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Capstone Green Energy (FRA:TBN2) Cyclically Adjusted Price-to-FCF : (As of May. 27, 2024)


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What is Capstone Green Energy Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Capstone Green Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Capstone Green Energy'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.

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Capstone Green Energy Cyclically Adjusted Price-to-FCF Chart

Capstone Green Energy Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cyclically Adjusted Price-to-FCF
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Capstone Green Energy Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of Capstone Green Energy's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Capstone Green Energy'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.


Capstone Green Energy's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Capstone Green Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Capstone Green Energy 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.

Capstone Green Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Capstone Green Energy's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2022 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=-0.34/125.2218*125.2218
=-0.340

Current CPI (Dec. 2022) = 125.2218.

Capstone Green Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201303 -1.993 98.209 -2.541
201306 -8.047 98.518 -10.228
201309 3.775 98.790 4.785
201312 -1.876 98.326 -2.389
201403 -1.942 99.695 -2.439
201406 -4.261 100.560 -5.306
201409 -2.958 100.428 -3.688
201412 -0.972 99.070 -1.229
201503 -3.937 99.621 -4.949
201506 -4.191 100.684 -5.212
201509 -6.399 100.392 -7.982
201512 1.236 99.792 1.551
201603 -2.768 100.470 -3.450
201606 -0.725 101.688 -0.893
201609 -2.307 101.861 -2.836
201612 -1.617 101.863 -1.988
201703 -0.708 102.862 -0.862
201706 -0.197 103.349 -0.239
201709 -1.068 104.136 -1.284
201712 -0.762 104.011 -0.917
201803 0.023 105.290 0.027
201806 -0.857 106.317 -1.009
201809 -0.886 106.507 -1.042
201812 -0.348 105.998 -0.411
201903 -0.667 107.251 -0.779
201906 -0.749 108.070 -0.868
201909 -0.986 108.329 -1.140
201912 -0.556 108.420 -0.642
202003 -0.412 108.902 -0.474
202006 -0.163 108.767 -0.188
202009 0.062 109.815 0.071
202012 -0.260 109.897 -0.296
202103 0.213 111.754 0.239
202106 -0.712 114.631 -0.778
202109 -0.596 115.734 -0.645
202112 -0.393 117.630 -0.418
202203 -0.516 121.301 -0.533
202206 -0.329 125.017 -0.330
202209 0.010 125.227 0.010
202212 -0.340 125.222 -0.340

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.


Capstone Green Energy  (FRA:TBN2) 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.


Capstone Green Energy Cyclically Adjusted Price-to-FCF Related Terms

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Capstone Green Energy (FRA:TBN2) Business Description

Traded in Other Exchanges
N/A
Address
16640 Stagg Street, Van Nuys, Los Angles, CA, USA, 91406
Capstone Green Energy Corp is the producer of low-emission microturbine systems. The company develops, manufactures, markets and services microturbine technology solutions for use in stationary distributed power generation applications. Capstone Turbine's products include onboard generation for hybrid electric vehicles; conversion of oil field and biomass waste gases into electricity; combined heat, power, and chilling solutions; capacity addition; and standby power.

Capstone Green Energy (FRA:TBN2) Headlines

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