GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ISGEC Heavy Engineering Ltd (BOM:533033) » Definitions » Cyclically Adjusted Price-to-FCF

ISGEC Heavy Engineering (BOM:533033) Cyclically Adjusted Price-to-FCF : (As of Dec. 12, 2024)


View and export this data going back to 2008. Start your Free Trial

What is ISGEC Heavy Engineering Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


ISGEC Heavy Engineering Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ISGEC Heavy Engineering'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.

ISGEC Heavy Engineering Cyclically Adjusted Price-to-FCF Chart

ISGEC Heavy Engineering Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 146.26 2,573.72 - - -

ISGEC Heavy Engineering Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Competitive Comparison of ISGEC Heavy Engineering's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, ISGEC Heavy Engineering'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.


ISGEC Heavy Engineering's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ISGEC Heavy Engineering's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



ISGEC Heavy Engineering 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.

ISGEC Heavy Engineering's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, ISGEC Heavy Engineering's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=66.648/153.0345*153.0345
=66.648

Current CPI (Mar24) = 153.0345.

ISGEC Heavy Engineering Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 24.036 97.163 37.857
201603 -1.628 102.518 -2.430
201703 19.565 105.196 28.462
201803 -0.259 109.786 -0.361
201903 -49.428 118.202 -63.994
202003 -45.169 124.705 -55.430
202103 -2.099 131.771 -2.438
202203 -18.501 138.822 -20.395
202303 6.779 146.865 7.064
202403 66.648 153.035 66.648

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.


ISGEC Heavy Engineering  (BOM:533033) 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.


ISGEC Heavy Engineering Cyclically Adjusted Price-to-FCF Related Terms

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


ISGEC Heavy Engineering Business Description

Traded in Other Exchanges
Address
A-4, Sector 24, Noida, UP, IND, 201301
ISGEC Heavy Engineering Ltd is an India-based company that provides diversified engineering products and services. The company is divided into two segments. The Manufacturing of Machinery & Equipment segment generates revenue based on orders for process plant equipment, presses, castings, boiler components, and liquified gas containers. The Engineering, Procurement & Construction segment which derives maximum revenue, generates it based on contract manufacturing and execution of projects for setting up sugar plants, power plants, boilers, buildings, factories, and others. The company earns the larger part of its revenue in India and the rest from international markets through countries like Nigeria, Vietnam, Morocco, Bangladesh, and others.

ISGEC Heavy Engineering Headlines

No Headlines