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LendingClub (STU:8LCA) Cyclically Adjusted Price-to-FCF : (As of May. 31, 2024)


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What is LendingClub Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


LendingClub Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for LendingClub'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.

LendingClub Cyclically Adjusted Price-to-FCF Chart

LendingClub Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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LendingClub Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of LendingClub's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, LendingClub'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.


LendingClub's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

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

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



LendingClub 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.

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

For example, LendingClub'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)
=-7.134/131.7762*131.7762
=-7.134

Current CPI (Mar. 2024) = 131.7762.

LendingClub Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.148 100.560 -0.194
201409 0.082 100.428 0.108
201412 0.098 99.070 0.130
201503 0.003 99.621 0.004
201506 0.067 100.684 0.088
201509 0.240 100.392 0.315
201512 0.095 99.792 0.125
201603 -0.006 100.470 -0.008
201606 -0.320 101.688 -0.415
201609 -0.213 101.861 -0.276
201612 -0.054 101.863 -0.070
201703 -0.292 102.862 -0.374
201706 -0.277 103.349 -0.353
201709 -1.445 104.136 -1.829
201712 -4.320 104.011 -5.473
201803 0.001 105.290 0.001
201806 -2.418 106.317 -2.997
201809 -0.628 106.507 -0.777
201812 -4.035 105.998 -5.016
201903 1.545 107.251 1.898
201906 -1.344 108.070 -1.639
201909 -2.263 108.329 -2.753
201912 -1.236 108.420 -1.502
202003 -2.384 108.902 -2.885
202006 1.944 108.767 2.355
202009 4.782 109.815 5.738
202012 0.470 109.897 0.564
202103 -0.523 111.754 -0.617
202106 0.613 114.631 0.705
202109 0.611 115.734 0.696
202112 0.830 117.630 0.930
202203 0.165 121.301 0.179
202206 1.581 125.017 1.666
202209 0.887 125.227 0.933
202212 0.166 125.222 0.175
202303 0.857 127.348 0.887
202306 -0.917 128.729 -0.939
202309 -3.100 129.860 -3.146
202312 -6.889 129.419 -7.014
202403 -7.134 131.776 -7.134

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.


LendingClub  (STU:8LCA) 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.


LendingClub Cyclically Adjusted Price-to-FCF Related Terms

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


LendingClub (STU:8LCA) Business Description

Traded in Other Exchanges
Address
595 Market Street, Suite 200, San Francisco, CA, USA, 94105
LendingClub Corp is a company engaged in operating an online lending marketplace platform that connects borrowers and investors for the provision of the loan facility. It offers investors access to an asset class that has generally been closed to many investors and only available on a limited basis to institutional investors. The company through the platform offers loan products such as personal, education and patient finance, small business, and auto to interested investors. It generates a majority of the revenue from the transaction fees received from the platform's role in accepting and decisioning applications on behalf of the bank partners to enable loan originations.

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