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Accsys Technologies (LSE:AXS) Cyclically Adjusted Price-to-FCF : (As of Jun. 03, 2024)


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What is Accsys Technologies Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Accsys Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Accsys Technologies'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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Accsys Technologies Cyclically Adjusted Price-to-FCF Chart

Accsys Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Accsys Technologies Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Accsys Technologies's Cyclically Adjusted Price-to-FCF

For the Lumber & Wood Production subindustry, Accsys Technologies'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.


Accsys Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Accsys Technologies's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Accsys Technologies 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.

Accsys Technologies's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Accsys Technologies's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=-0.056/126.8000*126.8000
=-0.056

Current CPI (Mar23) = 126.8000.

Accsys Technologies Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.037 99.300 -0.047
201503 -0.038 99.600 -0.048
201603 -0.029 100.400 -0.037
201703 -0.088 102.700 -0.109
201803 -0.264 105.100 -0.319
201903 -0.354 107.000 -0.420
202003 -0.126 108.600 -0.147
202103 0.039 109.700 0.045
202203 -0.181 116.500 -0.197
202303 -0.056 126.800 -0.056

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.


Accsys Technologies  (LSE:AXS) 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.


Accsys Technologies Cyclically Adjusted Price-to-FCF Related Terms

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Accsys Technologies (LSE:AXS) Business Description

Address
3 Moorgate Place, 4th floor, London, GBR, EC2R 6EA
Accsys Technologies PLC is a chemical technology company focused on acetylation of wood. It is engaged in the development, commercialisation, and licensing of the associated proprietary technologies. Its product includes Accoya and Tricoya wood. The company offers Accoya wood for use in external doors, cladding/siding, decking, structural and civil engineering projects and Tricoya wood elements are used in window and door components, door skins, wet interiors, and wall linings. It generates maximum revenue through the sale of Accoya Woods. The maximum geographical areas of customers are from the UK and Ireland region.