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AAC Clyde Space AB (FRA:MKC0) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is AAC Clyde Space AB Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


AAC Clyde Space AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AAC Clyde Space AB'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.

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AAC Clyde Space AB Cyclically Adjusted Price-to-FCF Chart

AAC Clyde Space AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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AAC Clyde Space AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of AAC Clyde Space AB's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, AAC Clyde Space AB'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.


AAC Clyde Space AB's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AAC Clyde Space AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where AAC Clyde Space AB's Cyclically Adjusted Price-to-FCF falls into.



AAC Clyde Space AB 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.

AAC Clyde Space AB's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, AAC Clyde Space AB's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.862/131.9118*131.9118
=-0.862

Current CPI (Dec23) = 131.9118.

AAC Clyde Space AB Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -1.937 100.225 -2.549
201512 -391.600 100.276 -515.146
201612 -15.968 102.022 -20.646
201712 -3.902 103.793 -4.959
201812 -3.683 105.912 -4.587
201912 -1.635 107.766 -2.001
202012 -1.556 108.296 -1.895
202112 -1.676 112.486 -1.965
202212 -0.796 126.365 -0.831
202312 -0.862 131.912 -0.862

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.


AAC Clyde Space AB  (FRA:MKC0) 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.


AAC Clyde Space AB Cyclically Adjusted Price-to-FCF Related Terms

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AAC Clyde Space AB (FRA:MKC0) Business Description

Traded in Other Exchanges
Address
Dag Hammarskjolds vag 48, Uppsala Science Park, Uppsala, SWE, SE-751 83
AAC Clyde Space AB is engaged in advanced nanosatellite spacecraft, mission services, and reliable subsystems. The group has six reportable segments: AAC Clyde Space (Swedish operation); Clyde Space (Scottish operation); Hyperion Space (Netherland operation); SpaceQuest, operations in the US; Omnisys Instruments, operations in Gothenburg, Sweden; and AAC Space Africa, operations in South Africa. Its geographical segments are Sweden, the United Kingdom, the Rest of Europe, the United States, Asia, and the Rest of the world.

AAC Clyde Space AB (FRA:MKC0) Headlines

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