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HireQuest (HireQuest) Cyclically Adjusted Price-to-FCF : 15.61 (As of May. 26, 2024)


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What is HireQuest Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), HireQuest's current share price is $12.80. HireQuest's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.82. HireQuest's Cyclically Adjusted Price-to-FCF for today is 15.61.

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

HQI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.69   Med: 17.27   Max: 221.5
Current: 15.63

During the past years, HireQuest's highest Cyclically Adjusted Price-to-FCF was 221.50. The lowest was 7.69. And the median was 17.27.

HQI's Cyclically Adjusted Price-to-FCF is ranked better than
55.15% of 359 companies
in the Business Services industry
Industry Median: 18.39 vs HQI: 15.63

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.

HireQuest's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.077. 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


HireQuest Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for HireQuest'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.

HireQuest Cyclically Adjusted Price-to-FCF Chart

HireQuest 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 14.34 20.70 29.46 17.61 17.74

HireQuest 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 24.68 29.22 17.50 17.74 15.81

Competitive Comparison of HireQuest's Cyclically Adjusted Price-to-FCF

For the Staffing & Employment Services subindustry, HireQuest'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.


HireQuest's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

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

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



HireQuest 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.80/0.82
=15.61

* 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.

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

For example, HireQuest'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)
=-0.077/131.7762*131.7762
=-0.077

Current CPI (Mar. 2024) = 131.7762.

HireQuest Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.052 100.560 -0.068
201409 0.258 100.428 0.339
201412 0.788 99.070 1.048
201503 0.091 99.621 0.120
201506 -0.294 100.684 -0.385
201509 0.438 100.392 0.575
201512 0.360 99.792 0.475
201603 -0.338 100.470 -0.443
201606 0.000 101.688 0.000
201609 -0.192 101.861 -0.248
201612 0.442 101.863 0.572
201703 0.253 102.862 0.324
201706 -0.091 103.349 -0.116
201709 0.308 104.136 0.390
201712 0.440 104.011 0.557
201803 -0.047 105.290 -0.059
201806 0.013 106.317 0.016
201809 0.019 106.507 0.024
201812 0.524 105.998 0.651
201903 -0.050 107.251 -0.061
201906 -0.144 108.070 -0.176
201909 -0.045 108.329 -0.055
201912 0.438 108.420 0.532
202003 0.356 108.902 0.431
202006 0.285 108.767 0.345
202009 -0.228 109.815 -0.274
202012 0.252 109.897 0.302
202103 0.828 111.754 0.976
202106 -0.081 114.631 -0.093
202109 0.248 115.734 0.282
202112 0.127 117.630 0.142
202203 0.381 121.301 0.414
202206 0.240 125.017 0.253
202209 0.128 125.227 0.135
202212 0.374 125.222 0.394
202303 0.017 127.348 0.018
202306 -0.049 128.729 -0.050
202309 0.133 129.860 0.135
202312 0.630 129.419 0.641
202403 -0.077 131.776 -0.077

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.


HireQuest  (NAS:HQI) 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.


HireQuest Cyclically Adjusted Price-to-FCF Related Terms

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


HireQuest (HireQuest) Business Description

Industry
Traded in Other Exchanges
N/A
Address
111 Springhall Drive, Goose Creek, SC, USA, 29445
HireQuest Inc is a nationwide franchisor of offices providing direct-dispatch, executive search, and commercial staffing solutions in the light industrial and blue-collar segments of the staffing industry and traditional commercial staffing. The company's franchisees provide various types of temporary personnel through two business models operating under the trade names HireQuest Direct, HireQuest, Snelling, DriverQuest, HireQuest Health, Northbound Executive Search, and MRI. The primary source of revenue for the company is royalty fees based on the operation of its franchised offices.
Executives
Lawrence F Hagenbuch director 600 CORPORATION DRIVE, PENDLETON IN 46064
R. Rimmy Malhotra director C/O COMMAND CENTER, INC., 3609 S WADSWORTH BLVD., SUITE 250, LAKEWOOD CO 80235
Kathleen M Shanahan director 24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134
Jack A. Olmstead director 111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
Edward Jackson director, 10 percent owner 111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
Richard Hermanns director, 10 percent owner, officer: President and CEO 111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
David S. Burnett officer: CFO C/O INTERLINK ELECTRONICS, INC., 31248 OAK CREST DRIVE, SUITE 110, WESTLAKE VILLAGE CA 91361
Richard F & Lisa S Hermanns Dynasty Trust Dated July 16, 2008 10 percent owner 240 S PINEAPPLE AVENUE, 10TH FLOOR, SARASOTA FL 34236
Jd Smith director 13506 SUMMERPORT VILLAGE PARKWAY #160, WINDERMERE FL 34786
John Mcannar officer: Secretary, VP and GC 111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
Smith Cory officer: CFO and Treasurer 360 S. MONROE STREET, APT. 707, DENVER CO 80209
Payne Brown director 111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
Brendan Simaytis officer: Executive VP & General Counsel COMMAND CENTER, INC., 3609 S. WADSWORTH BLVD., SUITE 250, LAKEWOOD CO 80235
Steven Mark Bathgate director 5350 S ROSLYN, SUITE 380, ENGLEWOOD CO 80111
Galen G Vetter director 500 EAST GRANT STREET, #2011, MINNEAPOLIS MN 55404

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