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Hexagon Composites ASA (Hexagon Composites ASA) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is Hexagon Composites ASA Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hexagon Composites ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hexagon Composites ASA'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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Hexagon Composites ASA Cyclically Adjusted Price-to-FCF Chart

Hexagon Composites ASA 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 25.34 39.17 42.85 136.22 -

Hexagon Composites ASA 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 4,088.94 - - - -

Competitive Comparison of Hexagon Composites ASA's Cyclically Adjusted Price-to-FCF

For the Packaging & Containers subindustry, Hexagon Composites ASA'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.


Hexagon Composites ASA's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Hexagon Composites ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Hexagon Composites ASA 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.

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

For example, Hexagon Composites ASA'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)
=-0.072/132.6000*132.6000
=-0.072

Current CPI (Mar. 2024) = 132.6000.

Hexagon Composites ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.218 97.500 0.296
201409 -0.018 98.500 -0.024
201412 0.150 98.600 0.202
201503 -0.051 99.200 -0.068
201506 0.019 100.100 0.025
201509 0.031 100.600 0.041
201512 0.040 100.900 0.053
201603 0.047 102.500 0.061
201606 -0.038 103.800 -0.049
201609 0.000 104.200 0.000
201612 -0.003 104.400 -0.004
201703 -0.041 105.000 -0.052
201706 0.026 105.800 0.033
201709 0.067 105.900 0.084
201712 0.021 106.100 0.026
201803 0.049 107.300 0.061
201806 0.001 108.500 0.001
201809 -0.022 109.500 -0.027
201812 0.077 109.800 0.093
201903 -0.021 110.400 -0.025
201906 -0.015 110.600 -0.018
201909 0.054 111.100 0.064
201912 0.102 111.300 0.122
202003 -0.025 111.200 -0.030
202006 -0.004 112.100 -0.005
202009 0.014 112.900 0.016
202012 0.132 112.900 0.155
202103 -0.186 114.600 -0.215
202106 0.000 115.300 0.000
202109 -0.132 117.500 -0.149
202112 -0.139 118.900 -0.155
202203 -0.074 119.800 -0.082
202206 -0.191 122.600 -0.207
202209 -0.021 125.600 -0.022
202212 -0.046 125.900 -0.048
202303 -0.087 127.600 -0.090
202306 -0.107 130.400 -0.109
202309 0.035 129.800 0.036
202312 0.105 131.900 0.106
202403 -0.072 132.600 -0.072

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.


Hexagon Composites ASA  (OTCPK:HXGCF) 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.


Hexagon Composites ASA Cyclically Adjusted Price-to-FCF Related Terms

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Hexagon Composites ASA (Hexagon Composites ASA) Business Description

Address
Korsegata 4B, P.O. Box 836, Sentrum, Aalesund, NOR, 6002
Hexagon Composites ASA is a supplier of clean energy technology for gas storage, distribution, fuel systems, and drivetrains. Its operating segments are Hexagon Agility & CNG LDV, Hexagon Purus, Hexagon Digital Wave, and Hexagon Ragasco LPG. Hexagon Agility & CNG LDV segment offers natural gas fuel systems and delivery solutions for the mobility market. Hexagon Purus is a provider of technology needed for zero-emission mobility. The Hexagon Digital Wave segment offers cylinder testing and monitoring technology. Hexagon Ragasco LPG segment is a manufacturer of composite LPG cylinders. It operates through Europe, North America, South-East Asia, the Middle East, and Norway geographic regions.