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Azevedo E Travassos (BSP:AZEV4) Cyclically Adjusted Price-to-FCF : (As of May. 18, 2024)


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What is Azevedo E Travassos Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Azevedo E Travassos Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Azevedo E Travassos'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.

Azevedo E Travassos Cyclically Adjusted Price-to-FCF Chart

Azevedo E Travassos 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 - 13.96 26.08 - -

Azevedo E Travassos Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - 28.63 - - -

Competitive Comparison of Azevedo E Travassos's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Azevedo E Travassos'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.


Azevedo E Travassos's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



Azevedo E Travassos 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.

Azevedo E Travassos's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Azevedo E Travassos's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.143/157.1481*157.1481
=-0.143

Current CPI (Dec. 2023) = 157.1481.

Azevedo E Travassos Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.396 90.447 0.688
201406 0.448 91.838 0.767
201409 0.779 92.602 1.322
201412 -0.410 94.194 -0.684
201503 -0.734 97.799 -1.179
201506 0.495 100.006 0.778
201509 -0.122 101.392 -0.189
201512 -0.009 104.247 -0.014
201603 0.174 106.979 0.256
201606 -0.338 108.851 -0.488
201609 0.044 109.986 0.063
201612 -1.531 110.802 -2.171
201703 -0.042 111.869 -0.059
201706 -0.150 112.115 -0.210
201709 -0.055 112.777 -0.077
201712 -0.155 114.068 -0.214
201803 0.090 114.868 0.123
201806 0.592 117.038 0.795
201809 -0.148 117.881 -0.197
201812 -0.040 118.340 -0.053
201903 -0.087 120.124 -0.114
201906 0.072 120.977 0.094
201909 0.017 121.292 0.022
201912 0.120 123.436 0.153
202003 -0.002 124.092 -0.003
202006 0.001 123.557 0.001
202009 0.275 125.095 0.345
202012 0.232 129.012 0.283
202103 -0.148 131.660 -0.177
202106 0.063 133.871 0.074
202109 1.769 137.913 2.016
202112 -1.854 141.992 -2.052
202203 -0.237 146.537 -0.254
202206 -0.033 149.784 -0.035
202209 -0.967 147.800 -1.028
202212 0.319 150.207 0.334
202303 0.007 153.352 0.007
202306 -0.149 154.519 -0.152
202309 -0.585 155.464 -0.591
202312 -0.143 157.148 -0.143

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.


Azevedo E Travassos  (BSP:AZEV4) 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.


Azevedo E Travassos Cyclically Adjusted Price-to-FCF Related Terms

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


Azevedo E Travassos (BSP:AZEV4) Business Description

Traded in Other Exchanges
Address
Avenida das Nacoes Unidas, 12901, North Tower, 21st floor, Sao Paulo, SP, BRA, 2102
Azevedo E Travassos SA is an engineering and construction contractor. The company's business areas include heavy and civil construction; electromechanical assembly; well drilling and completion; property development and oil exploration and production. It builds highways, roads, bridges, airports, residential, commercial, industrial health care and buildings, and others.

Azevedo E Travassos (BSP:AZEV4) Headlines

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