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Element Fleet Management (Element Fleet Management) Cyclically Adjusted Price-to-FCF : 177.50 (As of Jun. 10, 2024)


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What is Element Fleet Management Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Element Fleet Management's current share price is $17.75. Element Fleet Management's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.10. Element Fleet Management's Cyclically Adjusted Price-to-FCF for today is 177.50.

The historical rank and industry rank for Element Fleet Management's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ELEEF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 116.43   Med: 155.89   Max: 390.8
Current: 186.37

During the past years, Element Fleet Management's highest Cyclically Adjusted Price-to-FCF was 390.80. The lowest was 116.43. And the median was 155.89.

ELEEF's Cyclically Adjusted Price-to-FCF is ranked worse than
94.85% of 369 companies
in the Business Services industry
Industry Median: 18.07 vs ELEEF: 186.37

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.

Element Fleet Management's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.796. 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 $0.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Element Fleet Management Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Element Fleet Management'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.

Element Fleet Management Cyclically Adjusted Price-to-FCF Chart

Element Fleet Management 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 - - 312.35 353.52 -

Element Fleet Management 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 - - - - 163.84

Competitive Comparison of Element Fleet Management's Cyclically Adjusted Price-to-FCF

For the Rental & Leasing Services subindustry, Element Fleet Management'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.


Element Fleet Management's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Element Fleet Management's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Element Fleet Management's Cyclically Adjusted Price-to-FCF falls into.



Element Fleet Management 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.

Element Fleet Management's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=17.75/0.1
=177.50

* 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.

Element Fleet Management's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Element Fleet Management'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)
=-0.796/126.2576*126.2576
=-0.796

Current CPI (Mar. 2024) = 126.2576.

Element Fleet Management Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.536 99.473 -3.219
201409 -0.905 99.394 -1.150
201412 -1.503 98.367 -1.929
201503 -1.422 99.789 -1.799
201506 -1.699 100.500 -2.134
201509 1.042 100.421 1.310
201512 -0.310 99.947 -0.392
201603 0.487 101.054 0.608
201606 0.153 102.002 0.189
201609 -0.190 101.765 -0.236
201612 0.325 101.449 0.404
201703 -0.546 102.634 -0.672
201706 -0.816 103.029 -1.000
201709 1.076 103.345 1.315
201712 0.314 103.345 0.384
201803 -0.085 105.004 -0.102
201806 -0.285 105.557 -0.341
201809 0.482 105.636 0.576
201812 -0.646 105.399 -0.774
201903 0.511 106.979 0.603
201906 0.565 107.690 0.662
201909 0.043 107.611 0.050
201912 0.604 107.769 0.708
202003 0.456 107.927 0.533
202006 1.491 108.401 1.737
202009 1.565 108.164 1.827
202012 1.174 108.559 1.365
202103 1.566 110.298 1.793
202106 1.018 111.720 1.150
202109 0.924 112.905 1.033
202112 0.792 113.774 0.879
202203 0.446 117.646 0.479
202206 0.100 120.806 0.105
202209 0.393 120.648 0.411
202212 -0.662 120.964 -0.691
202303 -0.981 122.702 -1.009
202306 -1.245 124.203 -1.266
202309 -0.054 125.230 -0.054
202312 -0.329 125.072 -0.332
202403 -0.796 126.258 -0.796

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.


Element Fleet Management  (OTCPK:ELEEF) 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.


Element Fleet Management Cyclically Adjusted Price-to-FCF Related Terms

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


Element Fleet Management (Element Fleet Management) Business Description

Address
161 Bay Street, Suite 3600, Toronto, ON, CAN, M5J 2S1
Element Fleet Management Corp is a fleet management company, providing services and financings for commercial vehicle and equipment fleets. The company operates in U.S., Canada, Mexico, Australia, and New Zealand.