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Aluminium du Maroc (CAS:ALM) Cyclically Adjusted Price-to-FCF : 93.57 (As of Jun. 18, 2024)


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What is Aluminium du Maroc Cyclically Adjusted Price-to-FCF?

As of today (2024-06-18), Aluminium du Maroc's current share price is MAD1529.00. Aluminium du Maroc's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was MAD16.34. Aluminium du Maroc's Cyclically Adjusted Price-to-FCF for today is 93.57.

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

CAS:ALM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 80.84   Med: 87.15   Max: 96.21
Current: 93.56

During the past 12 years, Aluminium du Maroc's highest Cyclically Adjusted Price-to-FCF was 96.21. The lowest was 80.84. And the median was 87.15.

CAS:ALM's Cyclically Adjusted Price-to-FCF is ranked worse than
87.1% of 248 companies
in the Metals & Mining industry
Industry Median: 19.765 vs CAS:ALM: 93.56

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.

Aluminium du Maroc's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was MAD538.255. 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 MAD16.34 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aluminium du Maroc Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aluminium du Maroc'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.

Aluminium du Maroc Cyclically Adjusted Price-to-FCF Chart

Aluminium du Maroc 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 - - - - 83.77

Aluminium du Maroc Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - - - - 83.77

Competitive Comparison of Aluminium du Maroc's Cyclically Adjusted Price-to-FCF

For the Aluminum subindustry, Aluminium du Maroc'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.


Aluminium du Maroc's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aluminium du Maroc's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Aluminium du Maroc 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.

Aluminium du Maroc's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1529.00/16.34
=93.57

* 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.

Aluminium du Maroc's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Aluminium du Maroc's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=538.255/129.4194*129.4194
=538.255

Current CPI (Dec23) = 129.4194.

Aluminium du Maroc Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.000 99.070 0.000
201512 0.000 99.792 0.000
201612 0.000 101.863 0.000
201712 0.000 104.011 0.000
201812 0.000 105.998 0.000
201912 -198.955 108.420 -237.490
202012 248.632 109.897 292.800
202112 -171.692 117.630 -188.901
202212 -312.480 125.222 -322.955
202312 538.255 129.419 538.255

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.


Aluminium du Maroc  (CAS:ALM) 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.


Aluminium du Maroc Cyclically Adjusted Price-to-FCF Related Terms

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


Aluminium du Maroc (CAS:ALM) Business Description

Traded in Other Exchanges
N/A
Address
Industrial Zone - Tetouan Road, BP 324, Tangier, MAR, 90000
Aluminium du Maroc is engaged in design and manufacture of aluminum alloy profiles for building and industry. The company's products portfolio includes sliders, doors, roofing, facades, pool barrier, strikes, bodyguards, shutters, and portals.

Aluminium du Maroc (CAS:ALM) Headlines

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