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Goldmanchs BDC (STU:GSB) Cyclically Adjusted FCF per Share : €-1.74 (As of Mar. 2024)


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What is Goldmanchs BDC 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.

Goldmanchs BDC's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.059. 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 €-1.74 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), Goldmanchs BDC's current stock price is €13.896. Goldmanchs BDC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-1.74. Goldmanchs BDC's Cyclically Adjusted Price-to-FCF of today is .


Goldmanchs BDC Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Goldmanchs BDC'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.

Goldmanchs BDC Cyclically Adjusted FCF per Share Chart

Goldmanchs BDC 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 - - - - -1.57

Goldmanchs BDC 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 -1.77 -1.70 -1.64 -1.57 -1.74

Competitive Comparison of Goldmanchs BDC's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, Goldmanchs BDC'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.


Goldmanchs BDC's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where Goldmanchs BDC's Cyclically Adjusted Price-to-FCF falls into.



Goldmanchs BDC 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, Goldmanchs BDC'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)
=0.059/131.7762*131.7762
=0.059

Current CPI (Mar. 2024) = 131.7762.

Goldmanchs BDC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.757 100.560 -0.992
201409 -4.896 100.428 -6.424
201412 -2.209 99.070 -2.938
201503 0.771 99.621 1.020
201506 -1.863 100.684 -2.438
201509 -3.147 100.392 -4.131
201512 1.442 99.792 1.904
201603 -0.088 100.470 -0.115
201606 -0.505 101.688 -0.654
201609 0.312 101.861 0.404
201612 -0.519 101.863 -0.671
201703 0.460 102.862 0.589
201706 1.336 103.349 1.703
201709 -0.905 104.136 -1.145
201712 -1.701 104.011 -2.155
201803 0.626 105.290 0.783
201806 0.897 106.317 1.112
201809 -1.207 106.507 -1.493
201812 -1.437 105.998 -1.786
201903 -0.599 107.251 -0.736
201906 -2.559 108.070 -3.120
201909 3.020 108.329 3.674
201912 -0.572 108.420 -0.695
202003 -2.333 108.902 -2.823
202006 0.293 108.767 0.355
202009 0.362 109.815 0.434
202012 1.938 109.897 2.324
202103 0.827 111.754 0.975
202106 1.088 114.631 1.251
202109 0.535 115.734 0.609
202112 -2.843 117.630 -3.185
202203 0.351 121.301 0.381
202206 -0.879 125.017 -0.927
202209 -0.535 125.227 -0.563
202212 1.259 125.222 1.325
202303 0.288 127.348 0.298
202306 0.218 128.729 0.223
202309 1.366 129.860 1.386
202312 0.693 129.419 0.706
202403 0.059 131.776 0.059

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


Goldmanchs BDC  (STU:GSB) 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.


Goldmanchs BDC Cyclically Adjusted FCF per Share Related Terms

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


Goldmanchs BDC (STU:GSB) Business Description

Traded in Other Exchanges
Address
200 West Street, New York, NY, USA, 10282
Goldman Sachs BDC Inc is a non-diversified, closed-end management investment company that elected to be regulated as a business development company focused on lending to middle-market companies. The investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including the first lien, unitranche and second lien debt, and unsecured debt. It invests primarily in U.S. middle-market companies such as banks and the public debt markets. The company's origination strategy focuses on leading the negotiation and structuring of the loans or securities in which it invests and holding the investments in its portfolio to maturity. It generates majority revenue in the form of interest income and dividend income.

Goldmanchs BDC (STU:GSB) Headlines

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