GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CTT-Correios de Portugal SA (OTCPK:CTTOF) » Definitions » Cyclically Adjusted Price-to-FCF

CTT-Correios de Portugal (CTT-Correios de Portugal) Cyclically Adjusted Price-to-FCF : 2.10 (As of May. 27, 2024)


View and export this data going back to 2018. Start your Free Trial

What is CTT-Correios de Portugal Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), CTT-Correios de Portugal's current share price is $4.71. CTT-Correios de Portugal's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.24. CTT-Correios de Portugal's Cyclically Adjusted Price-to-FCF for today is 2.10.

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

CTTOF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2   Med: 3.12   Max: 4.97
Current: 2.15

During the past years, CTT-Correios de Portugal's highest Cyclically Adjusted Price-to-FCF was 4.97. The lowest was 2.00. And the median was 3.12.

CTTOF's Cyclically Adjusted Price-to-FCF is ranked better than
94.52% of 420 companies
in the Transportation industry
Industry Median: 18.045 vs CTTOF: 2.15

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-Correios de Portugal's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $2.235. 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 $2.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CTT-Correios de Portugal Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CTT-Correios de Portugal'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-Correios de Portugal Cyclically Adjusted Price-to-FCF Chart

CTT-Correios de Portugal 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 - 2.05 4.33 2.67 1.95

CTT-Correios de Portugal 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 3.06 3.42 2.73 1.95 2.03

Competitive Comparison of CTT-Correios de Portugal's Cyclically Adjusted Price-to-FCF

For the Integrated Freight & Logistics subindustry, CTT-Correios de Portugal'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-Correios de Portugal's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CTT-Correios de Portugal's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CTT-Correios de Portugal's Cyclically Adjusted Price-to-FCF falls into.



CTT-Correios de Portugal 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-Correios de Portugal's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.71/2.24
=2.10

* 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-Correios de Portugal's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CTT-Correios de Portugal'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)
=2.235/120.3960*120.3960
=2.235

Current CPI (Mar. 2024) = 120.3960.

CTT-Correios de Portugal Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.746 99.967 2.103
201409 0.165 99.617 0.199
201412 -0.268 99.723 -0.324
201503 -1.071 100.097 -1.288
201506 1.675 100.769 2.001
201509 -0.394 100.489 -0.472
201512 -0.183 100.119 -0.220
201603 -0.227 100.547 -0.272
201606 1.449 101.319 1.722
201609 0.165 101.122 0.196
201612 0.375 100.998 0.447
201703 0.097 101.924 0.115
201706 2.041 102.240 2.403
201709 -0.079 102.527 -0.093
201712 -0.021 102.479 -0.025
201803 -0.389 102.626 -0.456
201806 1.884 103.790 2.185
201809 -0.881 103.960 -1.020
201812 -0.205 103.159 -0.239
201903 -0.531 103.495 -0.618
201906 1.791 104.192 2.070
201909 0.320 103.844 0.371
201912 0.701 103.592 0.815
202003 -0.600 103.544 -0.698
202006 1.364 104.323 1.574
202009 0.247 103.699 0.287
202012 1.053 103.354 1.227
202103 0.332 104.014 0.384
202106 -1.065 104.852 -1.223
202109 0.411 105.232 0.470
202112 0.357 106.191 0.405
202203 -0.398 109.559 -0.437
202206 0.353 114.003 0.373
202209 0.491 114.999 0.514
202212 0.376 116.377 0.389
202303 0.616 117.701 0.630
202306 -0.537 117.872 -0.548
202309 2.403 119.111 2.429
202312 5.123 118.032 5.226
202403 2.235 120.396 2.235

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-Correios de Portugal  (OTCPK:CTTOF) 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-Correios de Portugal Cyclically Adjusted Price-to-FCF Related Terms

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


CTT-Correios de Portugal (CTT-Correios de Portugal) Business Description

Traded in Other Exchanges
Address
Avenida dos Combatentes 43, No.1643-0011, 4th Floor, Lisbon, PRT, 1999-001
CTT-Correios de Portugal SA is a logistics company domiciled in Portugal. The company organizes itself into four segments: mail, express and parcels, financial services, and bank. The mail segment, which generates a vast majority of the company's revenue, provides mail postal services to business customers, distribution of advertising materials, and postal communication solutions, among others. Express and parcels, the next largest segment, provides parcel postal and courier services. The company provides financial services such as payment processing and retail banking through both the financial services segment and the bank segment. The company earns most of its revenue domestically.

CTT-Correios de Portugal (CTT-Correios de Portugal) Headlines