GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » GlyEco Inc (OTCPK:GLYE) » Definitions » Cyclically Adjusted Price-to-FCF

GlyEco (GlyEco) Cyclically Adjusted Price-to-FCF : (As of May. 18, 2024)


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

What is GlyEco Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


GlyEco Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for GlyEco'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.

GlyEco Cyclically Adjusted Price-to-FCF Chart

GlyEco Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

GlyEco Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 GlyEco's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, GlyEco'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.


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

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

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



GlyEco 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.

GlyEco's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2019 is calculated as:

For example, GlyEco's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2019 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2019 (Change)*Current CPI (Mar. 2019)
=-0.941/107.2505*107.2505
=-0.941

Current CPI (Mar. 2019) = 107.2505.

GlyEco Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200906 0.000 91.003 0.000
200909 0.000 91.120 0.000
200912 0.000 91.111 0.000
201003 0.000 91.821 0.000
201006 0.000 91.962 0.000
201009 0.000 92.162 0.000
201012 0.000 92.474 0.000
201103 -1.000 94.283 -1.138
201106 -1.486 95.235 -1.673
201109 -1.086 95.727 -1.217
201112 -1.191 95.213 -1.342
201203 -2.084 96.783 -2.309
201206 -2.158 96.819 -2.391
201209 -1.340 97.633 -1.472
201212 -9.010 96.871 -9.975
201303 -2.205 98.209 -2.408
201306 -2.208 98.518 -2.404
201309 -2.982 98.790 -3.237
201312 -2.589 98.326 -2.824
201403 -7.355 99.695 -7.912
201406 -1.539 100.560 -1.641
201409 -3.540 100.428 -3.780
201412 -1.356 99.070 -1.468
201503 -2.828 99.621 -3.045
201506 -1.769 100.684 -1.884
201509 -0.549 100.392 -0.587
201512 0.535 99.792 0.575
201603 -0.581 100.470 -0.620
201606 -1.184 101.688 -1.249
201609 -0.735 101.861 -0.774
201612 -3.169 101.863 -3.337
201703 -0.825 102.862 -0.860
201706 -1.196 103.349 -1.241
201709 -0.278 104.136 -0.286
201712 0.186 104.011 0.192
201803 -0.341 105.290 -0.347
201806 -0.877 106.317 -0.885
201809 0.226 106.507 0.228
201812 0.135 105.998 0.137
201903 -0.941 107.251 -0.941

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.


GlyEco  (OTCPK:GLYE) 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.


GlyEco Cyclically Adjusted Price-to-FCF Related Terms

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


GlyEco (GlyEco) Business Description

Industry
Traded in Other Exchanges
N/A
Address
P.O. Box 387, Institute, WV, USA, 25112
GlyEco Inc is an American specialty chemical company engaged in collecting and recycling waste glycol into a reusable product. The company operates through two segments: Consumer and Industrial. Through its Consumer segment, it processes waste glycol into high-quality recycled glycol products such as automotive antifreeze, and related specialty blended antifreeze across several processing and distribution centers in the US. Industrial's principal business activity consists of two divisions which involve in manufacturing and marketing additive packages for the antifreeze/coolant, gas patch coolants and heat transfer industries and RS&T, which operates a 14-20 million gallon per year, ASTM E1177 EG-1, glycol re-distillation plant processing waste glycol into good quality recycled glycol.
Executives
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Nelson Obus 10 percent owner
Wynnefield Capital Management Llc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes 10 percent owner
Wynnefield Capital, Inc. Profit Sharing Plan 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Capital Inc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Small Cap Value Offshore Fund Ltd 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Dwight Mamanteo director C/O GERSTEN SAVAGE LLP 600 LEXINGTON AVE., 9TH FLOOR NEW YORK NY 10022
Melvin L Keating director 18 DRIFTWOOD DRIVE, LIVINGSTON NJ 07039
Kevin J Conner officer: Chief Financial Officer 110 SOUTH STATE STREET, SUITE 200, NEWTOWN PA 18940

GlyEco (GlyEco) Headlines

From GuruFocus

GlyEco Announces Reverse/Forward Stock Split

By ACCESSWIRE AccessWire 04-12-2019

CORRECTION: GlyEco Announces Reverse/Forward Stock Split

By ACCESSWIRE AccessWire 04-12-2019

GlyEco Announces Senior Leadership Changes

By ACCESSWIRE AccessWire 04-12-2019

GlyEco Inc. Sells Consumer Segment

By ACCESSWIRE AccessWire 04-12-2019

GlyEco Announces a New CEO

By ACCESSWIRE AccessWire 04-12-2019