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AMSC ASA (AMSC ASA) Cyclically Adjusted Price-to-FCF : 4.76 (As of Jun. 10, 2024)


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What is AMSC ASA Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), AMSC ASA's current share price is $2.76. AMSC ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.58. AMSC ASA's Cyclically Adjusted Price-to-FCF for today is 4.76.

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

ASCJF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.2   Med: 4.04   Max: 6.35
Current: 4.98

During the past years, AMSC ASA's highest Cyclically Adjusted Price-to-FCF was 6.35. The lowest was 2.20. And the median was 4.04.

ASCJF's Cyclically Adjusted Price-to-FCF is ranked better than
88.34% of 429 companies
in the Transportation industry
Industry Median: 17.79 vs ASCJF: 4.98

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.

AMSC ASA's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.005. 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 $0.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AMSC ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AMSC ASA'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.

AMSC ASA Cyclically Adjusted Price-to-FCF Chart

AMSC ASA 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 4.07 3.69 4.01 5.87 4.17

AMSC ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.75 5.33 5.77 4.17 4.29

Competitive Comparison of AMSC ASA's Cyclically Adjusted Price-to-FCF

For the Marine Shipping subindustry, AMSC ASA'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.


AMSC ASA's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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



AMSC ASA 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.

AMSC ASA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.76/0.58
=4.76

* 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.

AMSC ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, AMSC ASA'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)
=-0.005/132.6000*132.6000
=-0.005

Current CPI (Mar. 2024) = 132.6000.

AMSC ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.153 97.500 0.208
201409 0.156 98.500 0.210
201412 0.236 98.600 0.317
201503 0.179 99.200 0.239
201506 0.191 100.100 0.253
201509 0.221 100.600 0.291
201512 0.301 100.900 0.396
201603 0.230 102.500 0.298
201606 0.240 103.800 0.307
201609 0.112 104.200 0.143
201612 0.377 104.400 0.479
201703 0.183 105.000 0.231
201706 0.246 105.800 0.308
201709 0.103 105.900 0.129
201712 0.297 106.100 0.371
201803 0.098 107.300 0.121
201806 0.294 108.500 0.359
201809 0.121 109.500 0.147
201812 0.316 109.800 0.382
201903 0.025 110.400 0.030
201906 0.287 110.600 0.344
201909 0.145 111.100 0.173
201912 0.136 111.300 0.162
202003 0.088 111.200 0.105
202006 0.297 112.100 0.351
202009 0.023 112.900 0.027
202012 0.257 112.900 0.302
202103 0.255 114.600 0.295
202106 0.247 115.300 0.284
202109 0.159 117.500 0.179
202112 0.319 118.900 0.356
202203 0.155 119.800 0.172
202206 0.328 122.600 0.355
202209 -0.328 125.600 -0.346
202212 -0.225 125.900 -0.237
202303 -0.023 127.600 -0.024
202306 0.408 130.400 0.415
202309 -0.025 129.800 -0.026
202312 -0.453 131.900 -0.455
202403 -0.005 132.600 -0.005

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.


AMSC ASA  (OTCPK:ASCJF) 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.


AMSC ASA Cyclically Adjusted Price-to-FCF Related Terms

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


AMSC ASA (AMSC ASA) Business Description

Industry
Traded in Other Exchanges
Address
Oksenoyveien 10, Building B, Lysaker, Baerum, NOR, 1366
AMSC ASA is a ship finance company focused on owning and bareboat chartering maritime assets. The company owns a fleet of nine modern handy size product tankers, one modern handy size shuttle tanker and an international subsea construction vessel. AMSC charters its vessels on long term bareboat charters that provide stable, predictable cash flow. Its operating segment includes U.S Jones Act Tankers and Offshore.