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Hellenic Exchanges - Athens Stock Exchange (Hellenic Exchanges - Athens Stock Exchange) Cyclically Adjusted Price-to-FCF : 51.36 (As of Jun. 15, 2024)


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What is Hellenic Exchanges - Athens Stock Exchange Cyclically Adjusted Price-to-FCF?

As of today (2024-06-15), Hellenic Exchanges - Athens Stock Exchange's current share price is $5.65. Hellenic Exchanges - Athens Stock Exchange's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.11. Hellenic Exchanges - Athens Stock Exchange's Cyclically Adjusted Price-to-FCF for today is 51.36.

The historical rank and industry rank for Hellenic Exchanges - Athens Stock Exchange's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HEHSF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.47   Med: 23.75   Max: 53.9
Current: 44.96

During the past years, Hellenic Exchanges - Athens Stock Exchange's highest Cyclically Adjusted Price-to-FCF was 53.90. The lowest was 16.47. And the median was 23.75.

HEHSF's Cyclically Adjusted Price-to-FCF is ranked worse than
79.67% of 241 companies
in the Capital Markets industry
Industry Median: 18.28 vs HEHSF: 44.96

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.

Hellenic Exchanges - Athens Stock Exchange's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.095. 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 $0.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hellenic Exchanges - Athens Stock Exchange Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hellenic Exchanges - Athens Stock Exchange'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.

Hellenic Exchanges - Athens Stock Exchange Cyclically Adjusted Price-to-FCF Chart

Hellenic Exchanges - Athens Stock Exchange 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 27.83 27.63 23.52 18.06 46.93

Hellenic Exchanges - Athens Stock Exchange Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 22.65 44.21 46.14 46.93 49.29

Competitive Comparison of Hellenic Exchanges - Athens Stock Exchange's Cyclically Adjusted Price-to-FCF

For the Financial Data & Stock Exchanges subindustry, Hellenic Exchanges - Athens Stock Exchange'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.


Hellenic Exchanges - Athens Stock Exchange's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hellenic Exchanges - Athens Stock Exchange's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hellenic Exchanges - Athens Stock Exchange's Cyclically Adjusted Price-to-FCF falls into.



Hellenic Exchanges - Athens Stock Exchange 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.

Hellenic Exchanges - Athens Stock Exchange's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.65/0.11
=51.36

* 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.

Hellenic Exchanges - Athens Stock Exchange's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hellenic Exchanges - Athens Stock Exchange'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)
=0.095/117.2848*117.2848
=0.095

Current CPI (Mar. 2024) = 117.2848.

Hellenic Exchanges - Athens Stock Exchange Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.067 103.060 -0.076
201409 0.078 102.624 0.089
201412 -0.177 100.254 -0.207
201503 0.087 100.549 0.101
201506 0.188 100.838 0.219
201509 -0.276 100.856 -0.321
201512 0.074 100.087 0.087
201603 0.011 99.041 0.013
201606 0.315 100.121 0.369
201609 -0.305 99.878 -0.358
201612 0.004 100.110 0.005
201703 0.014 100.770 0.016
201706 0.389 101.138 0.451
201709 -0.265 100.882 -0.308
201712 0.061 100.762 0.071
201803 0.019 100.534 0.022
201806 0.222 102.121 0.255
201809 -0.228 101.982 -0.262
201812 0.014 101.330 0.016
201903 0.019 101.482 0.022
201906 0.140 101.837 0.161
201909 -0.028 101.906 -0.032
201912 0.039 102.120 0.045
202003 0.051 101.479 0.059
202006 0.140 100.239 0.164
202009 -0.178 99.886 -0.209
202012 0.061 99.751 0.072
202103 0.035 99.817 0.041
202106 0.182 101.270 0.211
202109 -0.040 102.095 -0.046
202112 0.074 104.853 0.083
202203 0.049 108.651 0.053
202206 0.051 113.517 0.053
202209 -0.005 114.371 -0.005
202212 -0.013 112.428 -0.014
202303 0.081 113.620 0.084
202306 0.094 115.515 0.095
202309 0.003 116.234 0.003
202312 0.079 116.364 0.080
202403 0.095 117.285 0.095

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.


Hellenic Exchanges - Athens Stock Exchange  (OTCPK:HEHSF) 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.


Hellenic Exchanges - Athens Stock Exchange Cyclically Adjusted Price-to-FCF Related Terms

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Hellenic Exchanges - Athens Stock Exchange (Hellenic Exchanges - Athens Stock Exchange) Business Description

Traded in Other Exchanges
Address
110 Athinon Avenue, Athens, GRC, 10442
Hellenic Exchanges - Athens Stock Exchange SA or Athex Group consists of the Athens Stock Exchange as the parent company, and the Athens Exchange Clearing House and the Hellenic Central Securities Depository SA as its subsidiaries. The Athens Stock Exchange is the only stock exchange in Greece. The parent company and its subsidiaries operate the organized cash and derivatives markets, provide comprehensive informational technology solutions to the Greek capital market, and promote the development of capital markets in Greece. The group's revenue derives from its operational functions including listing, trading, clearing and settling, as well as depository services.

Hellenic Exchanges - Athens Stock Exchange (Hellenic Exchanges - Athens Stock Exchange) Headlines