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Corticeira Amorim SGPS (XLIS:COR) Cyclically Adjusted Price-to-FCF : 40.17 (As of May. 14, 2024)


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What is Corticeira Amorim SGPS Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), Corticeira Amorim SGPS's current share price is €9.64. Corticeira Amorim SGPS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.24. Corticeira Amorim SGPS's Cyclically Adjusted Price-to-FCF for today is 40.17.

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

XLIS:COR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.51   Med: 37.33   Max: 50.96
Current: 39.95

During the past years, Corticeira Amorim SGPS's highest Cyclically Adjusted Price-to-FCF was 50.96. The lowest was 25.51. And the median was 37.33.

XLIS:COR's Cyclically Adjusted Price-to-FCF is ranked worse than
80.77% of 130 companies
in the Forest Products industry
Industry Median: 17.105 vs XLIS:COR: 39.95

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.

Corticeira Amorim SGPS's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €-0.159. 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 €0.24 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corticeira Amorim SGPS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Corticeira Amorim SGPS'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.

Corticeira Amorim SGPS Cyclically Adjusted Price-to-FCF Chart

Corticeira Amorim SGPS 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 50.01 48.47 34.34 26.57 37.53

Corticeira Amorim SGPS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 26.57 33.35 33.55 36.16 37.53

Competitive Comparison of Corticeira Amorim SGPS's Cyclically Adjusted Price-to-FCF

For the Lumber & Wood Production subindustry, Corticeira Amorim SGPS'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.


Corticeira Amorim SGPS's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

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

* The bar in red indicates where Corticeira Amorim SGPS's Cyclically Adjusted Price-to-FCF falls into.



Corticeira Amorim SGPS 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.

Corticeira Amorim SGPS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.64/0.24
=40.17

* 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.

Corticeira Amorim SGPS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Corticeira Amorim SGPS's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.159/118.0324*118.0324
=-0.159

Current CPI (Dec. 2023) = 118.0324.

Corticeira Amorim SGPS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.021 99.788 0.025
201406 0.099 99.967 0.117
201409 0.106 99.617 0.126
201412 0.107 99.723 0.127
201503 -0.018 100.097 -0.021
201506 0.129 100.769 0.151
201509 0.041 100.489 0.048
201512 0.022 100.119 0.026
201603 -0.026 100.547 -0.031
201606 0.231 101.319 0.269
201609 0.112 101.122 0.131
201612 -0.132 100.998 -0.154
201703 0.121 101.924 0.140
201706 0.190 102.240 0.219
201709 -0.297 102.527 -0.342
201712 0.214 102.479 0.246
201803 0.075 102.626 0.086
201806 0.061 103.790 0.069
201809 -0.026 103.960 -0.030
201812 -0.094 103.159 -0.108
201903 -0.045 103.495 -0.051
201906 0.122 104.192 0.138
201909 0.045 103.844 0.051
201912 0.087 103.592 0.099
202003 0.080 103.544 0.091
202006 0.230 104.323 0.260
202009 0.206 103.699 0.234
202012 0.066 103.354 0.075
202103 0.258 104.014 0.293
202106 0.456 104.852 0.513
202109 0.222 105.232 0.249
202112 -0.060 106.191 -0.067
202203 0.072 109.559 0.078
202206 0.097 114.003 0.100
202209 -0.202 114.999 -0.207
202212 0.001 116.377 0.001
202303 -0.273 117.701 -0.274
202306 0.024 117.872 0.024
202309 -0.111 119.111 -0.110
202312 -0.159 118.032 -0.159

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.


Corticeira Amorim SGPS  (XLIS:COR) 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.


Corticeira Amorim SGPS Cyclically Adjusted Price-to-FCF Related Terms

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


Corticeira Amorim SGPS (XLIS:COR) Business Description

Traded in Other Exchanges
Address
No. 380, Rua Comendador Américo Ferreira de Amorim, Mozelos, PRT, 4536-902
Corticeira Amorim SGPS SA (Corticeira Amorim) is a holding company engaged in cork-related products. Group organizes its activities into five business divisions: Raw Materials, Cork Stoppers, Floor and wall Coverings, Cork Composites, and Insulation Cork. The company's products include stoppers for wine and other spirits, granulated cork, rubber cork, cork floorings and giftware. The business of the company is operated through Portugal, Spain, Tunisia, the United States, Australia, Germany, China, Italy, Argentina, France and Netherlands. The company derives majority of the revenue from European region.