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Italcementi SpA (Italcementi SpA) Cyclically Adjusted Price-to-FCF : (As of May. 25, 2024)


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What is Italcementi 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


Italcementi SpA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Italcementi 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.

Italcementi SpA Cyclically Adjusted Price-to-FCF Chart

Italcementi SpA Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted Price-to-FCF
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Italcementi SpA Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Jun16
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Competitive Comparison of Italcementi SpA's Cyclically Adjusted Price-to-FCF

For the Building Materials subindustry, Italcementi 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.


Italcementi SpA's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

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

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



Italcementi 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.

Italcementi SpA's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec15 is calculated as:

For example, Italcementi SpA's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec15 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec15 (Change)*Current CPI (Dec15)
=0.284/99.8140*99.8140
=0.284

Current CPI (Dec15) = 99.8140.

Italcementi SpA Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200612 0.018 86.835 0.021
200712 3.296 89.097 3.692
200812 -0.722 91.094 -0.791
200912 3.385 92.025 3.671
201012 1.623 93.755 1.728
201112 0.263 96.837 0.271
201212 0.958 99.070 0.965
201312 0.494 99.721 0.494
201412 -0.522 99.721 -0.522
201512 0.284 99.814 0.284

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.


Italcementi SpA  (OTCPK:ITAMF) 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.


Italcementi SpA Cyclically Adjusted Price-to-FCF Related Terms

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Italcementi SpA (Italcementi SpA) Business Description

Traded in Other Exchanges
N/A
Address
Italcementi SpA was incorporated in 1864. It is a cement manufacturing company. The Company engages in manufacturing and distributing of three main product lines, including cement, aggregates, and ready mixed concrete. The Company's business segments are operations relating to the production and sale of cement and clinker; operations relating to construction materials: ready mixed concrete and aggregates and other operations such as: transport, engineering, e-business and energy. The Company operates its business in Albania, Belgium, Bulgaria, Canada, Cyprus, Egypt, France, Gambia, Greece, India, Italy, Kazakhstan, Morocco, Mauritania, Spain, Sri Lanka, Thailand, Turkey, and the United States.

Italcementi SpA (Italcementi SpA) Headlines

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