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American Express Co (BUE:AXP) Cyclically Adjusted Price-to-FCF : 15.40 (As of May. 15, 2024)


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What is American Express Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), American Express Co's current share price is ARS17541.50. American Express Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ARS1,139.25. American Express Co's Cyclically Adjusted Price-to-FCF for today is 15.40.

The historical rank and industry rank for American Express Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BUE:AXP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.34   Med: 12.3   Max: 17.9
Current: 15.37

During the past years, American Express Co's highest Cyclically Adjusted Price-to-FCF was 17.90. The lowest was 7.34. And the median was 12.30.

BUE:AXP's Cyclically Adjusted Price-to-FCF is ranked worse than
67.31% of 104 companies
in the Credit Services industry
Industry Median: 9.315 vs BUE:AXP: 15.37

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.

American Express Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ARS60,153.568. 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 ARS1,139.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Express Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for American Express Co'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.

American Express Co Cyclically Adjusted Price-to-FCF Chart

American Express Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.01 12.83 15.03 10.94 12.18

American Express Co 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 12.92 13.30 10.25 12.18 14.49

Competitive Comparison of American Express Co's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, American Express Co'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.


American Express Co's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, American Express Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where American Express Co's Cyclically Adjusted Price-to-FCF falls into.



American Express Co 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.

American Express Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=17541.50/1139.25
=15.40

* 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.

American Express Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, American Express Co'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)
=60153.568/129.4194*129.4194
=60,153.568

Current CPI (Mar. 2024) = 129.4194.

American Express Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 98.299 100.560 126.510
201409 272.833 100.428 351.595
201412 170.772 99.070 223.087
201503 161.220 99.621 209.444
201506 163.970 100.684 210.768
201509 306.211 100.392 394.751
201512 319.939 99.792 414.925
201603 337.727 100.470 435.038
201606 48.134 101.688 61.261
201609 230.297 101.861 292.604
201612 511.035 101.863 649.284
201703 150.755 102.862 189.677
201706 528.613 103.349 661.958
201709 800.193 104.136 994.477
201712 1,035.926 104.011 1,288.987
201803 427.318 105.290 525.249
201806 791.020 106.317 962.908
201809 2,032.931 106.507 2,470.274
201812 -747.470 105.998 -912.632
201903 3,801.885 107.251 4,587.742
201906 1,302.959 108.070 1,560.368
201909 -956.896 108.329 -1,143.188
201912 2,027.902 108.420 2,420.675
202003 -1,961.943 108.902 -2,331.589
202006 1,510.372 108.767 1,797.153
202009 1,684.925 109.815 1,985.723
202012 3,093.652 109.897 3,643.223
202103 2,194.371 111.754 2,541.235
202106 3,372.246 114.631 3,807.282
202109 4,649.209 115.734 5,198.959
202112 5,958.279 117.630 6,555.472
202203 4,862.906 121.301 5,188.369
202206 6,083.616 125.017 6,297.857
202209 7,541.145 125.227 7,793.642
202212 17,725.238 125.222 18,319.411
202303 -1,959.569 127.348 -1,991.446
202306 11,491.498 128.729 11,553.156
202309 37,444.174 129.860 37,317.274
202312 31,496.878 129.419 31,496.878
202403 60,153.568 129.419 60,153.568

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.


American Express Co  (BUE:AXP) 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.


American Express Co Cyclically Adjusted Price-to-FCF Related Terms

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


American Express Co (BUE:AXP) Business Description

Address
200 Vesey Street, New York, NY, USA, 10285
American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, it has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.