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Echo Investment (WAR:ECH) Cyclically Adjusted FCF per Share : zł-0.01 (As of Dec. 2023)


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What is Echo Investment 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.

Echo Investment's adjusted free cash flow per share for the three months ended in Dec. 2023 was zł0.543. 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 zł-0.01 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Echo Investment's average Cyclically Adjusted FCF Growth Rate was -108.30% 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 Echo Investment was -10.90% per year. The lowest was -15.70% per year. And the median was -13.30% per year.

As of today (2024-05-12), Echo Investment's current stock price is zł4.81. Echo Investment's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was zł-0.01. Echo Investment's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Echo Investment was 113.33. The lowest was 13.92. And the median was 22.15.


Echo Investment Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Echo Investment'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.

Echo Investment Cyclically Adjusted FCF per Share Chart

Echo Investment 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 0.20 0.16 0.17 0.12 -0.01

Echo Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.12 0.06 0.05 -0.06 -0.01

Competitive Comparison of Echo Investment's Cyclically Adjusted FCF per Share

For the Real Estate - Diversified subindustry, Echo Investment'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.


Echo Investment's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Echo Investment's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.543/147.5783*147.5783
=0.543

Current CPI (Dec. 2023) = 147.5783.

Echo Investment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.452 101.262 0.659
201406 -0.270 101.180 -0.394
201409 -0.075 100.611 -0.110
201412 0.121 100.122 0.178
201503 0.091 100.041 0.134
201506 0.085 100.448 0.125
201509 0.119 99.634 0.176
201512 0.089 99.471 0.132
201603 -0.007 98.983 -0.010
201606 0.026 99.552 0.039
201609 0.062 99.064 0.092
201612 0.259 100.366 0.381
201703 -0.563 101.018 -0.822
201706 0.217 101.180 0.317
201709 0.092 101.343 0.134
201712 -0.428 102.564 -0.616
201803 -0.144 102.564 -0.207
201806 -0.088 103.378 -0.126
201809 0.180 103.378 0.257
201812 0.396 103.785 0.563
201903 -0.276 104.274 -0.391
201906 0.011 105.983 0.015
201909 -0.018 105.983 -0.025
201912 0.057 107.123 0.079
202003 -0.114 109.076 -0.154
202006 -0.115 109.402 -0.155
202009 0.051 109.320 0.069
202012 -0.017 109.565 -0.023
202103 0.461 112.658 0.604
202106 -0.051 113.960 -0.066
202109 -0.732 115.588 -0.935
202112 0.595 119.088 0.737
202203 -0.066 125.031 -0.078
202206 -0.072 131.705 -0.081
202209 -1.014 135.531 -1.104
202212 1.153 139.113 1.223
202303 -0.498 145.950 -0.504
202306 0.126 147.009 0.126
202309 -0.856 146.113 -0.865
202312 0.543 147.578 0.543

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


Echo Investment  (WAR:ECH) 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 Echo Investment was 113.33. The lowest was 13.92. And the median was 22.15.


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.


Echo Investment Cyclically Adjusted FCF per Share Related Terms

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


Echo Investment (WAR:ECH) Business Description

Industry
Traded in Other Exchanges
Address
Al. Jana Paw?a II 22, Warsaw Office Q22 building, Warsaw, POL, 00-133
Echo Investment SA is a Polish development company that builds projects in the office, retail, and residential sectors. The company divides its revenue-generating businesses into four categories: residential, shopping centers, office buildings, and others. The residential segment handles the rental and sale of properties. In the other segment, accounting, leasing, and development services for external clients generate revenue. The residential and retail segments are responsible for generating the largest portions of revenue. A majority of the company's revenue is earned in Poland.

Echo Investment (WAR:ECH) Headlines