GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Altri SGPS SA (XLIS:ALTR) » Definitions » Cyclically Adjusted Price-to-FCF

Altri SGPS (XLIS:ALTR) Cyclically Adjusted Price-to-FCF : 7.83 (As of Apr. 28, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Altri SGPS Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Altri SGPS's current share price is €5.17. Altri SGPS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.66. Altri SGPS's Cyclically Adjusted Price-to-FCF for today is 7.83.

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

XLIS:ALTR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4   Med: 6.85   Max: 14.32
Current: 7.78

During the past years, Altri SGPS's highest Cyclically Adjusted Price-to-FCF was 14.32. The lowest was 4.00. And the median was 6.85.

XLIS:ALTR's Cyclically Adjusted Price-to-FCF is ranked better than
78.12% of 128 companies
in the Forest Products industry
Industry Median: 16.555 vs XLIS:ALTR: 7.78

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.

Altri SGPS's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €0.179. 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 €0.66 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altri SGPS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Altri 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.

Altri SGPS Cyclically Adjusted Price-to-FCF Chart

Altri 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 7.15 6.48 5.92 6.21 6.93

Altri SGPS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 6.52 6.21 6.21 6.45 6.93

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

For the Paper & Paper Products subindustry, Altri 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.


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

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

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



Altri 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.17/0.66
=7.83

* 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.

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

For example, Altri 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)
=0.179/118.0324*118.0324
=0.179

Current CPI (Dec. 2023) = 118.0324.

Altri SGPS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.077 100.080 0.091
201403 0.039 99.788 0.046
201406 0.085 99.967 0.100
201409 0.135 99.617 0.160
201412 0.090 99.723 0.107
201503 0.094 100.097 0.111
201506 0.156 100.769 0.183
201509 0.249 100.489 0.292
201512 0.331 100.119 0.390
201603 0.167 100.547 0.196
201606 0.033 101.319 0.038
201609 0.002 101.122 0.002
201612 0.132 100.998 0.154
201703 0.058 101.924 0.067
201706 0.123 102.240 0.142
201709 0.200 102.527 0.230
201712 0.218 102.479 0.251
201803 0.157 102.626 0.181
201806 0.353 103.790 0.401
201809 0.214 103.960 0.243
201812 0.067 103.159 0.077
201903 0.211 103.495 0.241
201906 0.186 104.192 0.211
201909 -0.024 103.844 -0.027
201912 0.153 103.592 0.174
202003 0.170 103.544 0.194
202006 0.109 104.323 0.123
202009 0.149 103.699 0.170
202012 0.160 103.354 0.183
202103 0.140 104.014 0.159
202106 0.139 104.852 0.156
202109 0.557 105.232 0.625
202112 0.114 106.191 0.127
202203 0.264 109.559 0.284
202206 0.147 114.003 0.152
202209 0.034 114.999 0.035
202212 0.195 116.377 0.198
202306 -0.081 117.872 -0.081
202309 0.077 119.111 0.076
202312 0.179 118.032 0.179

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.


Altri SGPS  (XLIS:ALTR) 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.


Altri SGPS Cyclically Adjusted Price-to-FCF Related Terms

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


Altri SGPS (XLIS:ALTR) Business Description

Industry
Traded in Other Exchanges
Address
Rua Manuel Pinto de Azevedo, 818, Porto, PRT, 4100-320
Altri SGPS SA manages forests and produces and sells pulp. The company owns and manages eucalyptus forests throughout Portugal and harvests timber. The timber is transported to the firm's mills, where it produces pulp for sale to paper manufacturers. Around half of the company's pulp is sold to tissue paper producers, while other main end products include writing and printing paper, and soluble paste, which is used in the production of textiles. It also generates and sells electricity from biomass. The majority of revenue comes from Europe.