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Hexagon Composites ASA (Hexagon Composites ASA) Cyclically Adjusted FCF per Share : $-0.01 (As of Mar. 2024)


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What is Hexagon Composites ASA 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.

Hexagon Composites ASA's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.072. 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 Mar. 2024.

During the past 12 months, Hexagon Composites ASA's average Cyclically Adjusted FCF Growth Rate was -1600.00% 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 Hexagon Composites ASA was 3.00% per year. The lowest was -46.90% per year. And the median was -16.60% per year.

As of today (2024-06-18), Hexagon Composites ASA's current stock price is $2.99. Hexagon Composites ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-0.01. Hexagon Composites ASA's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hexagon Composites ASA was 2549.05. The lowest was 14.02. And the median was 30.11.


Hexagon Composites ASA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hexagon Composites ASA'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.

Hexagon Composites ASA Cyclically Adjusted FCF per Share Chart

Hexagon Composites ASA 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 0.12 0.12 0.06 0.02 -0.01

Hexagon Composites ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - -0.01 -0.01 -0.01 -0.01

Competitive Comparison of Hexagon Composites ASA's Cyclically Adjusted FCF per Share

For the Packaging & Containers subindustry, Hexagon Composites ASA'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.


Hexagon Composites ASA's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Hexagon Composites ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Hexagon Composites ASA 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, Hexagon Composites ASA's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.072/132.6000*132.6000
=-0.072

Current CPI (Mar. 2024) = 132.6000.

Hexagon Composites ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.218 97.500 0.296
201409 -0.018 98.500 -0.024
201412 0.150 98.600 0.202
201503 -0.051 99.200 -0.068
201506 0.019 100.100 0.025
201509 0.031 100.600 0.041
201512 0.040 100.900 0.053
201603 0.047 102.500 0.061
201606 -0.038 103.800 -0.049
201609 0.000 104.200 0.000
201612 -0.003 104.400 -0.004
201703 -0.041 105.000 -0.052
201706 0.026 105.800 0.033
201709 0.067 105.900 0.084
201712 0.021 106.100 0.026
201803 0.049 107.300 0.061
201806 0.001 108.500 0.001
201809 -0.022 109.500 -0.027
201812 0.077 109.800 0.093
201903 -0.021 110.400 -0.025
201906 -0.015 110.600 -0.018
201909 0.054 111.100 0.064
201912 0.102 111.300 0.122
202003 -0.025 111.200 -0.030
202006 -0.004 112.100 -0.005
202009 0.014 112.900 0.016
202012 0.132 112.900 0.155
202103 -0.186 114.600 -0.215
202106 0.000 115.300 0.000
202109 -0.132 117.500 -0.149
202112 -0.139 118.900 -0.155
202203 -0.074 119.800 -0.082
202206 -0.191 122.600 -0.207
202209 -0.021 125.600 -0.022
202212 -0.046 125.900 -0.048
202303 -0.087 127.600 -0.090
202306 -0.107 130.400 -0.109
202309 0.035 129.800 0.036
202312 0.105 131.900 0.106
202403 -0.072 132.600 -0.072

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


Hexagon Composites ASA  (OTCPK:HXGCF) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hexagon Composites ASA was 2549.05. The lowest was 14.02. And the median was 30.11.


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.


Hexagon Composites ASA Cyclically Adjusted FCF per Share Related Terms

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


Hexagon Composites ASA (Hexagon Composites ASA) Business Description

Address
Korsegata 4B, P.O. Box 836, Sentrum, Aalesund, NOR, 6002
Hexagon Composites ASA is a supplier of clean energy technology for gas storage, distribution, fuel systems, and drivetrains. Its operating segments are Hexagon Agility & CNG LDV, Hexagon Purus, Hexagon Digital Wave, and Hexagon Ragasco LPG. Hexagon Agility & CNG LDV segment offers natural gas fuel systems and delivery solutions for the mobility market. Hexagon Purus is a provider of technology needed for zero-emission mobility. The Hexagon Digital Wave segment offers cylinder testing and monitoring technology. Hexagon Ragasco LPG segment is a manufacturer of composite LPG cylinders. It operates through Europe, North America, South-East Asia, the Middle East, and Norway geographic regions.