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Aqua (WAR:AQA) Cyclically Adjusted FCF per Share : zł1.00 (As of Sep. 2023)


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What is Aqua 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.

Aqua's adjusted free cash flow per share for the three months ended in Sep. 2023 was zł-0.435. 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 zł1.00 for the trailing ten years ended in Sep. 2023.

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.

As of today (2024-04-30), Aqua's current stock price is zł10.00. Aqua's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was zł1.00. Aqua's Cyclically Adjusted Price-to-FCF of today is 10.00.

During the past 10 years, the highest Cyclically Adjusted Price-to-FCF of Aqua was 11.20. The lowest was 8.55. And the median was 10.00.


Aqua Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Aqua'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.

Aqua Cyclically Adjusted FCF per Share Chart

Aqua Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
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Aqua Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Aqua's Cyclically Adjusted FCF per Share

For the Pollution & Treatment Controls subindustry, Aqua'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.


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

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

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



Aqua 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, Aqua's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.435/146.1131*146.1131
=-0.435

Current CPI (Sep. 2023) = 146.1131.

Aqua Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 101.018 0.000
201403 0.000 101.262 0.000
201406 0.000 101.180 0.000
201409 0.925 100.611 1.343
201412 6.498 100.122 9.483
201503 1.733 100.041 2.531
201506 -2.290 100.448 -3.331
201509 0.543 99.634 0.796
201512 9.901 99.471 14.544
201603 -7.758 98.983 -11.452
201606 -2.108 99.552 -3.094
201609 0.096 99.064 0.142
201612 -0.276 100.366 -0.402
201703 -0.501 101.018 -0.725
201706 1.751 101.180 2.529
201709 -0.810 101.343 -1.168
201712 -0.657 102.564 -0.936
201803 -0.008 102.564 -0.011
201806 -0.253 103.378 -0.358
201809 -0.087 103.378 -0.123
201812 -0.085 103.785 -0.120
201903 0.290 104.274 0.406
201906 -0.089 105.983 -0.123
201909 -0.289 105.983 -0.398
201912 -0.024 107.123 -0.033
202003 -0.064 109.076 -0.086
202006 -0.007 109.402 -0.009
202009 0.026 109.320 0.035
202012 -0.543 109.565 -0.724
202103 0.092 112.658 0.119
202106 1.044 113.960 1.339
202109 -0.334 115.588 -0.422
202112 0.978 119.088 1.200
202203 -0.868 125.031 -1.014
202206 0.443 131.705 0.491
202209 -0.077 135.531 -0.083
202212 -1.143 139.113 -1.201
202303 0.047 145.950 0.047
202306 0.483 147.009 0.480
202309 -0.435 146.113 -0.435

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


Aqua  (WAR:AQA) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.00/1
=10.00

* 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 10 years, the highest Cyclically Adjusted Price-to-FCF of Aqua was 11.20. The lowest was 8.55. And the median was 10.00.


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.


Aqua Cyclically Adjusted FCF per Share Related Terms

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


Aqua (WAR:AQA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ulica Kanclerska 28, Poznan, POL, 60-327
Aqua SA is engaged in the business of consulting, designing and construction of water and sewage treatment systems.

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