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Brookfield Asset Management (XAMS:BAMA) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is Brookfield Asset Management Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brookfield Asset Management Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Brookfield Asset Management'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.

Brookfield Asset Management Cyclically Adjusted Price-to-FCF Chart

Brookfield Asset Management 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 36.58 29.21 36.38 20.20 27.18

Brookfield Asset Management 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 20.64 22.22 20.12 27.18 32.36

Competitive Comparison of Brookfield Asset Management's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Brookfield Asset Management'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.


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

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

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



Brookfield Asset Management 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.

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

For example, Brookfield Asset Management'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)
=-2.389/126.2576*126.2576
=-2.389

Current CPI (Mar. 2024) = 126.2576.

Brookfield Asset Management Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.362 99.473 0.459
201409 -0.056 99.394 -0.071
201412 0.953 98.367 1.223
201503 0.241 99.789 0.305
201506 0.365 100.500 0.459
201509 0.625 100.421 0.786
201512 0.312 99.947 0.394
201603 -0.076 101.054 -0.095
201606 0.487 102.002 0.603
201609 0.236 101.765 0.293
201612 0.872 101.449 1.085
201703 0.139 102.634 0.171
201706 0.679 103.029 0.832
201709 0.648 103.345 0.792
201712 0.575 103.345 0.702
201803 0.765 105.004 0.920
201806 0.461 105.557 0.551
201809 -0.035 105.636 -0.042
201812 1.612 105.399 1.931
201903 0.960 106.979 1.133
201906 0.137 107.690 0.161
201909 1.018 107.611 1.194
201912 0.860 107.769 1.008
202003 0.245 107.927 0.287
202006 0.926 108.401 1.079
202009 1.148 108.164 1.340
202012 1.387 108.559 1.613
202103 0.128 110.298 0.147
202106 0.229 111.720 0.259
202109 0.704 112.905 0.787
202112 -0.228 113.774 -0.253
202203 -1.020 117.646 -1.095
202206 1.396 120.806 1.459
202209 0.213 120.648 0.223
202212 0.906 120.964 0.946
202303 -0.407 122.702 -0.419
202306 -1.155 124.203 -1.174
202309 1.205 125.230 1.215
202312 -1.108 125.072 -1.118
202403 -2.389 126.258 -2.389

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.


Brookfield Asset Management  (XAMS:BAMA) 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.


Brookfield Asset Management Cyclically Adjusted Price-to-FCF Related Terms

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


Brookfield Asset Management (XAMS:BAMA) Business Description

Address
181 Bay Street, Suite 100, Brookfield Place, P.O. Box 762, Toronto, ON, CAN, M5J 2T3
Brookfield Corp owns and manages the commercial property, power, and infrastructure assets. Its investment focus includes Real Estate, Infrastructure, Renewable Power and Private Equity. Real Estate is made up of office and retail properties; Renewable power is made up of hydroelectric, wind, solar, and storage generating facilities; Infrastructure is made up of utilities, transport, energy, data infrastructure, and sustainable resource assets; and Private Equity is focused on business services, infrastructure services, and industrial operations. The company generates the majority revenue through Private Equity. Located around the world, its assets are concentrated in the United States, and Canada.

Brookfield Asset Management (XAMS:BAMA) Headlines

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