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Signify NV (XAMS:LIGHT) Cyclically Adjusted Price-to-FCF : 6.17 (As of Jun. 08, 2024)


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

As of today (2024-06-08), Signify NV's current share price is €24.66. Signify NV's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €4.00. Signify NV's Cyclically Adjusted Price-to-FCF for today is 6.17.

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

XAMS:LIGHT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.17   Med: 9.31   Max: 14.09
Current: 6.23

During the past 12 years, Signify NV's highest Cyclically Adjusted Price-to-FCF was 14.09. The lowest was 6.17. And the median was 9.31.

XAMS:LIGHT's Cyclically Adjusted Price-to-FCF is ranked better than
96.12% of 1031 companies
in the Industrial Products industry
Industry Median: 32.88 vs XAMS:LIGHT: 6.23

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.

Signify NV's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €4.539. 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 €4.00 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Signify NV Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Signify 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.

* Premium members only.

Signify NV Cyclically Adjusted Price-to-FCF Chart

Signify NV 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 - - 11.95 8.82 7.58

Signify NV 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 - - - 7.58 -

Competitive Comparison of Signify NV's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Signify 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.


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

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

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



Signify 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.

Signify NV's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=24.66/4
=6.17

* 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.

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

For example, Signify 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)
=4.539/126.4500*126.4500
=4.539

Current CPI (Dec23) = 126.4500.

Signify NV Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 2.120 99.050 2.706
201512 3.873 99.730 4.911
201612 2.640 100.710 3.315
201712 2.351 101.970 2.915
201812 2.213 103.970 2.691
201912 4.012 106.800 4.750
202012 6.107 107.850 7.160
202112 4.555 114.010 5.052
202212 1.912 124.940 1.935
202312 4.539 126.450 4.539

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.


Signify NV  (XAMS:LIGHT) 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.


Signify NV Cyclically Adjusted Price-to-FCF Related Terms

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


Signify NV (XAMS:LIGHT) Business Description

Industry
Address
High Tech Campus 48, Eindhoven, NLD, 5656 AE
Signify NV is a Netherlands-based firm that provides lighting solutions. The company's product portfolio includes luminaires, lamps, light-emitting diode (LED) lamps, LED tubes, and decorative lighting. Its product application is very broad-based as it is used in almost every industry. The operating segments are Digital Solutions, Digital Products, and Conventional Products. The firm generates of its revenues from its Digital Solutions segment and operates mainly in Europe, the Americas, as well as other international markets.

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