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FutureFuel (FRA:3FF) Cyclically Adjusted Price-to-FCF : 3.39 (As of Jun. 06, 2024)


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What is FutureFuel Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), FutureFuel's current share price is €4.04. FutureFuel's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.19. FutureFuel's Cyclically Adjusted Price-to-FCF for today is 3.39.

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

FRA:3FF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.32   Med: 10.51   Max: 21.89
Current: 3.46

During the past years, FutureFuel's highest Cyclically Adjusted Price-to-FCF was 21.89. The lowest was 3.32. And the median was 10.51.

FRA:3FF's Cyclically Adjusted Price-to-FCF is ranked better than
96.35% of 576 companies
in the Chemicals industry
Industry Median: 24.635 vs FRA:3FF: 3.46

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.

FutureFuel's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.304. 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 €1.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


FutureFuel Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for FutureFuel'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.

FutureFuel Cyclically Adjusted Price-to-FCF Chart

FutureFuel 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 11.28 9.76 5.43 5.68 4.40

FutureFuel 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 5.23 6.81 5.27 4.40 6.26

Competitive Comparison of FutureFuel's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, FutureFuel'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.


FutureFuel's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, FutureFuel's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



FutureFuel 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.04/1.19
=3.39

* 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.

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

For example, FutureFuel'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)
=-0.304/131.7762*131.7762
=-0.304

Current CPI (Mar. 2024) = 131.7762.

FutureFuel Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.535 100.560 -0.701
201409 0.405 100.428 0.531
201412 0.449 99.070 0.597
201503 0.821 99.621 1.086
201506 -0.194 100.684 -0.254
201509 0.480 100.392 0.630
201512 -0.453 99.792 -0.598
201603 0.006 100.470 0.008
201606 0.889 101.688 1.152
201609 0.613 101.861 0.793
201612 0.276 101.863 0.357
201703 0.158 102.862 0.202
201706 0.385 103.349 0.491
201709 0.145 104.136 0.183
201712 0.037 104.011 0.047
201803 0.063 105.290 0.079
201806 1.191 106.317 1.476
201809 0.232 106.507 0.287
201812 0.094 105.998 0.117
201903 -0.112 107.251 -0.138
201906 0.291 108.070 0.355
201909 0.194 108.329 0.236
201912 0.194 108.420 0.236
202003 0.050 108.902 0.061
202006 1.604 108.767 1.943
202009 -0.167 109.815 -0.200
202012 0.359 109.897 0.430
202103 -0.278 111.754 -0.328
202106 0.221 114.631 0.254
202109 0.427 115.734 0.486
202112 0.475 117.630 0.532
202203 -0.240 121.301 -0.261
202206 0.167 125.017 0.176
202209 1.021 125.227 1.074
202212 0.156 125.222 0.164
202303 -0.689 127.348 -0.713
202306 -0.259 128.729 -0.265
202309 1.028 129.860 1.043
202312 0.248 129.419 0.253
202403 -0.304 131.776 -0.304

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.


FutureFuel  (FRA:3FF) 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.


FutureFuel Cyclically Adjusted Price-to-FCF Related Terms

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


FutureFuel (FRA:3FF) Business Description

Industry
Traded in Other Exchanges
Address
8235 Forsyth Boulevard, Suite 400, Saint Louis, MO, USA, 63105
FutureFuel Corp makes and sells diversified chemical products, bio-based fuel products, and specialty chemical products. The company is organized into two segments based on product type: biofuels and chemicals. The biofuel segment sells biodiesel and other petroleum products. Its fuels are made from a mix of diesel, vegetable oils, and grease feedstock. The chemicals segment sells products that are used in the production of agricultural chemicals, which include herbicides, coatings, and cleaning products, such as detergents.

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