GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Thessaloniki Port Authority SA (ATH:OLTH) » Definitions » Cyclically Adjusted Price-to-FCF

Thessaloniki Port Authority (ATH:OLTH) Cyclically Adjusted Price-to-FCF : 14.97 (As of May. 31, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Thessaloniki Port Authority Cyclically Adjusted Price-to-FCF?

As of today (2024-05-31), Thessaloniki Port Authority's current share price is €22.00. Thessaloniki Port Authority's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 was €1.47. Thessaloniki Port Authority's Cyclically Adjusted Price-to-FCF for today is 14.97.

The historical rank and industry rank for Thessaloniki Port Authority's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ATH:OLTH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.63   Med: 18.72   Max: 32.02
Current: 14.65

During the past 13 years, Thessaloniki Port Authority's highest Cyclically Adjusted Price-to-FCF was 32.02. The lowest was 14.63. And the median was 18.72.

ATH:OLTH's Cyclically Adjusted Price-to-FCF is ranked better than
57.11% of 429 companies
in the Transportation industry
Industry Median: 18.15 vs ATH:OLTH: 14.65

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.

Thessaloniki Port Authority's adjusted free cash flow per share data of for the fiscal year that ended in Dec22 was €0.580. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €1.47 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thessaloniki Port Authority Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Thessaloniki Port Authority'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.

Thessaloniki Port Authority Cyclically Adjusted Price-to-FCF Chart

Thessaloniki Port Authority Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.44 22.30 18.77 16.94 15.46

Thessaloniki Port Authority Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 16.94 - 15.46 -

Competitive Comparison of Thessaloniki Port Authority's Cyclically Adjusted Price-to-FCF

For the Marine Shipping subindustry, Thessaloniki Port Authority'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.


Thessaloniki Port Authority's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Thessaloniki Port Authority's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Thessaloniki Port Authority 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.

Thessaloniki Port Authority's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=22.00/1.47
=14.97

* 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.

Thessaloniki Port Authority's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Thessaloniki Port Authority's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.58/112.4277*112.4277
=0.580

Current CPI (Dec22) = 112.4277.

Thessaloniki Port Authority Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 1.605 102.937 1.753
201412 2.007 100.254 2.251
201512 0.557 100.087 0.626
201612 1.425 100.110 1.600
201712 1.806 100.762 2.015
201812 1.408 101.330 1.562
201912 0.969 102.120 1.067
202012 1.703 99.751 1.919
202112 1.218 104.853 1.306
202212 0.580 112.428 0.580

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.


Thessaloniki Port Authority  (ATH:OLTH) 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.


Thessaloniki Port Authority Cyclically Adjusted Price-to-FCF Related Terms

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


Thessaloniki Port Authority (ATH:OLTH) Business Description

Traded in Other Exchanges
Address
?'provlita Limenos Thessalonikis, P.O. B?x 10467, Thessaloniki, GRC, 54110
Thessaloniki Port Authority SA is a shipping company based in Greece. It manages the port of Thessaloniki and provides ship berthing, anchoring, mooring, loading, unloading and cargo handling and passenger services along with add-on services like water, electricity, telephone connections, The company's operational areas are categorized into four, which are vessels, containers, event halls and parking services. Most of its revenues are obtained from its container and vessel operations catering to industries, shipping agents, container transportation companies, and freight transport companies. The Event halls are another aspect of its service area, wherein the company provides premises to host multipurpose activities.

Thessaloniki Port Authority (ATH:OLTH) Headlines

No Headlines