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Electricite et Eaux de Madagascar (XPAR:EEM) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is Electricite et Eaux de Madagascar Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Electricite et Eaux de Madagascar Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Electricite et Eaux de Madagascar'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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Electricite et Eaux de Madagascar Cyclically Adjusted Price-to-FCF Chart

Electricite et Eaux de Madagascar Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 844.51

Electricite et Eaux de Madagascar Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - - - 844.51 -

Competitive Comparison of Electricite et Eaux de Madagascar's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Electricite et Eaux de Madagascar'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.


Electricite et Eaux de Madagascar's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Electricite et Eaux de Madagascar's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Electricite et Eaux de Madagascar's Cyclically Adjusted Price-to-FCF falls into.



Electricite et Eaux de Madagascar 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.

Electricite et Eaux de Madagascar's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Electricite et Eaux de Madagascar'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)
=-0.388/114.1600*114.1600
=-0.388

Current CPI (Dec22) = 114.1600.

Electricite et Eaux de Madagascar Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.153 99.800 -0.175
201412 1.120 99.860 1.280
201512 1.534 100.040 1.751
201612 -0.018 100.650 -0.020
201712 -0.939 101.850 -1.052
201812 -0.386 103.470 -0.426
201912 -0.091 104.980 -0.099
202012 -0.136 104.960 -0.148
202112 -0.638 107.850 -0.675
202212 -0.388 114.160 -0.388

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.


Electricite et Eaux de Madagascar  (XPAR:EEM) 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.


Electricite et Eaux de Madagascar Cyclically Adjusted Price-to-FCF Related Terms

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


Electricite et Eaux de Madagascar (XPAR:EEM) Business Description

Traded in Other Exchanges
N/A
Address
48 avenue Victor Hugo, Paris, FRA, 75116
Electricite et Eaux de Madagascar is an international investment company. The company is present in the hotel industry in Cambodia and real estate in the Paris region holds a majority stake in Gascogne and a stake in the Societe Francaise de Casinos.

Electricite et Eaux de Madagascar (XPAR:EEM) Headlines

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