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Comcm Constanta (BSE:CMCM) Cyclically Adjusted Price-to-FCF : 36.80 (As of Jun. 11, 2024)


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What is Comcm Constanta Cyclically Adjusted Price-to-FCF?

As of today (2024-06-11), Comcm Constanta's current share price is lei0.368. Comcm Constanta's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2023 was lei0.01. Comcm Constanta's Cyclically Adjusted Price-to-FCF for today is 36.80.

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

BSE:CMCM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.8   Med: 22.4   Max: 296
Current: 33.35

During the past years, Comcm Constanta's highest Cyclically Adjusted Price-to-FCF was 296.00. The lowest was 6.80. And the median was 22.40.

BSE:CMCM's Cyclically Adjusted Price-to-FCF is ranked worse than
72.77% of 584 companies
in the Construction industry
Industry Median: 17.7 vs BSE:CMCM: 33.35

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.

Comcm Constanta's adjusted free cash flow per share data for the three months ended in Mar. 2023 was lei-0.102. 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 lei0.01 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Comcm Constanta Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Comcm Constanta'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.

Comcm Constanta Cyclically Adjusted Price-to-FCF Chart

Comcm Constanta Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 7.23 -

Comcm Constanta Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - 7.23 28.33 -

Competitive Comparison of Comcm Constanta's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Comcm Constanta'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.


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

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

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



Comcm Constanta 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.

Comcm Constanta's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.368/0.01
=36.80

* 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.

Comcm Constanta's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Comcm Constanta's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-0.102/127.3478*127.3478
=-0.102

Current CPI (Mar. 2023) = 127.3478.

Comcm Constanta Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 0.000 98.518 0.000
201309 0.000 98.790 0.000
201312 0.000 98.326 0.000
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 0.000 101.863 0.000
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 0.000 104.011 0.000
201803 0.000 105.290 0.000
201806 0.000 106.317 0.000
201809 0.000 106.507 0.000
201812 0.000 105.998 0.000
201903 -0.003 107.251 -0.004
201906 0.003 108.070 0.004
201909 -0.002 108.329 -0.002
201912 0.000 108.420 0.000
202003 -0.003 108.902 -0.004
202006 0.002 108.767 0.002
202009 -0.005 109.815 -0.006
202012 -0.001 109.897 -0.001
202103 -0.003 111.754 -0.003
202106 -0.003 114.631 -0.003
202109 0.004 115.734 0.004
202112 -0.013 117.630 -0.014
202203 -0.003 121.301 -0.003
202206 0.000 125.017 0.000
202209 -0.008 125.227 -0.008
202212 0.179 125.222 0.182
202303 -0.102 127.348 -0.102

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.


Comcm Constanta  (BSE:CMCM) 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.


Comcm Constanta Cyclically Adjusted Price-to-FCF Related Terms

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


Comcm Constanta (BSE:CMCM) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Bulevardul Aurel Vlaicu 144, Constanta, ROU, 900498
Comcm SA Constanta is engaged in the manufacture of concrete, and as auxiliary activities: industrial production for constructions, civil constructions of quarry products, rebars, and prefabricated products. As civil engineering and industrial construction activities. Its main activity is the rental of machinery, but also the extraction and sorting of sand.