GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cleanspark Inc (FRA:3UX) » Definitions » Cyclically Adjusted Price-to-FCF

Cleanspark (FRA:3UX) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Cleanspark Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cleanspark Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cleanspark'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.

Cleanspark Cyclically Adjusted Price-to-FCF Chart

Cleanspark Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Cleanspark 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 - - - - -

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

For the Capital Markets subindustry, Cleanspark'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.


Cleanspark's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cleanspark's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Cleanspark 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.

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

For example, Cleanspark'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)
=-0.253/131.7762*131.7762
=-0.253

Current CPI (Mar. 2024) = 131.7762.

Cleanspark Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.012 100.560 -0.016
201409 -0.031 100.428 -0.041
201412 -0.051 99.070 -0.068
201503 -0.039 99.621 -0.052
201506 -0.019 100.684 -0.025
201509 -0.016 100.392 -0.021
201512 -0.036 99.792 -0.048
201603 -0.032 100.470 -0.042
201606 -0.030 101.688 -0.039
201609 -0.076 101.861 -0.098
201612 -0.105 101.863 -0.136
201703 -0.127 102.862 -0.163
201706 -0.084 103.349 -0.107
201709 -0.104 104.136 -0.132
201712 -0.101 104.011 -0.128
201803 -0.094 105.290 -0.118
201806 -0.097 106.317 -0.120
201809 -0.118 106.507 -0.146
201812 -0.189 105.998 -0.235
201903 -0.446 107.251 -0.548
201906 -0.706 108.070 -0.861
201909 0.004 108.329 0.005
201912 -0.168 108.420 -0.204
202003 -0.084 108.902 -0.102
202006 -0.193 108.767 -0.234
202009 -0.145 109.815 -0.174
202012 -0.359 109.897 -0.430
202103 -0.357 111.754 -0.421
202106 -1.574 114.631 -1.809
202109 -3.916 115.734 -4.459
202112 -0.227 117.630 -0.254
202203 0.622 121.301 0.676
202206 0.055 125.017 0.058
202209 -2.974 125.227 -3.130
202212 0.002 125.222 0.002
202303 -0.117 127.348 -0.121
202306 -0.166 128.729 -0.170
202309 -1.899 129.860 -1.927
202312 -0.343 129.419 -0.349
202403 -0.253 131.776 -0.253

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.


Cleanspark  (FRA:3UX) 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.


Cleanspark Cyclically Adjusted Price-to-FCF Related Terms

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


Cleanspark (FRA:3UX) Business Description

Traded in Other Exchanges
Address
2370 Corporate Circle, Suite 160, Henderson, NV, USA, 89074
Cleanspark Inc is a bitcoin mining company. Through CleanSpark, Inc., and the Company's wholly owned subsidiaries, the company mines bitcoin. The company entered the bitcoin mining industry through its acquisition of ATL. Bitcoin mining is the sole reportable segment of the company.

Cleanspark (FRA:3UX) Headlines

No Headlines