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Albemarle (LTS:0HC7) Cyclically Adjusted Price-to-FCF : (As of May. 28, 2024)


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What is Albemarle Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Albemarle Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Albemarle'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.

Albemarle Cyclically Adjusted Price-to-FCF Chart

Albemarle 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 33.25 80.01 222.94 159.06 530.39

Albemarle 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 139.66 188.31 155.43 530.39 -

Competitive Comparison of Albemarle's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Albemarle'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.


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

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

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



Albemarle 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.

Albemarle's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Albemarle'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)
=-4.098/131.7762*131.7762
=-4.098

Current CPI (Mar. 2024) = 131.7762.

Albemarle Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.555 100.560 2.038
201409 1.340 100.428 1.758
201412 0.359 99.070 0.478
201503 -0.101 99.621 -0.134
201506 0.288 100.684 0.377
201509 1.163 100.392 1.527
201512 -0.170 99.792 -0.224
201603 1.016 100.470 1.333
201606 0.342 101.688 0.443
201609 1.406 101.861 1.819
201612 1.991 101.863 2.576
201703 0.251 102.862 0.322
201706 -1.612 103.349 -2.055
201709 0.353 104.136 0.447
201712 0.882 104.011 1.117
201803 -0.092 105.290 -0.115
201806 -0.423 106.317 -0.524
201809 -0.348 106.507 -0.431
201812 -0.552 105.998 -0.686
201903 -1.516 107.251 -1.863
201906 -0.518 108.070 -0.632
201909 -0.437 108.329 -0.532
201912 1.227 108.420 1.491
202003 -0.558 108.902 -0.675
202006 -1.423 108.767 -1.724
202009 0.481 109.815 0.577
202012 1.007 109.897 1.207
202103 -0.192 111.754 -0.226
202106 0.091 114.631 0.105
202109 -1.292 115.734 -1.471
202112 -3.799 117.630 -4.256
202203 -0.217 121.301 -0.236
202206 -3.540 125.017 -3.731
202209 4.937 125.227 5.195
202212 4.295 125.222 4.520
202303 2.591 127.348 2.681
202306 -3.651 128.729 -3.737
202309 0.704 129.860 0.714
202312 -6.648 129.419 -6.769
202403 -4.098 131.776 -4.098

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.


Albemarle  (LTS:0HC7) 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.


Albemarle Cyclically Adjusted Price-to-FCF Related Terms

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


Albemarle (LTS:0HC7) Business Description

Industry
Address
4250 Congress Street, Suite 900, Charlotte, NC, USA, 28209
Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the U.S. and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the U.S., Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.

Albemarle (LTS:0HC7) Headlines

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