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Alfen NV (XAMS:ALFEN) Cyclically Adjusted Price-to-FCF : (As of Jun. 02, 2024)


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What is Alfen NV Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alfen NV Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alfen NV'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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Alfen NV Cyclically Adjusted Price-to-FCF Chart

Alfen NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Alfen NV Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Alfen NV's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Alfen NV'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.


Alfen NV's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Alfen NV 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.

Alfen NV's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Alfen NV'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)
=-1.335/126.4500*126.4500
=-1.335

Current CPI (Dec23) = 126.4500.

Alfen NV Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.000 99.050 0.000
201512 0.178 99.730 0.226
201612 -0.067 100.710 -0.084
201712 -0.248 101.970 -0.308
201812 -0.378 103.970 -0.460
201912 0.370 106.800 0.438
202012 0.501 107.850 0.587
202112 -0.053 114.010 -0.059
202212 -0.945 124.940 -0.956
202312 -1.335 126.450 -1.335

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.


Alfen NV  (XAMS:ALFEN) 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.


Alfen NV Cyclically Adjusted Price-to-FCF Related Terms

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Alfen NV (XAMS:ALFEN) Business Description

Industry
Address
Hefbrugweg 28, Almere, FL, NLD, 1332 AP
Alfen NV is engaged in the business of developing, producing and selling various products, systems and services related to the electricity grid. The company's business segments are Smart Grid Solutions, Energy Storage Systems, and EV Charging Equipment. The Netherlands is company's main geographic market, followed by Belgium and Finland.

Alfen NV (XAMS:ALFEN) Headlines

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