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American Pacific (FRA:ACQ) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is American Pacific Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Pacific Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for American Pacific'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.

American Pacific Cyclically Adjusted Price-to-FCF Chart

American Pacific Annual Data
Trend Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13
Cyclically Adjusted Price-to-FCF
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American Pacific Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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Competitive Comparison of American Pacific's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, American Pacific'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.


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

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

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



American Pacific 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.

American Pacific's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2013 is calculated as:

For example, American Pacific's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2013 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2013 (Change)*Current CPI (Sep. 2013)
=0.095/98.7900*98.7900
=0.095

Current CPI (Sep. 2013) = 98.7900.

American Pacific Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200312 0.000 77.758 0.000
200403 0.000 79.066 0.000
200406 0.000 80.037 0.000
200409 0.000 80.121 0.000
200412 0.000 80.290 0.000
200503 1.100 81.555 1.332
200506 -0.858 82.062 -1.033
200509 1.836 83.876 2.162
200512 -0.945 83.032 -1.124
200603 -0.444 84.298 -0.520
200606 -0.029 85.606 -0.033
200609 0.734 85.606 0.847
200612 -0.561 85.142 -0.651
200703 0.982 86.640 1.120
200706 1.212 87.906 1.362
200709 -0.023 87.964 -0.026
200712 1.574 88.616 1.755
200803 -0.953 90.090 -1.045
200806 0.458 92.320 0.490
200809 -0.579 92.307 -0.620
200812 0.521 88.697 0.580
200903 0.483 89.744 0.532
200906 -0.460 91.003 -0.499
200909 -0.315 91.120 -0.342
200912 1.599 91.111 1.734
201003 -0.587 91.821 -0.632
201006 0.504 91.962 0.541
201009 -0.671 92.162 -0.719
201012 0.680 92.474 0.726
201103 0.171 94.283 0.179
201106 -0.644 95.235 -0.668
201109 0.700 95.727 0.722
201112 -1.229 95.213 -1.275
201203 0.314 96.783 0.321
201206 1.897 96.819 1.936
201209 -0.622 97.633 -0.629
201212 -0.506 96.871 -0.516
201303 0.765 98.209 0.770
201306 3.187 98.518 3.196
201309 0.095 98.790 0.095

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.


American Pacific  (FRA:ACQ) 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.


American Pacific Cyclically Adjusted Price-to-FCF Related Terms

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American Pacific (FRA:ACQ) Business Description

Traded in Other Exchanges
N/A
Address
American Pacific Corporation was incorporated in Delaware in December 1980. The Company is a custom manufacturer of fine chemicals, specialty chemicals and propulsion products. It supplies active pharmaceutical ingredients and registered intermediates to the pharmaceutical industry. The pharmaceutical ingredients it manufacture are used by its customers in drugs with indications in three primary areas: anti-viral, oncology, and central nervous system. Its customers include pharmaceutical and biotechnology companies, as well as emerging pharmaceutical companies. Its continuing operations comprise three reportable business segments: Fine Chemicals, Specialty Chemicals, and Other Businesses. The Fine Chemicals segment is operated through its wholly-owned subsidiaries Ampac Fine Chemicals LLC and AMPAC Fine Chemicals Texas, LLC. Specialty Chemicals segment is principally engaged in the production of perchlorates, which include several grades of ammonium perchlorate, sodium perchlorate and potassium perchlorate. In addition, it produce and sell sodium azide, a chemical primarily used in pharmaceutical manufacturing, and Halotron, a series of clean fire extinguishing agents used in fire extinguishing products ranging from portable fire extinguishers to total flooding systems. For the aerospace and defense industry, it provides specialty chemicals used in solid rocket motors for space launch and military missiles. Other Businesses segment contains its water treatment equipment division and real estate activities PEPCON Systems, an operating division of the Company, is a manufacturer and supplier of On-Site Hypochlorite Generation systems.The Company design, manufacture and service equipment used to purify water or air in municipal, industrial and power generation applications. The systems are marketed under the ChlorMaster and Odormaster names. The main competing product to Halotron I is FE36 manufactured by DuPont. The Company's operations are subject to extensive federal, state and local regulations governing, among other things, emissions to air, discharges to water and waste management.

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