GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Litgrid AB (OVSE:LGD1L) » Definitions » Cyclically Adjusted Price-to-FCF

Litgrid AB (OVSE:LGD1L) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Litgrid AB Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Litgrid AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Litgrid AB'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.

Litgrid AB Cyclically Adjusted Price-to-FCF Chart

Litgrid AB 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 - - - - -

Litgrid AB 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 - - - - -

Competitive Comparison of Litgrid AB's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Litgrid AB'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.


Litgrid AB's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Litgrid AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Litgrid AB 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.

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

For example, Litgrid AB'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)
=-0.041/131.7762*131.7762
=-0.041

Current CPI (Mar. 2024) = 131.7762.

Litgrid AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.026 100.560 -0.034
201409 -0.040 100.428 -0.052
201412 -0.086 99.070 -0.114
201503 -0.096 99.621 -0.127
201506 -0.156 100.684 -0.204
201509 -0.055 100.392 -0.072
201512 -0.050 99.792 -0.066
201603 -0.044 100.470 -0.058
201606 -0.024 101.688 -0.031
201609 0.003 101.861 0.004
201612 0.010 101.863 0.013
201703 0.017 102.862 0.022
201706 0.007 103.349 0.009
201709 0.006 104.136 0.008
201712 0.003 104.011 0.004
201803 0.012 105.290 0.015
201806 -0.004 106.317 -0.005
201809 -0.006 106.507 -0.007
201812 0.004 105.998 0.005
201903 0.008 107.251 0.010
201906 0.006 108.070 0.007
201909 -0.024 108.329 -0.029
201912 -0.019 108.420 -0.023
202003 -0.017 108.902 -0.021
202006 -0.001 108.767 -0.001
202009 -0.018 109.815 -0.022
202012 -0.013 109.897 -0.016
202103 0.066 111.754 0.078
202106 -0.004 114.631 -0.005
202109 -0.001 115.734 -0.001
202112 -0.043 117.630 -0.048
202203 -0.032 121.301 -0.035
202206 -0.045 125.017 -0.047
202209 -0.159 125.227 -0.167
202212 -0.015 125.222 -0.016
202303 -0.005 127.348 -0.005
202306 -0.060 128.729 -0.061
202309 -0.025 129.860 -0.025
202312 -0.065 129.419 -0.066
202403 -0.041 131.776 -0.041

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.


Litgrid AB  (OVSE:LGD1L) 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.


Litgrid AB Cyclically Adjusted Price-to-FCF Related Terms

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


Litgrid AB (OVSE:LGD1L) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Karlo Gustavo Emilio Manerheimo street 8, Vilnius, LTU, LT-05131
Litgrid AB is an operator of an electricity transmission system operating electricity transmissions in Lithuania. It is responsible for integrating the national power system into the European power infrastructure and electricity market. The business activity of the group functions under various segments namely Electricity transmission and related services activities, and Other income. Geographically, the business presence of the firm is seen in the regions of Lithuania, Norway, Sweden, Latvia, Estonia and others of which the Lithuania region accounts for the majority of the revenue.

Litgrid AB (OVSE:LGD1L) Headlines

No Headlines