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ADF Group (FRA:4QM) Cyclically Adjusted FCF per Share : €0.01 (As of Apr. 2024)


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What is ADF Group 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.

ADF Group's adjusted free cash flow per share for the three months ended in Apr. 2024 was €-0.495. 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 €0.01 for the trailing ten years ended in Apr. 2024.

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 ADF Group was 15.70% per year. The lowest was -54.60% per year. And the median was -12.40% per year.

As of today (2024-06-21), ADF Group's current stock price is €10.40. ADF Group's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2024 was €0.01. ADF Group's Cyclically Adjusted Price-to-FCF of today is 1,040.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ADF Group was 2069.42. The lowest was 6.55. And the median was 63.75.


ADF Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ADF Group'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.

ADF Group Cyclically Adjusted FCF per Share Chart

ADF Group Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.02 -0.08 -0.13 0.04

ADF Group Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 -0.03 0.01 -0.02 0.04 0.01

Competitive Comparison of ADF Group's Cyclically Adjusted FCF per Share

For the Metal Fabrication subindustry, ADF Group'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.


ADF Group's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ADF Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



ADF Group 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, ADF Group's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=-0.495/126.8896*126.8896
=-0.495

Current CPI (Apr. 2024) = 126.8896.

ADF Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 -0.250 99.315 -0.319
201410 -0.017 99.473 -0.022
201501 0.088 98.209 0.114
201504 -0.075 99.710 -0.095
201507 -0.054 100.579 -0.068
201510 -0.007 100.500 -0.009
201601 -0.079 100.184 -0.100
201604 -0.127 101.370 -0.159
201607 -0.039 101.844 -0.049
201610 -0.036 102.002 -0.045
201701 -0.180 102.318 -0.223
201704 -0.056 103.029 -0.069
201707 0.132 103.029 0.163
201710 -0.062 103.424 -0.076
201801 -0.055 104.056 -0.067
201804 -0.102 105.320 -0.123
201807 0.050 106.110 0.060
201810 0.268 105.952 0.321
201901 -0.044 105.557 -0.053
201904 -0.065 107.453 -0.077
201907 0.070 108.243 0.082
201910 0.089 107.927 0.105
202001 -0.146 108.085 -0.171
202004 0.238 107.216 0.282
202007 0.186 108.401 0.218
202010 0.110 108.638 0.128
202101 0.004 109.192 0.005
202104 0.165 110.851 0.189
202107 -0.179 112.431 -0.202
202110 0.037 113.695 0.041
202201 -0.442 114.801 -0.489
202204 -0.184 118.357 -0.197
202207 -0.135 120.964 -0.142
202210 0.254 121.517 0.265
202301 -0.253 121.596 -0.264
202304 0.840 123.571 0.863
202307 0.168 124.914 0.171
202310 -0.169 125.310 -0.171
202401 0.646 125.072 0.655
202404 -0.495 126.890 -0.495

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


ADF Group  (FRA:4QM) 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.

ADF Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.40/0.01
=1,040.00

* 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 ADF Group was 2069.42. The lowest was 6.55. And the median was 63.75.


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.


ADF Group Cyclically Adjusted FCF per Share Related Terms

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


ADF Group (FRA:4QM) Business Description

Industry
Traded in Other Exchanges
Address
300, rue Henry-Bessemer, Terrebonne, QC, CAN, J6Y 1T3
ADF Group Inc involves in the design and engineering of connections, fabrication, including industrial coating, and the installation of steel structures and steel built-ups, as well as miscellaneous and architectural metalwork. The company's products and services are intended for the five principal segments of the non-residential construction industry: Office towers and high-rises, Commercial and recreational buildings, Airport facilities, Industrial complexes, and Transport infrastructures. It serves the client base in the non-residential construction industry, such as general contractors, project owners, engineering firms and project architects, and other steel structure fabricators. The company operates in the United States and Canada.

ADF Group (FRA:4QM) Headlines

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