GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Monroe Capital Corp (NAS:MRCC) » Definitions » Cyclically Adjusted Price-to-FCF

Monroe Capital (Monroe Capital) Cyclically Adjusted Price-to-FCF : (As of May. 31, 2024)


View and export this data going back to 2012. Start your Free Trial

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

Shiller PE for Stocks: The True Measure of Stock Valuation


Monroe Capital Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Monroe 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.

Monroe Capital Cyclically Adjusted Price-to-FCF Chart

Monroe 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 - - - - -

Monroe 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 - - - - -

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

For the Asset Management subindustry, Monroe 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.


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

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

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



Monroe 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.

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

For example, Monroe 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)
=-0.567/131.7762*131.7762
=-0.567

Current CPI (Mar. 2024) = 131.7762.

Monroe Capital Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.930 100.560 -1.219
201409 1.383 100.428 1.815
201412 -0.108 99.070 -0.144
201503 -1.579 99.621 -2.089
201506 -0.496 100.684 -0.649
201509 -4.798 100.392 -6.298
201512 -0.128 99.792 -0.169
201603 0.031 100.470 0.041
201606 0.468 101.688 0.606
201609 -1.854 101.861 -2.398
201612 -1.779 101.863 -2.301
201703 -0.206 102.862 -0.264
201706 -1.498 103.349 -1.910
201709 1.393 104.136 1.763
201712 -3.373 104.011 -4.273
201803 -0.059 105.290 -0.074
201806 0.041 106.317 0.051
201809 0.743 106.507 0.919
201812 -3.420 105.998 -4.252
201903 -1.713 107.251 -2.105
201906 -1.505 108.070 -1.835
201909 -1.182 108.329 -1.438
201912 2.481 108.420 3.015
202003 -0.800 108.902 -0.968
202006 2.304 108.767 2.791
202009 2.601 109.815 3.121
202012 -0.548 109.897 -0.657
202103 1.587 111.754 1.871
202106 0.177 114.631 0.203
202109 -0.836 115.734 -0.952
202112 0.019 117.630 0.021
202203 0.654 121.301 0.710
202206 0.113 125.017 0.119
202209 1.171 125.227 1.232
202212 -1.287 125.222 -1.354
202303 0.403 127.348 0.417
202306 0.755 128.729 0.773
202309 -0.243 129.860 -0.247
202312 1.473 129.419 1.500
202403 -0.567 131.776 -0.567

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.


Monroe Capital  (NAS:MRCC) 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.


Monroe Capital Cyclically Adjusted Price-to-FCF Related Terms

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


Monroe Capital (Monroe Capital) Business Description

Traded in Other Exchanges
Address
311 South Wacker Drive, Suite 6400, Chicago, IL, USA, 60606
Monroe Capital Corp is a speciality finance company focused on providing financing to lower middle-market companies, in the U.S. and Canada. The company provides customized financing solutions focused on senior, unitranche and junior secured debt and unsecured subordinated debt and equity, including equity co-investments in preferred and common stock and warrants. Its investment activities are managed by its investment adviser, Monroe Capital BDC Advisors, LLC.
Executives
Lewis Solimene officer: CFO and CIO C/O GSV GROWTH CREDIT FUND INC., 2925 WOODSIDE ROAD, WOODSIDE CA 94062
Caroline Davidson director 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Thomas J. Allison director C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Jeffrey D. Steele director C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Jorde M. Nathan director C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Robert S Rubin director C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Theodore L Koenig director, officer: Chairman, President & CEO C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Aaron Daniel Peck director, officer: See Remarks C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Jeffrey A Golman director C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606