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Surface Transforms (LSE:SCE) Cyclically Adjusted Price-to-FCF : (As of May. 27, 2024)


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What is Surface Transforms Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Surface Transforms Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Surface Transforms'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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Surface Transforms Cyclically Adjusted Price-to-FCF Chart

Surface Transforms Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Surface Transforms Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Competitive Comparison of Surface Transforms's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Surface Transforms'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.


Surface Transforms's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Surface Transforms's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Surface Transforms 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.

Surface Transforms's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Surface Transforms's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=-0.068/125.3000*125.3000
=-0.068

Current CPI (Dec22) = 125.3000.

Surface Transforms Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201305 -0.023 98.200 -0.029
201405 -0.012 99.600 -0.015
201505 -0.011 100.100 -0.014
201605 -0.019 100.800 -0.024
201705 -0.034 103.500 -0.041
201805 -0.035 105.900 -0.041
201905 -0.017 107.900 -0.020
202012 -0.010 109.400 -0.011
202112 -0.038 114.700 -0.042
202212 -0.068 125.300 -0.068

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.


Surface Transforms  (LSE:SCE) 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.


Surface Transforms Cyclically Adjusted Price-to-FCF Related Terms

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


Surface Transforms (LSE:SCE) Business Description

Traded in Other Exchanges
Address
Acornfield Road, Knowsley Industrial Estate, Image Business Park, Liverpool, GBR, L33 7UF
Surface Transforms PLC is a company that develops, manufactures, and markets carbon-ceramic products for the brakes market. It also engages in developing new products and applications for carbon fiber-reinforced ceramic friction and non-friction materials. It has operations spread across the United Kingdom, Germany, Sweden the United States of America, the Rest of Europe, and the Rest of the World.

Surface Transforms (LSE:SCE) Headlines

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