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Avantium NV (XAMS:AVTX) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Avantium NV Cyclically Adjusted Price-to-FCF Historical Data

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

Avantium NV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Avantium NV Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Competitive Comparison of Avantium NV's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Avantium 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.


Avantium NV's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Avantium NV's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Avantium 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.

Avantium NV's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Avantium NV's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=-0.953/124.9400*124.9400
=-0.953

Current CPI (Dec22) = 124.9400.

Avantium NV Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.583 98.360 -0.741
201412 -0.424 99.050 -0.535
201512 -0.279 99.730 -0.350
201612 -0.274 100.710 -0.340
201712 -0.395 101.970 -0.484
201812 -0.549 103.970 -0.660
201912 -1.026 106.800 -1.200
202012 -0.546 107.850 -0.633
202112 -0.466 114.010 -0.511
202212 -0.953 124.940 -0.953

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.


Avantium NV  (XAMS:AVTX) 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.


Avantium NV Cyclically Adjusted Price-to-FCF Related Terms

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


Avantium NV (XAMS:AVTX) Business Description

Industry
Traded in Other Exchanges
Address
Zekeringstraat 29-31, Amsterdam, NLD, 1014 BV
Avantium NV along with its subsidiaries is engaged in developing and commercializing next-generation bio-based plastics and chemicals based on its technological capabilities in advanced catalysis research and development. Avantium also provides solutions in the field of sustainable chemistry and provider of advanced catalyst testing technology. The company operates through Catalysis, R&D Solutions, Renewable Chemistries and Renewable Polymer segments.