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Atlas (ATCO) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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What is Atlas Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atlas Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Atlas'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.

Atlas Cyclically Adjusted Price-to-FCF Chart

Atlas Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Atlas Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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Competitive Comparison of Atlas's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Atlas'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.


Atlas's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



Atlas 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.

Atlas's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Atlas's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-2.299/129.4000*129.4000
=-2.299

Current CPI (Jun. 2023) = 129.4000.

Atlas Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 0.410 98.700 0.538
201312 0.276 99.200 0.360
201403 -0.052 99.300 -0.068
201406 0.622 99.800 0.806
201409 -0.229 100.000 -0.296
201412 -2.205 99.900 -2.856
201503 -0.059 99.600 -0.077
201506 -2.318 100.100 -2.996
201509 -0.655 100.200 -0.846
201512 -0.754 100.400 -0.972
201603 -0.404 100.400 -0.521
201606 -0.103 101.000 -0.132
201609 -0.327 101.500 -0.417
201612 0.540 102.200 0.684
201703 0.609 102.700 0.767
201706 -0.201 103.500 -0.251
201709 -0.364 104.300 -0.452
201712 0.420 105.000 0.518
201803 0.370 105.100 0.456
201806 -1.065 105.900 -1.301
201809 0.833 106.600 1.011
201812 0.881 107.100 1.064
201903 0.599 107.000 0.724
201906 1.654 107.900 1.984
201909 0.610 108.400 0.728
201912 -0.848 108.500 -1.011
202003 -0.500 108.600 -0.596
202006 -0.178 108.800 -0.212
202009 0.135 109.200 0.160
202012 -0.024 109.400 -0.028
202103 -0.072 109.700 -0.085
202106 -1.152 111.400 -1.338
202109 -1.392 112.400 -1.603
202112 0.141 114.700 0.159
202203 0.151 116.500 0.168
202206 -0.450 120.500 -0.483
202209 -0.408 122.300 -0.432
202212 -0.746 125.300 -0.770
202303 -0.425 126.800 -0.434
202306 -2.299 129.400 -2.299

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.


Atlas  (NYSE:ATCO) 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.


Atlas Cyclically Adjusted Price-to-FCF Related Terms

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


Atlas (ATCO) Business Description

Industry
Traded in Other Exchanges
Address
23 Berkeley Square, London, GBR, W1J 6HE
Atlas Corp is a global asset manager that owns and operates the businesses in which it invests while focusing on deploying capital across multiple verticals to create sustainable value and quality growth opportunities for its shareholders. The company has two business segments: Containership leasing and Mobile power generation. The containership leasing segment owns and operates a fleet of containerships that are chartered primarily pursuant to long-term, fixed-rate charters. The mobile power generation segment owns and operates a fleet of power generation assets, including gas turbines and other equipment, and provides power solutions to customers. Majority of revenue is generated from The Containership Leasing segment.