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The Carlyle Group (FRA:3VU) Cyclically Adjusted Price-to-FCF : 7.62 (As of May. 29, 2024)


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What is The Carlyle Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-29), The Carlyle Group's current share price is €40.385. The Carlyle Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €5.30. The Carlyle Group's Cyclically Adjusted Price-to-FCF for today is 7.62.

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

FRA:3VU' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.7   Med: 2.19   Max: 8.27
Current: 7.82

During the past years, The Carlyle Group's highest Cyclically Adjusted Price-to-FCF was 8.27. The lowest was 0.70. And the median was 2.19.

FRA:3VU's Cyclically Adjusted Price-to-FCF is ranked better than
74.85% of 497 companies
in the Asset Management industry
Industry Median: 20.05 vs FRA:3VU: 7.82

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.

The Carlyle Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.142. 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 €5.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Carlyle Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for The Carlyle Group'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.

The Carlyle Group Cyclically Adjusted Price-to-FCF Chart

The Carlyle Group 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 1.16 1.25 3.10 2.15 5.26

The Carlyle Group 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 2.98 3.02 3.83 5.26 8.24

Competitive Comparison of The Carlyle Group's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, The Carlyle Group'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.


The Carlyle Group's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



The Carlyle Group 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.

The Carlyle Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=40.385/5.3
=7.62

* 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.

The Carlyle Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, The Carlyle Group'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)
=0.142/131.7762*131.7762
=0.142

Current CPI (Mar. 2024) = 131.7762.

The Carlyle Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 11.281 100.560 14.783
201409 4.648 100.428 6.099
201412 1.302 99.070 1.732
201503 18.616 99.621 24.625
201506 5.217 100.684 6.828
201509 3.368 100.392 4.421
201512 -1.704 99.792 -2.250
201603 0.046 100.470 0.060
201606 -4.332 101.688 -5.614
201609 1.473 101.861 1.906
201612 -1.333 101.863 -1.724
201703 5.197 102.862 6.658
201706 -1.421 103.349 -1.812
201709 0.475 104.136 0.601
201712 -4.604 104.011 -5.833
201803 -0.199 105.290 -0.249
201806 -3.980 106.317 -4.933
201809 1.545 106.507 1.912
201812 -3.437 105.998 -4.273
201903 2.551 107.251 3.134
201906 -0.648 108.070 -0.790
201909 4.808 108.329 5.849
201912 -4.021 108.420 -4.887
202003 -0.673 108.902 -0.814
202006 0.394 108.767 0.477
202009 -0.112 109.815 -0.134
202012 -0.176 109.897 -0.211
202103 0.139 111.754 0.164
202106 1.187 114.631 1.365
202109 1.626 115.734 1.851
202112 1.156 117.630 1.295
202203 -2.507 121.301 -2.723
202206 -0.496 125.017 -0.523
202209 0.805 125.227 0.847
202212 -0.351 125.222 -0.369
202303 -0.321 127.348 -0.332
202306 -1.932 128.729 -1.978
202309 2.017 129.860 2.047
202312 0.603 129.419 0.614
202403 0.142 131.776 0.142

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.


The Carlyle Group  (FRA:3VU) 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.


The Carlyle Group Cyclically Adjusted Price-to-FCF Related Terms

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The Carlyle Group (FRA:3VU) Business Description

Traded in Other Exchanges
Address
1001 Pennsylvania Avenue, NW, Washington, DC, USA, 20004-2505
The Carlyle Group is one of the world's largest alternative-asset managers, with $382.3 billion in total assets under management, including $273.0 billion in fee-earning AUM, at the end of September 2023. The company has three core business segments: private equity, which includes private equity, real estate, infrastructure, and natural resources funds (accounting for 40% of fee-earning AUM and 64% of base management fees during 2023), global credit (46% and 25%) and investment solutions (14% and 11%). The firm primarily serves institutional investors and high-net-worth individuals. Carlyle operates through 29 offices across five continents, serving more than 2,900 active carry fund investors from 88 countries.

The Carlyle Group (FRA:3VU) Headlines

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