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Fiera Capital (Fiera Capital) Cyclically Adjusted Price-to-FCF : 6.20 (As of Jun. 06, 2024)


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What is Fiera Capital Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Fiera Capital's current share price is $5.08. Fiera Capital's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.82. Fiera Capital's Cyclically Adjusted Price-to-FCF for today is 6.20.

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

FRRPF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.21   Med: 10.08   Max: 15.07
Current: 6.4

During the past years, Fiera Capital's highest Cyclically Adjusted Price-to-FCF was 15.07. The lowest was 4.21. And the median was 10.08.

FRRPF's Cyclically Adjusted Price-to-FCF is ranked better than
77.93% of 503 companies
in the Asset Management industry
Industry Median: 20.26 vs FRRPF: 6.40

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.

Fiera Capital's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.179. 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 $0.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fiera Capital Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fiera Capital'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.

Fiera Capital Cyclically Adjusted Price-to-FCF Chart

Fiera Capital 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 - - 12.25 9.41 5.51

Fiera Capital 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 7.43 6.25 5.21 5.51 7.57

Competitive Comparison of Fiera Capital's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Fiera Capital'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.


Fiera Capital's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



Fiera Capital 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.

Fiera Capital's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.08/0.82
=6.20

* 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.

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

For example, Fiera Capital'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)
=-0.179/126.2576*126.2576
=-0.179

Current CPI (Mar. 2024) = 126.2576.

Fiera Capital Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.271 99.473 0.344
201409 0.235 99.394 0.299
201412 0.269 98.367 0.345
201503 -0.048 99.789 -0.061
201506 0.222 100.500 0.279
201509 0.238 100.421 0.299
201512 0.188 99.947 0.237
201603 -0.087 101.054 -0.109
201606 0.198 102.002 0.245
201609 0.168 101.765 0.208
201612 0.194 101.449 0.241
201703 0.051 102.634 0.063
201706 0.161 103.029 0.197
201709 0.161 103.345 0.197
201712 0.218 103.345 0.266
201803 -0.250 105.004 -0.301
201806 0.306 105.557 0.366
201809 0.185 105.636 0.221
201812 0.447 105.399 0.535
201903 -0.197 106.979 -0.233
201906 0.244 107.690 0.286
201909 0.255 107.611 0.299
201912 0.540 107.769 0.633
202003 -0.192 107.927 -0.225
202006 0.357 108.401 0.416
202009 0.167 108.164 0.195
202012 0.660 108.559 0.768
202103 -0.214 110.298 -0.245
202106 0.392 111.720 0.443
202109 0.243 112.905 0.272
202112 0.532 113.774 0.590
202203 -0.208 117.646 -0.223
202206 0.340 120.806 0.355
202209 0.175 120.648 0.183
202212 0.462 120.964 0.482
202303 -0.100 122.702 -0.103
202306 0.082 124.203 0.083
202309 0.414 125.230 0.417
202312 0.401 125.072 0.405
202403 -0.179 126.258 -0.179

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.


Fiera Capital  (OTCPK:FRRPF) 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.


Fiera Capital Cyclically Adjusted Price-to-FCF Related Terms

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


Fiera Capital (Fiera Capital) Business Description

Traded in Other Exchanges
Address
1981 McGill College Avenue, Suite 1500, Montreal, QC, CAN, H3A 0H5
Fiera Capital Corp is a asset management firm which delivers customized and multi-asset solutions across public and private market asset classes to institutional, financial intermediary and private wealth clients. The company offers institutional clients a complete range of traditional and alternative investment strategies through specialized and balanced mandates. Its geographical segments are Canada, United States, and Europe & other. The company derives majority of the revenue from United States.