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Chemtrade Logisticsome Fund (TSX:CHE.UN) Cyclically Adjusted FCF per Share : C$1.55 (As of Mar. 2024)


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What is Chemtrade Logisticsome Fund Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Chemtrade Logisticsome Fund's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$-0.209. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$1.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Chemtrade Logisticsome Fund's average Cyclically Adjusted FCF Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -1.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Chemtrade Logisticsome Fund was 5.40% per year. The lowest was -7.00% per year. And the median was -3.55% per year.

As of today (2024-05-25), Chemtrade Logisticsome Fund's current stock price is C$9.18. Chemtrade Logisticsome Fund's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$1.55. Chemtrade Logisticsome Fund's Cyclically Adjusted Price-to-FCF of today is 5.92.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Chemtrade Logisticsome Fund was 15.42. The lowest was 3.28. And the median was 9.24.


Chemtrade Logisticsome Fund Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Chemtrade Logisticsome Fund's Cyclically Adjusted FCF per Share 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.

Chemtrade Logisticsome Fund Cyclically Adjusted FCF per Share Chart

Chemtrade Logisticsome Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 1.24 1.32 1.40 1.45

Chemtrade Logisticsome Fund Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 1.44 1.44 1.46 1.45 1.55

Competitive Comparison of Chemtrade Logisticsome Fund's Cyclically Adjusted FCF per Share

For the Chemicals subindustry, Chemtrade Logisticsome Fund'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.


Chemtrade Logisticsome Fund's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chemtrade Logisticsome Fund's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Chemtrade Logisticsome Fund's Cyclically Adjusted Price-to-FCF falls into.



Chemtrade Logisticsome Fund Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Chemtrade Logisticsome Fund's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.209/126.2576*126.2576
=-0.209

Current CPI (Mar. 2024) = 126.2576.

Chemtrade Logisticsome Fund Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.303 99.473 0.385
201409 0.911 99.394 1.157
201412 0.355 98.367 0.456
201503 -0.394 99.789 -0.499
201506 0.445 100.500 0.559
201509 0.678 100.421 0.852
201512 0.519 99.947 0.656
201603 0.063 101.054 0.079
201606 0.184 102.002 0.228
201609 0.771 101.765 0.957
201612 0.364 101.449 0.453
201703 -0.286 102.634 -0.352
201706 0.165 103.029 0.202
201709 0.588 103.345 0.718
201712 0.228 103.345 0.279
201803 0.255 105.004 0.307
201806 0.053 105.557 0.063
201809 0.874 105.636 1.045
201812 0.461 105.399 0.552
201903 -0.701 106.979 -0.827
201906 0.344 107.690 0.403
201909 0.607 107.611 0.712
201912 0.217 107.769 0.254
202003 0.200 107.927 0.234
202006 0.463 108.401 0.539
202009 0.795 108.164 0.928
202012 0.504 108.559 0.586
202103 -0.159 110.298 -0.182
202106 0.332 111.720 0.375
202109 0.579 112.905 0.647
202112 0.516 113.774 0.573
202203 0.201 117.646 0.216
202206 0.393 120.806 0.411
202209 0.753 120.648 0.788
202212 0.425 120.964 0.444
202303 0.169 122.702 0.174
202306 0.532 124.203 0.541
202309 0.587 125.230 0.592
202312 0.199 125.072 0.201
202403 -0.209 126.258 -0.209

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Chemtrade Logisticsome Fund  (TSX:CHE.UN) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Chemtrade Logisticsome Fund's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9.18/1.55
=5.92

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Chemtrade Logisticsome Fund was 15.42. The lowest was 3.28. And the median was 9.24.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Chemtrade Logisticsome Fund Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Chemtrade Logisticsome Fund's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Chemtrade Logisticsome Fund (TSX:CHE.UN) Business Description

Traded in Other Exchanges
Address
155 Gordon Baker Road, Suite 300, Toronto, ON, CAN, M2H 3N5
Chemtrade Logistics Income Fund provides industrial chemicals and services to customers in North America and around the world. The company is organized into four main operating segments: Sulphur Products & Performance Chemicals (SPPC), Water Solutions & Specialty Chemicals (WSSC), Electrochemicals, and Corporate. SPPC markets, remove, and produces merchant, regenerated, and ultra-pure sulphuric acid, liquid sulphur dioxide, sodium hydrosulfite and provides other processing services. WSSC manufactures and markets inorganic coagulants used in water treatment, which includes aluminium sulphate, aluminium chlorodryhate, polyaluminium chloride, sodium nitrate, potassium chloride, and other specialty chemicals. Its geographical segments are Canada, the United States, and South America.

Chemtrade Logisticsome Fund (TSX:CHE.UN) Headlines

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