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ACS Actividades de Construccion y Servicios (CHIX:ACSE) Cyclically Adjusted FCF per Share : €2.84 (As of Mar. 2025)


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What is ACS Actividades de Construccion y Servicios 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.

ACS Actividades de Construccion y Servicios's adjusted free cash flow per share for the three months ended in Mar. 2025 was €-4.948. 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 €2.84 for the trailing ten years ended in Mar. 2025.

During the past 12 months, ACS Actividades de Construccion y Servicios's average Cyclically Adjusted FCF Growth Rate was -5.90% 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 ACS Actividades de Construccion y Servicios was 1.70% per year. The lowest was 0.60% per year. And the median was 1.15% per year.

As of today (2025-05-29), ACS Actividades de Construccion y Servicios's current stock price is €58.775. ACS Actividades de Construccion y Servicios's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €2.84. ACS Actividades de Construccion y Servicios's Cyclically Adjusted Price-to-FCF of today is 20.70.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ACS Actividades de Construccion y Servicios was 22.19. The lowest was 5.54. And the median was 10.12.


ACS Actividades de Construccion y Servicios Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ACS Actividades de Construccion y Servicios'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.

ACS Actividades de Construccion y Servicios Cyclically Adjusted FCF per Share Chart

ACS Actividades de Construccion y Servicios Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.29 3.32 - - -

ACS Actividades de Construccion y Servicios Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.02 3.52 - - 2.84

Competitive Comparison of ACS Actividades de Construccion y Servicios's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, ACS Actividades de Construccion y Servicios'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.


ACS Actividades de Construccion y Servicios's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, ACS Actividades de Construccion y Servicios's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where ACS Actividades de Construccion y Servicios's Cyclically Adjusted Price-to-FCF falls into.


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ACS Actividades de Construccion y Servicios 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, ACS Actividades de Construccion y Servicios's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-4.948/125.5305*125.5305
=-4.948

Current CPI (Mar. 2025) = 125.5305.

ACS Actividades de Construccion y Servicios Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 2.440 101.138 3.028
201509 0.157 99.559 0.198
201512 3.248 100.268 4.066
201603 -1.423 98.638 -1.811
201606 0.093 100.333 0.116
201609 1.476 99.737 1.858
201612 1.517 101.842 1.870
201703 -1.207 100.896 -1.502
201706 0.367 101.848 0.452
201709 1.068 101.524 1.321
201712 3.442 102.975 4.196
201803 -0.911 102.122 -1.120
201806 0.498 104.165 0.600
201809 0.108 103.818 0.131
201812 4.638 104.193 5.588
201903 0.000 103.488 0.000
201906 0.000 104.612 0.000
201909 0.000 103.905 0.000
201912 0.000 105.015 0.000
202003 -1.214 103.469 -1.473
202006 0.708 104.254 0.852
202009 -0.343 103.521 -0.416
202012 3.900 104.456 4.687
202103 -2.544 104.857 -3.046
202106 2.541 107.102 2.978
202109 -0.317 107.669 -0.370
202112 1.643 111.298 1.853
202203 0.000 115.153 0.000
202206 0.000 118.044 0.000
202209 0.000 117.221 0.000
202212 0.000 117.650 0.000
202303 -4.377 118.948 -4.619
202306 3.219 120.278 3.360
202309 0.000 121.343 0.000
202312 0.000 121.300 0.000
202403 -3.561 122.762 -3.641
202406 4.832 124.409 4.876
202409 0.000 123.121 0.000
202412 0.000 124.753 0.000
202503 -4.948 125.531 -4.948

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


ACS Actividades de Construccion y Servicios  (CHIX:ACSe) 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.

ACS Actividades de Construccion y Servicios's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=58.775/2.84
=20.70

* 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 ACS Actividades de Construccion y Servicios was 22.19. The lowest was 5.54. And the median was 10.12.


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.


ACS Actividades de Construccion y Servicios Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of ACS Actividades de Construccion y Servicios's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


ACS Actividades de Construccion y Servicios Business Description

Address
102, Avenida Pio XII, Madrid, ESP, 28036
ACS Actividades de Construccion y Servicios SA completes construction and service activities for infrastructure and energy projects. In addition to infrastructure-related developments, the company constructs buildings and projects related to the mining sector. It has four operating segments: construction (majority of total revenue), Concessions, Services (which offers comprehensive maintenance services for buildings, public places and organisations) and corporate. Its services revolve around industrial engineering and operating energy, industrial, and mobility infrastructures. Additional sales are generated from aftermarket services and contracts to perform upkeep on existing structures. Approximately half of total revenue derives from the Americas.

ACS Actividades de Construccion y Servicios Headlines

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