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Are Holdings (FRA:A19) Cyclically Adjusted Price-to-FCF : (As of Jun. 19, 2024)


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What is Are Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Are Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Are Holdings'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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Are Holdings Cyclically Adjusted Price-to-FCF Chart

Are Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
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Are Holdings 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 Are Holdings's Cyclically Adjusted Price-to-FCF

For the Waste Management subindustry, Are Holdings'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.


Are Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Are Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Are Holdings 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.

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

For example, Are Holdings'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)
=1.306/107.2000*107.2000
=1.306

Current CPI (Mar. 2024) = 107.2000.

Are Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 98.000 0.000
201409 0.000 98.500 0.000
201412 0.000 97.900 0.000
201503 0.000 97.900 0.000
201506 -0.105 98.400 -0.114
201509 0.504 98.500 0.549
201512 0.274 98.100 0.299
201603 0.798 97.900 0.874
201606 0.038 98.100 0.042
201609 -0.200 98.000 -0.219
201612 -0.483 98.400 -0.526
201703 0.688 98.100 0.752
201706 0.217 98.500 0.236
201709 0.100 98.800 0.109
201712 -1.328 99.400 -1.432
201803 -0.645 99.200 -0.697
201806 -0.209 99.200 -0.226
201809 0.566 99.900 0.607
201812 -2.757 99.700 -2.964
201903 -0.248 99.700 -0.267
201906 0.073 99.800 0.078
201909 -0.212 100.100 -0.227
201912 0.400 100.500 0.427
202003 -0.221 100.300 -0.236
202006 -0.370 99.900 -0.397
202009 -0.148 99.900 -0.159
202012 -0.998 99.300 -1.077
202103 -2.269 99.900 -2.435
202106 -0.432 99.500 -0.465
202109 0.658 100.100 0.705
202112 0.687 100.100 0.736
202203 -0.676 101.100 -0.717
202206 -0.251 101.800 -0.264
202209 0.414 103.100 0.430
202212 0.150 104.100 0.154
202303 2.491 104.400 2.558
202306 0.126 105.200 0.128
202309 0.475 106.200 0.479
202312 -1.582 106.800 -1.588
202403 1.306 107.200 1.306

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.


Are Holdings  (FRA:A19) 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.


Are Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Are Holdings (FRA:A19) Business Description

Industry
Traded in Other Exchanges
Address
Nissay Sannomiya Bldg., 4-4-17, Kano-cho, Chuo-ku, Kobe, JPN, 650-0001
Are Holdings Inc formerly Asahi Holdings Inc is operative in the Japanese waste management industry. The company's principal interest lies in the precious metals recycling activities. This segment deals with the recycling and sale of precious metals and rare metals, including gold, silver, palladium, platinum, and indium, which are refined from precious metal-containing scraps inclusive of electronic materials, dental materials, jewelry manufacture and automobile catalysts. Asahi's secondary line of business is responsible for the collection, transportation and intermediate treatment of industrial wastes, such as waste acids, waste alkalis, waste oil, sludge, waste drugs and infectious medical wastes.

Are Holdings (FRA:A19) Headlines

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