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A.K. Capital Services (BOM:530499) Cyclically Adjusted Price-to-FCF : 13.07 (As of Jun. 10, 2024)


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What is A.K. Capital Services Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), A.K. Capital Services's current share price is ₹1045.05. A.K. Capital Services's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 was ₹79.96. A.K. Capital Services's Cyclically Adjusted Price-to-FCF for today is 13.07.

The historical rank and industry rank for A.K. Capital Services's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BOM:530499' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.07   Med: 15.97   Max: 18.87
Current: 13.07

During the past 13 years, A.K. Capital Services's highest Cyclically Adjusted Price-to-FCF was 18.87. The lowest was 11.07. And the median was 15.97.

BOM:530499's Cyclically Adjusted Price-to-FCF is ranked better than
61.41% of 241 companies
in the Capital Markets industry
Industry Median: 18.14 vs BOM:530499: 13.07

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.

A.K. Capital Services's adjusted free cash flow per share data of for the fiscal year that ended in Mar24 was ₹500.244. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ₹79.96 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


A.K. Capital Services Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for A.K. Capital Services's Cyclically Adjusted Price-to-FCF 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.K. Capital Services Cyclically Adjusted Price-to-FCF Chart

A.K. Capital Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 15.79 11.41

A.K. Capital Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 15.79 - - - 11.41

Competitive Comparison of A.K. Capital Services's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, A.K. Capital Services'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.K. Capital Services's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

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

* The bar in red indicates where A.K. Capital Services's Cyclically Adjusted Price-to-FCF falls into.



A.K. Capital Services Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

A.K. Capital Services's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1045.05/79.96
=13.07

* 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.

A.K. Capital Services's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, A.K. Capital Services's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=500.244/153.0345*153.0345
=500.244

Current CPI (Mar24) = 153.0345.

A.K. Capital Services Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 153.330 97.163 241.499
201603 -648.272 102.518 -967.710
201703 -828.891 105.196 -1,205.834
201803 501.420 109.786 698.944
201903 36.638 118.202 47.435
202003 1,458.891 124.705 1,790.309
202103 -138.424 131.771 -160.762
202203 -186.164 138.822 -205.224
202303 58.255 146.865 60.702
202403 500.244 153.035 500.244

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


A.K. Capital Services  (BOM:530499) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


A.K. Capital Services Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of A.K. Capital Services's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


A.K. Capital Services (BOM:530499) Business Description

Traded in Other Exchanges
N/A
Address
Off CST Road, 603, 6th Floor, Windsor, Kalina, Santacruz (East), Mumbai, IND, 400 098
A.K. Capital Services Ltd is engaged in the provision of merchant banking services within India. The company operates through a single segment consisting of Investment and financial activity. The group's investment banking products and services include private placement of fixed income securities such as commercial paper, public issue of bond and non-convertible debentures, loan syndication, underwriting of debt issues, qualified institutional placements, and foreign institutional debt financing. In addition, it is involved in providing various services related to Broking & Distribution, Advisory, Financing, and Structured Products such as corporate debt restructuring, fundraising, offshore debt financing, and others.

A.K. Capital Services (BOM:530499) Headlines

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