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Bolsas Y Mercados Espanoles SHMSF (Bolsas Y Mercados Espanoles SHMSF) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is Bolsas Y Mercados Espanoles SHMSF Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bolsas Y Mercados Espanoles SHMSF Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bolsas Y Mercados Espanoles SHMSF'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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Bolsas Y Mercados Espanoles SHMSF Cyclically Adjusted Price-to-FCF Chart

Bolsas Y Mercados Espanoles SHMSF Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted Price-to-FCF
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Bolsas Y Mercados Espanoles SHMSF Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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Competitive Comparison of Bolsas Y Mercados Espanoles SHMSF's Cyclically Adjusted Price-to-FCF

For the Financial Data & Stock Exchanges subindustry, Bolsas Y Mercados Espanoles SHMSF'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.


Bolsas Y Mercados Espanoles SHMSF's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bolsas Y Mercados Espanoles SHMSF's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Bolsas Y Mercados Espanoles SHMSF's Cyclically Adjusted Price-to-FCF falls into.



Bolsas Y Mercados Espanoles SHMSF 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.

Bolsas Y Mercados Espanoles SHMSF's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2020 is calculated as:

For example, Bolsas Y Mercados Espanoles SHMSF's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2020 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2020 (Change)*Current CPI (Jun. 2020)
=0.475/104.2543*104.2543
=0.475

Current CPI (Jun. 2020) = 104.2543.

Bolsas Y Mercados Espanoles SHMSF Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201009 0.439 93.993 0.487
201012 0.374 95.953 0.406
201103 1.014 96.085 1.100
201106 0.686 97.111 0.736
201109 0.635 96.946 0.683
201112 0.114 98.235 0.121
201203 0.822 97.909 0.875
201206 0.602 98.952 0.634
201209 0.571 100.254 0.594
201212 -0.008 101.052 -0.008
201303 0.751 100.284 0.781
201306 0.662 100.994 0.683
201309 0.638 100.597 0.661
201312 0.179 101.306 0.184
201403 0.987 100.139 1.028
201406 0.573 101.081 0.591
201409 0.699 100.441 0.726
201412 0.242 100.251 0.252
201503 0.813 99.474 0.852
201506 0.567 101.138 0.584
201509 0.616 99.559 0.645
201512 0.448 100.268 0.466
201603 0.399 98.638 0.422
201606 0.520 100.333 0.540
201609 0.623 99.737 0.651
201612 0.196 101.842 0.201
201703 0.716 100.896 0.740
201706 0.537 101.848 0.550
201709 0.566 101.524 0.581
201712 0.237 102.975 0.240
201803 0.777 102.122 0.793
201806 0.396 104.165 0.396
201809 0.488 103.818 0.490
201812 0.205 104.193 0.205
201903 0.561 103.488 0.565
201906 0.421 104.612 0.420
201909 0.389 103.905 0.390
201912 0.124 105.015 0.123
202003 0.552 103.469 0.556
202006 0.475 104.254 0.475

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.


Bolsas Y Mercados Espanoles SHMSF  (GREY:SOHMF) 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.


Bolsas Y Mercados Espanoles SHMSF Cyclically Adjusted Price-to-FCF Related Terms

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Bolsas Y Mercados Espanoles SHMSF (Bolsas Y Mercados Espanoles SHMSF) Business Description

Traded in Other Exchanges
N/A
Address
Palacio de la Bolsa, Plaza de la Lealtad 1, Madrid, ESP, 28014
Bolsas Y Mercados Espanoles SHMSF SA is a financial market and securities exchange operator based in Spain but with global exposure. Most investors on the Bolsa are non-Spanish as more than three quarters of trading is due to nonresident buyers or sellers. The company is organized into six business units, including equities, fixed income, derivatives, clearing, settlement, and market data and value-added services. Like most exchanges, the company relies heavily on technology in carrying out its business model and also provides central counterparty services. The company's revenue is heaving contingent on trading volumes.

Bolsas Y Mercados Espanoles SHMSF (Bolsas Y Mercados Espanoles SHMSF) Headlines

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