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Irisity AB (FRA:69M) Cyclically Adjusted Price-to-FCF : (As of Jun. 23, 2024)


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What is Irisity AB Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Irisity AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Irisity AB'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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Irisity AB Cyclically Adjusted Price-to-FCF Chart

Irisity AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Irisity AB 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 Irisity AB's Cyclically Adjusted Price-to-FCF

For the Security & Protection Services subindustry, Irisity AB'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.


Irisity AB's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Irisity AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Irisity AB 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.

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

For example, Irisity AB'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)
=-0.023/132.2054*132.2054
=-0.023

Current CPI (Mar. 2024) = 132.2054.

Irisity AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.024 100.432 -0.032
201409 0.007 100.161 0.009
201412 -0.010 100.225 -0.013
201503 -0.039 99.950 -0.052
201506 0.018 99.995 0.024
201509 0.046 100.228 0.061
201512 0.011 100.276 0.015
201603 -0.036 100.751 -0.047
201606 -0.001 101.019 -0.001
201609 0.053 101.138 0.069
201612 -0.061 102.022 -0.079
201703 -0.037 102.022 -0.048
201706 -0.001 102.752 -0.001
201709 -0.020 103.279 -0.026
201712 0.033 103.793 0.042
201803 -0.010 103.962 -0.013
201806 -0.017 104.875 -0.021
201809 -0.036 105.679 -0.045
201812 -0.004 105.912 -0.005
201903 -0.015 105.886 -0.019
201906 -0.005 106.742 -0.006
201909 0.003 107.214 0.004
201912 0.005 107.766 0.006
202003 -0.005 106.563 -0.006
202006 -0.008 107.498 -0.010
202009 -0.017 107.635 -0.021
202012 -0.011 108.296 -0.013
202103 -0.018 108.360 -0.022
202106 -0.021 108.928 -0.025
202109 -0.025 110.338 -0.030
202112 -0.029 112.486 -0.034
202203 -0.027 114.825 -0.031
202206 -0.047 118.384 -0.052
202209 -0.018 122.296 -0.019
202212 -0.009 126.365 -0.009
202303 -0.015 127.042 -0.016
202306 -0.022 129.407 -0.022
202309 -0.022 130.224 -0.022
202312 -0.028 131.912 -0.028
202403 -0.023 132.205 -0.023

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.


Irisity AB  (FRA:69M) 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.


Irisity AB Cyclically Adjusted Price-to-FCF Related Terms

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Irisity AB (FRA:69M) Business Description

Industry
Traded in Other Exchanges
Address
Lindholmspiren 7A, Gothenburg, SWE, 417 56
Irisity AB is a company involved in developing security solutions for surveillance. It offers its services comprising Night-time supervision, School Guard, Area Guard, and Construction Guard.

Irisity AB (FRA:69M) Headlines

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