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AMSC ASA (CHIX:AMSCO) Cyclically Adjusted Price-to-FCF : 4.29 (As of Jun. 08, 2024)


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What is AMSC ASA Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), AMSC ASA's current share price is kr46.70. AMSC ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr10.89. AMSC ASA's Cyclically Adjusted Price-to-FCF for today is 4.29.

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

CHIX:AMSCo' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.2   Med: 4.04   Max: 6.35
Current: 5.1

During the past years, AMSC ASA's highest Cyclically Adjusted Price-to-FCF was 6.35. The lowest was 2.20. And the median was 4.04.

CHIX:AMSCo's Cyclically Adjusted Price-to-FCF is ranked better than
87.88% of 429 companies
in the Transportation industry
Industry Median: 17.7 vs CHIX:AMSCo: 5.10

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.

AMSC ASA's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr-0.051. 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 kr10.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AMSC ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AMSC ASA'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.

AMSC ASA Cyclically Adjusted Price-to-FCF Chart

AMSC ASA 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 4.07 3.69 4.01 5.87 4.17

AMSC ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.75 5.33 5.77 4.17 4.29

Competitive Comparison of AMSC ASA's Cyclically Adjusted Price-to-FCF

For the Marine Shipping subindustry, AMSC ASA'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.


AMSC ASA's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, AMSC ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



AMSC ASA 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.

AMSC ASA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=46.70/10.89
=4.29

* 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.

AMSC ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, AMSC ASA's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.051/132.6000*132.6000
=-0.051

Current CPI (Mar. 2024) = 132.6000.

AMSC ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.922 97.500 1.254
201409 0.994 98.500 1.338
201412 1.718 98.600 2.310
201503 1.429 99.200 1.910
201506 1.491 100.100 1.975
201509 1.833 100.600 2.416
201512 2.619 100.900 3.442
201603 1.948 102.500 2.520
201606 1.996 103.800 2.550
201609 0.920 104.200 1.171
201612 3.226 104.400 4.097
201703 1.554 105.000 1.962
201706 2.082 105.800 2.609
201709 0.806 105.900 1.009
201712 2.467 106.100 3.083
201803 0.764 107.300 0.944
201806 2.382 108.500 2.911
201809 0.995 109.500 1.205
201812 2.723 109.800 3.288
201903 0.214 110.400 0.257
201906 2.475 110.600 2.967
201909 1.308 111.100 1.561
201912 1.228 111.300 1.463
202003 0.906 111.200 1.080
202006 2.827 112.100 3.344
202009 0.211 112.900 0.248
202012 2.236 112.900 2.626
202103 2.173 114.600 2.514
202106 2.079 115.300 2.391
202109 1.379 117.500 1.556
202112 2.863 118.900 3.193
202203 1.372 119.800 1.519
202206 3.197 122.600 3.458
202209 -3.374 125.600 -3.562
202212 -2.220 125.900 -2.338
202303 -0.238 127.600 -0.247
202306 4.403 130.400 4.477
202309 -0.271 129.800 -0.277
202312 -4.784 131.900 -4.809
202403 -0.051 132.600 -0.051

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.


AMSC ASA  (CHIX:AMSCo) 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.


AMSC ASA Cyclically Adjusted Price-to-FCF Related Terms

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


AMSC ASA (CHIX:AMSCO) Business Description

Industry
Traded in Other Exchanges
Address
Oksenoyveien 10, Building B, Lysaker, Baerum, NOR, 1366
AMSC ASA is a ship finance company focused on owning and bareboat chartering maritime assets. The company owns a fleet of nine modern handy size product tankers, one modern handy size shuttle tanker and an international subsea construction vessel. AMSC charters its vessels on long term bareboat charters that provide stable, predictable cash flow. Its operating segment includes U.S Jones Act Tankers and Offshore.

AMSC ASA (CHIX:AMSCO) Headlines

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