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Eneco Refresh (ASX:ERG) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is Eneco Refresh Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Eneco Refresh Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Eneco Refresh'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.

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Eneco Refresh Cyclically Adjusted Price-to-FCF Chart

Eneco Refresh Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Eneco Refresh Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Eneco Refresh's Cyclically Adjusted Price-to-FCF

For the Beverages - Non-Alcoholic subindustry, Eneco Refresh'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.


Eneco Refresh's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Eneco Refresh's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Eneco Refresh 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.

Eneco Refresh's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Eneco Refresh's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.001/124.1700*124.1700
=-0.001

Current CPI (Jun23) = 124.1700.

Eneco Refresh Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.002 98.352 0.003
201506 -0.004 99.838 -0.005
201606 0.000 100.859 0.000
201706 -0.001 102.809 -0.001
201806 -0.003 104.945 -0.004
201906 -0.027 106.617 -0.031
202006 -0.002 106.246 -0.002
202106 0.003 110.332 0.003
202206 0.001 117.112 0.001
202306 -0.001 124.170 -0.001

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.


Eneco Refresh  (ASX:ERG) 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.


Eneco Refresh Cyclically Adjusted Price-to-FCF Related Terms

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


Eneco Refresh (ASX:ERG) Business Description

Traded in Other Exchanges
N/A
Address
17 Denninup Way, Malaga, Perth, WA, AUS, 6090
Eneco Refresh Ltd is engaged in the production and distribution of bottled water and accessories. The company is also the producer of distilled drinking water and also distributes filtration systems and water purifiers. It also markets a broad range of plastic products including containers and jars, bottles, gardening products, automotive parts, and toys.

Eneco Refresh (ASX:ERG) Headlines

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