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Pollard Banknote (FRA:67L) Cyclically Adjusted Price-to-FCF : 42.00 (As of Jun. 08, 2024)


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What is Pollard Banknote Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Pollard Banknote's current share price is €21.00. Pollard Banknote's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.50. Pollard Banknote's Cyclically Adjusted Price-to-FCF for today is 42.00.

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

FRA:67L' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.9   Med: 38.7   Max: 127.35
Current: 41.88

During the past years, Pollard Banknote's highest Cyclically Adjusted Price-to-FCF was 127.35. The lowest was 8.90. And the median was 38.70.

FRA:67L's Cyclically Adjusted Price-to-FCF is ranked worse than
73.85% of 348 companies
in the Travel & Leisure industry
Industry Median: 21.65 vs FRA:67L: 41.88

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.

Pollard Banknote's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.366. 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 €0.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pollard Banknote Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pollard Banknote'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.

Pollard Banknote Cyclically Adjusted Price-to-FCF Chart

Pollard Banknote 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 67.21 81.46 79.72 31.95 46.13

Pollard Banknote Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 38.39 39.62 37.43 46.13 47.45

Competitive Comparison of Pollard Banknote's Cyclically Adjusted Price-to-FCF

For the Gambling subindustry, Pollard Banknote'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.


Pollard Banknote's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Pollard Banknote's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Pollard Banknote 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=21.00/0.5
=42.00

* 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.

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

For example, Pollard Banknote'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)
=0.366/126.2576*126.2576
=0.366

Current CPI (Mar. 2024) = 126.2576.

Pollard Banknote Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.085 99.473 -0.108
201409 0.056 99.394 0.071
201412 0.026 98.367 0.033
201503 0.021 99.789 0.027
201506 0.011 100.500 0.014
201509 -0.015 100.421 -0.019
201512 0.088 99.947 0.111
201603 -0.034 101.054 -0.042
201606 0.085 102.002 0.105
201609 0.007 101.765 0.009
201612 0.109 101.449 0.136
201703 0.337 102.634 0.415
201706 0.103 103.029 0.126
201709 -0.034 103.345 -0.042
201712 0.147 103.345 0.180
201803 0.388 105.004 0.467
201806 -0.068 105.557 -0.081
201809 0.060 105.636 0.072
201812 0.057 105.399 0.068
201903 0.002 106.979 0.002
201906 -0.207 107.690 -0.243
201909 0.139 107.611 0.163
201912 0.164 107.769 0.192
202003 0.555 107.927 0.649
202006 0.171 108.401 0.199
202009 0.356 108.164 0.416
202012 -0.069 108.559 -0.080
202103 0.215 110.298 0.246
202106 0.157 111.720 0.177
202109 0.214 112.905 0.239
202112 -0.046 113.774 -0.051
202203 0.289 117.646 0.310
202206 -0.228 120.806 -0.238
202209 0.052 120.648 0.054
202212 0.423 120.964 0.442
202303 0.165 122.702 0.170
202306 0.203 124.203 0.206
202309 0.014 125.230 0.014
202312 0.283 125.072 0.286
202403 0.366 126.258 0.366

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.


Pollard Banknote  (FRA:67L) 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.


Pollard Banknote Cyclically Adjusted Price-to-FCF Related Terms

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


Pollard Banknote (FRA:67L) Business Description

Traded in Other Exchanges
Address
140 Otter Street, Winnipeg, MB, CAN, R3T 0M8
Pollard Banknote Ltd is principally engaged in the manufacturing, development, and sale of lottery and charitable gaming products throughout the world. Its operating segments are Lotteries, charitable gaming, Retail and eGaming systems. The company has its geographic presence in Canada, United States and International. It generates majority of the revenue from United States .

Pollard Banknote (FRA:67L) Headlines

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