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Arctic Paper (WAR:ATC) Cyclically Adjusted Price-to-FCF : 9.68 (As of May. 27, 2024)


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What is Arctic Paper Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), Arctic Paper's current share price is zł22.56. Arctic Paper's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was zł2.33. Arctic Paper's Cyclically Adjusted Price-to-FCF for today is 9.68.

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

WAR:ATC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.89   Med: 6.2   Max: 16.64
Current: 9.67

During the past years, Arctic Paper's highest Cyclically Adjusted Price-to-FCF was 16.64. The lowest was 2.89. And the median was 6.20.

WAR:ATC's Cyclically Adjusted Price-to-FCF is ranked better than
72.95% of 122 companies
in the Forest Products industry
Industry Median: 16.96 vs WAR:ATC: 9.67

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.

Arctic Paper's adjusted free cash flow per share data for the three months ended in Mar. 2024 was zł-0.236. 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 zł2.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arctic Paper Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Arctic Paper'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.

Arctic Paper Cyclically Adjusted Price-to-FCF Chart

Arctic Paper 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 3.28 4.97 7.42 11.43 9.41

Arctic Paper 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 9.78 8.76 6.48 9.41 9.00

Competitive Comparison of Arctic Paper's Cyclically Adjusted Price-to-FCF

For the Paper & Paper Products subindustry, Arctic Paper'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.


Arctic Paper's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Arctic Paper's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Arctic Paper 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.

Arctic Paper's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=22.56/2.33
=9.68

* 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.

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

For example, Arctic Paper'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)
=-0.236/149.0435*149.0435
=-0.236

Current CPI (Mar. 2024) = 149.0435.

Arctic Paper Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.122 101.180 0.180
201409 1.476 100.611 2.187
201412 0.125 100.122 0.186
201503 0.362 100.041 0.539
201506 -0.193 100.448 -0.286
201509 0.469 99.634 0.702
201512 0.370 99.471 0.554
201603 -0.370 98.983 -0.557
201606 -0.322 99.552 -0.482
201609 0.389 99.064 0.585
201612 0.409 100.366 0.607
201703 -0.129 101.018 -0.190
201706 0.534 101.180 0.787
201709 0.097 101.343 0.143
201712 0.655 102.564 0.952
201803 -0.450 102.564 -0.654
201806 -0.497 103.378 -0.717
201809 0.411 103.378 0.593
201812 0.151 103.785 0.217
201903 0.582 104.274 0.832
201906 0.368 105.983 0.518
201909 0.976 105.983 1.373
201912 1.027 107.123 1.429
202003 0.550 109.076 0.752
202006 -0.582 109.402 -0.793
202009 1.254 109.320 1.710
202012 -0.140 109.565 -0.190
202103 -0.165 112.658 -0.218
202106 0.034 113.960 0.044
202109 0.151 115.588 0.195
202112 1.111 119.088 1.390
202203 -0.325 125.031 -0.387
202206 2.646 131.705 2.994
202209 3.158 135.531 3.473
202212 1.052 139.113 1.127
202303 0.432 145.950 0.441
202306 0.652 147.009 0.661
202309 2.183 146.113 2.227
202312 0.644 147.741 0.650
202403 -0.236 149.044 -0.236

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.


Arctic Paper  (WAR:ATC) 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.


Arctic Paper Cyclically Adjusted Price-to-FCF Related Terms

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


Arctic Paper (WAR:ATC) Business Description

Industry
Traded in Other Exchanges
Address
UL. Fabryczna 1, Kostrzyn nad Odra, Lubuskie, POL, 66470
Arctic Paper SA is a holding company in Poland. The company produces a volume of bulky book paper and produces high-quality graphic paper in Europe. The group produces numerous types of uncoated and coated wood-free paper as well as wood-containing uncoated paper for printing houses, paper distributors, book and magazine publishing houses and the advertising industry. The company operates solely in the segment of high-quality graphic papers which is split into three core segments: Uncoated paper, Pulp, coated papers, and Other. Majority of revenue is generated from Uncoated segment.