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Euroseas (Euroseas) Cyclically Adjusted Price-to-FCF : (As of Jun. 19, 2024)


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What is Euroseas Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Euroseas Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Euroseas'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.

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Euroseas Cyclically Adjusted Price-to-FCF Chart

Euroseas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Euroseas Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Euroseas's Cyclically Adjusted Price-to-FCF

For the Marine Shipping subindustry, Euroseas'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.


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

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

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



Euroseas 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.

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

For example, Euroseas'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)
=-3.161/117.2848*117.2848
=-3.161

Current CPI (Mar. 2024) = 117.2848.

Euroseas Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -27.743 103.060 -31.572
201409 -3.022 102.624 -3.454
201412 -7.328 100.254 -8.573
201503 -10.600 100.549 -12.364
201506 0.177 100.838 0.206
201509 -3.914 100.856 -4.552
201512 -8.180 100.087 -9.586
201603 -21.769 99.041 -25.779
201606 -0.987 100.121 -1.156
201609 -2.966 99.878 -3.483
201612 17.222 100.110 20.177
201703 -3.194 100.770 -3.717
201706 -0.632 101.138 -0.733
201709 -1.230 100.882 -1.430
201712 -12.986 100.762 -15.115
201803 1.902 100.534 2.219
201806 1.923 102.121 2.209
201809 -2.584 101.982 -2.972
201812 -2.158 101.330 -2.498
201903 -0.968 101.482 -1.119
201906 1.503 101.837 1.731
201909 0.643 101.906 0.740
201912 0.055 102.120 0.063
202003 0.337 101.479 0.389
202006 0.330 100.239 0.386
202009 -0.432 99.886 -0.507
202012 0.083 99.751 0.098
202103 0.913 99.817 1.073
202106 1.132 101.270 1.311
202109 0.283 102.095 0.325
202112 -5.188 104.853 -5.803
202203 4.071 108.651 4.394
202206 -4.512 113.517 -4.662
202209 2.534 114.371 2.599
202212 1.177 112.428 1.228
202303 -2.146 113.620 -2.215
202306 -0.493 115.515 -0.501
202309 2.217 116.234 2.237
202312 3.015 116.364 3.039
202403 -3.161 117.285 -3.161

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.


Euroseas  (NAS:ESEA) 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.


Euroseas Cyclically Adjusted Price-to-FCF Related Terms

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Euroseas (Euroseas) Business Description

Industry
Traded in Other Exchanges
Address
4 Messogiou and Evropis Street, Maroussi, GRC, 151 24
Euroseas Ltd is a shipping company. Its fleet consists of containerships that transport container boxes providing scheduled service between ports. Its operations are managed by an affiliated ship management company, which is responsible for the day-to-day commercial and technical management and operations of the vessels. The company employs its vessels on spot and period charters and through pool arrangements.

Euroseas (Euroseas) Headlines

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