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Polwax (FRA:1LW) Cyclically Adjusted Price-to-FCF : 2.41 (As of Jun. 08, 2024)


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What is Polwax Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Polwax's current share price is €0.41. Polwax's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.17. Polwax's Cyclically Adjusted Price-to-FCF for today is 2.41.

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

FRA:1LW' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.85   Med: 2.25   Max: 2.52
Current: 2.15

During the past years, Polwax's highest Cyclically Adjusted Price-to-FCF was 2.52. The lowest was 1.85. And the median was 2.25.

FRA:1LW's Cyclically Adjusted Price-to-FCF is ranked better than
98.09% of 576 companies
in the Chemicals industry
Industry Median: 24.635 vs FRA:1LW: 2.15

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.

Polwax's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.025. 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 €0.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Polwax Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Polwax'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.

Polwax Cyclically Adjusted Price-to-FCF Chart

Polwax 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 - - - - 2.39

Polwax Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 - - - 2.39 2.25

Competitive Comparison of Polwax's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Polwax'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.


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

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

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



Polwax 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.41/0.17
=2.41

* 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.

Polwax's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Polwax's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.025/149.0435*149.0435
=-0.025

Current CPI (Mar. 2024) = 149.0435.

Polwax Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.491 101.262 0.723
201406 -0.120 101.180 -0.177
201409 -0.169 100.611 -0.250
201412 0.168 100.122 0.250
201503 0.401 100.041 0.597
201506 -0.126 100.448 -0.187
201509 -0.158 99.634 -0.236
201512 0.096 99.471 0.144
201603 0.324 98.983 0.488
201606 -0.156 99.552 -0.234
201609 -0.292 99.064 -0.439
201612 0.278 100.366 0.413
201703 0.281 101.018 0.415
201706 -0.183 101.180 -0.270
201709 -0.230 101.343 -0.338
201712 0.256 102.564 0.372
201803 0.179 102.564 0.260
201806 -0.194 103.378 -0.280
201809 -0.278 103.378 -0.401
201812 0.306 103.785 0.439
201903 -0.038 104.274 -0.054
201906 -0.206 105.983 -0.290
201909 -0.257 105.983 -0.361
201912 1.233 107.123 1.716
202003 0.077 109.076 0.105
202006 -0.820 109.402 -1.117
202009 -0.511 109.320 -0.697
202012 0.484 109.565 0.658
202103 -0.066 112.658 -0.087
202106 -0.217 113.960 -0.284
202109 -0.151 115.588 -0.195
202112 0.477 119.088 0.597
202203 -0.264 125.031 -0.315
202206 -0.273 131.705 -0.309
202209 -0.172 135.531 -0.189
202212 0.730 139.113 0.782
202303 -0.171 145.950 -0.175
202309 0.201 146.113 0.205
202312 0.620 147.741 0.625
202403 -0.025 149.044 -0.025

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.


Polwax  (FRA:1LW) 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.


Polwax Cyclically Adjusted Price-to-FCF Related Terms

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


Polwax (FRA:1LW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Polwax SA (FRA:1LW) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
3 Maja 101, Jaslo, POL, 38-200
Polwax SA is a producer and distributor of refined and deodorized paraffin, waxes and specialty industrial paraffin compositions. The company's products are used in various industries such as fertilizer industry, investment casting, wood processing, production of varnishes and paints, rubber industry, paper and packaging industry, production of construction materials, manufacture of explosives, manufacture of candles and grave lights and food industry.

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