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Federal Agricultural Mortgage (FRA:A35) Cyclically Adjusted Price-to-FCF : 5.32 (As of Jun. 09, 2024)


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What is Federal Agricultural Mortgage Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Federal Agricultural Mortgage's current share price is €160.00. Federal Agricultural Mortgage's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €30.08. Federal Agricultural Mortgage's Cyclically Adjusted Price-to-FCF for today is 5.32.

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

FRA:A35' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.22   Med: 10.09   Max: 107.77
Current: 5.44

During the past years, Federal Agricultural Mortgage's highest Cyclically Adjusted Price-to-FCF was 107.77. The lowest was 1.22. And the median was 10.09.

FRA:A35's Cyclically Adjusted Price-to-FCF is ranked better than
62.86% of 105 companies
in the Credit Services industry
Industry Median: 9.61 vs FRA:A35: 5.44

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.

Federal Agricultural Mortgage's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €19.433. 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 €30.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Federal Agricultural Mortgage Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Federal Agricultural Mortgage'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.

Federal Agricultural Mortgage Cyclically Adjusted Price-to-FCF Chart

Federal Agricultural Mortgage 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 11.69 5.66 7.39 3.77 6.27

Federal Agricultural Mortgage 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 4.52 4.93 4.75 6.27 5.88

Competitive Comparison of Federal Agricultural Mortgage's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, Federal Agricultural Mortgage'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.


Federal Agricultural Mortgage's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

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

* The bar in red indicates where Federal Agricultural Mortgage's Cyclically Adjusted Price-to-FCF falls into.



Federal Agricultural Mortgage 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.

Federal Agricultural Mortgage's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=160.00/30.08
=5.32

* 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.

Federal Agricultural Mortgage's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Federal Agricultural Mortgage'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)
=19.433/131.7762*131.7762
=19.433

Current CPI (Mar. 2024) = 131.7762.

Federal Agricultural Mortgage Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 108.585 100.560 142.293
201409 4.222 100.428 5.540
201412 -119.328 99.070 -158.722
201503 7.260 99.621 9.603
201506 1.895 100.684 2.480
201509 4.115 100.392 5.401
201512 1.597 99.792 2.109
201603 4.359 100.470 5.717
201606 -1.219 101.688 -1.580
201609 6.858 101.861 8.872
201612 8.123 101.863 10.508
201703 8.900 102.862 11.402
201706 -0.994 103.349 -1.267
201709 5.176 104.136 6.550
201712 1.381 104.011 1.750
201803 8.897 105.290 11.135
201806 3.532 106.317 4.378
201809 7.185 106.507 8.890
201812 -4.266 105.998 -5.303
201903 1.521 107.251 1.869
201906 -9.794 108.070 -11.942
201909 -3.152 108.329 -3.834
201912 9.874 108.420 12.001
202003 -27.725 108.902 -33.549
202006 1.926 108.767 2.333
202009 6.419 109.815 7.703
202012 9.959 109.897 11.942
202103 30.885 111.754 36.418
202106 -7.047 114.631 -8.101
202109 9.992 115.734 11.377
202112 0.260 117.630 0.291
202203 22.461 121.301 24.401
202206 22.353 125.017 23.562
202209 16.742 125.227 17.618
202212 8.916 125.222 9.383
202303 5.181 127.348 5.361
202306 10.071 128.729 10.309
202309 31.095 129.860 31.554
202312 -13.940 129.419 -14.194
202403 19.433 131.776 19.433

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.


Federal Agricultural Mortgage  (FRA:A35) 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.


Federal Agricultural Mortgage Cyclically Adjusted Price-to-FCF Related Terms

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


Federal Agricultural Mortgage (FRA:A35) Business Description

Address
1999 K Street, North West, 4th Floor, Washington, DC, USA, 20006
Federal Agricultural Mortgage Corp provides agricultural real estate and rural housing mortgage loans in the secondary market in the U.S. Its operations consist of seven segments: Farm & Ranch, Corporate AgFinance, Rural Utilities, Renewable Energy, Funding, Investments, and Corporate. The company purchases eligible mortgage loans secured by first liens on agricultural real estate and rural housing under the Farm & Ranch line of business. Its subsidiary purchases the portions of certain agricultural, rural development, business and industry, and community facilities loans guaranteed by the USDA.

Federal Agricultural Mortgage (FRA:A35) Headlines

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