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Also Holding AG (CHIX:ALSNZ) Cyclically Adjusted Price-to-FCF : 20.40 (As of Jun. 20, 2024)


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What is Also Holding AG Cyclically Adjusted Price-to-FCF?

As of today (2024-06-20), Also Holding AG's current share price is CHF273.50. Also Holding AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was CHF13.41. Also Holding AG's Cyclically Adjusted Price-to-FCF for today is 20.40.

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

CHIX:ALSNz' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.51   Med: 17.39   Max: 62.59
Current: 20.3

During the past 13 years, Also Holding AG's highest Cyclically Adjusted Price-to-FCF was 62.59. The lowest was 9.51. And the median was 17.39.

CHIX:ALSNz's Cyclically Adjusted Price-to-FCF is ranked better than
64.6% of 966 companies
in the Hardware industry
Industry Median: 30.32 vs CHIX:ALSNz: 20.30

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.

Also Holding AG's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was CHF27.907. 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 CHF13.41 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Also Holding AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Also Holding AG'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.

Also Holding AG Cyclically Adjusted Price-to-FCF Chart

Also Holding AG 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 24.23 30.22 29.11 15.48 18.76

Also Holding AG Quarterly Data
Jun14 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 29.11 - 15.48 - 18.76

Competitive Comparison of Also Holding AG's Cyclically Adjusted Price-to-FCF

For the Electronics & Computer Distribution subindustry, Also Holding AG'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.


Also Holding AG's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Also Holding AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Also Holding AG's Cyclically Adjusted Price-to-FCF falls into.



Also Holding AG 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.

Also Holding AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=273.50/13.41
=20.40

* 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.

Also Holding AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Also Holding AG'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)
=27.907/106.4612*106.4612
=27.907

Current CPI (Dec23) = 106.4612.

Also Holding AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 4.204 100.704 4.444
201512 2.227 99.386 2.386
201612 6.486 99.380 6.948
201712 7.241 100.213 7.692
201812 6.557 100.906 6.918
201912 25.600 101.063 26.967
202012 19.765 100.241 20.992
202112 22.712 101.776 23.758
202212 5.657 104.666 5.754
202312 27.907 106.461 27.907

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.


Also Holding AG  (CHIX:ALSNz) 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.


Also Holding AG Cyclically Adjusted Price-to-FCF Related Terms

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


Also Holding AG (CHIX:ALSNZ) Business Description

Industry
Traded in Other Exchanges
Address
Meierhofstrasse 5, Emmen, CHE, CH-6032
Also Holding AG is an information and communications technology distribution company. The industries it caters to include information technology, data centers, consumer electronics, and telecommunication predominantly in Switzerland. It also connects service providers of cloud solutions connect with their customers and aids the provision of financial, logistics and IT services. The company operates in two geographical segments namely, Central Europe and Northern/Eastern Europe.

Also Holding AG (CHIX:ALSNZ) Headlines

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