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Odessos Shiprepair Yard (XBUL:ODES) Cyclically Adjusted FCF per Share : лв8.50 (As of Sep. 2023)


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What is Odessos Shiprepair Yard 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.

Odessos Shiprepair Yard's adjusted free cash flow per share for the three months ended in Sep. 2023 was лв5.755. 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 лв8.50 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Odessos Shiprepair Yard's average Cyclically Adjusted FCF Growth Rate was 45.80% 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.

As of today (2024-05-01), Odessos Shiprepair Yard's current stock price is лв330.00. Odessos Shiprepair Yard's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was лв8.50. Odessos Shiprepair Yard's Cyclically Adjusted Price-to-FCF of today is 38.82.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Odessos Shiprepair Yard was 40.94. The lowest was 20.07. And the median was 30.14.


Odessos Shiprepair Yard Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Odessos Shiprepair Yard'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.

Odessos Shiprepair Yard Cyclically Adjusted FCF per Share Chart

Odessos Shiprepair Yard Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 6.47

Odessos Shiprepair Yard Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 5.83 6.47 8.05 7.82 8.50

Competitive Comparison of Odessos Shiprepair Yard's Cyclically Adjusted FCF per Share

For the Aerospace & Defense subindustry, Odessos Shiprepair Yard'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.


Odessos Shiprepair Yard's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Odessos Shiprepair Yard's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Odessos Shiprepair Yard 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, Odessos Shiprepair Yard'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)
=5.755/129.8595*129.8595
=5.755

Current CPI (Sep. 2023) = 129.8595.

Odessos Shiprepair Yard Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 1.169 98.326 1.544
201403 0.298 99.695 0.388
201406 0.719 100.560 0.928
201409 1.468 100.428 1.898
201412 0.516 99.070 0.676
201503 5.816 99.621 7.581
201506 0.366 100.684 0.472
201509 1.361 100.392 1.760
201512 -4.053 99.792 -5.274
201603 5.162 100.470 6.672
201606 0.980 101.688 1.251
201609 0.961 101.861 1.225
201612 -4.201 101.863 -5.356
201703 -0.121 102.862 -0.153
201706 1.441 103.349 1.811
201709 6.073 104.136 7.573
201712 -5.022 104.011 -6.270
201803 -1.934 105.290 -2.385
201806 -0.259 106.317 -0.316
201809 2.741 106.507 3.342
201812 1.468 105.998 1.798
201903 -0.172 107.251 -0.208
201906 1.886 108.070 2.266
201909 0.446 108.329 0.535
201912 1.509 108.420 1.807
202003 3.753 108.902 4.475
202006 1.305 108.767 1.558
202009 3.831 109.815 4.530
202012 1.528 109.897 1.806
202103 2.504 111.754 2.910
202106 2.814 114.631 3.188
202109 2.373 115.734 2.663
202112 -1.463 117.630 -1.615
202203 -2.799 121.301 -2.996
202206 5.981 125.017 6.213
202209 7.591 125.227 7.872
202212 7.714 125.222 8.000
202303 16.337 127.348 16.659
202306 0.390 128.729 0.393
202309 5.755 129.860 5.755

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


Odessos Shiprepair Yard  (XBUL:ODES) 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.

Odessos Shiprepair Yard's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=330.00/8.5
=38.82

* 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 Odessos Shiprepair Yard was 40.94. The lowest was 20.07. And the median was 30.14.


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.


Odessos Shiprepair Yard Cyclically Adjusted FCF per Share Related Terms

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


Odessos Shiprepair Yard (XBUL:ODES) Business Description

Traded in Other Exchanges
N/A
Address
Island zone, Varna, BGR, 9000
Odessos Shiprepair Yard is engaged in repair and docking of vessels. The company offers various services such as mechanical, piping, electrical, blasting and painting, carpentry, docking, storage and fire safety.

Odessos Shiprepair Yard (XBUL:ODES) Headlines

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