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AVP (AVPI) Cyclically Adjusted Price-to-FCF : (As of Jun. 12, 2024)


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What is AVP Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


AVP Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AVP'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.

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AVP Cyclically Adjusted Price-to-FCF Chart

AVP Annual Data
Trend Apr98 Apr99 Apr00 Apr01 Apr02 Apr03 Apr04 Dec05 Dec06 Dec07
Cyclically Adjusted Price-to-FCF
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AVP Quarterly Data
Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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Competitive Comparison of AVP's Cyclically Adjusted Price-to-FCF

For the Entertainment subindustry, AVP'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.


AVP's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AVP's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



AVP 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.

AVP's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2008 is calculated as:

For example, AVP's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2008 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2008 (Change)*Current CPI (Sep. 2008)
=-0.068/92.3069*92.3069
=-0.068

Current CPI (Sep. 2008) = 92.3069.

AVP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
199810 0.020 69.193 0.027
199901 0.020 69.320 0.027
199904 1.042 70.122 1.372
199907 -0.034 70.333 -0.045
199910 0.038 70.965 0.049
200001 -0.004 71.219 -0.005
200004 -0.304 72.273 -0.388
200007 -0.055 72.906 -0.070
200010 -0.101 73.413 -0.127
200101 -0.383 73.877 -0.479
200104 -0.570 74.636 -0.705
200107 -0.274 74.889 -0.338
200110 -0.068 74.974 -0.084
200201 -0.027 74.720 -0.033
200204 -0.137 75.860 -0.167
200207 -0.017 75.986 -0.021
200210 -0.008 76.492 -0.010
200301 0.000 76.661 0.000
200304 0.000 77.547 0.000
200307 0.000 77.589 0.000
200310 -0.289 78.054 -0.342
200401 0.163 78.138 0.193
200404 -0.342 79.319 -0.398
200407 -0.098 79.910 -0.113
200410 -0.099 80.543 -0.113
200501 -0.006 80.458 -0.007
200506 -0.040 82.062 -0.045
200509 -0.252 83.876 -0.277
200512 -0.045 83.032 -0.050
200603 -0.006 84.298 -0.007
200606 0.031 85.606 0.033
200609 -0.093 85.606 -0.100
200612 0.059 85.142 0.064
200703 0.140 86.640 0.149
200706 -0.065 87.906 -0.068
200709 -0.119 87.964 -0.125
200712 -0.073 88.616 -0.076
200803 0.062 90.090 0.064
200806 -0.098 92.320 -0.098
200809 -0.068 92.307 -0.068

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.


AVP  (OTCPK:AVPI) 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.


AVP Cyclically Adjusted Price-to-FCF Related Terms

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


AVP (AVPI) Business Description

Traded in Other Exchanges
N/A
Address
1187 Coast Village Road, Suite 319, Santa Barbara, CA, USA, 93108
AVP Inc owns and operates professional beach volleyball tournaments in the United States. The company's tournaments include FIVB Huntington Beach Open, King of the Court Series and AVP Gold Series Standings.
Executives
Diker Management Llc 10 percent owner 570 LEXINGTON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Leonard Armato director, officer: Chief Executive Officer ASSOCIATION OF VOLLEYBALL PROFESSIONALS, 6100 CENTER DRIVE, 9TH FLOOR, LOS ANGELES CA 90045
Stephen D Royer 10 percent owner
Kathy P Vrabeck director 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
William J Chardavoyne director 3100 OCEAN PARK BLVD, STE 1000, SANTA MONICA CA 90405
Jack F Kemp director 1701 PENNSYLVANIA AVE NW, WASHINGTON DC 20006-2805
Scott Painter director ASSOCIATION OF VOLLEYBALL PROFESSIONALS, 6100 CENTER DRIVE, 9TH FLOOR, LOS ANGELES CA 90045
Amtrust International Insurance Ltd 10 percent owner SUITE 102 WASHINGTON MALL, 7 REID STREET, HAMILTON D0 HM11
Twenty-first Century Fox, Inc. 10 percent owner 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Michael Roth 10 percent owner 3600 SOUTH LAKE DRIVE, ST. FRANCIS WI 53235
Brian Jay Stark 10 percent owner 3600 SOUTH LAKE DRIVE, ST. FRANCIS WI 53235

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