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Fulcrum Utility Services (LSE:FCRM) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Fulcrum Utility Services Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fulcrum Utility Services Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fulcrum Utility Services'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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Fulcrum Utility Services Cyclically Adjusted Price-to-FCF Chart

Fulcrum Utility Services Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Fulcrum Utility Services Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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Competitive Comparison of Fulcrum Utility Services's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Fulcrum Utility Services'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.


Fulcrum Utility Services's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fulcrum Utility Services's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Fulcrum Utility Services's Cyclically Adjusted Price-to-FCF falls into.



Fulcrum Utility Services 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.

Fulcrum Utility Services's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Fulcrum Utility Services's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=-0.04/126.8000*126.8000
=-0.040

Current CPI (Mar23) = 126.8000.

Fulcrum Utility Services Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.006 99.300 -0.008
201503 0.004 99.600 0.005
201603 0.020 100.400 0.025
201703 0.028 102.700 0.035
201803 0.002 105.100 0.002
201903 -0.002 107.000 -0.002
202003 -0.044 108.600 -0.051
202103 -0.045 109.700 -0.052
202203 -0.051 116.500 -0.056
202303 -0.040 126.800 -0.040

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.


Fulcrum Utility Services  (LSE:FCRM) 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.


Fulcrum Utility Services Cyclically Adjusted Price-to-FCF Related Terms

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Fulcrum Utility Services (LSE:FCRM) Business Description

Traded in Other Exchanges
N/A
Address
2 Europa View, Sheffield Business Park, Sheffield, South Yorkshire, GBR, S9 1XH
Fulcrum Utility Services Ltd is an independent multi-utility infrastructure and services provider. The principal activities are the provision of unregulated utility connections and independent gas transportation services in the United Kingdom. The company designs and project manages utility connections for customers seeking either new connections or the alteration or refurbishment of existing connections ranging from single-site alterations to multi-utility and multi-site new connections. It has two operating segments namely Infrastructure: Design and Build and Utility assets: Own and Operate. The company generates maximum revenue from Infrastructure: Design and Build segment. Geographically, it derives revenue from the United Kingdom.

Fulcrum Utility Services (LSE:FCRM) Headlines

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