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AWX (Avalon Holdings) Cyclically Adjusted FCF per Share : $-0.75 (As of Sep. 2024)


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What is Avalon Holdings 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.

Avalon Holdings's adjusted free cash flow per share for the three months ended in Sep. 2024 was $-0.169. 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 $-0.75 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -16.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -21.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -9.60% 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 Avalon Holdings was 30.70% per year. The lowest was -45.10% per year. And the median was 0.90% per year.

As of today (2024-12-14), Avalon Holdings's current stock price is $3.21. Avalon Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was $-0.75. Avalon Holdings's Cyclically Adjusted Price-to-FCF of today is .


Avalon Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Avalon Holdings'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.

Avalon Holdings Cyclically Adjusted FCF per Share Chart

Avalon Holdings 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 -0.53 -0.58 -0.72 -0.89 -0.92

Avalon Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.97 -0.92 -0.84 -0.76 -0.75

Competitive Comparison of Avalon Holdings's Cyclically Adjusted FCF per Share

For the Waste Management subindustry, Avalon Holdings'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.


Avalon Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Avalon Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Avalon Holdings 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, Avalon Holdings's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.169/133.0289*133.0289
=-0.169

Current CPI (Sep. 2024) = 133.0289.

Avalon Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.716 99.070 -0.961
201503 -0.781 99.621 -1.043
201506 -0.475 100.684 -0.628
201509 -0.386 100.392 -0.511
201512 -0.101 99.792 -0.135
201603 -0.279 100.470 -0.369
201606 0.043 101.688 0.056
201609 -0.073 101.861 -0.095
201612 0.203 101.863 0.265
201703 -0.274 102.862 -0.354
201706 0.191 103.349 0.246
201709 0.047 104.136 0.060
201712 -0.108 104.011 -0.138
201803 -0.203 105.290 -0.256
201806 0.261 106.317 0.327
201809 -0.090 106.507 -0.112
201812 -0.315 105.998 -0.395
201903 -0.129 107.251 -0.160
201906 0.005 108.070 0.006
201909 -0.542 108.329 -0.666
201912 -0.390 108.420 -0.479
202003 -0.355 108.902 -0.434
202006 0.279 108.767 0.341
202009 -0.290 109.815 -0.351
202012 -0.144 109.897 -0.174
202103 -0.103 111.754 -0.123
202106 0.072 114.631 0.084
202109 -0.264 115.734 -0.303
202112 -0.230 117.630 -0.260
202203 -0.432 121.301 -0.474
202206 0.128 125.017 0.136
202209 -0.683 125.227 -0.726
202212 -0.070 125.222 -0.074
202303 -0.219 127.348 -0.229
202306 0.293 128.729 0.303
202309 -0.340 129.860 -0.348
202312 -0.131 129.419 -0.135
202403 0.014 131.776 0.014
202406 0.731 132.554 0.734
202409 -0.169 133.029 -0.169

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


Avalon Holdings  (AMEX:AWX) 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.


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.


Avalon Holdings Cyclically Adjusted FCF per Share Related Terms

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


Avalon Holdings Business Description

Industry
Traded in Other Exchanges
N/A
Address
One American Way, Warren, OH, USA, 44484-5555
Avalon Holdings Corp is a waste management company. The company provides waste management services to industrial, commercial, municipal, and governmental customers in selected northeastern and midwestern U.S. markets. The company has two operating segments. The Waste management services segment which is the key revenue driver, includes waste disposal services, captive landfill operations, and saltwater injection well operations. Its Golf and related operations segment includes management of golf courses and related clubhouses, a hotel, fitness centers, tennis courts, salon and spa services, dining, banquet, and conference facilities.
Executives
Bryan Saksa officer: CHIEF FINANCIAL OFFICER ONE AMERICAN WAY, WARREN OH 44484
Christine Bell officer: President ONE AMERICAN WAY, WARREN OH 44484
Stephen L Gordon director 41 WOODLAND PARK DRIVE, TENAFLY NJ 07670
Kenneth J Mcmahon officer: See Remarks ONE AMERICAN WAY, WARREN OH 44484
Kurtis Dean Gramley director 1001 HIGHLAND ROAD, SHARON PA 16146
Mintbroker International, Ltd. 10 percent owner ELIZABETH AVE. & BAY STREET, NASSAU C5 N-8340
David G Bozanich director 7842 WALNUT STREET, YOUNGSTOWN OH 44512
Timothy C Coxson officer: Chief Financial Officer ONE AMERICAN WAY, WARREN OH 44484 5555
Robert Michael Arnoni director 3757 LIBRARY ROAD, SUITE 250, PITTSBURGH PA 15234
Advisory Research Inc 10 percent owner 180 N. STETSON AVENUE, SUITE 5500, CHICAGO IL 60601
Advisory Research Microcap Value Fund, L.p. 10 percent owner 180 NORTH STETSON AVENUE, SUITE 5500, CHICAGO IL 60601
Lourde John Constable 10 percent owner 5 RADNOR CORP CENTER, 100 MATSONFORD ROAD SUITE 520, RADNOR PA 19087
Nalluri Anil Choudary Inc P/s Plan & Trust U/a/dtd 7/1/80 10 percent owner 5500 MARKET ST #128, C/O ANIL C NALLURI MD INC, YOUNGSTOWN OH 44512
Thomas C Kniss director ONE AMERICAN WAY, WARREN OH 44484