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Zardoya Otis (XMAD:ZOT) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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What is Zardoya Otis Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zardoya Otis Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zardoya Otis'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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Zardoya Otis Cyclically Adjusted Price-to-FCF Chart

Zardoya Otis Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Cyclically Adjusted Price-to-FCF
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Zardoya Otis Quarterly Data
Nov15 May16 Nov16 May17 Nov17 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21
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Competitive Comparison of Zardoya Otis's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Zardoya Otis'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.


Zardoya Otis's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Zardoya Otis 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.

Zardoya Otis's Cyclically Adjusted FCF per Share for the fiscal year that ended in Nov21 is calculated as:

For example, Zardoya Otis's adjusted Free Cash Flow per Share data for the fiscal year that ended in Nov21 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Nov21 (Change)*Current CPI (Nov21)
=0.352/109.9842*109.9842
=0.352

Current CPI (Nov21) = 109.9842.

Zardoya Otis Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201211 0.416 100.981 0.453
201311 0.405 101.215 0.440
201411 0.436 100.839 0.476
201511 0.358 100.563 0.392
201611 0.334 101.241 0.363
201711 0.340 102.928 0.363
201811 0.323 104.663 0.339
201911 0.354 105.091 0.370
202011 0.361 104.235 0.381
202111 0.352 109.984 0.352

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.


Zardoya Otis  (XMAD:ZOT) 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.


Zardoya Otis Cyclically Adjusted Price-to-FCF Related Terms

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Zardoya Otis (XMAD:ZOT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
C / Gulf of Thessaloniki No. 73, Madrid, ESP, 28033
Zardoya Otis SA and its subsidiaries are in the business of manufacturing and installing elevators and provision of related maintenance services and export of equipment for installation. The company has manufacturing plants in Madrid and San Sebastian and modernization centers in Munguia and Vigo. Its significant contracts include Louvre museum, Stavros niarchos foundation and Auchan supermarkets. The company mainly operates in Spain, Portugal and Morocco.

Zardoya Otis (XMAD:ZOT) Headlines

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