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Advanced Enzyme Technologies (BOM:540025) Cyclically Adjusted Price-to-FCF : 36.14 (As of May. 25, 2024)


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What is Advanced Enzyme Technologies Cyclically Adjusted Price-to-FCF?

As of today (2024-05-25), Advanced Enzyme Technologies's current share price is ₹372.95. Advanced Enzyme Technologies's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was ₹10.32. Advanced Enzyme Technologies's Cyclically Adjusted Price-to-FCF for today is 36.14.

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

BOM:540025' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.44   Med: 34.29   Max: 80.66
Current: 36.13

During the past 13 years, Advanced Enzyme Technologies's highest Cyclically Adjusted Price-to-FCF was 80.66. The lowest was 22.44. And the median was 34.29.

BOM:540025's Cyclically Adjusted Price-to-FCF is ranked worse than
61.92% of 562 companies
in the Chemicals industry
Industry Median: 24.7 vs BOM:540025: 36.13

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.

Advanced Enzyme Technologies's adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was ₹9.138. 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 ₹10.32 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Advanced Enzyme Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Advanced Enzyme Technologies'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.

Advanced Enzyme Technologies Cyclically Adjusted Price-to-FCF Chart

Advanced Enzyme Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 35.51 57.95 31.12 22.43

Advanced Enzyme Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - 22.43 - - -

Competitive Comparison of Advanced Enzyme Technologies's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Advanced Enzyme Technologies'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.


Advanced Enzyme Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Advanced Enzyme Technologies's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Advanced Enzyme Technologies 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.

Advanced Enzyme Technologies's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=372.95/10.32
=36.14

* 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.

Advanced Enzyme Technologies's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Advanced Enzyme Technologies's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=9.138/146.8646*146.8646
=9.138

Current CPI (Mar23) = 146.8646.

Advanced Enzyme Technologies Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 4.224 91.425 6.785
201503 3.778 97.163 5.711
201603 8.080 102.518 11.575
201703 8.627 105.196 12.044
201803 9.405 109.786 12.581
201903 10.399 118.202 12.921
202003 8.072 124.705 9.506
202103 12.817 131.771 14.285
202203 8.413 138.822 8.900
202303 9.138 146.865 9.138

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.


Advanced Enzyme Technologies  (BOM:540025) 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.


Advanced Enzyme Technologies Cyclically Adjusted Price-to-FCF Related Terms

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


Advanced Enzyme Technologies (BOM:540025) Business Description

Traded in Other Exchanges
Address
Near LIC Service Road, Sun Magnetica, A Wing, 5th Floor, Louiswadi, Thane (West), Thane, MH, IND, 400604
Advanced Enzyme Technologies Ltd is an Indian company engaged in research activities to manufacture and sell enzymes. The Company operates only in one business segment viz. manufacturing and sales of enzymes. The company offers enzymes for human healthcare and nutrition, animal nutrition, food processing, and non-food processing. Some of the products offered by the company are serratiopeptidase, fungal lipase, papain, hemicellulose, and digegrain, among others. Geographically, the entity operates in India, Europe, the USA, Asia, and other countries, of which a majority of the revenue is derived from India.

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