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CTT Systems AB (CHIX:CTTS) Cyclically Adjusted Price-to-FCF : 84.61 (As of May. 23, 2024)


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What is CTT Systems AB Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), CTT Systems AB's current share price is kr194.60. CTT Systems AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr2.30. CTT Systems AB's Cyclically Adjusted Price-to-FCF for today is 84.61.

The historical rank and industry rank for CTT Systems AB's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CHIX:CTTs' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 61.18   Med: 118.77   Max: 367.21
Current: 80.59

During the past years, CTT Systems AB's highest Cyclically Adjusted Price-to-FCF was 367.21. The lowest was 61.18. And the median was 118.77.

CHIX:CTTs's Cyclically Adjusted Price-to-FCF is ranked worse than
73.79% of 103 companies
in the Aerospace & Defense industry
Industry Median: 34.73 vs CHIX:CTTs: 80.59

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.

CTT Systems AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr2.003. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is kr2.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CTT Systems AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CTT Systems AB'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.

CTT Systems AB Cyclically Adjusted Price-to-FCF Chart

CTT Systems AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 117.92 117.26 131.83 91.19 62.55

CTT Systems AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 80.08 71.68 64.99 62.55 84.40

Competitive Comparison of CTT Systems AB's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, CTT Systems AB'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.


CTT Systems AB's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CTT Systems AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



CTT Systems AB 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.

CTT Systems AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=194.60/2.3
=84.61

* 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.

CTT Systems AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CTT Systems AB'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)
=2.003/132.2054*132.2054
=2.003

Current CPI (Mar. 2024) = 132.2054.

CTT Systems AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.536 100.432 0.706
201409 0.421 100.161 0.556
201412 0.519 100.225 0.685
201503 -0.040 99.950 -0.053
201506 0.159 99.995 0.210
201509 0.024 100.228 0.032
201512 0.758 100.276 0.999
201603 0.487 100.751 0.639
201606 0.774 101.019 1.013
201609 -0.072 101.138 -0.094
201612 1.341 102.022 1.738
201703 1.940 102.022 2.514
201706 1.796 102.752 2.311
201709 1.324 103.279 1.695
201712 0.910 103.793 1.159
201803 -0.072 103.962 -0.092
201806 0.295 104.875 0.372
201809 1.612 105.679 2.017
201812 1.077 105.912 1.344
201903 1.197 105.886 1.495
201906 1.117 106.742 1.383
201909 2.155 107.214 2.657
201912 2.377 107.766 2.916
202003 -0.008 106.563 -0.010
202006 -1.453 107.498 -1.787
202009 -1.445 107.635 -1.775
202012 -0.647 108.296 -0.790
202103 -0.766 108.360 -0.935
202106 0.375 108.928 0.455
202109 0.670 110.338 0.803
202112 1.445 112.486 1.698
202203 0.543 114.825 0.625
202206 0.128 118.384 0.143
202209 2.275 122.296 2.459
202212 1.357 126.365 1.420
202303 -0.463 127.042 -0.482
202306 4.749 129.407 4.852
202309 2.115 130.224 2.147
202312 2.303 131.912 2.308
202403 2.003 132.205 2.003

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.


CTT Systems AB  (CHIX:CTTs) 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.


CTT Systems AB Cyclically Adjusted Price-to-FCF Related Terms

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


CTT Systems AB (CHIX:CTTS) Business Description

Industry
Traded in Other Exchanges
Address
Brukslagarvagen 5, Box 1042, Nykoping, SWE, 61129
CTT Systems AB manufacturer and provider of humidity control systems for aircraft. The company offers a Zonal Drying system that prevents condensation within an aircraft during humidification. The company's product line includes various humidifiers. It sells its products to aircraft manufacturers and transportation companies. The group's products, Zonal Drying System and Cair create conditions facilitating improved profitability and flight safety as well as considerably enhanced comfort for passengers and cabin personnel. It supplies these systems to aircraft manufacturers for installation during the production of new aircraft and to airlines for existing aircraft fleets. Geographically company generates the majority of its revenue from Denmark.

CTT Systems AB (CHIX:CTTS) Headlines

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