GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Immsi SpA (FRA:IMY) » Definitions » Cyclically Adjusted FCF per Share

Immsi SpA (FRA:IMY) Cyclically Adjusted FCF per Share : €0.07 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Immsi SpA Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Immsi SpA's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.221. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €0.07 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 91.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Immsi SpA was 91.30% per year. The lowest was 91.30% per year. And the median was 91.30% per year.

As of today (2024-06-07), Immsi SpA's current stock price is €0.456. Immsi SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.07. Immsi SpA's Cyclically Adjusted Price-to-FCF of today is 6.51.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Immsi SpA was 54.80. The lowest was 5.59. And the median was 10.58.


Immsi SpA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Immsi SpA's Cyclically Adjusted FCF per Share 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.

Immsi SpA Cyclically Adjusted FCF per Share Chart

Immsi SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 0.01 0.02 0.05 0.07

Immsi SpA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 0.07 0.07 0.08 0.07 0.07

Competitive Comparison of Immsi SpA's Cyclically Adjusted FCF per Share

For the Auto Manufacturers subindustry, Immsi SpA'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.


Immsi SpA's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Immsi SpA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Immsi SpA Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Immsi SpA'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)
=-0.221/120.2000*120.2000
=-0.221

Current CPI (Mar. 2024) = 120.2000.

Immsi SpA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.167 100.093 0.201
201409 0.097 99.814 0.117
201412 -0.203 99.721 -0.245
201503 -0.248 99.814 -0.299
201506 0.159 100.279 0.191
201509 0.102 100.000 0.123
201512 -0.018 99.814 -0.022
201603 -0.136 99.600 -0.164
201606 0.265 99.900 0.319
201609 0.013 100.100 0.016
201612 -0.023 100.300 -0.028
201703 -0.133 101.000 -0.158
201706 0.292 101.100 0.347
201709 0.051 101.200 0.061
201712 -0.053 101.200 -0.063
201803 -0.191 101.800 -0.226
201806 0.248 102.400 0.291
201809 0.093 102.600 0.109
201812 -0.109 102.300 -0.128
201903 -0.102 102.800 -0.119
201906 0.260 103.100 0.303
201909 0.065 102.900 0.076
201912 -0.077 102.800 -0.090
202003 -0.391 102.900 -0.457
202006 0.135 102.900 0.158
202009 0.225 102.300 0.264
202012 0.105 102.600 0.123
202103 -0.143 103.700 -0.166
202106 0.177 104.200 0.204
202109 0.173 104.900 0.198
202112 -0.093 106.600 -0.105
202203 -0.206 110.400 -0.224
202206 0.237 112.500 0.253
202209 0.128 114.200 0.135
202212 0.033 119.000 0.033
202303 -0.203 118.800 -0.205
202306 0.192 119.700 0.193
202309 0.105 120.300 0.105
202312 -0.175 119.700 -0.176
202403 -0.221 120.200 -0.221

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Immsi SpA  (FRA:IMY) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Immsi SpA's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.456/0.07
=6.51

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Immsi SpA was 54.80. The lowest was 5.59. And the median was 10.58.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Immsi SpA Cyclically Adjusted FCF per Share Related Terms

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


Immsi SpA (FRA:IMY) Business Description

Industry
Traded in Other Exchanges
Address
Piazza Vilfredo Pareto, 3, Centro Direzionale Boma, Mantova, ITA, 46100
Immsi SpA is an Italy-based holding company. The company's operating segments include Property and holding; Industrial and Marine. It generates maximum revenue from the Industrial segment. The industrial segment is engaged in the manufacture and marketing of motorcycles, scooters, mopeds, and light commercial vehicles. Geographically, it derives a majority of revenue from Italy and also has a presence in the Rest of Europe; India; the United States, and the Rest of the World.

Immsi SpA (FRA:IMY) Headlines

No Headlines