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Stara Planina Holding AD (XBUL:SPH) Cyclically Adjusted FCF per Share : лв1.66 (As of Sep. 2024)


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What is Stara Planina Holding AD 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.

Stara Planina Holding AD's adjusted free cash flow per share for the three months ended in Sep. 2024 was лв0.683. 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 лв1.66 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Stara Planina Holding AD's average Cyclically Adjusted FCF Growth Rate was 9.20% 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 (2025-05-23), Stara Planina Holding AD's current stock price is лв8.20. Stara Planina Holding AD's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was лв1.66. Stara Planina Holding AD's Cyclically Adjusted Price-to-FCF of today is 4.94.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Stara Planina Holding AD was 9.15. The lowest was 4.82. And the median was 6.79.


Stara Planina Holding AD Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Stara Planina Holding AD'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.

Stara Planina Holding AD Cyclically Adjusted FCF per Share Chart

Stara Planina Holding AD 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 - - 1.18 1.33 1.56

Stara Planina Holding AD Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.52 1.56 1.60 1.62 1.66

Competitive Comparison of Stara Planina Holding AD's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Stara Planina Holding AD'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.


Stara Planina Holding AD's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

* The bar in red indicates where Stara Planina Holding AD's Cyclically Adjusted Price-to-FCF falls into.


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Stara Planina Holding AD 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, Stara Planina Holding AD's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.683/133.0289*133.0289
=0.683

Current CPI (Sep. 2024) = 133.0289.

Stara Planina Holding AD Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.429 100.428 0.568
201412 0.260 99.070 0.349
201503 0.519 99.621 0.693
201506 0.235 100.684 0.310
201509 0.220 100.392 0.292
201512 0.398 99.792 0.531
201603 0.135 100.470 0.179
201606 0.272 101.688 0.356
201609 0.397 101.861 0.518
201612 0.322 101.863 0.421
201703 0.123 102.862 0.159
201706 0.236 103.349 0.304
201709 0.223 104.136 0.285
201712 0.335 104.011 0.428
201803 0.132 105.290 0.167
201806 0.351 106.317 0.439
201809 0.331 106.507 0.413
201812 0.530 105.998 0.665
201903 -0.015 107.251 -0.019
201906 0.528 108.070 0.650
201909 0.123 108.329 0.151
201912 0.393 108.420 0.482
202003 -0.017 108.902 -0.021
202006 0.577 108.767 0.706
202009 0.358 109.815 0.434
202012 0.601 109.897 0.728
202106 0.000 114.631 0.000
202109 0.188 115.734 0.216
202112 0.214 117.630 0.242
202203 -0.245 121.301 -0.269
202206 0.523 125.017 0.557
202209 0.729 125.227 0.774
202212 0.530 125.222 0.563
202303 0.844 127.348 0.882
202306 0.367 128.729 0.379
202309 0.631 129.860 0.646
202312 0.630 129.419 0.648
202403 0.424 131.776 0.428
202406 0.284 132.554 0.285
202409 0.683 133.029 0.683

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


Stara Planina Holding AD  (XBUL:SPH) 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.

Stara Planina Holding AD's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8.20/1.66
=4.94

* 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 Stara Planina Holding AD was 9.15. The lowest was 4.82. And the median was 6.79.


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.


Stara Planina Holding AD Cyclically Adjusted FCF per Share Related Terms

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


Stara Planina Holding AD Business Description

Traded in Other Exchanges
N/A
Address
20, Frederic Joliot-Curie Street, 9th Floor, Sofia, BGR, 1113
Stara Planina Holding AD is a holding company. The company is engaged in the acquisition, management, evaluation, and sale of shareholdings in Bulgarian and foreign companies; acquisition, management, and sale of bonds, evaluation and sale of patents, transfer of licenses for the use of patents, belonging to companies where the holding company has participation; financing companies where the holding company has participations; other commercial operations, except those prohibited by law. The investment portfolio of the holding is distributed mainly in the following industries, Machine Building; Electrical Engineering, Light Industry, and Financial.