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Sixth Wave Innovations (XCNQ:SIXW) Cyclically Adjusted Price-to-FCF : (As of May. 31, 2024)


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What is Sixth Wave Innovations Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sixth Wave Innovations Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sixth Wave Innovations'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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Sixth Wave Innovations Cyclically Adjusted Price-to-FCF Chart

Sixth Wave Innovations Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Cyclically Adjusted Price-to-FCF
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Sixth Wave Innovations Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
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Competitive Comparison of Sixth Wave Innovations's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Sixth Wave Innovations'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.


Sixth Wave Innovations's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sixth Wave Innovations's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Sixth Wave Innovations 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.

Sixth Wave Innovations's Cyclically Adjusted FCF per Share for the quarter that ended in May. 2023 is calculated as:

For example, Sixth Wave Innovations's adjusted Free Cash Flow per Share data for the three months ended in May. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of May. 2023 (Change)*Current CPI (May. 2023)
=-0.01/124.0453*124.0453
=-0.010

Current CPI (May. 2023) = 124.0453.

Sixth Wave Innovations Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201308 -0.624 97.261 -0.796
201311 -0.710 97.182 -0.906
201402 -1.015 98.051 -1.284
201405 -0.618 99.394 -0.771
201408 -0.588 99.315 -0.734
201411 -0.305 99.078 -0.382
201502 -0.061 99.078 -0.076
201505 0.000 100.263 0.000
201508 0.000 100.579 0.000
201511 0.000 100.421 0.000
201602 0.000 100.421 0.000
201605 0.000 101.765 0.000
201608 0.000 101.686 0.000
201611 -0.130 101.607 -0.159
201702 -0.176 102.476 -0.213
201705 -0.095 103.108 -0.114
201708 -0.046 103.108 -0.055
201711 -0.819 103.740 -0.979
201802 -0.073 104.688 -0.086
201805 -0.030 105.399 -0.035
201808 -0.163 106.031 -0.191
201811 -0.172 105.478 -0.202
201902 -0.778 106.268 -0.908
201905 -0.112 107.927 -0.129
201908 -0.215 108.085 -0.247
201911 -0.288 107.769 -0.331
202002 -0.064 108.559 -0.073
202005 -0.131 107.532 -0.151
202008 -0.107 108.243 -0.123
202011 -0.150 108.796 -0.171
202102 -0.066 109.745 -0.075
202105 -0.146 111.404 -0.163
202108 -0.141 112.668 -0.155
202111 -0.058 113.932 -0.063
202202 0.000 115.986 0.000
202205 -0.090 120.016 -0.093
202208 -0.025 120.569 -0.026
202211 -0.028 121.675 -0.029
202302 -0.015 122.070 -0.015
202305 -0.010 124.045 -0.010

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.


Sixth Wave Innovations  (XCNQ:SIXW) 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.


Sixth Wave Innovations Cyclically Adjusted Price-to-FCF Related Terms

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Sixth Wave Innovations (XCNQ:SIXW) Business Description

Traded in Other Exchanges
Address
210 Waterfront Drive Bedford, Suite 110, Nova Scotia, BC, CAN, B4A 0H3
Sixth Wave Innovations Inc is a nanotechnology company that uses patented Molecularly Imprinted Polymers (MIPs) for imprinting, capturing, and releasing substances at the molecular level. Its current products are in the process of commercialization in gold mining, cannabis production and health and security with rapid virus detection.

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