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Alliance Holdings GP LP (Alliance Holdings GP LP) Cyclically Adjusted Price-to-FCF : (As of May. 14, 2024)


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What is Alliance Holdings GP LP Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alliance Holdings GP LP Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alliance Holdings GP LP'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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Alliance Holdings GP LP Cyclically Adjusted Price-to-FCF Chart

Alliance Holdings GP LP Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted Price-to-FCF
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Alliance Holdings GP LP Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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Competitive Comparison of Alliance Holdings GP LP's Cyclically Adjusted Price-to-FCF

For the Coking Coal subindustry, Alliance Holdings GP LP'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.


Alliance Holdings GP LP's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Alliance Holdings GP LP's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Alliance Holdings GP LP's Cyclically Adjusted Price-to-FCF falls into.



Alliance Holdings GP LP 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.

Alliance Holdings GP LP's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2018 is calculated as:

For example, Alliance Holdings GP LP's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2018 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2018 (Change)*Current CPI (Mar. 2018)
=2.886/105.2895*105.2895
=2.886

Current CPI (Mar. 2018) = 105.2895.

Alliance Holdings GP LP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200806 0.782 92.320 0.892
200809 -0.171 92.307 -0.195
200812 0.573 88.697 0.680
200903 -0.187 89.744 -0.219
200906 -0.007 91.003 -0.008
200909 -0.050 91.120 -0.058
200912 -0.548 91.111 -0.633
201003 0.480 91.821 0.550
201006 0.903 91.962 1.034
201009 1.246 92.162 1.423
201012 1.165 92.474 1.326
201103 0.944 94.283 1.054
201106 1.015 95.235 1.122
201109 1.044 95.727 1.148
201112 1.242 95.213 1.373
201203 0.062 96.783 0.067
201206 0.099 96.819 0.108
201209 1.342 97.633 1.447
201212 0.527 96.871 0.573
201303 2.153 98.209 2.308
201306 1.356 98.518 1.449
201309 1.607 98.790 1.713
201312 1.128 98.326 1.208
201403 1.170 99.695 1.236
201406 2.569 100.560 2.690
201409 2.095 100.428 2.196
201412 1.306 99.070 1.388
201503 1.850 99.621 1.955
201506 1.992 100.684 2.083
201509 2.306 100.392 2.419
201512 2.231 99.792 2.354
201603 0.811 100.470 0.850
201606 1.899 101.688 1.966
201609 4.335 101.861 4.481
201612 3.140 101.863 3.246
201703 2.442 102.862 2.500
201706 1.330 103.349 1.355
201709 2.064 104.136 2.087
201712 0.996 104.011 1.008
201803 2.886 105.290 2.886

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.


Alliance Holdings GP LP  (NAS:AHGP) 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.


Alliance Holdings GP LP Cyclically Adjusted Price-to-FCF Related Terms

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Alliance Holdings GP LP (Alliance Holdings GP LP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Alliance Holdings GP LP is a diversified producer and marketer of coal to U.S. utilities and industrial users that operate approximately ten underground mining complexes in Illinois, Indiana, Kentucky, Maryland and West Virginia. The company operates in five reportable segments which are the Illinois Basin, Central Appalachia, Northern Appalachia, White Oak and Other and Corporate.
Executives
Robert J Druten director 6503 SENECA ROAD, MISSION HILLS KS 66208
Craft Joseph W Iii director, 10 percent owner, officer: President and Chief Executive PO BOX 22027, TULSA OK 74121-2027
Cary P Marshall officer: Vice President and Treasurer PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121
Wilson M Torrence director 1717 SOUTH BOULDER, SUITE 400, TULSA OK 74119
Michael J Hall director 7438 EAST 68TH PLACE, TULSA OK 74133
Kathleen S. Craft 10 percent owner 2502 E. 45TH ST., TULSA OK 74105
Charles R Wesley other: Member of 13d group (over 10%) PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121
Thomas M Wynne other: Member of 13d group (over 10%) PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121
R Eberley Davis officer: SVP-Law&Admin,General Counsel 1717 SOUTH BOULDER, SUITE 400, TULSA OK 74119
Brian L Cantrell officer: Senior VP and CFO P O BOX 22027, TULSA OK 74121
Dave A Gilbert other: Member of 13d group (over 10%) PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121
Dale G Wilkerson other: Member of 13d group (over 10%) PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121
A Wellford Tabor other: Member of 13d group (over 10%) 2820 SELWYN AVE. SUITE 550 CHARLOTTE NC 28209
Thomas L Pearson officer: Senior VP-Law & Adminstration PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121
Gary J Rathburn other: Member of 13d group (over 10%) PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121

Alliance Holdings GP LP (Alliance Holdings GP LP) Headlines