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Abengoa (Abengoa) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


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What is Abengoa Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Abengoa Cyclically Adjusted Price-to-FCF Historical Data

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

Abengoa Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted Price-to-FCF
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Abengoa Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20
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Competitive Comparison of Abengoa's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Abengoa'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.


Abengoa's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Abengoa's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Abengoa 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.

Abengoa's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2020 is calculated as:

For example, Abengoa's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2020 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2020 (Change)*Current CPI (Dec. 2020)
=0/104.4560*104.4560
=0.000

Current CPI (Dec. 2020) = 104.4560.

Abengoa Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201012 7.874 95.953 8.572
201103 1.323 96.085 1.438
201106 6.874 97.111 7.394
201109 6.420 96.946 6.917
201112 3.777 98.235 4.016
201203 -1.640 97.909 -1.750
201206 2.507 98.952 2.646
201209 -2.294 100.254 -2.390
201212 1.633 101.052 1.688
201303 -0.176 100.284 -0.183
201306 0.605 100.994 0.626
201309 0.298 100.597 0.309
201312 0.741 101.306 0.764
201403 -1.291 100.139 -1.347
201406 -0.986 101.081 -1.019
201409 -0.547 100.441 -0.569
201412 -1.118 100.251 -1.165
201503 0.242 99.474 0.254
201506 -0.598 101.138 -0.618
201509 -1.176 99.559 -1.234
201512 -0.238 100.268 -0.248
201603 -0.307 98.638 -0.325
201606 -0.179 100.333 -0.186
201609 -0.104 99.737 -0.109
201612 -0.084 101.842 -0.086
201703 -0.131 100.896 -0.136
201706 -0.016 101.848 -0.016
201709 -0.001 101.524 -0.001
201712 0.000 102.975 0.000
201803 -0.002 102.122 -0.002
201806 -0.007 104.165 -0.007
201809 0.000 103.818 0.000
201812 0.001 104.193 0.001
201903 0.001 103.488 0.001
201906 -0.006 104.612 -0.006
201909 0.001 103.905 0.001
201912 -0.003 105.015 -0.003
202003 0.002 103.469 0.002
202006 -0.004 104.254 -0.004
202012 0.000 104.456 0.000

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.


Abengoa  (OTCPK:ABGOF) 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.


Abengoa Cyclically Adjusted Price-to-FCF Related Terms

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


Abengoa (Abengoa) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1 Energia Solar Street, Campus Palmas Altas, Sevilla, ESP, 41014
Abengoa SA together with its subsidiaries provides technology solutions for the energy and environment sectors in Spain and rest of Europe, North America, Brazil and the rest of South America, and internationally. The company operates two activities which are Engineering and construction which includes the traditional engineering business in the energy and water sectors; Concession-type infrastructures include the operation of electric energy generation plants, desalination plants, and transmission lines. Engineering and construction generate most of the revenue.

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