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Piraeus Port Authority (ATH:PPA) Cyclically Adjusted Price-to-FCF : 19.39 (As of May. 15, 2024)


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What is Piraeus Port Authority Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Piraeus Port Authority's current share price is €25.40. Piraeus Port Authority's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €1.31. Piraeus Port Authority's Cyclically Adjusted Price-to-FCF for today is 19.39.

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

ATH:PPA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15   Med: 29   Max: 353.57
Current: 19.14

During the past 13 years, Piraeus Port Authority's highest Cyclically Adjusted Price-to-FCF was 353.57. The lowest was 15.00. And the median was 29.00.

ATH:PPA's Cyclically Adjusted Price-to-FCF is ranked worse than
52.25% of 423 companies
in the Transportation industry
Industry Median: 18.45 vs ATH:PPA: 19.14

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.

Piraeus Port Authority's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €2.661. 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 €1.31 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Piraeus Port Authority Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Piraeus Port Authority'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.

Piraeus Port Authority Cyclically Adjusted Price-to-FCF Chart

Piraeus Port Authority 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 83.08 30.19 21.50 14.59 17.69

Piraeus Port Authority Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 21.50 - 14.59 - 17.69

Competitive Comparison of Piraeus Port Authority's Cyclically Adjusted Price-to-FCF

For the Marine Shipping subindustry, Piraeus Port Authority'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.


Piraeus Port Authority's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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



Piraeus Port Authority 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.

Piraeus Port Authority's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=25.40/1.31
=19.39

* 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.

Piraeus Port Authority's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Piraeus Port Authority's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=2.661/116.4647*116.4647
=2.661

Current CPI (Dec23) = 116.4647.

Piraeus Port Authority Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.625 100.254 0.726
201512 0.510 100.087 0.593
201612 -0.302 100.110 -0.351
201712 1.051 100.762 1.215
201812 1.193 101.330 1.371
201912 1.696 102.120 1.934
202012 0.870 99.751 1.016
202112 1.273 104.853 1.414
202212 2.449 112.428 2.537
202312 2.661 116.465 2.661

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.


Piraeus Port Authority  (ATH:PPA) 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.


Piraeus Port Authority Cyclically Adjusted Price-to-FCF Related Terms

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


Piraeus Port Authority (ATH:PPA) Business Description

Traded in Other Exchanges
Address
10 Akti Miaouli street, Piraeus, GRC, 18538
Piraeus Port Authority SA is engaged in the management and operation of Piraeus port. The main activities of the company are anchoring services of vessels, handling cargo, loading and unloading services as well as goods storage and car transportation. The company is also responsible for the maintenance of port facilities, the supply of port services (water, electricity, telephone connection, and supply), for services provided to travelers (coastal and cruise ships), and for renting space to third parties. Business operating segments include Container Terminal, Car Terminal, Coasting, Cruise, Ship repairing, and Other segments which include water supply, space management, and merchandise management. Substantial revenue is derived from the Container Terminal segment.

Piraeus Port Authority (ATH:PPA) Headlines