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Alstom (Alstom) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is Alstom Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alstom Cyclically Adjusted Price-to-FCF Historical Data

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

Alstom Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
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Alstom Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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Competitive Comparison of Alstom's Cyclically Adjusted Price-to-FCF

For the Railroads subindustry, Alstom'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.


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

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

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



Alstom 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.

Alstom's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Alstom's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=-0.16/118.2300*118.2300
=-0.160

Current CPI (Mar24) = 118.2300.

Alstom Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -0.157 100.170 -0.185
201603 -1.000 100.020 -1.182
201703 0.087 101.170 0.102
201803 0.069 102.750 0.079
201903 0.075 103.890 0.085
202003 0.099 104.590 0.112
202103 -0.325 105.750 -0.363
202203 -0.296 110.490 -0.317
202303 0.050 116.790 0.051
202403 -0.160 118.230 -0.160

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.


Alstom  (OTCPK:ALSMY) 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.


Alstom Cyclically Adjusted Price-to-FCF Related Terms

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Alstom (Alstom) Business Description

Industry
Address
48, Rue Albert Dhalenne, Saint-Ouen-sur-Seine, Paris, FRA, 93400
Alstom develops and markets systems, equipment, and services for the railway transport sector, including rolling stock, maintenance and modernization services, signaling, and infrastructure, which are offered separately, bundled, or as fully integrated solutions. The company is one of the key international players in the industry with a strong position in European markets.

Alstom (Alstom) Headlines

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