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Algoma Central (TSX:ALC) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Algoma Central Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Algoma Central Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Algoma Central'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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Algoma Central Cyclically Adjusted Price-to-FCF Chart

Algoma Central Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Algoma Central Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Algoma Central's Cyclically Adjusted Price-to-FCF

For the Marine Shipping subindustry, Algoma Central'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.


Algoma Central's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Algoma Central's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Algoma Central 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.

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

For example, Algoma Central'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)
=-1.842/126.2576*126.2576
=-1.842

Current CPI (Mar. 2024) = 126.2576.

Algoma Central Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.330 99.473 -0.419
201409 1.208 99.394 1.534
201412 0.868 98.367 1.114
201503 -0.499 99.789 -0.631
201506 -0.809 100.500 -1.016
201509 -0.062 100.421 -0.078
201512 0.031 99.947 0.039
201603 -3.315 101.054 -4.142
201606 -1.151 102.002 -1.425
201609 0.980 101.765 1.216
201612 -0.173 101.449 -0.215
201703 -1.646 102.634 -2.025
201706 -0.271 103.029 -0.332
201709 -0.371 103.345 -0.453
201712 0.041 103.345 0.050
201803 -0.408 105.004 -0.491
201806 0.110 105.557 0.132
201809 0.608 105.636 0.727
201812 -0.195 105.399 -0.234
201903 -1.395 106.979 -1.646
201906 -2.519 107.690 -2.953
201909 0.835 107.611 0.980
201912 1.476 107.769 1.729
202003 -0.237 107.927 -0.277
202006 0.409 108.401 0.476
202009 0.244 108.164 0.285
202012 1.527 108.559 1.776
202103 -0.154 110.298 -0.176
202106 -0.220 111.720 -0.249
202109 1.658 112.905 1.854
202112 1.523 113.774 1.690
202203 -0.409 117.646 -0.439
202206 0.300 120.806 0.314
202209 0.898 120.648 0.940
202212 0.659 120.964 0.688
202303 -0.855 122.702 -0.880
202306 0.280 124.203 0.285
202309 0.419 125.230 0.422
202312 0.272 125.072 0.275
202403 -1.842 126.258 -1.842

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.


Algoma Central  (TSX:ALC) 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.


Algoma Central Cyclically Adjusted Price-to-FCF Related Terms

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Algoma Central (TSX:ALC) Business Description

Industry
Traded in Other Exchanges
Address
63 Church Street, Suite 600, St. Catharines, ON, CAN, L2R 3C4
Algoma Central Corp owns and operates a fleet of dry and liquid bulk carriers operating on the Great Lakes, St. Lawrence Waterway. The company's Canadian flag fleet consists of self-unloading dry-bulk carriers, gearless dry-bulk carriers, and product tankers. The company operates its business through six segments that are Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Corporate, Investment Properties, and Global Short Sea Shipping. The company earns revenues from marine operations through contracts of affreightment, time charters, and pool revenue.
Executives
Mats Henrik Berglund Director