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Acinque SpA (FRA:YA2) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Acinque SpA Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acinque SpA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Acinque SpA'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.

Acinque SpA Cyclically Adjusted Price-to-FCF Chart

Acinque SpA 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 6.24 7.96 9.71 10.54 11.14

Acinque SpA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.54 11.76 11.22 12.46 11.14

Competitive Comparison of Acinque SpA's Cyclically Adjusted Price-to-FCF

For the Utilities - Diversified subindustry, Acinque SpA'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.


Acinque SpA's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Acinque SpA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Acinque SpA 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.

Acinque SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Acinque SpA's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.227/119.7000*119.7000
=0.227

Current CPI (Dec. 2023) = 119.7000.

Acinque SpA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.280 99.907 0.335
201406 0.036 100.093 0.043
201409 -0.007 99.814 -0.008
201412 -0.149 99.721 -0.179
201503 0.316 99.814 0.379
201506 -0.025 100.279 -0.030
201509 0.094 100.000 0.113
201512 -0.115 99.814 -0.138
201603 0.304 99.600 0.365
201606 0.020 99.900 0.024
201609 0.033 100.100 0.039
201612 -0.142 100.300 -0.169
201703 0.250 101.000 0.296
201706 0.193 101.100 0.229
201709 0.057 101.200 0.067
201712 -0.150 101.200 -0.177
201803 0.287 101.800 0.337
201806 0.432 102.400 0.505
201809 0.052 102.600 0.061
201812 -0.133 102.300 -0.156
201903 0.080 102.800 0.093
201906 0.145 103.100 0.168
201909 -0.058 102.900 -0.067
201912 0.037 102.800 0.043
202003 -0.055 102.900 -0.064
202006 0.114 102.900 0.133
202009 -0.046 102.300 -0.054
202012 -0.074 102.600 -0.086
202103 0.150 103.700 0.173
202106 0.024 104.200 0.028
202109 -0.105 104.900 -0.120
202112 -0.173 106.600 -0.194
202203 0.026 110.400 0.028
202206 0.092 112.500 0.098
202209 -0.076 114.200 -0.080
202212 -0.458 119.000 -0.461
202303 -0.107 118.800 -0.108
202306 0.060 119.700 0.060
202309 0.078 120.300 0.078
202312 0.227 119.700 0.227

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.


Acinque SpA  (FRA:YA2) 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.


Acinque SpA Cyclically Adjusted Price-to-FCF Related Terms

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


Acinque SpA (FRA:YA2) Business Description

Industry
Traded in Other Exchanges
Address
Via Pietro Stazzi, 2, Como, ITA, 22100
Acinque SpA is an Italy-based company, engaged in public utility services. It operates in four sectors namely water, electricity and gas distribution, electricity and gas sales, urban hygiene and waste-to-energy and technologies, district heating, efficiency and smart city.

Acinque SpA (FRA:YA2) Headlines

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