GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Glaston Oyj (OHEL:GLA1V) » Definitions » Cyclically Adjusted Price-to-FCF

Glaston Oyj (OHEL:GLA1V) Cyclically Adjusted Price-to-FCF : 6.62 (As of May. 23, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Glaston Oyj Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Glaston Oyj's current share price is €0.86. Glaston Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.13. Glaston Oyj's Cyclically Adjusted Price-to-FCF for today is 6.62.

The historical rank and industry rank for Glaston Oyj's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

OHEL:GLA1V' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5   Med: 7.69   Max: 61
Current: 6.75

During the past years, Glaston Oyj's highest Cyclically Adjusted Price-to-FCF was 61.00. The lowest was 5.00. And the median was 7.69.

OHEL:GLA1V's Cyclically Adjusted Price-to-FCF is ranked better than
95.44% of 1008 companies
in the Industrial Products industry
Industry Median: 33.585 vs OHEL:GLA1V: 6.75

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Glaston Oyj's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.089. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €0.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Glaston Oyj Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Glaston Oyj'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.

Glaston Oyj Cyclically Adjusted Price-to-FCF Chart

Glaston Oyj 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 75.69 9.74 10.38 6.68 5.43

Glaston Oyj 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 7.87 7.35 6.04 5.43 6.68

Competitive Comparison of Glaston Oyj's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Glaston Oyj'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.


Glaston Oyj's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Glaston Oyj's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Glaston Oyj 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.

Glaston Oyj's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.86/0.13
=6.62

* 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.

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

For example, Glaston Oyj'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)
=-0.089/122.3600*122.3600
=-0.089

Current CPI (Mar. 2024) = 122.3600.

Glaston Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.029 100.147 -0.035
201409 0.039 100.726 0.047
201412 0.308 100.229 0.376
201503 -0.064 100.120 -0.078
201506 -0.046 100.030 -0.056
201509 0.039 100.130 0.048
201512 0.012 99.990 0.015
201603 -0.035 100.080 -0.043
201606 0.037 100.390 0.045
201609 0.096 100.540 0.117
201612 0.175 101.020 0.212
201703 -0.074 100.910 -0.090
201706 -0.046 101.140 -0.056
201709 -0.021 101.320 -0.025
201712 0.117 101.510 0.141
201803 -0.128 101.730 -0.154
201806 0.034 102.320 0.041
201809 -0.012 102.600 -0.014
201812 0.087 102.710 0.104
201903 0.047 102.870 0.056
201906 -0.084 103.360 -0.099
201909 0.085 103.540 0.100
201912 0.125 103.650 0.148
202003 -0.037 103.490 -0.044
202006 -0.004 103.320 -0.005
202009 0.007 103.710 0.008
202012 0.042 103.890 0.049
202103 0.078 104.870 0.091
202106 0.096 105.360 0.111
202109 -0.006 106.290 -0.007
202112 0.065 107.490 0.074
202203 -0.081 110.950 -0.089
202206 0.055 113.570 0.059
202209 0.038 114.920 0.040
202212 0.107 117.320 0.112
202303 -0.006 119.750 -0.006
202306 0.004 120.690 0.004
202309 0.010 121.280 0.010
202312 0.153 121.540 0.154
202403 -0.089 122.360 -0.089

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.


Glaston Oyj  (OHEL:GLA1V) 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.


Glaston Oyj Cyclically Adjusted Price-to-FCF Related Terms

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


Glaston Oyj (OHEL:GLA1V) Business Description

Industry
Traded in Other Exchanges
Address
Lonnrotinkatu 11, Helsinki, FIN, 00120
Glaston Oyj is a company engaged in developing and selling glass processing machinery. Its business includes a wide and technologically advanced range of heat treatment machines, maintenance, upgrade and modernization services, and spare parts for glass flat tempering, bending, bending tempering and laminating. It also offers digital services, such as glass processing machine remote monitoring and fault analysis services, and consulting and engineering services. The company provides solutions to various industries including Architectural, Appliances, Automotive, and Solar. The business operates in three segments; Heat Treatment, Insulating Glass and Automotive and Display. The Insulating Glass segment generates the majority of its revenue.

Glaston Oyj (OHEL:GLA1V) Headlines

No Headlines