GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Glaston Oyj (LTS:0IG1) » Definitions » Cyclically Adjusted Price-to-FCF

Glaston Oyj (LTS:0IG1) Cyclically Adjusted Price-to-FCF : (As of May. 10, 2024)


View and export this data going back to . Start your Free Trial

What is Glaston Oyj 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


Glaston Oyj Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Glaston Oyj'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.

Glaston Oyj Cyclically Adjusted Price-to-FCF Chart

Glaston Oyj 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 75.69 9.74 10.38 6.68 5.44

Glaston Oyj 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 7.87 7.35 6.04 5.44 6.75

Competitive Comparison of Glaston Oyj's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Glaston Oyj'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.


Glaston Oyj's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Glaston Oyj's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Glaston Oyj 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.

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

For example, Glaston Oyj'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)
=-0.033/121.2200*121.2200
=-0.033

Current CPI (Mar. 2024) = 121.2200.

Glaston Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.006 100.147 -0.007
201409 0.008 100.726 0.010
201412 0.065 100.229 0.079
201503 -0.012 100.120 -0.015
201506 -0.009 100.030 -0.011
201509 0.008 100.130 0.010
201512 0.002 99.990 0.002
201603 -0.007 100.080 -0.008
201606 0.008 100.390 0.010
201609 0.019 100.540 0.023
201612 0.039 101.020 0.047
201703 -0.017 100.910 -0.020
201706 -0.010 101.140 -0.012
201709 -0.005 101.320 -0.006
201712 0.033 101.510 0.039
201803 -0.030 101.730 -0.036
201806 0.009 102.320 0.011
201809 -0.003 102.600 -0.004
201812 0.021 102.710 0.025
201903 0.008 102.870 0.009
201906 -0.025 103.360 -0.029
201909 0.026 103.540 0.030
201912 0.039 103.650 0.046
202003 -0.014 103.490 -0.016
202006 -0.001 103.320 -0.001
202009 0.003 103.710 0.004
202012 0.017 103.890 0.020
202103 0.029 104.870 0.034
202106 0.034 105.360 0.039
202109 -0.002 106.290 -0.002
202112 0.024 107.490 0.027
202203 -0.029 110.950 -0.032
202206 0.020 113.570 0.021
202209 0.017 114.920 0.018
202212 0.039 117.320 0.040
202303 -0.002 119.750 -0.002
202306 0.001 120.690 0.001
202309 0.004 121.280 0.004
202312 0.058 121.220 0.058
202403 -0.033 121.220 -0.033

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.


Glaston Oyj  (LTS:0IG1) 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.


Glaston Oyj Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Glaston Oyj's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Glaston Oyj (LTS:0IG1) Business Description

Industry
Traded in Other Exchanges
Address
Lonnrotinkatu 11, Helsinki, FIN, 00120
Glaston Oyj is a company engaged in developing and selling glass processing machinery. Its business includes a wide and technologically advanced range of heat treatment machines, maintenance, upgrade and modernization services, and spare parts for glass flat tempering, bending, bending tempering and laminating. It also offers digital services, such as glass processing machine remote monitoring and fault analysis services, and consulting and engineering services. The company provides solutions to various industries including Architectural, Appliances, Automotive, and Solar. The business operates in three segments; Heat Treatment, Insulating Glass and Automotive and Display. The Insulating Glass segment generates the majority of its revenue.

Glaston Oyj (LTS:0IG1) Headlines

No Headlines