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AS Harju Elekter (OTSE:HAE1T) Cyclically Adjusted Price-to-FCF : (As of May. 31, 2024)


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What is AS Harju Elekter Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


AS Harju Elekter Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AS Harju Elekter'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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AS Harju Elekter Cyclically Adjusted Price-to-FCF Chart

AS Harju Elekter 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 73.55 76.94 226.24 - -

AS Harju Elekter 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 - - - - -

Competitive Comparison of AS Harju Elekter's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, AS Harju Elekter'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.


AS Harju Elekter's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

* The bar in red indicates where AS Harju Elekter's Cyclically Adjusted Price-to-FCF falls into.



AS Harju Elekter 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.

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

For example, AS Harju Elekter'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)
=-0.135/131.7762*131.7762
=-0.135

Current CPI (Mar. 2024) = 131.7762.

AS Harju Elekter Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.023 100.560 -0.030
201409 0.006 100.428 0.008
201412 0.101 99.070 0.134
201503 -0.068 99.621 -0.090
201506 -0.031 100.684 -0.041
201509 0.051 100.392 0.067
201512 0.270 99.792 0.357
201603 -0.007 100.470 -0.009
201606 -0.015 101.688 -0.019
201609 -0.003 101.861 -0.004
201612 0.125 101.863 0.162
201703 -0.066 102.862 -0.085
201706 -0.104 103.349 -0.133
201709 0.047 104.136 0.059
201712 0.195 104.011 0.247
201803 -0.346 105.290 -0.433
201806 -0.167 106.317 -0.207
201809 -0.139 106.507 -0.172
201812 0.167 105.998 0.208
201903 -0.076 107.251 -0.093
201906 -0.155 108.070 -0.189
201909 0.173 108.329 0.210
201912 0.148 108.420 0.180
202003 0.124 108.902 0.150
202006 0.013 108.767 0.016
202009 0.073 109.815 0.088
202012 -0.090 109.897 -0.108
202103 -0.019 111.754 -0.022
202106 -0.167 114.631 -0.192
202109 -0.076 115.734 -0.087
202112 -0.074 117.630 -0.083
202203 -0.301 121.301 -0.327
202206 0.126 125.017 0.133
202209 -0.064 125.227 -0.067
202212 -0.090 125.222 -0.095
202303 -0.092 127.348 -0.095
202306 -0.188 128.729 -0.192
202309 0.050 129.860 0.051
202312 0.226 129.419 0.230
202403 -0.135 131.776 -0.135

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.


AS Harju Elekter  (OTSE:HAE1T) 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.


AS Harju Elekter Cyclically Adjusted Price-to-FCF Related Terms

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AS Harju Elekter (OTSE:HAE1T) Business Description

Traded in Other Exchanges
Address
Paldiski maantee 31, Keila, EST, 76606
AS Harju Elekter is an Estonia-based company engaged in the production of electrical equipment. The company operates in two segments including Production and Real estate. The Production segment includes factories producing power distribution and control equipment in Estonia, Finland, Sweden, and Lithuania. The core production of factories consists of equipment for the distribution of medium and low-voltage electricity, various electrical power switching and conversion devices, and automation and control centers for use by the energy, industrial, and maritime sectors, and infrastructure objects. The Real estate segment includes the development, project management, leasing, and other related services of industrial real estate for leasing partners and the group's companies.

AS Harju Elekter (OTSE:HAE1T) Headlines

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