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Federal Home Loan Mortgage (LTS:0IKZ) Cyclically Adjusted Price-to-FCF : 0.65 (As of Jun. 08, 2024)


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What is Federal Home Loan Mortgage Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Federal Home Loan Mortgage's current share price is $1.55. Federal Home Loan Mortgage's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.38. Federal Home Loan Mortgage's Cyclically Adjusted Price-to-FCF for today is 0.65.

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

LTS:0IKZ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.13   Med: 1.13   Max: 30.8
Current: 0.62

During the past years, Federal Home Loan Mortgage's highest Cyclically Adjusted Price-to-FCF was 30.80. The lowest was 0.13. And the median was 1.13.

LTS:0IKZ's Cyclically Adjusted Price-to-FCF is ranked better than
96.62% of 829 companies
in the Banks industry
Industry Median: 7.33 vs LTS:0IKZ: 0.62

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 Home Loan Mortgage's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.895. 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 $2.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Federal Home Loan Mortgage Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Federal Home Loan 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 Home Loan Mortgage Cyclically Adjusted Price-to-FCF Chart

Federal Home Loan 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 1.23 1.10 0.35 0.13 0.36

Federal Home Loan 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 0.14 0.16 0.22 0.36 0.58

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

For the Mortgage Finance subindustry, Federal Home Loan 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 Home Loan Mortgage's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.55/2.38
=0.65

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

For example, Federal Home Loan 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)
=0.895/131.7762*131.7762
=0.895

Current CPI (Mar. 2024) = 131.7762.

Federal Home Loan Mortgage Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.103 100.560 2.756
201409 0.091 100.428 0.119
201412 -0.751 99.070 -0.999
201503 -1.084 99.621 -1.434
201506 0.072 100.684 0.094
201509 -0.671 100.392 -0.881
201512 1.394 99.792 1.841
201603 -1.263 100.470 -1.657
201606 2.545 101.688 3.298
201609 0.281 101.861 0.364
201612 -0.203 101.863 -0.263
201703 -0.005 102.862 -0.006
201706 0.098 103.349 0.125
201709 1.378 104.136 1.744
201712 -0.165 104.011 -0.209
201803 1.436 105.290 1.797
201806 -0.355 106.317 -0.440
201809 -0.185 106.507 -0.229
201812 -0.687 105.998 -0.854
201903 1.322 107.251 1.624
201906 0.413 108.070 0.504
201909 -0.682 108.329 -0.830
201912 2.719 108.420 3.305
202003 0.863 108.902 1.044
202006 -0.731 108.767 -0.886
202009 1.796 109.815 2.155
202012 -1.647 109.897 -1.975
202103 3.210 111.754 3.785
202106 1.759 114.631 2.022
202109 0.386 115.734 0.440
202112 -0.298 117.630 -0.334
202203 1.159 121.301 1.259
202206 1.247 125.017 1.314
202209 1.364 125.227 1.435
202212 -0.083 125.222 -0.087
202303 1.062 127.348 1.099
202306 0.486 128.729 0.498
202309 0.224 129.860 0.227
202312 0.582 129.419 0.593
202403 0.895 131.776 0.895

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 Home Loan Mortgage  (LTS:0IKZ) 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 Home Loan Mortgage Cyclically Adjusted Price-to-FCF Related Terms

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


Federal Home Loan Mortgage (LTS:0IKZ) Business Description

Address
8200 Jones Branch Drive, McLean, VA, USA, 22102-3110
Federal Home Loan Mortgage Corp is a US based government-sponsored enterprise. The company invests in mortgage loans and mortgage-related securities. It operates in the following segments: Single-family, Multifamily. The company is engaged in originating, purchase, and guarantee single-family loans originated by its seller. It provides a guarantee and security for the payment of principal and interest on the mortgage-related securities in exchange for management and guarantee fees. The company purchases multifamily loans for aggregation and then securitization through the issuance of multifamily K Certificates as well as issues and guarantees other securitization products. Majority of the revenue is earned from single family.

Federal Home Loan Mortgage (LTS:0IKZ) Headlines

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