 99.792 3.721
201612 2.433 101.863 3.091
201712 1.910 104.011 2.377
201812 0.859 105.998 1.049
201912 0.283 108.420 0.338
202012 3.631 109.897 4.276
202112 3.912 117.630 4.304
202212 2.972 125.222 3.072
202312 2.033 129.419 2.033

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


Donnelley Financial Solutions  (NYSE:DFIN) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=64.50/2.81
=22.95

* 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 11 years, the highest Cyclically Adjusted Price-to-FCF of Donnelley Financial Solutions was 23.07. The lowest was 12.20. And the median was 21.11.


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.


Donnelley Financial Solutions Cyclically Adjusted FCF per Share Related Terms

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


Donnelley Financial Solutions (Donnelley Financial Solutions) Business Description

Traded in Other Exchanges
Address
35 West Wacker Drive, Chicago, IL, USA, 60601
Donnelley Financial Solutions Inc is a global risk and compliance solutions company. The company provides regulatory filing and deal solutions via its software-as-a-service, technology-enabled services, and print and distribution solutions to public and private companies, mutual funds, and other regulated investment firms. The company operates in four segments: Capital Markets - Software Solutions, Capital Markets - Compliance and Communications Management, Investment Companies - Software Solutions and Investment Companies - Compliance and Communications Management. Its geographical segments are the United States( US), Europe, Asia, Canada, and others, of which the US accounts for the vast majority of its total revenue.
Executives
Jeffrey Jacobowitz director, 10 percent owner C/O ROBOTTI & COMPANY, 52 VANDERBILT AVENUE, 4TH FLOOR, NEW YORK NY 10017
Kami Turner officer: See Remarks C/O DONNELLEY FINANCIAL SOLUTIONS, 35 W. WACKER DR, CHICAGO IL 60601
Eric J Johnson officer: President, GIC C/O DONNELLEY FINANCIAL SOLUTIONS, 35 WEST WACKER DRIVE, CHICAGO IL 60601
Daniel Leib director, officer: Chief Executive Officer C/O RR DONNELLEY & SONS COMPANY, 111 SOUTH WACKER DRIVE, CHICAGO IL 60606
Simcoe Capital Management, Llc 10 percent owner 540 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Craig Clay officer: President, GCM C/O DONNELLEY FINANCIAL SOLUTIONS, 35 WEST WACKER DRIVE, CHICAGO IL 60601
Leah Marie Trzcinski officer: General Counsel C/O DONNELLEY FINANCIAL SOLUTIONS, 35 W WACKER DRIVE, CHICAGO IL 60601
Robert Kirk Williams officer: Chief People & Admin Officer C/O DONNELLEY FINANCIAL SOLUTIONS, 35 W WACKER DRIVE, CHICAGO IL 60601
Jennifer B Reiners officer: General Counsel C/O DONNELLEY FINANCIAL SOLUTIONS, 35 W. WACKER DR, CHICAGO IL 60601
Juliet S Ellis director C/O DONNELLEY FINANCIAL SOLUTIONS, 35 WEST WACKER DRIVE, CHICAGO IL 60601
Chandar Pattabhiram director C/O DONNELLEY FINANCIAL SOLUTIONS, 35 W. WACKER DR., CHICAGO IL 60601
David A Gardella officer: Chief Financial Officer C/O DONNELLEY FINANCIAL SOLUTIONS, 35 W. WACKER DR, CHICAGO IL 60601
Gary G Greenfield director AVID, 75 NETWORK DRIVE, BURLINGTON MA 01803
Richard L Crandall director 800 DELAWARE AVE, COMPUTER TASK GROUP INC, BUFFALO NY 14209
Lois M Martin director PO BOX 1101, ADC TELCOMMUNICATIONS INC, MINNEAPOLIS MN 55440-1104