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First Ship Lease Trust (First Ship Lease Trust) Cyclically Adjusted Price-to-FCF : (As of May. 29, 2024)


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What is First Ship Lease Trust Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


First Ship Lease Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for First Ship Lease Trust'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.

First Ship Lease Trust Cyclically Adjusted Price-to-FCF Chart

First Ship Lease Trust 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 - 0.70 0.74 0.82 -

First Ship Lease Trust Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 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 0.65 0.73 0.82 - -

Competitive Comparison of First Ship Lease Trust's Cyclically Adjusted Price-to-FCF

For the Rental & Leasing Services subindustry, First Ship Lease Trust'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.


First Ship Lease Trust's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, First Ship Lease Trust's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where First Ship Lease Trust's Cyclically Adjusted Price-to-FCF falls into.



First Ship Lease Trust 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.

First Ship Lease Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, First Ship Lease Trust'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)
=0/129.4194*129.4194
=0.000

Current CPI (Dec. 2023) = 129.4194.

First Ship Lease Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 0.013 98.790 0.017
201312 0.030 98.326 0.039
201403 0.022 99.695 0.029
201406 0.018 100.560 0.023
201409 0.023 100.428 0.030
201412 0.042 99.070 0.055
201503 0.023 99.621 0.030
201506 0.032 100.684 0.041
201509 0.036 100.392 0.046
201512 0.031 99.792 0.040
201603 0.025 100.470 0.032
201606 0.031 101.688 0.039
201609 0.024 101.861 0.030
201612 0.025 101.863 0.032
201703 0.025 102.862 0.031
201706 0.021 103.349 0.026
201709 0.014 104.136 0.017
201712 0.015 104.011 0.019
201803 0.019 105.290 0.023
201806 0.008 106.317 0.010
201809 0.011 106.507 0.013
201812 0.018 105.998 0.022
201903 -0.001 107.251 -0.001
201906 0.011 108.070 0.013
201909 0.006 108.329 0.007
201912 0.000 108.420 0.000
202003 0.006 108.902 0.007
202006 0.001 108.767 0.001
202009 0.000 109.815 0.000
202012 0.000 109.897 0.000
202103 -0.032 111.754 -0.037
202106 0.000 114.631 0.000
202109 -0.004 115.734 -0.004
202112 0.000 117.630 0.000
202203 0.001 121.301 0.001
202206 0.002 125.017 0.002
202209 0.003 125.227 0.003
202212 0.002 125.222 0.002
202306 0.000 128.729 0.000
202312 0.000 129.419 0.000

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.


First Ship Lease Trust  (OTCPK:FSLUF) 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.


First Ship Lease Trust Cyclically Adjusted Price-to-FCF Related Terms

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First Ship Lease Trust (First Ship Lease Trust) Business Description

Traded in Other Exchanges
Address
7 Temasek Boulevard, No.12-10 Suntec Tower One, Singapore, SGP, 038987
First Ship Lease Trust or FSL is a Singapore-based firm engaged in the shipping business. The Group has one segment that is only involved in the leasing and chartering of vessels which is carried out in international waters. Bareboat Charter's lease income relates to lease income derived from operating leases which accounts for the majority of its revenues through its operations in Europe and Asia. Geographically, it operates in Asia, Europe, and North America, the majority is from North America.

First Ship Lease Trust (First Ship Lease Trust) Headlines

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