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Devo Energy (WAR:DEV) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


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What is Devo Energy Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Devo Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Devo Energy'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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Devo Energy Cyclically Adjusted Price-to-FCF Chart

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

For the Conglomerates subindustry, Devo Energy'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.


Devo Energy's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Devo Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Devo Energy 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.

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

For example, Devo Energy'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)
=-0/149.0435*149.0435
=0.000

Current CPI (Mar. 2024) = 149.0435.

Devo Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 101.180 0.000
201409 0.000 100.611 0.000
201412 0.000 100.122 0.000
201503 0.000 100.041 0.000
201506 0.000 100.448 0.000
201509 0.000 99.634 0.000
201512 0.000 99.471 0.000
201603 -0.001 98.983 -0.002
201606 -0.001 99.552 -0.001
201609 -0.001 99.064 -0.002
201612 -0.004 100.366 -0.006
201703 0.000 101.018 0.000
201706 -0.001 101.180 -0.001
201709 -0.003 101.343 -0.004
201712 0.006 102.564 0.009
201803 0.001 102.564 0.001
201806 -0.006 103.378 -0.009
201809 0.005 103.378 0.007
201812 0.001 103.785 0.001
201903 -0.001 104.274 -0.001
201906 0.001 105.983 0.001
201909 0.002 105.983 0.003
201912 0.004 107.123 0.006
202003 0.002 109.076 0.003
202006 -0.002 109.402 -0.003
202009 0.002 109.320 0.003
202012 -0.001 109.565 -0.001
202103 0.005 112.658 0.007
202106 -0.002 113.960 -0.003
202109 0.007 115.588 0.009
202112 -0.026 119.088 -0.033
202203 0.001 125.031 0.001
202206 -0.002 131.705 -0.002
202209 -0.001 135.531 -0.001
202212 -0.001 139.113 -0.001
202303 -0.011 145.950 -0.011
202306 0.013 147.009 0.013
202309 -0.014 146.113 -0.014
202312 -0.006 147.741 -0.006
202403 0.000 149.044 0.000

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.


Devo Energy  (WAR:DEV) 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.


Devo Energy Cyclically Adjusted Price-to-FCF Related Terms

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


Devo Energy (WAR:DEV) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Bankowy Square 2, Warsaw, POL, 00-095
Devo Energy SA formerly Devoran SA is an investment fund. The company through its holding invests is engaged in investing in the establishments of public health and local government units, and invests in comapnies producing building materials.