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Altair International (Altair International) Cyclically Adjusted Price-to-FCF : (As of May. 28, 2024)


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What is Altair International Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Altair International Cyclically Adjusted Price-to-FCF Historical Data

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

Altair International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Altair International Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Altair International's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Altair International'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.


Altair International's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Altair International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Altair International 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.

Altair International's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Altair International's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.002/129.8595*129.8595
=-0.002

Current CPI (Sep. 2023) = 129.8595.

Altair International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.017 98.326 -0.022
201403 -0.003 99.695 -0.004
201406 -0.007 100.560 -0.009
201409 0.000 100.428 0.000
201412 0.080 99.070 0.105
201503 -0.094 99.621 -0.123
201506 -0.024 100.684 -0.031
201509 -0.003 100.392 -0.004
201512 -0.027 99.792 -0.035
201603 -0.005 100.470 -0.006
201606 -0.007 101.688 -0.009
201609 -0.028 101.861 -0.036
201612 -0.007 101.863 -0.009
201703 -0.007 102.862 -0.009
201706 -0.005 103.349 -0.006
201709 0.000 104.136 0.000
201712 0.000 104.011 0.000
201803 0.000 105.290 0.000
201806 -0.016 106.317 -0.020
201809 -0.006 106.507 -0.007
201812 -0.001 105.998 -0.001
201903 0.000 107.251 0.000
201906 0.000 108.070 0.000
201909 0.000 108.329 0.000
201912 0.000 108.420 0.000
202003 0.000 108.902 0.000
202006 -0.002 108.767 -0.002
202009 -0.002 109.815 -0.002
202012 -0.001 109.897 -0.001
202103 -0.011 111.754 -0.013
202106 -0.008 114.631 -0.009
202109 -0.006 115.734 -0.007
202112 -0.002 117.630 -0.002
202203 -0.002 121.301 -0.002
202206 -0.001 125.017 -0.001
202209 -0.003 125.227 -0.003
202212 -0.001 125.222 -0.001
202303 -0.001 127.348 -0.001
202306 -0.001 128.729 -0.001
202309 -0.002 129.860 -0.002

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.


Altair International  (OTCPK:ATAO) 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.


Altair International Cyclically Adjusted Price-to-FCF Related Terms

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Altair International (Altair International) Business Description

Traded in Other Exchanges
N/A
Address
322 North Shore Drive, Building 1B, Suite 200, Pittsburgh, PA, USA, 15212
Altair International Corp is currently engaged in identifying and assessing new business opportunities. The company had Interests In the Lithium And Gold Mining Sectors. Its projects include Stonewall and Walker Ridge.
Executives
Leonard Lovallo director, 10 percent owner, officer: President and CEO 322 NORTH SHORE DRIVE, BUILDING 1B, SUITE 200, PITTSBURGH PA 15212
Fourth Street Fund, Lp 10 percent owner 4047 ST GEORGES CT, DULUTH GA 30096
Erop Capital Llc other: Owner of 9.9% of Issuer 912 HOLCOMB BRIDGE ROAD, STE 101, ROSWELL GA 30076
Alan M Smith director, 10 percent owner, officer: President and CEO 1624 MARKET STREET, SUITE 202, DENVER CO 80202