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Acanthe Developpement (XPAR:ACAN) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is Acanthe Developpement Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Acanthe Developpement Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Acanthe Developpement'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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Acanthe Developpement Cyclically Adjusted Price-to-FCF Chart

Acanthe Developpement Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Acanthe Developpement Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Acanthe Developpement's Cyclically Adjusted Price-to-FCF

For the REIT - Office subindustry, Acanthe Developpement'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.


Acanthe Developpement's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Acanthe Developpement's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Acanthe Developpement 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.

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

For example, Acanthe Developpement'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)
=0.029/118.3900*118.3900
=0.029

Current CPI (Dec23) = 118.3900.

Acanthe Developpement Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.016 99.860 -0.019
201512 -0.084 100.040 -0.099
201612 -0.144 100.650 -0.169
201712 -0.008 101.850 -0.009
201812 -0.020 103.470 -0.023
201912 0.004 104.980 0.005
202012 0.004 104.960 0.005
202112 -0.139 107.850 -0.153
202212 0.031 114.160 0.032
202312 0.029 118.390 0.029

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.


Acanthe Developpement  (XPAR:ACAN) 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.


Acanthe Developpement Cyclically Adjusted Price-to-FCF Related Terms

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Acanthe Developpement (XPAR:ACAN) Business Description

Industry
Traded in Other Exchanges
Address
2, rue de Bassano, Paris, FRA, 75116
Acanthe Developpement SA is a European property company. Acanthe owns a property portfolio mainly located in the central business district of Paris. The company is organized into four principal operating segments Office Space, Commercial Premises, Hotels, and Residential. It has an operational presence in Belgium and France. All of the company's revenue is generated in the real estate sector in France and Brussels.