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Hexagon Composites ASA (FRA:2HX) Cyclically Adjusted Price-to-FCF : (As of Jan. 18, 2025)


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What is Hexagon Composites ASA Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hexagon Composites ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hexagon Composites 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.

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Hexagon Composites ASA Cyclically Adjusted Price-to-FCF Chart

Hexagon Composites 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 25.34 39.17 42.85 136.22 -

Hexagon Composites ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

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

For the Packaging & Containers subindustry, Hexagon Composites 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.


Hexagon Composites ASA's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Hexagon Composites ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Hexagon Composites 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.

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

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.03/133.7000*133.7000
=-0.030

Current CPI (Sep. 2024) = 133.7000.

Hexagon Composites ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.121 98.600 0.164
201503 -0.047 99.200 -0.063
201506 0.017 100.100 0.023
201509 0.027 100.600 0.036
201512 0.036 100.900 0.048
201603 0.042 102.500 0.055
201606 -0.034 103.800 -0.044
201609 0.000 104.200 0.000
201612 -0.003 104.400 -0.004
201703 -0.038 105.000 -0.048
201706 0.023 105.800 0.029
201709 0.057 105.900 0.072
201712 0.018 106.100 0.023
201803 0.040 107.300 0.050
201806 0.001 108.500 0.001
201809 -0.019 109.500 -0.023
201812 0.068 109.800 0.083
201903 -0.019 110.400 -0.023
201906 -0.014 110.600 -0.017
201909 0.049 111.100 0.059
201912 0.092 111.300 0.111
202003 -0.023 111.200 -0.028
202006 -0.003 112.100 -0.004
202009 0.012 112.900 0.014
202012 0.109 112.900 0.129
202103 -0.156 114.600 -0.182
202106 0.000 115.300 0.000
202109 -0.112 117.500 -0.127
202112 -0.123 118.900 -0.138
202203 -0.067 119.800 -0.075
202206 -0.181 122.600 -0.197
202209 -0.021 125.600 -0.022
202212 -0.043 125.900 -0.046
202303 -0.081 127.600 -0.085
202306 -0.061 130.400 -0.063
202309 0.032 129.800 0.033
202312 0.060 131.900 0.061
202403 -0.066 132.600 -0.067
202406 -0.054 133.800 -0.054
202409 -0.030 133.700 -0.030

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.


Hexagon Composites ASA  (FRA:2HX) 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.


Hexagon Composites ASA Cyclically Adjusted Price-to-FCF Related Terms

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


Hexagon Composites ASA Business Description

Traded in Other Exchanges
Address
Korsegata 4B, P.O. Box 836, Sentrum, Aalesund, NOR, 6002
Hexagon Composites ASA is a supplier of clean energy technology for gas storage, distribution, fuel systems, and drivetrains. Its operating segments are Hexagon Agility & CNG LDV, Hexagon Purus, Hexagon Digital Wave, and Hexagon Ragasco LPG. Hexagon Agility & CNG LDV segment offers natural gas fuel systems and delivery solutions for the mobility market. Hexagon Purus is a provider of technology needed for zero-emission mobility. The Hexagon Digital Wave segment offers cylinder testing and monitoring technology. Hexagon Ragasco LPG segment is a manufacturer of composite LPG cylinders. It operates through Europe, North America, Southeast Asia, the Middle East, and Norway geographic regions.

Hexagon Composites ASA Headlines

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