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Trevi Finanziaria Industriale SpA (MIL:TFI) Cyclically Adjusted Price-to-FCF : (As of May. 23, 2024)


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What is Trevi Finanziaria Industriale SpA Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Trevi Finanziaria Industriale SpA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Trevi Finanziaria Industriale 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.

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Trevi Finanziaria Industriale SpA Cyclically Adjusted Price-to-FCF Chart

Trevi Finanziaria Industriale SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Trevi Finanziaria Industriale SpA Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Trevi Finanziaria Industriale SpA's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Trevi Finanziaria Industriale 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.


Trevi Finanziaria Industriale SpA's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Trevi Finanziaria Industriale SpA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Trevi Finanziaria Industriale 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.

Trevi Finanziaria Industriale SpA's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Trevi Finanziaria Industriale SpA's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.139/119.7000*119.7000
=0.139

Current CPI (Dec23) = 119.7000.

Trevi Finanziaria Industriale SpA Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -18.293 99.721 -21.958
201512 -4.544 99.814 -5.449
201612 -2.155 100.300 -2.572
201712 -6.356 101.200 -7.518
201812 -4.390 102.300 -5.137
201912 0.961 102.800 1.119
202012 -0.363 102.600 -0.424
202112 0.265 106.600 0.298
202212 0.135 119.000 0.136
202312 0.139 119.700 0.139

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.


Trevi Finanziaria Industriale SpA  (MIL:TFI) 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.


Trevi Finanziaria Industriale SpA Cyclically Adjusted Price-to-FCF Related Terms

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


Trevi Finanziaria Industriale SpA (MIL:TFI) Business Description

Traded in Other Exchanges
Address
201, Via Larga, Cesena, ITA, 47522
Trevi Finanziaria Industriale SpA is the holding company. The company's segment includes Special foundation works and the Manufacture of special machinery for foundations. It generates maximum revenue from the Special foundation works segment. The geographical segment includes Italy; Europe; the USA and Canada; Latin America; Africa; the Middle East and Asia and the far east and the rest of the world. It derives a majority of its revenue from the USA and Canada. The group is also active in the sector of renewable energy, mainly wind energy.

Trevi Finanziaria Industriale SpA (MIL:TFI) Headlines

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