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ALBA SE (HAM:ABA) Cyclically Adjusted Price-to-FCF : 10.67 (As of May. 26, 2024)


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What is ALBA SE Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), ALBA SE's current share price is €8.75. ALBA SE's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €0.82. ALBA SE's Cyclically Adjusted Price-to-FCF for today is 10.67.

The historical rank and industry rank for ALBA SE's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HAM:ABA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.5   Med: 24.68   Max: 40.71
Current: 10.75

During the past 13 years, ALBA SE's highest Cyclically Adjusted Price-to-FCF was 40.71. The lowest was 9.50. And the median was 24.68.

HAM:ABA's Cyclically Adjusted Price-to-FCF is ranked better than
74.51% of 51 companies
in the Waste Management industry
Industry Median: 21.24 vs HAM:ABA: 10.75

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

ALBA SE's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €0.678. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €0.82 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


ALBA SE Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ALBA SE'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.

ALBA SE Cyclically Adjusted Price-to-FCF Chart

ALBA SE 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 26.36 33.27 28.25 19.60 13.00

ALBA SE Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 28.25 - 19.60 - 13.00

Competitive Comparison of ALBA SE's Cyclically Adjusted Price-to-FCF

For the Waste Management subindustry, ALBA SE'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.


ALBA SE's Cyclically Adjusted Price-to-FCF Distribution in the Waste Management Industry

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

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



ALBA SE 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.

ALBA SE's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.75/0.82
=10.67

* 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.

ALBA SE's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, ALBA SE's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.678/123.7729*123.7729
=0.678

Current CPI (Dec23) = 123.7729.

ALBA SE Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -1.067 99.543 -1.327
201512 4.329 99.717 5.373
201612 -0.143 101.217 -0.175
201712 1.208 102.617 1.457
201812 0.440 104.217 0.523
201912 1.718 105.818 2.010
202012 -1.526 105.518 -1.790
202112 0.537 110.384 0.602
202212 0.626 119.345 0.649
202312 0.678 123.773 0.678

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.


ALBA SE  (HAM:ABA) 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.


ALBA SE Cyclically Adjusted Price-to-FCF Related Terms

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


ALBA SE (HAM:ABA) Business Description

Industry
Traded in Other Exchanges
Address
Stollwerckstraße 9a, Cologne, DEU, 51149
ALBA SE is a German based holding company providing environmental services. Its activities are divided into two segments including Steel & Metals Recycling segment and Services segment. The Steel and Metals Recycling segment comprises all of the company's subsidiaries that undertake to recycle of steel and metals activities. The Services segment comprises activities, such as take-back of transport packaging, sales packaging and used paper bags, as well as recovery of waste electrical and electronic equipment. A major part of revenue comes from Steel and Metals segment. It operates in Germany, European countries and Non-European countries, Germany being the country with highest sales.

ALBA SE (HAM:ABA) Headlines

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