GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Avante Corp (OTCPK:ALXXF) » Definitions » Cyclically Adjusted Price-to-FCF

Avante (Avante) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Avante Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Avante Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Avante's Cyclically Adjusted Price-to-FCF 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.

Avante Cyclically Adjusted Price-to-FCF Chart

Avante Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.27 - 77.85 32.57 146.62

Avante Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 - - 146.62 - -

Competitive Comparison of Avante's Cyclically Adjusted Price-to-FCF

For the Security & Protection Services subindustry, Avante'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.


Avante's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Avante's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Avante Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Avante's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Avante'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)
=0.007/125.4675*125.4675
=0.007

Current CPI (Dec. 2023) = 125.4675.

Avante Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.008 96.945 0.010
201403 0.058 98.604 0.074
201406 0.008 99.473 0.010
201409 -0.021 99.394 -0.027
201412 0.000 98.367 0.000
201503 0.047 99.789 0.059
201506 0.026 100.500 0.032
201509 -0.021 100.421 -0.026
201512 0.004 99.947 0.005
201603 0.008 101.054 0.010
201606 -0.002 102.002 -0.002
201609 0.007 101.765 0.009
201612 -0.003 101.449 -0.004
201703 0.057 102.634 0.070
201706 0.029 103.029 0.035
201709 0.031 103.345 0.038
201712 0.011 103.345 0.013
201803 0.025 105.004 0.030
201806 -0.025 105.557 -0.030
201809 -0.033 105.636 -0.039
201812 -0.115 105.399 -0.137
201903 -0.004 106.979 -0.005
201906 -0.057 107.690 -0.066
201909 0.027 107.611 0.031
201912 -0.111 107.769 -0.129
202003 -0.021 107.927 -0.024
202006 -0.037 108.401 -0.043
202009 0.090 108.164 0.104
202012 -0.031 108.559 -0.036
202103 0.119 110.298 0.135
202106 -0.018 111.720 -0.020
202109 -0.005 112.905 -0.006
202112 0.047 113.774 0.052
202203 0.023 117.646 0.025
202206 -0.307 120.806 -0.319
202209 -0.031 120.648 -0.032
202212 0.004 120.964 0.004
202303 0.183 122.702 0.187
202309 -0.056 125.230 -0.056
202312 0.007 125.468 0.007

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


Avante  (OTCPK:ALXXF) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Avante Cyclically Adjusted Price-to-FCF Related Terms

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


Avante (Avante) Business Description

Industry
Traded in Other Exchanges
Address
1959 Leslie Street, Toronto, ON, CAN, M3B 2M3
Avante Corp is engaged in the provision of security, monitoring, system integration, and technology solutions. Its operating segments are Avante security. Its products and services include residential and corporate security business: Avante control centre, monitoring, electronic building management, patrol and rapid response, intelligent perimeter protection, secure transport, international security travel advisory services, locksmith services, and smart home automation. It provides security services for residential and condominium customers in Toronto and Muskoka, Ontario through the use of technology and client service.