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Tivoli Construction (BOM:511096) Cyclically Adjusted Price-to-FCF : (As of May. 28, 2024)


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What is Tivoli Construction Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tivoli Construction Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tivoli Construction'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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Tivoli Construction Cyclically Adjusted Price-to-FCF Chart

Tivoli Construction Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Tivoli Construction Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Tivoli Construction's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Tivoli Construction'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.


Tivoli Construction's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



Tivoli Construction 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.

Tivoli Construction's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Tivoli Construction's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=-2.952/146.8646*146.8646
=-2.952

Current CPI (Mar23) = 146.8646.

Tivoli Construction Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.412 91.425 -0.662
201503 0.170 97.163 0.257
201603 -1.529 102.518 -2.190
201703 -1.436 105.196 -2.005
201803 -1.664 109.786 -2.226
201903 -2.100 118.202 -2.609
202003 -2.688 124.705 -3.166
202103 -2.650 131.771 -2.954
202203 -2.556 138.822 -2.704
202303 -2.952 146.865 -2.952

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.


Tivoli Construction  (BOM:511096) 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.


Tivoli Construction Cyclically Adjusted Price-to-FCF Related Terms

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Tivoli Construction (BOM:511096) Business Description

Traded in Other Exchanges
N/A
Address
Linking Road and Main Avenue, 12th Floor, Nariman Point, Raheja Chambers, Santacruz - (West), Mumbai, MH, IND, 400 054
Tivoli Construction Ltd is engaged in the business of construction.

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