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Globus Maritime (Globus Maritime) Cyclically Adjusted FCF per Share : $221.15 (As of Dec. 2023)


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What is Globus Maritime Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Globus Maritime's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.049. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $221.15 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Globus Maritime's average Cyclically Adjusted FCF Growth Rate was -66.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -48.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Globus Maritime was -28.50% per year. The lowest was -48.10% per year. And the median was -38.30% per year.

As of today (2024-05-16), Globus Maritime's current stock price is $2.12. Globus Maritime's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $221.15. Globus Maritime's Cyclically Adjusted Price-to-FCF of today is 0.01.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Globus Maritime was 0.18. The lowest was 0.01. And the median was 0.03.


Globus Maritime Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Globus Maritime's Cyclically Adjusted FCF per Share 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.

Globus Maritime Cyclically Adjusted FCF per Share Chart

Globus Maritime Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,809.43 1,580.18 1,095.79 660.09 221.15

Globus Maritime Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 660.09 545.30 436.98 349.36 221.15

Competitive Comparison of Globus Maritime's Cyclically Adjusted FCF per Share

For the Marine Shipping subindustry, Globus Maritime'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.


Globus Maritime's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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



Globus Maritime Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Globus Maritime's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.049/116.3641*116.3641
=0.049

Current CPI (Dec. 2023) = 116.3641.

Globus Maritime Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 936.000 102.748 1,060.042
201406 1,495.000 103.060 1,687.984
201409 664.667 102.624 753.655
201412 78.000 100.254 90.534
201503 105.000 100.549 121.515
201506 -48.667 100.838 -56.161
201509 -21.333 100.856 -24.613
201512 -55.000 100.087 -63.945
201603 -793.000 99.041 -931.705
201606 -98.333 100.121 -114.286
201609 -293.000 99.878 -341.363
201612 -15.667 100.110 -18.211
201703 -53.471 100.770 -61.746
201706 -4.821 101.138 -5.547
201709 65.286 100.882 75.306
201712 -15.903 100.762 -18.365
201803 3.125 100.534 3.617
201806 35.281 102.121 40.202
201809 40.063 101.982 45.713
201812 41.875 101.330 48.088
201903 -35.094 101.482 -40.240
201906 -16.951 101.837 -19.369
201909 19.773 101.906 22.578
201912 24.163 102.120 27.533
202003 -34.069 101.479 -39.066
202006 -24.012 100.239 -27.875
202009 -0.409 99.886 -0.476
202012 -0.536 99.751 -0.625
202103 -0.540 99.817 -0.630
202106 -1.132 101.270 -1.301
202109 -0.423 102.095 -0.482
202112 -0.771 104.853 -0.856
202203 0.502 108.651 0.538
202206 -0.358 113.517 -0.367
202209 0.178 114.371 0.181
202212 -0.442 112.428 -0.457
202303 -0.124 113.620 -0.127
202306 -0.081 115.515 -0.082
202309 -0.060 116.234 -0.060
202312 0.049 116.364 0.049

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Globus Maritime  (NAS:GLBS) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Globus Maritime's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.12/221.15
=0.01

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Globus Maritime was 0.18. The lowest was 0.01. And the median was 0.03.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Globus Maritime Cyclically Adjusted FCF per Share Related Terms

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


Globus Maritime (Globus Maritime) Business Description

Industry
Traded in Other Exchanges
Address
128 Vouliagmenis Avenue, 3rd Floor, Glyfada, Athens, GRC, 166 74
Globus Maritime Ltd is a dry bulk shipping company that provides marine transportation services internationally. The company owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargo. Its operations are managed by its subsidiary which also provides in-house commercial and technical management for its vessels and also offers consulting services for an affiliated ship management company. It generates maximum revenues by charging customers for the use of vessels to transport dry bulk commodities.