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Elvalhalcor (ATH:ELHA) Cyclically Adjusted Price-to-FCF : (As of May. 31, 2024)


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What is Elvalhalcor Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Elvalhalcor Cyclically Adjusted Price-to-FCF Historical Data

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

Elvalhalcor Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Elvalhalcor Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Competitive Comparison of Elvalhalcor's Cyclically Adjusted Price-to-FCF

For the Metal Fabrication subindustry, Elvalhalcor'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.


Elvalhalcor's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Elvalhalcor 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.

Elvalhalcor's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Elvalhalcor's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=-0.339/112.4277*112.4277
=-0.339

Current CPI (Dec22) = 112.4277.

Elvalhalcor Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.449 102.937 -0.490
201412 -0.662 100.254 -0.742
201512 0.027 100.087 0.030
201612 0.053 100.110 0.060
201712 0.233 100.762 0.260
201812 0.006 101.330 0.007
201912 0.027 102.120 0.030
202012 -0.077 99.751 -0.087
202112 -0.331 104.853 -0.355
202212 -0.339 112.428 -0.339

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.


Elvalhalcor  (ATH:ELHA) 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.


Elvalhalcor Cyclically Adjusted Price-to-FCF Related Terms

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Elvalhalcor (ATH:ELHA) Business Description

Industry
Traded in Other Exchanges
Address
2-4 Mesogeion Avenue, Athens Tower, 2nd Building, Athens, GRC, GR-115 27
Elvalhalcor SA is a Greece-based company, engaged in the production, processing, and marketing of copper and aluminum products. The company's operating segment includes Copper products and Aluminium products. It generates maximum revenue from the Copper products segment. The company serves Automotive and shipbuilding; Packaging; Energy and power networks; Renewable energy; Industrial applications; Heating, ventilation, air conditioning and refrigeration (HVAC&R), and Building and construction markets. Some of its products include Flat rolled aluminium products and solutions; Aluminium foil and aluminium flexible-packaging materials; Copper tubes with or without plastic coating or industrial insulation and others.

Elvalhalcor (ATH:ELHA) Headlines

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