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Starrex International (XCNQ:STX) Cyclically Adjusted FCF per Share : C$-0.06 (As of Dec. 2023)


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What is Starrex International 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.

Starrex International's adjusted free cash flow per share for the three months ended in Dec. 2023 was C$-0.034. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-0.06 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -14.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 0.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -7.30% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Starrex International was 15.70% per year. The lowest was -18.60% per year. And the median was -14.50% per year.

As of today (2024-06-03), Starrex International's current stock price is C$0.12. Starrex International's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was C$-0.06. Starrex International's Cyclically Adjusted Price-to-FCF of today is .


Starrex International Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Starrex International'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.

Starrex International Cyclically Adjusted FCF per Share Chart

Starrex International 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 -0.05 -0.04 -0.03 -0.04 -0.06

Starrex International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.04 -0.04 -0.05 -0.05 -0.06

Competitive Comparison of Starrex International's Cyclically Adjusted FCF per Share

For the Mortgage Finance subindustry, Starrex International'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.


Starrex International's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Starrex International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Starrex International 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, Starrex International'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)
=-0.034/125.0724*125.0724
=-0.034

Current CPI (Dec. 2023) = 125.0724.

Starrex International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.024 98.604 -0.030
201406 -0.040 99.473 -0.050
201409 -0.025 99.394 -0.031
201412 -0.007 98.367 -0.009
201503 -0.014 99.789 -0.018
201506 0.000 100.500 0.000
201509 -0.030 100.421 -0.037
201512 -0.023 99.947 -0.029
201603 -0.006 101.054 -0.007
201606 0.009 102.002 0.011
201609 0.001 101.765 0.001
201612 -0.006 101.449 -0.007
201703 -0.002 102.634 -0.002
201706 0.007 103.029 0.008
201709 -0.009 103.345 -0.011
201712 -0.026 103.345 -0.031
201803 -0.114 105.004 -0.136
201806 -0.014 105.557 -0.017
201809 -0.006 105.636 -0.007
201812 -0.013 105.399 -0.015
201903 -0.016 106.979 -0.019
201906 0.008 107.690 0.009
201909 0.003 107.611 0.003
201912 -0.006 107.769 -0.007
202003 0.028 107.927 0.032
202006 -0.014 108.401 -0.016
202009 0.046 108.164 0.053
202012 0.024 108.559 0.028
202103 0.037 110.298 0.042
202106 0.047 111.720 0.053
202109 -0.032 112.905 -0.035
202112 0.009 113.774 0.010
202203 0.009 117.646 0.010
202206 -0.037 120.806 -0.038
202209 -0.020 120.648 -0.021
202212 -0.057 120.964 -0.059
202303 -0.010 122.702 -0.010
202306 -0.143 124.203 -0.144
202309 0.018 125.230 0.018
202312 -0.034 125.072 -0.034

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


Starrex International  (XCNQ:STX) 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.


Starrex International Cyclically Adjusted FCF per Share Related Terms

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


Starrex International (XCNQ:STX) Business Description

Traded in Other Exchanges
Address
1250, 639 - 5th Avenue South West, Calgary, AB, CAN, T2P 0M9
Starrex International Ltd is engaged in acquiring, managing, and growing companies in the United States active in the mortgage, real estate, and other financial sectors. it operates in three segments; Property Interlink, LLC managed residential appraisals and maintained all of the ordering, tracking, administrative duties and details and ensured the timeliness of appraisals that are handled during a real estate mortgage transaction, MFI Credit Solutions, LLC manages consumer credit reporting and maintains all of the ordering, tracking, administrative duties and details required to support consumer credit reporting activities, and Reliable Valuation Service, LLC provided residential evaluations of residential real estate to third parties.
Executives
Ronald Kevin Mann Senior Officer