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Sao Martinho (BSP:SMTO3) Cyclically Adjusted Price-to-FCF : 14.16 (As of Jun. 05, 2024)


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What is Sao Martinho Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), Sao Martinho's current share price is R$26.63. Sao Martinho's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$1.88. Sao Martinho's Cyclically Adjusted Price-to-FCF for today is 14.16.

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

BSP:SMTO3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.72   Med: 54.11   Max: 289.29
Current: 14.39

During the past years, Sao Martinho's highest Cyclically Adjusted Price-to-FCF was 289.29. The lowest was 13.72. And the median was 54.11.

BSP:SMTO3's Cyclically Adjusted Price-to-FCF is ranked better than
69.44% of 576 companies
in the Chemicals industry
Industry Median: 24.74 vs BSP:SMTO3: 14.39

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.

Sao Martinho's adjusted free cash flow per share data for the three months ended in Dec. 2023 was R$-0.652. 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 R$1.88 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sao Martinho Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sao Martinho'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.

Sao Martinho Cyclically Adjusted Price-to-FCF Chart

Sao Martinho 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 88.55 42.77 50.23 32.34 13.70

Sao Martinho 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 18.56 13.70 17.31 20.92 15.56

Competitive Comparison of Sao Martinho's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Sao Martinho'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.


Sao Martinho's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

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

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



Sao Martinho 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.

Sao Martinho's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=26.63/1.88
=14.16

* 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.

Sao Martinho's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Sao Martinho's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.652/157.1481*157.1481
=-0.652

Current CPI (Dec. 2023) = 157.1481.

Sao Martinho Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.051 90.447 -0.089
201406 -0.102 91.838 -0.175
201409 -0.215 92.602 -0.365
201412 -0.449 94.194 -0.749
201503 1.172 97.799 1.883
201506 -0.499 100.006 -0.784
201509 0.087 101.392 0.135
201512 -0.256 104.247 -0.386
201603 0.728 106.979 1.069
201606 -0.585 108.851 -0.845
201609 -0.060 109.986 -0.086
201612 -0.285 110.802 -0.404
201703 1.160 111.869 1.630
201706 -0.213 112.115 -0.299
201709 -0.234 112.777 -0.326
201712 -0.252 114.068 -0.347
201803 1.733 114.868 2.371
201806 -0.108 117.038 -0.145
201809 0.478 117.881 0.637
201812 -1.297 118.340 -1.722
201903 2.130 120.124 2.787
201906 -0.273 120.977 -0.355
201909 -0.607 121.292 -0.786
201912 0.509 123.436 0.648
202003 1.781 124.092 2.255
202006 0.135 123.557 0.172
202009 0.983 125.095 1.235
202012 0.097 129.012 0.118
202103 0.993 131.660 1.185
202106 0.489 133.871 0.574
202109 -0.479 137.913 -0.546
202112 1.726 141.992 1.910
202203 4.535 146.537 4.863
202206 -0.024 149.784 -0.025
202209 -1.825 147.800 -1.940
202212 1.400 150.207 1.465
202303 5.617 153.352 5.756
202306 0.017 154.519 0.017
202309 -0.838 155.464 -0.847
202312 -0.652 157.148 -0.652

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.


Sao Martinho  (BSP:SMTO3) 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.


Sao Martinho Cyclically Adjusted Price-to-FCF Related Terms

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Sao Martinho (BSP:SMTO3) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Fazenda Sao Martinho, Pradopolis, SP, BRA, CEP 14850-000
Sao Martinho SA operates the following segments: sugar, ethanol, electricity, real estate ventures, Yeast, and other products. Sales of sugar and ethanol, both of which the company produces with sugar cane, comprise the vast majority of the company's revenue. Sao Martinho produces sugar and ethanol in its four Brazilian mills. The company derives its sugar cane mostly from its own plantations, agricultural partnerships, shareholders, and related companies. Sao Martinho exports most of its sugar, and it sells most of its ethanol domestically.

Sao Martinho (BSP:SMTO3) Headlines

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