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600 Group (The) (LSE:SIXH) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is 600 Group (The) Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


600 Group (The) Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for 600 Group (The)'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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600 Group (The) Cyclically Adjusted Price-to-FCF Chart

600 Group (The) Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cyclically Adjusted Price-to-FCF
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600 Group (The) Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
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Competitive Comparison of 600 Group (The)'s Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, 600 Group (The)'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.


600 Group (The)'s Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, 600 Group (The)'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where 600 Group (The)'s Cyclically Adjusted Price-to-FCF falls into.



600 Group (The) 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.

600 Group (The)'s Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar22 is calculated as:

For example, 600 Group (The)'s adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar22 (Change)*Current CPI (Mar22)
=-0.023/116.5000*116.5000
=-0.023

Current CPI (Mar22) = 116.5000.

600 Group (The) Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201303 -0.038 97.800 -0.045
201403 0.002 99.300 0.002
201503 -0.016 99.600 -0.019
201603 -0.020 100.400 -0.023
201703 -0.012 102.700 -0.014
201803 -0.002 105.100 -0.002
201903 -0.005 107.000 -0.005
202003 0.050 108.600 0.054
202103 0.003 109.700 0.003
202203 -0.023 116.500 -0.023

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.


600 Group (The)  (LSE:SIXH) 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.


600 Group (The) Cyclically Adjusted Price-to-FCF Related Terms

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600 Group (The) (LSE:SIXH) Business Description

Traded in Other Exchanges
N/A
Address
42 Berkeley Square, London, GBR, W1J 5AW
600 Group (The) PLC is a manufacturer, designer, and distributor of industrial products. The company's operating segment includes Industrial laser systems. Geographically, it derives majority of its revenue from the United States of America and has a presence in the United Kingdom, Europe, and the Rest of the World.

600 Group (The) (LSE:SIXH) Headlines