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

CTT-Correios de Portugal (CTT-Correios de Portugal) Cyclically Adjusted Price-to-FCF : 2.03 (As of May. 28, 2024)


View and export this data going back to 2014. Start your Free Trial

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

As of today (2024-05-28), CTT-Correios de Portugal's current share price is $8.015. CTT-Correios de Portugal's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.94. CTT-Correios de Portugal's Cyclically Adjusted Price-to-FCF for today is 2.03.

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:

CTTPY' 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.

CTTPY's Cyclically Adjusted Price-to-FCF is ranked better than
94.52% of 420 companies
in the Transportation industry
Industry Median: 18.045 vs CTTPY: 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 $4.470. 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 $3.94 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
=8.015/3.94
=2.03

* 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)
=4.47/120.3960*120.3960
=4.470

Current CPI (Mar. 2024) = 120.3960.

CTT-Correios de Portugal Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 3.491 99.967 4.204
201409 0.331 99.617 0.400
201412 -0.537 99.723 -0.648
201503 -2.142 100.097 -2.576
201506 3.351 100.769 4.004
201509 -0.788 100.489 -0.944
201512 -0.365 100.119 -0.439
201603 -0.454 100.547 -0.544
201606 2.899 101.319 3.445
201609 0.329 101.122 0.392
201612 0.749 100.998 0.893
201703 0.193 101.924 0.228
201706 4.082 102.240 4.807
201709 -0.158 102.527 -0.186
201712 -0.042 102.479 -0.049
201803 -0.778 102.626 -0.913
201806 3.768 103.790 4.371
201809 -1.763 103.960 -2.042
201812 -0.411 103.159 -0.480
201903 -1.062 103.495 -1.235
201906 3.581 104.192 4.138
201909 0.639 103.844 0.741
201912 1.403 103.592 1.631
202003 -1.200 103.544 -1.395
202006 2.727 104.323 3.147
202009 0.495 103.699 0.575
202012 2.106 103.354 2.453
202103 0.665 104.014 0.770
202106 -2.130 104.852 -2.446
202109 0.821 105.232 0.939
202112 0.715 106.191 0.811
202203 -0.796 109.559 -0.875
202206 0.705 114.003 0.745
202209 0.983 114.999 1.029
202212 0.752 116.377 0.778
202303 1.233 117.701 1.261
202306 -1.075 117.872 -1.098
202309 4.807 119.111 4.859
202312 10.246 118.032 10.451
202403 4.470 120.396 4.470

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  (GREY:CTTPY) 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