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Aeffe SpA (MIL:AEF) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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What is Aeffe SpA Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aeffe SpA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aeffe SpA'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.

Aeffe SpA Cyclically Adjusted Price-to-FCF Chart

Aeffe SpA 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 22.22 12.97 21.33 16.61 17.60

Aeffe SpA 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 - 14.48 13.85 17.60 -

Competitive Comparison of Aeffe SpA's Cyclically Adjusted Price-to-FCF

For the Apparel Manufacturing subindustry, Aeffe SpA'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.


Aeffe SpA's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aeffe SpA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Aeffe SpA 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.

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

For example, Aeffe SpA'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)
=0/120.2000*120.2000
=0.000

Current CPI (Mar. 2024) = 120.2000.

Aeffe SpA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.017 100.093 0.020
201409 0.004 99.814 0.005
201412 0.083 99.721 0.100
201503 -0.111 99.814 -0.134
201506 -0.017 100.279 -0.020
201509 -0.004 100.000 -0.005
201512 0.189 99.814 0.228
201603 -0.051 99.600 -0.062
201606 -0.046 99.900 -0.055
201609 -0.009 100.100 -0.011
201612 0.179 100.300 0.215
201703 -0.044 101.000 -0.052
201706 -0.009 101.100 -0.011
201709 0.020 101.200 0.024
201712 0.165 101.200 0.196
201803 0.009 101.800 0.011
201806 0.077 102.400 0.090
201809 0.022 102.600 0.026
201812 0.066 102.300 0.078
201903 -0.006 102.800 -0.007
201906 0.033 103.100 0.038
201909 -0.027 102.900 -0.032
201912 0.085 102.800 0.099
202003 -0.134 102.900 -0.157
202006 0.000 102.900 0.000
202009 0.035 102.300 0.041
202012 0.079 102.600 0.093
202103 -0.020 103.700 -0.023
202106 0.164 104.200 0.189
202109 0.181 104.900 0.207
202112 0.123 106.600 0.139
202203 0.000 110.400 0.000
202206 -0.112 112.500 -0.120
202209 -0.357 114.200 -0.376
202212 -0.121 119.000 -0.122
202303 0.000 118.800 0.000
202306 -0.028 119.700 -0.028
202309 -0.151 120.300 -0.151
202312 0.053 119.700 0.053
202403 0.000 120.200 0.000

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.


Aeffe SpA  (MIL:AEF) 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.


Aeffe SpA Cyclically Adjusted Price-to-FCF Related Terms

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


Aeffe SpA (MIL:AEF) Business Description

Traded in Other Exchanges
Address
Via Delle Querce, 51, San Giovanni in Marignano, Rimini, ITA, 47842
Aeffe SpA is an Italian company engaged in the designing, production, and distribution of fashion and luxury goods. The business activity of the firm is operated through two segments. The Pret-a Porter segment is engaged in the development of luxury ready-to-wear clothing and lingerie, beachwear, and loungewear collections. The Footwear and leather goods segment handles footwear, small leather goods, bags, and matching accessories made from exclusive materials. The products are offered under the brands like Alberta Ferretti, Philosophy, Moschino, and Pollini. Its geographical segments are Italy, Europe (excluding Italy), Asia and the rest of the world, and America.

Aeffe SpA (MIL:AEF) Headlines

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