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Ellington Credit Co (STU:73Z) Cyclically Adjusted Price-to-FCF : 2.94 (As of Jun. 06, 2024)


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What is Ellington Credit Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Ellington Credit Co's current share price is €6.40. Ellington Credit Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.18. Ellington Credit Co's Cyclically Adjusted Price-to-FCF for today is 2.94.

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

STU:73Z' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.04   Med: 2.58   Max: 3.02
Current: 2.94

During the past years, Ellington Credit Co's highest Cyclically Adjusted Price-to-FCF was 3.02. The lowest was 2.04. And the median was 2.58.

STU:73Z's Cyclically Adjusted Price-to-FCF is ranked better than
91.65% of 503 companies
in the Asset Management industry
Industry Median: 20.26 vs STU:73Z: 2.94

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.

Ellington Credit Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.057. 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 €2.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ellington Credit Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ellington Credit Co'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.

Ellington Credit Co Cyclically Adjusted Price-to-FCF Chart

Ellington Credit Co 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 - - - 2.56 2.53

Ellington Credit Co 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 2.69 2.39 2.44 2.53 2.92

Competitive Comparison of Ellington Credit Co's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Ellington Credit Co'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.


Ellington Credit Co's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



Ellington Credit Co 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.

Ellington Credit Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.40/2.18
=2.94

* 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.

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

For example, Ellington Credit Co'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)
=-0.057/131.7762*131.7762
=-0.057

Current CPI (Mar. 2024) = 131.7762.

Ellington Credit Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.275 100.560 0.360
201409 0.101 100.428 0.133
201412 0.906 99.070 1.205
201503 0.123 99.621 0.163
201506 1.203 100.684 1.574
201509 -0.379 100.392 -0.497
201512 1.519 99.792 2.006
201603 1.067 100.470 1.399
201606 1.082 101.688 1.402
201609 0.445 101.861 0.576
201612 -0.680 101.863 -0.880
201703 3.137 102.862 4.019
201706 -0.004 103.349 -0.005
201709 -0.336 104.136 -0.425
201712 0.575 104.011 0.728
201803 0.523 105.290 0.655
201806 0.462 106.317 0.573
201809 0.458 106.507 0.567
201812 0.466 105.998 0.579
201903 0.338 107.251 0.415
201906 0.311 108.070 0.379
201909 0.286 108.329 0.348
201912 0.323 108.420 0.393
202003 0.405 108.902 0.490
202006 0.256 108.767 0.310
202009 0.521 109.815 0.625
202012 0.512 109.897 0.614
202103 0.454 111.754 0.535
202106 0.524 114.631 0.602
202109 0.471 115.734 0.536
202112 0.421 117.630 0.472
202203 0.477 121.301 0.518
202206 0.515 125.017 0.543
202209 0.321 125.227 0.338
202212 0.299 125.222 0.315
202303 -0.163 127.348 -0.169
202306 -0.132 128.729 -0.135
202309 -0.208 129.860 -0.211
202312 -0.125 129.419 -0.127
202403 -0.057 131.776 -0.057

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.


Ellington Credit Co  (STU:73Z) 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.


Ellington Credit Co Cyclically Adjusted Price-to-FCF Related Terms

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


Ellington Credit Co (STU:73Z) Business Description

Traded in Other Exchanges
Address
53 Forest Avenue, Old Greenwich, CT, USA, 06870
Ellington Residential Mortgage REIT is principally engaged in the business of acquiring, investing in, and managing residential mortgage- and real estate-related assets through its wholly-owned subsidiaries. The company's primary objective is to generate attractive current yields and risk-adjusted total returns for shareholders by investing in assets that compensate appropriately for the risks associated with them.

Ellington Credit Co (STU:73Z) Headlines

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