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Kelso Technologies (TSX:KLS) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Kelso Technologies Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kelso Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kelso Technologies'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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Kelso Technologies Cyclically Adjusted Price-to-FCF Chart

Kelso Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Kelso Technologies 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 Kelso Technologies's Cyclically Adjusted Price-to-FCF

For the Railroads subindustry, Kelso Technologies'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.


Kelso Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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



Kelso Technologies 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.

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

For example, Kelso Technologies'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)
=-0.008/126.2576*126.2576
=-0.008

Current CPI (Mar. 2024) = 126.2576.

Kelso Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.062 99.473 -0.079
201409 0.050 99.394 0.064
201412 0.006 98.367 0.008
201503 -0.058 99.789 -0.073
201506 -0.050 100.500 -0.063
201509 0.007 100.421 0.009
201512 -0.030 99.947 -0.038
201603 0.000 101.054 0.000
201606 -0.011 102.002 -0.014
201609 -0.014 101.765 -0.017
201612 -0.008 101.449 -0.010
201703 -0.035 102.634 -0.043
201706 0.001 103.029 0.001
201709 0.006 103.345 0.007
201712 -0.024 103.345 -0.029
201803 0.002 105.004 0.002
201806 -0.011 105.557 -0.013
201809 0.008 105.636 0.010
201812 0.034 105.399 0.041
201903 -0.012 106.979 -0.014
201906 0.003 107.690 0.004
201909 0.023 107.611 0.027
201912 0.086 107.769 0.101
202003 0.004 107.927 0.005
202006 -0.032 108.401 -0.037
202009 -0.027 108.164 -0.032
202012 -0.034 108.559 -0.040
202103 -0.026 110.298 -0.030
202106 -0.014 111.720 -0.016
202109 -0.017 112.905 -0.019
202112 0.004 113.774 0.004
202203 -0.015 117.646 -0.016
202206 -0.009 120.806 -0.009
202209 0.012 120.648 0.013
202212 -0.001 120.964 -0.001
202303 -0.002 122.702 -0.002
202306 -0.020 124.203 -0.020
202309 0.003 125.230 0.003
202312 -0.008 125.072 -0.008
202403 -0.008 126.258 -0.008

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.


Kelso Technologies  (TSX:KLS) 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.


Kelso Technologies Cyclically Adjusted Price-to-FCF Related Terms

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Kelso Technologies (TSX:KLS) Business Description

Traded in Other Exchanges
Address
13966, 18B Avenue, Surrey, BC, CAN, V4A 8J1
Kelso Technologies Inc is a railway equipment supplier that produces and sells tank car service equipment used for the safe loading, unloading, and containment of hazardous materials during transport. The firm designs, engineers, markets, produces, and distributes various pressure relief valves and manway securement systems designed to reduce the risk of environmental harm due to non-accidental events in the transportation of hazardous commodities via railroad tank cars.
Executives
James Richard Bond Director, Senior Officer

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