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A V Homes (A V Homes) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


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What is A V Homes Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


A V Homes Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for A V Homes'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.

A V Homes Cyclically Adjusted Price-to-FCF Chart

A V Homes Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted Price-to-FCF
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A V Homes Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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Competitive Comparison of A V Homes's Cyclically Adjusted Price-to-FCF

For the Residential Construction subindustry, A V Homes'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.


A V Homes's Cyclically Adjusted Price-to-FCF Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, A V Homes's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



A V Homes 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.

A V Homes's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2018 is calculated as:

For example, A V Homes's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2018 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2018 (Change)*Current CPI (Jun. 2018)
=-2.553/106.3168*106.3168
=-2.553

Current CPI (Jun. 2018) = 106.3168.

A V Homes Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200809 0.085 92.307 0.098
200812 1.170 88.697 1.402
200903 -0.336 89.744 -0.398
200906 2.491 91.003 2.910
200909 -0.194 91.120 -0.226
200912 -0.473 91.111 -0.552
201003 -0.346 91.821 -0.401
201006 0.263 91.962 0.304
201009 -1.075 92.162 -1.240
201012 0.198 92.474 0.228
201103 -0.665 94.283 -0.750
201106 0.377 95.235 0.421
201109 -1.215 95.727 -1.349
201112 0.042 95.213 0.047
201203 -0.194 96.783 -0.213
201206 -0.345 96.819 -0.379
201209 -0.806 97.633 -0.878
201212 -2.844 96.871 -3.121
201303 -0.689 98.209 -0.746
201306 -0.307 98.518 -0.331
201309 -1.196 98.790 -1.287
201312 -1.435 98.326 -1.552
201403 -1.050 99.695 -1.120
201406 -1.393 100.560 -1.473
201409 -1.339 100.428 -1.418
201412 -0.004 99.070 -0.004
201503 -2.127 99.621 -2.270
201506 -2.369 100.684 -2.502
201509 -0.659 100.392 -0.698
201512 2.369 99.792 2.524
201603 -0.857 100.470 -0.907
201606 0.442 101.688 0.462
201609 0.495 101.861 0.517
201612 2.543 101.863 2.654
201703 -0.374 102.862 -0.387
201706 -1.259 103.349 -1.295
201709 -0.109 104.136 -0.111
201712 3.203 104.011 3.274
201803 -1.036 105.290 -1.046
201806 -2.553 106.317 -2.553

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.


A V Homes  (NAS:AVHI) 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.


A V Homes Cyclically Adjusted Price-to-FCF Related Terms

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


A V Homes (A V Homes) Business Description

Traded in Other Exchanges
N/A
Address
A V Homes Inc is engaged in the business of homebuilding, community development in Florida, Arizona, and Carolinas. It also engaged in the sale of land for third party development. Firm derives the majority of its revenue from the Florida. The group has built over 7,500 homes nationwide and it has been the recipient of numerous awards for planning and homebuilding accomplishments.
Executives
David Bonderman other: Former 10% Owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
James G Coulter other: Former 10% Owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Roger A Cregg director, officer: President and CEO 100 BLOOMFIELD HILL PARKWAY, STE 300, BLOOMFIELD HILLS MI 48304
Tpg Advisors Vi, Inc. other: Former 10% Owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Jonathan Pertchik director C/O TRAVELCENTERS OF AMERICA INC., 24601 CENTER RIDGE ROAD, WESTLAKE OH 44145
Matthew Coleman director 8601 NORTH SCOTTSDALE ROAD, SUITE 225, SCOTTSDALE AZ 85253
Reuben S Leibowitz director 466 LEXINGTON AVENUE 10TH FL, NEW YORK NY 10017
Dave Gomez officer: EVP, GC and Secretary 7970 SOUTH KYRENE RD., TEMPE AZ 85284
Paul Hackwell director 301 COMMERCE STREET, SUITE 300, FORT WORTH TX 76102
Kelvin L. Davis director 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Greg Kranias director C/O TPG CAPITAL, L.P., 301 COMMERCE ST, SUITE 3300, FORT WORTH TX 76102
Beth Stewart director C/O GENERAL GROWTH PROPERTIES INC, 110 NORTH WACKER DRIVE, CHICAGO IL 60606
Milton H Dresner director C/O HIGHLAND COMPANIES, 28777 NORTHWESTERN HIGHWAY, SOUTHFIELD MI 48034
Michael P Rama officer: Controller C/O AVATAR HOLDINGS INC, 201 ALHAMBRA CIRCLE 12TH FLOOR, CORAL GABLES FL 33134
William G Spears director 45 ROCKEFELLER PLZ STE 1709, SPEARS GRISANTI & BROWN, NEW YORK NY 10111