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Atco (FRA:8A6) Cyclically Adjusted Price-to-FCF : 17.66 (As of May. 29, 2024)


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What is Atco Cyclically Adjusted Price-to-FCF?

As of today (2024-05-29), Atco's current share price is €27.20. Atco's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.54. Atco's Cyclically Adjusted Price-to-FCF for today is 17.66.

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

FRA:8A6' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.18   Med: 29.72   Max: 154.84
Current: 17.85

During the past years, Atco's highest Cyclically Adjusted Price-to-FCF was 154.84. The lowest was 16.18. And the median was 29.72.

FRA:8A6's Cyclically Adjusted Price-to-FCF is ranked worse than
52.34% of 235 companies
in the Utilities - Regulated industry
Industry Median: 16.91 vs FRA:8A6: 17.85

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.

Atco's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.266. 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 €1.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atco Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Atco'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.

Atco Cyclically Adjusted Price-to-FCF Chart

Atco 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 - - - 34.89 18.78

Atco 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 32.24 26.41 21.46 18.78 16.59

Competitive Comparison of Atco's Cyclically Adjusted Price-to-FCF

For the Utilities - Diversified subindustry, Atco'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.


Atco's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Atco's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Atco 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.

Atco's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=27.20/1.54
=17.66

* 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.

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

For example, Atco'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)
=1.266/126.2576*126.2576
=1.266

Current CPI (Mar. 2024) = 126.2576.

Atco Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.912 99.473 -1.158
201409 -1.031 99.394 -1.310
201412 -1.615 98.367 -2.073
201503 0.850 99.789 1.075
201506 -0.343 100.500 -0.431
201509 0.192 100.421 0.241
201512 -1.181 99.947 -1.492
201603 0.496 101.054 0.620
201606 -0.018 102.002 -0.022
201609 1.149 101.765 1.426
201612 0.508 101.449 0.632
201703 1.965 102.634 2.417
201706 -0.093 103.029 -0.114
201709 -0.881 103.345 -1.076
201712 -0.905 103.345 -1.106
201803 0.077 105.004 0.093
201806 -1.335 105.557 -1.597
201809 -0.269 105.636 -0.322
201812 0.188 105.399 0.225
201903 0.715 106.979 0.844
201906 0.267 107.690 0.313
201909 0.639 107.611 0.750
201912 0.375 107.769 0.439
202003 1.593 107.927 1.864
202006 1.331 108.401 1.550
202009 0.537 108.164 0.627
202012 1.141 108.559 1.327
202103 1.744 110.298 1.996
202106 -0.386 111.720 -0.436
202109 0.422 112.905 0.472
202112 1.282 113.774 1.423
202203 2.432 117.646 2.610
202206 1.530 120.806 1.599
202209 0.033 120.648 0.035
202212 1.116 120.964 1.165
202303 1.210 122.702 1.245
202306 -0.043 124.203 -0.044
202309 0.495 125.230 0.499
202312 0.752 125.072 0.759
202403 1.266 126.258 1.266

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.


Atco  (FRA:8A6) 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.


Atco Cyclically Adjusted Price-to-FCF Related Terms

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


Atco (FRA:8A6) Business Description

Industry
Traded in Other Exchanges
Address
5302 Forand Street SW, 4th Floor, West Building, Calgary, AB, CAN, T3E 8B4
Atco Ltd is a Canadian holding company that offers gas, electric, and infrastructure solutions. The largest subsidiary of the company is Canadian utilities, which operates natural gas, electricity, and logistical services. Atco's primary segments include Structures and Logistics; Utilities; Energy Infrastructure; Neltume Ports and Corporate and Other. It generates maximum revenue from the Utilities segment. Geographically, it derives most of its revenue from Canada.

Atco (FRA:8A6) Headlines

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