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Accordant Group (NZSE:AGL) Cyclically Adjusted Price-to-FCF : 1.57 (As of Jun. 04, 2024)


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What is Accordant Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), Accordant Group's current share price is NZ$0.425. Accordant Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 was NZ$0.27. Accordant Group's Cyclically Adjusted Price-to-FCF for today is 1.57.

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

NZSE:AGL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.57   Med: 8   Max: 22.92
Current: 1.58

During the past 13 years, Accordant Group's highest Cyclically Adjusted Price-to-FCF was 22.92. The lowest was 1.57. And the median was 8.00.

NZSE:AGL's Cyclically Adjusted Price-to-FCF is ranked better than
96.7% of 364 companies
in the Business Services industry
Industry Median: 17.99 vs NZSE:AGL: 1.58

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.

Accordant Group's adjusted free cash flow per share data of for the fiscal year that ended in Mar24 was NZ$0.061. 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 NZ$0.27 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Accordant Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Accordant Group'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.

Accordant Group Cyclically Adjusted Price-to-FCF Chart

Accordant Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.82 5.69 7.84 5.96 2.08

Accordant Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 7.84 - 5.96 - 2.08

Competitive Comparison of Accordant Group's Cyclically Adjusted Price-to-FCF

For the Staffing & Employment Services subindustry, Accordant Group'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.


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

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

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



Accordant Group 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.425/0.27
=1.57

* 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.

Accordant Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Accordant Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=0.061/129.5261*129.5261
=0.061

Current CPI (Mar24) = 129.5261.

Accordant Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.202 99.646 0.263
201603 0.054 100.063 0.070
201703 0.138 102.231 0.175
201803 0.334 103.355 0.419
201903 0.207 104.889 0.256
202003 0.261 107.547 0.314
202103 0.596 109.182 0.707
202203 0.292 116.747 0.324
202303 0.118 124.517 0.123
202403 0.061 129.526 0.061

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.


Accordant Group  (NZSE:AGL) 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.


Accordant Group Cyclically Adjusted Price-to-FCF Related Terms

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


Accordant Group (NZSE:AGL) Business Description

Traded in Other Exchanges
N/A
Address
51 Shortland Street, Level 6, P.O. Box 105675, Auckland, NTL, NZL, 1010
Accordant Group Ltd is a recruitment and staffing provider company. The group has two reportable segments: AWF and Madison, Absolute IT, and JacksonStone & Partners. The AWF brands derive their revenues from temporary staffing services to the industry. The Madison, Absolute IT, and JacksonStone & Partners brands, which is the key revenue driver, derive revenues from the temporary, contract, and permanent staff services to commerce.