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Acadian Timber (TSX:ADN) Cyclically Adjusted FCF per Share : C$1.05 (As of Mar. 2024)


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What is Acadian Timber 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.

Acadian Timber's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$0.279. 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 C$1.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Acadian Timber's average Cyclically Adjusted FCF Growth Rate was -2.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.10% 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 Acadian Timber was 154.60% per year. The lowest was 0.70% per year. And the median was 2.00% per year.

As of today (2024-05-23), Acadian Timber's current stock price is C$17.57. Acadian Timber's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$1.05. Acadian Timber's Cyclically Adjusted Price-to-FCF of today is 16.73.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Acadian Timber was 335.00. The lowest was 12.65. And the median was 17.59.


Acadian Timber Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Acadian Timber'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.

Acadian Timber Cyclically Adjusted FCF per Share Chart

Acadian Timber 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 0.96 0.99 1.05 1.09 1.05

Acadian Timber 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 1.08 1.09 1.08 1.05 1.05

Competitive Comparison of Acadian Timber's Cyclically Adjusted FCF per Share

For the Lumber & Wood Production subindustry, Acadian Timber'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.


Acadian Timber's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Acadian Timber's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Acadian Timber 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, Acadian Timber'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)
=0.279/126.2576*126.2576
=0.279

Current CPI (Mar. 2024) = 126.2576.

Acadian Timber Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.027 99.473 0.034
201409 0.460 99.394 0.584
201412 0.197 98.367 0.253
201503 0.428 99.789 0.542
201506 0.168 100.500 0.211
201509 0.287 100.421 0.361
201512 0.324 99.947 0.409
201603 0.412 101.054 0.515
201606 0.150 102.002 0.186
201609 0.328 101.765 0.407
201612 0.235 101.449 0.292
201703 0.442 102.634 0.544
201706 0.123 103.029 0.151
201709 0.244 103.345 0.298
201712 0.475 103.345 0.580
201803 0.154 105.004 0.185
201806 0.286 105.557 0.342
201809 0.167 105.636 0.200
201812 0.352 105.399 0.422
201903 0.301 106.979 0.355
201906 0.155 107.690 0.182
201909 -0.799 107.611 -0.937
201912 0.097 107.769 0.114
202003 0.399 107.927 0.467
202006 0.223 108.401 0.260
202009 0.146 108.164 0.170
202012 0.424 108.559 0.493
202103 0.347 110.298 0.397
202106 0.090 111.720 0.102
202109 0.413 112.905 0.462
202112 0.095 113.774 0.105
202203 0.278 117.646 0.298
202206 0.206 120.806 0.215
202209 0.041 120.648 0.043
202212 0.370 120.964 0.386
202303 0.062 122.702 0.064
202306 0.211 124.203 0.214
202309 0.139 125.230 0.140
202312 0.166 125.072 0.168
202403 0.279 126.258 0.279

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


Acadian Timber  (TSX:ADN) 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.

Acadian Timber's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=17.57/1.05
=16.73

* 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 Acadian Timber was 335.00. The lowest was 12.65. And the median was 17.59.


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.


Acadian Timber Cyclically Adjusted FCF per Share Related Terms

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


Acadian Timber (TSX:ADN) Business Description

Traded in Other Exchanges
Address
365 Canada Road, Edmundston, NB, CAN, E3V 1W2
Acadian Timber Corp is a Canada-based supplier of primary forest products in Eastern Canada and the Northeastern United States. The company's operating segments include NB Timberlands and Maine Timberlands. It generates maximum revenue from the NB Timberlands segment. The company's product includes softwood and hardwood sawlogs, pulpwood and biomass by-products.
Executives
Adam Douglas Sheparski Director, Senior Officer