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SPAR Group (SPAR Group) Cyclically Adjusted Price-to-FCF : 14.75 (As of May. 15, 2024)


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

As of today (2024-05-15), SPAR Group's current share price is $1.77. SPAR Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.12. SPAR Group's Cyclically Adjusted Price-to-FCF for today is 14.75.

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

SGRP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.82   Med: 16.67   Max: 80
Current: 14.46

During the past years, SPAR Group's highest Cyclically Adjusted Price-to-FCF was 80.00. The lowest was 4.82. And the median was 16.67.

SGRP's Cyclically Adjusted Price-to-FCF is ranked better than
58.61% of 360 companies
in the Business Services industry
Industry Median: 18.27 vs SGRP: 14.46

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.

SPAR Group's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.181. 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 $0.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SPAR Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SPAR 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.

SPAR Group Cyclically Adjusted Price-to-FCF Chart

SPAR Group 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 12.93 8.03 8.67 12.22 8.35

SPAR Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.22 14.13 11.13 10.71 8.35

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

For the Specialty Business Services subindustry, SPAR 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.


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

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

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



SPAR 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.77/0.12
=14.75

* 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.

SPAR Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, SPAR Group's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.181/129.4194*129.4194
=0.181

Current CPI (Dec. 2023) = 129.4194.

SPAR Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.103 99.695 0.134
201406 -0.103 100.560 -0.133
201409 0.164 100.428 0.211
201412 -0.119 99.070 -0.155
201503 0.042 99.621 0.055
201506 0.087 100.684 0.112
201509 0.054 100.392 0.070
201512 -0.022 99.792 -0.029
201603 0.197 100.470 0.254
201606 -0.203 101.688 -0.258
201609 0.060 101.861 0.076
201612 -0.054 101.863 -0.069
201703 0.292 102.862 0.367
201706 -0.132 103.349 -0.165
201709 0.101 104.136 0.126
201712 -0.002 104.011 -0.002
201803 -0.051 105.290 -0.063
201806 -0.458 106.317 -0.558
201809 0.328 106.507 0.399
201812 0.192 105.998 0.234
201903 0.004 107.251 0.005
201906 -0.104 108.070 -0.125
201909 0.110 108.329 0.131
201912 0.214 108.420 0.255
202003 0.052 108.902 0.062
202006 0.325 108.767 0.387
202009 -0.095 109.815 -0.112
202012 0.058 109.897 0.068
202103 0.096 111.754 0.111
202106 -0.090 114.631 -0.102
202109 -0.020 115.734 -0.022
202112 0.057 117.630 0.063
202203 -0.160 121.301 -0.171
202206 -0.039 125.017 -0.040
202209 -0.048 125.227 -0.050
202212 -0.063 125.222 -0.065
202303 0.111 127.348 0.113
202306 0.147 128.729 0.148
202309 -0.234 129.860 -0.233
202312 0.181 129.419 0.181

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.


SPAR Group  (NAS:SGRP) 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.


SPAR Group Cyclically Adjusted Price-to-FCF Related Terms

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


SPAR Group (SPAR Group) Business Description

Industry
Traded in Other Exchanges
Address
1910 Opdyke Court, Auburn Hills, MI, USA, 48326
SPAR Group Inc is a supplier of merchandising and other marketing services. It also provides in-store event staffing, product sampling, audit services, furniture and other product assembly services, technology services and marketing research services. The company divides its operations into two reportable segments: Domestic division is comprised of all operations within the United States; and The International division is a consolidation of all other operations and joint ventures. Its customers are from retail and manufacturing segments. Its geographic presence is in Brazil, South Africa, Mexico, China, Japan, India, Canada, Australia, Turkey, and United States from where it generates maximum revenue.
Executives
Pato Antonio Calisto officer: Chief Financial Officer C/O SPAR GROUP, INC., 1910 OPDYKE COURT, AUBURN HILLS MI 48326
Robert G/ Brown director, 10 percent owner, officer: Chairman, Chief Executive Offi
Spar Business Services Inc other: Affiliated with Robert G Brown 7711 N MILITARY TRAIL, SUITE 1000, WEST PALM BEACH FL 33410
Williams H Bartels director, 10 percent owner, officer: Vice Chairman
Sean Whelan director C/O ZOMEDICA CORP., 100 PHOENIX DRIVE, SUITE 125, ANN ARBOR MI 48108
Michael Wager director 100 BURTT ROAD, SUITE 115, BOSTON MA 01810
Kori Belzer officer: Chief Operations Officer SPAR GROUP INC, 580 WHITE PLAINS RD., TARRYTOWN NY 10591
Fay Devriese officer: Chief Financial Officer C/O SPAR GROUP, INC., 1910 OPDYKE COURT, AUBURN HILLS MI 48326
Ronald Wayne Lutz officer: Chief Global CommercialOfficer C/O SPAR GROUP, INC., 1910 OPDYKE COURT, AUBURN HILLS MI 48326
William Linnane officer: Chief Strategy & GrowthOfficer C/O SPAR GROUP, INC., 1910 OPDYKE COURT, AUBURN HILLS MI 48326
Arthur H Baer director 61 BUSHNELL ROAD, HILLSDALE NY 12529
Mike R. Matacunas director, officer: Chief Executive Officer 500 VOLVO PARKWAY, CHESAPEAKE VA 23320
James Richard Brown director C/O SPAR GROUP, INC., 1910 OPDYKE COURT, AUBURN HILLS MI 48326
Igor Novgorodtsev director C/O SPAR GROUP, INC. 333 WESTCHESTER AVE, SOUTH BUILDING, SUITE 204, WHITE PLAINS NY 10604
James R Segreto officer: Controller C/O SPAR GROUP INC, 580 WHITE PLAINS RD, TARRYTOWN NY 10591