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Logan Ridge Finance (Logan Ridge Finance) Cyclically Adjusted FCF per Share : $3.83 (As of Mar. 2024)


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What is Logan Ridge Finance 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.

Logan Ridge Finance's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-2.220. 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 $3.83 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 (2024-06-09), Logan Ridge Finance's current stock price is $22.39. Logan Ridge Finance's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.83. Logan Ridge Finance's Cyclically Adjusted Price-to-FCF of today is 5.85.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Logan Ridge Finance was 111.80. The lowest was 5.74. And the median was 18.15.


Logan Ridge Finance Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Logan Ridge Finance'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.

Logan Ridge Finance Cyclically Adjusted FCF per Share Chart

Logan Ridge Finance 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 - - - -0.66 2.30

Logan Ridge Finance 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 -0.19 -0.33 0.88 2.30 3.83

Competitive Comparison of Logan Ridge Finance's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, Logan Ridge Finance'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.


Logan Ridge Finance's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Logan Ridge Finance's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Logan Ridge Finance's Cyclically Adjusted Price-to-FCF falls into.



Logan Ridge Finance 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, Logan Ridge Finance'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)
=-2.22/131.7762*131.7762
=-2.220

Current CPI (Mar. 2024) = 131.7762.

Logan Ridge Finance Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.682 100.560 3.515
201409 -24.359 100.428 -31.963
201412 -20.598 99.070 -27.398
201503 -14.385 99.621 -19.028
201506 -9.497 100.684 -12.430
201509 -10.867 100.392 -14.264
201512 -4.134 99.792 -5.459
201603 -5.156 100.470 -6.763
201606 6.412 101.688 8.309
201609 34.166 101.861 44.200
201612 -9.211 101.863 -11.916
201703 3.880 102.862 4.971
201706 18.251 103.349 23.271
201709 4.296 104.136 5.436
201712 -9.856 104.011 -12.487
201803 -1.758 105.290 -2.200
201806 8.066 106.317 9.998
201809 8.808 106.507 10.898
201812 -6.487 105.998 -8.065
201903 -2.347 107.251 -2.884
201906 14.436 108.070 17.603
201909 10.422 108.329 12.678
201912 1.530 108.420 1.860
202003 -0.747 108.902 -0.904
202006 14.332 108.767 17.364
202009 3.483 109.815 4.180
202012 2.521 109.897 3.023
202103 9.125 111.754 10.760
202106 4.772 114.631 5.486
202109 13.368 115.734 15.221
202112 1.209 117.630 1.354
202203 -8.540 121.301 -9.277
202206 13.116 125.017 13.825
202209 -8.631 125.227 -9.082
202212 -5.391 125.222 -5.673
202303 0.234 127.348 0.242
202306 -0.083 128.729 -0.085
202309 7.617 129.860 7.729
202312 -1.499 129.419 -1.526
202403 -2.220 131.776 -2.220

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


Logan Ridge Finance  (NAS:LRFC) 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.

Logan Ridge Finance's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=22.39/3.83
=5.85

* 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 Logan Ridge Finance was 111.80. The lowest was 5.74. And the median was 18.15.


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.


Logan Ridge Finance Cyclically Adjusted FCF per Share Related Terms

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


Logan Ridge Finance (Logan Ridge Finance) Business Description

Traded in Other Exchanges
Address
650 Madison Avenue, 23rd Floor, New York, NY, USA, 10022
Logan Ridge Finance Corp an externally managed non-diversified closed-end management investment company. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. The company offers customized financing to business owners, management teams and financial sponsors for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives.
Executives
Jennifer Kwon Chou director C/O THE GORES GROUP, 9800 WILSHIRE BOULEVARD, BEVERLY HILLS CA 90212
Patrick Schafer officer: Chief Investment Officer 650 MADISON AVENUE, NEW YORK NY 10022
Brandon Satoren officer: See Remarks 650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
Edward J. Goldthorpe director, officer: CEO and President 650 MADISON AVENUE, NEW YORK NY 10022
Jason T Roos officer: CFO, Treasurer and Secretary 23 SPRINGHURST ROAD, BEDFORD HILLS NY 10507
David Held officer: Chief Compliance Officer 650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
George Grunebaum director C/O ASHMORE INVESTMENT MANAGEMENT LTD., 61 ALDWYCH, LONDON X0 WC2B 4AE
Alexander Duka director 650 MADISON AVENUE, NEW YORK NY 10022
Robert Herman Warshauer director 8 GOLDEN POND ROAD, WEST HARRISON NY 10604
Larry W. Carroll director C/O PARK STERLING BANK, 1043 EAST MOREHEAD STREET, SUITE 201, CHARLOTTE NC 28204
Alala Joseph B Iii director, officer: See Remarks C/O CAPITALA FINANCE CORP., 4201 CONGRESS STREET, SUITE 360, CHARLOTTE NC 28209
Richard Wheelahan officer: Chief Compliance Officer C/O CAPITALA FINANCE CORP., 4201 CONGRESS STREET, SUITE 360, CHARLOTTE NC 28209
Kevin A. Koonts officer: Chief Accounting Officer 4201 CONGRESS STREET, SUITE 360, CHARLOTTE NC 28209
Stephen A. Arnall officer: Chief Financial Officer C/O PARK STERLING BANK, 1043 EAST MOREHEAD STREET, SUITE 201, CHARLOTTE NC 28204
Markham Hunt Broyhill director 800 HICKORY BLVD. SW, LENOIR NC 28645

Logan Ridge Finance (Logan Ridge Finance) Headlines

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