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ABS Investment ASI (WAR:AIN) Cyclically Adjusted FCF per Share : zł-0.17 (As of Mar. 2024)


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What is ABS Investment ASI 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.

ABS Investment ASI's adjusted free cash flow per share for the three months ended in Mar. 2024 was zł-0.007. 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 zł-0.17 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-02), ABS Investment ASI's current stock price is zł0.67. ABS Investment ASI's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was zł-0.17. ABS Investment ASI's Cyclically Adjusted Price-to-FCF of today is .


ABS Investment ASI Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ABS Investment ASI'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.

ABS Investment ASI Cyclically Adjusted FCF per Share Chart

ABS Investment ASI Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted FCF per Share
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ABS Investment ASI Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 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 -0.14 -0.15 -0.15 -0.18 -0.17

Competitive Comparison of ABS Investment ASI's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, ABS Investment ASI'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.


ABS Investment ASI's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



ABS Investment ASI 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, ABS Investment ASI'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)
=-0.007/149.0435*149.0435
=-0.007

Current CPI (Mar. 2024) = 149.0435.

ABS Investment ASI Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 0.026 100.936 0.038
201312 0.088 101.018 0.130
201403 0.065 101.262 0.096
201406 -0.026 101.180 -0.038
201409 0.006 100.611 0.009
201412 -0.368 100.122 -0.548
201503 -0.070 100.041 -0.104
201506 0.142 100.448 0.211
201509 0.021 99.634 0.031
201512 -0.070 99.471 -0.105
201603 0.036 98.983 0.054
201606 0.169 99.552 0.253
201609 -0.050 99.064 -0.075
201612 -0.220 100.366 -0.327
201703 0.042 101.018 0.062
201706 -0.181 101.180 -0.267
201709 0.069 101.343 0.101
201712 -0.246 102.564 -0.357
201803 -0.047 102.564 -0.068
201806 -0.013 103.378 -0.019
201809 -0.038 103.378 -0.055
201812 -0.191 103.785 -0.274
201903 0.000 104.274 0.000
201906 -0.029 105.983 -0.041
201909 0.017 105.983 0.024
201912 0.148 107.123 0.206
202003 -0.006 109.076 -0.008
202006 0.073 109.402 0.099
202009 0.050 109.320 0.068
202012 -0.096 109.565 -0.131
202103 0.016 112.658 0.021
202106 -0.254 113.960 -0.332
202109 -0.061 115.588 -0.079
202203 -0.015 125.031 -0.018
202206 -0.035 131.705 -0.040
202209 -0.025 135.531 -0.027
202303 -0.015 145.950 -0.015
202306 -0.111 147.009 -0.113
202309 -0.015 146.113 -0.015
202403 -0.007 149.044 -0.007

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


ABS Investment ASI  (WAR:AIN) 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.


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.


ABS Investment ASI Cyclically Adjusted FCF per Share Related Terms

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


ABS Investment ASI (WAR:AIN) Business Description

Traded in Other Exchanges
N/A
Address
A.Frycza-Modrzewskiego 20, Bielsko-Biala, POL, 43-300
ABS Investment ASI SA is an investment company. The company operates in direct equity investments in public and private companies.

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