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Altus (WAR:ALI) Cyclically Adjusted Price-to-FCF : 0.06 (As of Jun. 13, 2024)


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What is Altus Cyclically Adjusted Price-to-FCF?

As of today (2024-06-13), Altus's current share price is zł3.10. Altus's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was zł55.11. Altus's Cyclically Adjusted Price-to-FCF for today is 0.06.

The historical rank and industry rank for Altus's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

WAR:ALI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.03   Med: 0.05   Max: 0.07
Current: 0.06

During the past years, Altus's highest Cyclically Adjusted Price-to-FCF was 0.07. The lowest was 0.03. And the median was 0.05.

WAR:ALI's Cyclically Adjusted Price-to-FCF is ranked better than
99.8% of 504 companies
in the Asset Management industry
Industry Median: 19.72 vs WAR:ALI: 0.06

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Altus's adjusted free cash flow per share data for the three months ended in Mar. 2024 was zł0.071. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is zł55.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altus Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Altus'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.

Altus Cyclically Adjusted Price-to-FCF Chart

Altus Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Altus Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - 0.03 0.07

Competitive Comparison of Altus's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Altus'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.


Altus's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Altus's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Altus 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.

Altus's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.10/55.11
=0.06

* 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.

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

For example, Altus'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)
=0.071/149.0435*149.0435
=0.071

Current CPI (Mar. 2024) = 149.0435.

Altus Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 361.273 101.262 531.745
201406 6.828 101.180 10.058
201409 0.305 100.611 0.452
201412 0.107 100.122 0.159
201503 -0.826 100.041 -1.231
201506 0.640 100.448 0.950
201509 0.168 99.634 0.251
201512 0.297 99.471 0.445
201603 0.539 98.983 0.812
201606 0.327 99.552 0.490
201609 0.276 99.064 0.415
201612 0.345 100.366 0.512
201703 0.195 101.018 0.288
201706 0.482 101.180 0.710
201709 0.477 101.343 0.702
201712 0.533 102.564 0.775
201803 0.498 102.564 0.724
201806 0.382 103.378 0.551
201809 0.312 103.378 0.450
201812 -0.001 103.785 -0.001
201903 0.089 104.274 0.127
201906 0.274 105.983 0.385
201909 0.009 105.983 0.013
201912 -0.004 107.123 -0.006
202003 0.007 109.076 0.010
202006 -0.128 109.402 -0.174
202009 -0.264 109.320 -0.360
202012 0.056 109.565 0.076
202103 0.023 112.658 0.030
202106 -0.016 113.960 -0.021
202109 -0.002 115.588 -0.003
202112 0.197 119.088 0.247
202203 0.053 125.031 0.063
202206 0.065 131.705 0.074
202209 0.040 135.531 0.044
202212 -0.051 139.113 -0.055
202303 -0.010 145.950 -0.010
202306 0.068 147.009 0.069
202309 1.281 146.113 1.307
202403 0.071 149.044 0.071

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.


Altus  (WAR:ALI) 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.


Altus Cyclically Adjusted Price-to-FCF Related Terms

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


Altus (WAR:ALI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
ul. Pankiewicza 3, Warszawa, POL, 00-696
Altus SA is a fund management company. Its principal activities are the creation and management of investment funds, including brokerage in sales and redemption of share units and management of portfolios. In addition, it also provides investment advice and acts as a representative of foreign funds. The product portfolio of the company includes open-end investment funds and closed-end investment funds.

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