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Chemring Group (LSE:CHG) Cyclically Adjusted Price-to-FCF : 32.79 (As of May. 16, 2024)


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What is Chemring Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Chemring Group's current share price is £3.935. Chemring Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Oct23 was £0.12. Chemring Group's Cyclically Adjusted Price-to-FCF for today is 32.79.

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

LSE:CHG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.31   Med: 13.67   Max: 32.54
Current: 31.49

During the past 13 years, Chemring Group's highest Cyclically Adjusted Price-to-FCF was 32.54. The lowest was 7.31. And the median was 13.67.

LSE:CHG's Cyclically Adjusted Price-to-FCF is ranked better than
54.72% of 106 companies
in the Aerospace & Defense industry
Industry Median: 35.465 vs LSE:CHG: 31.49

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.

Chemring Group's adjusted free cash flow per share data of for the fiscal year that ended in Oct23 was £0.110. 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 £0.12 for the trailing ten years ended in Oct23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chemring Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chemring Group'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.

Chemring Group Cyclically Adjusted Price-to-FCF Chart

Chemring Group Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.17 20.03 22.48 24.34 22.83

Chemring Group Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 22.48 - 24.34 - 22.83

Competitive Comparison of Chemring Group's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Chemring Group'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.


Chemring Group's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Chemring Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Chemring Group 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.

Chemring Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.935/0.12
=32.79

* 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.

Chemring Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Oct23 is calculated as:

For example, Chemring Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Oct23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Oct23 (Change)*Current CPI (Oct23)
=0.11/130.2000*130.2000
=0.110

Current CPI (Oct23) = 130.2000.

Chemring Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201410 0.105 100.100 0.137
201510 0.039 100.300 0.051
201610 0.181 101.600 0.232
201710 0.055 104.400 0.069
201810 0.049 106.700 0.060
201910 0.060 108.300 0.072
202010 0.122 109.200 0.145
202110 0.158 113.400 0.181
202210 0.160 124.300 0.168
202310 0.110 130.200 0.110

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.


Chemring Group  (LSE:CHG) 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.


Chemring Group Cyclically Adjusted Price-to-FCF Related Terms

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


Chemring Group (LSE:CHG) Business Description

Address
Old Salisbury Lane, Roke Manor, Romsey, Hampshire, GBR, SO51 0ZN
Chemring Group PLC is a defense technology company. The company's operating segment includes Sensors and Information; it is engaged in the development and manufacturing of electronic countermeasures, chemical and biological threat detection equipment, and explosive hazard detection (EHD) equipment. and Countermeasures and Energetics segment is engaged in the development and manufacturing of expendable countermeasures for air and sea platforms, cartridge/propellant actuated devices, pyrotechnic devices for satellite launch and deployment, missile components, propellants, separation sub-systems, actuators, and energetic materials. It generates maximum revenue from the Countermeasures and Energetics segment. Geographically, the majority of the revenue for the company is generated from UK.

Chemring Group (LSE:CHG) Headlines

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