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B. Riley Financial (B. Riley Financial) Cyclically Adjusted Price-to-FCF : 105.20 (As of Apr. 27, 2024)


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What is B. Riley Financial Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), B. Riley Financial's current share price is $36.82. B. Riley Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.35. B. Riley Financial's Cyclically Adjusted Price-to-FCF for today is 105.20.

The historical rank and industry rank for B. Riley Financial's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

RILY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.94   Med: 34.96   Max: 672.75
Current: 99.74

During the past years, B. Riley Financial's highest Cyclically Adjusted Price-to-FCF was 672.75. The lowest was 1.94. And the median was 34.96.

RILY's Cyclically Adjusted Price-to-FCF is ranked worse than
86.36% of 22 companies
in the Diversified Financial Services industry
Industry Median: 10.04 vs RILY: 99.74

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.

B. Riley Financial's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $2.099. 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 $0.35 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


B. Riley Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for B. Riley Financial'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.

B. Riley Financial Cyclically Adjusted Price-to-FCF Chart

B. Riley Financial 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 675.44 53.03 72.67 - 60.35

B. Riley Financial 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 - - 170.24 491.99 60.35

Competitive Comparison of B. Riley Financial's Cyclically Adjusted Price-to-FCF

For the Financial Conglomerates subindustry, B. Riley Financial'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.


B. Riley Financial's Cyclically Adjusted Price-to-FCF Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, B. Riley Financial's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



B. Riley Financial 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.

B. Riley Financial's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=36.82/0.35
=105.20

* 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.

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

For example, B. Riley Financial'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)
=2.099/129.4194*129.4194
=2.099

Current CPI (Dec. 2023) = 129.4194.

B. Riley Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 3.665 99.695 4.758
201406 0.115 100.560 0.148
201409 -0.739 100.428 -0.952
201412 -1.087 99.070 -1.420
201503 1.065 99.621 1.384
201506 1.191 100.684 1.531
201509 0.438 100.392 0.565
201512 -0.759 99.792 -0.984
201603 -0.064 100.470 -0.082
201606 0.631 101.688 0.803
201609 0.905 101.861 1.150
201612 2.657 101.863 3.376
201703 -1.989 102.862 -2.503
201706 -1.993 103.349 -2.496
201709 1.223 104.136 1.520
201712 -1.232 104.011 -1.533
201803 -2.007 105.290 -2.467
201806 -5.904 106.317 -7.187
201809 4.818 106.507 5.854
201812 -0.988 105.998 -1.206
201903 0.269 107.251 0.325
201906 -0.307 108.070 -0.368
201909 1.573 108.329 1.879
201912 -2.609 108.420 -3.114
202003 0.023 108.902 0.027
202006 0.473 108.767 0.563
202009 2.699 109.815 3.181
202012 -1.184 109.897 -1.394
202103 -1.498 111.754 -1.735
202106 -3.669 114.631 -4.142
202109 -0.734 115.734 -0.821
202112 7.357 117.630 8.094
202203 -0.541 121.301 -0.577
202206 -1.273 125.017 -1.318
202209 -0.781 125.227 -0.807
202212 2.695 125.222 2.785
202303 1.725 127.348 1.753
202306 0.748 128.729 0.752
202309 -3.975 129.860 -3.962
202312 2.099 129.419 2.099

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.


B. Riley Financial  (NAS:RILY) 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.


B. Riley Financial Cyclically Adjusted Price-to-FCF Related Terms

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


B. Riley Financial (B. Riley Financial) Business Description

Traded in Other Exchanges
Address
11100 Santa Monica Boulevard, Suite 800, Los Angeles, CA, USA, 90025
B. Riley Financial Inc is a diversified financial services company. The company through its subsidiaries offers investment banking and financial services to corporate, institutional and high net worth clients and also asset disposition, valuation and appraisal and capital advisory services to retail, wholesale, institutional, lenders, capital providers, private equity investors, and professional services firms in United States, Canada, and Europe. It also provides internet access and subscription services. The reportable operating segments of the company include Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer segment.
Executives
Kelleher Thomas J /adv officer: CEO of B. Riley Capital Market C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Renee E Labran director 130 WEST UNION STREET, C/O IDEALAB, PASADENA CA 91103
Andrew Moore officer: CEO of B. Riley FBR, Inc. C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
Robert L Antin director
Tamara Sue Brandt director C/O B. RILEY FINANCIAL, INC., 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
Bryant R Riley director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Randall E Paulson director
D Agostino Robert P director 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Michael Joseph Sheldon director C/O ALDILA, INC., 14145 DANIELSON ST. STE B, POWAY CA 92064
Daniel Asher 10 percent owner 111 W JACKSON BLVD, 20TH FL, CHICAGO IL 60604
Kenneth M Young officer: President C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
Mikel H Williams director 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Phillip Ahn officer: CFO and COO 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Alan N Forman officer: EVP, General Counsel, Sec 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Todd D. Sims director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367