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YIT Oyj (YIT Oyj) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


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What is YIT Oyj Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


YIT Oyj Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for YIT Oyj'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.

YIT Oyj Cyclically Adjusted Price-to-FCF Chart

YIT Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.75 8.34 5.73 4.10 2.98

YIT Oyj Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 4.81 3.41 3.06 2.98 -

Competitive Comparison of YIT Oyj's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, YIT Oyj'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.


YIT Oyj's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, YIT Oyj's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



YIT Oyj 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.

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

For example, YIT Oyj'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)
=-0.084/121.2200*121.2200
=-0.084

Current CPI (Mar. 2024) = 121.2200.

YIT Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.079 100.147 -0.096
201409 0.212 100.726 0.255
201412 0.675 100.229 0.816
201503 0.075 100.120 0.091
201506 0.519 100.030 0.629
201509 0.063 100.130 0.076
201512 0.195 99.990 0.236
201603 -0.104 100.080 -0.126
201606 0.328 100.390 0.396
201609 -0.048 100.540 -0.058
201612 -0.017 101.020 -0.020
201703 0.242 100.910 0.291
201706 0.087 101.140 0.104
201709 -0.169 101.320 -0.202
201712 0.900 101.510 1.075
201803 -0.427 101.730 -0.509
201806 0.409 102.320 0.485
201809 -0.065 102.600 -0.077
201812 0.494 102.710 0.583
201903 0.016 102.870 0.019
201906 -0.127 103.360 -0.149
201909 -0.032 103.540 -0.037
201912 0.363 103.650 0.425
202003 -0.150 103.490 -0.176
202006 -0.091 103.320 -0.107
202009 -0.030 103.710 -0.035
202012 0.398 103.890 0.464
202103 0.170 104.870 0.197
202106 0.279 105.360 0.321
202109 -0.129 106.290 -0.147
202112 0.378 107.490 0.426
202203 -0.122 110.950 -0.133
202206 -0.348 113.570 -0.371
202209 -0.306 114.920 -0.323
202212 0.105 117.320 0.108
202303 -0.565 119.750 -0.572
202306 0.028 120.690 0.028
202309 -0.008 121.280 -0.008
202312 0.159 121.220 0.159
202403 -0.084 121.220 -0.084

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.


YIT Oyj  (OTCPK:YITYY) 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.


YIT Oyj Cyclically Adjusted Price-to-FCF Related Terms

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


YIT Oyj (YIT Oyj) Business Description

Industry
Traded in Other Exchanges
Address
Panuntie 11, P.O. Box 36, Helsinki, FIN, 00620
YIT Oyj is a Finnish construction service provider. YIT develops and builds apartments and living services, business premises and entire areas. The company has four reportable segments: 1) Housing segment which comprises the development and construction of apartments, entire residential areas and leisure-time residences; 2) Business Premises segment engages in contracting in business premises construction as well as residential construction. 3) Infrastructure segment includes railway and traffic route construction and maintenance, green construction, bridge building and repairing, foundation construction and other earthworks, shoreline and waterworks construction, etc; 4) Property Development segment develops business premises and hybrid projects as well as wind farms.

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