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Concentric AB (LTS:0P4X) Cyclically Adjusted Price-to-FCF : 17.10 (As of Jun. 16, 2024)


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What is Concentric AB Cyclically Adjusted Price-to-FCF?

As of today (2024-06-16), Concentric AB's current share price is kr202.45. Concentric AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr11.84. Concentric AB's Cyclically Adjusted Price-to-FCF for today is 17.10.

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

LTS:0P4X' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.97   Med: 20.01   Max: 33.77
Current: 17.17

During the past years, Concentric AB's highest Cyclically Adjusted Price-to-FCF was 33.77. The lowest was 10.97. And the median was 20.01.

LTS:0P4X's Cyclically Adjusted Price-to-FCF is ranked better than
75.85% of 1031 companies
in the Industrial Products industry
Industry Median: 32.14 vs LTS:0P4X: 17.17

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.

Concentric AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr0.376. 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 kr11.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Concentric AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Concentric AB'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.

Concentric AB Cyclically Adjusted Price-to-FCF Chart

Concentric AB 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 19.92 21.88 32.01 18.69 15.19

Concentric AB 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 19.89 18.69 14.48 15.19 16.35

Competitive Comparison of Concentric AB's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Concentric AB'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.


Concentric AB's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Concentric AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Concentric AB 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.

Concentric AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=202.45/11.84
=17.10

* 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.

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

For example, Concentric AB'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)
=0.376/132.2054*132.2054
=0.376

Current CPI (Mar. 2024) = 132.2054.

Concentric AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.050 100.432 2.699
201409 1.799 100.161 2.375
201412 1.992 100.225 2.628
201503 1.457 99.950 1.927
201506 2.515 99.995 3.325
201509 1.543 100.228 2.035
201512 2.771 100.276 3.653
201603 1.504 100.751 1.974
201606 3.158 101.019 4.133
201609 2.719 101.138 3.554
201612 2.273 102.022 2.945
201703 1.848 102.022 2.395
201706 1.823 102.752 2.346
201709 1.638 103.279 2.097
201712 3.297 103.793 4.200
201803 2.694 103.962 3.426
201806 3.449 104.875 4.348
201809 4.006 105.679 5.012
201812 3.415 105.912 4.263
201903 2.479 105.886 3.095
201906 3.171 106.742 3.927
201909 2.425 107.214 2.990
201912 1.425 107.766 1.748
202003 2.062 106.563 2.558
202006 2.277 107.498 2.800
202009 1.295 107.635 1.591
202012 2.996 108.296 3.657
202103 1.922 108.360 2.345
202106 1.871 108.928 2.271
202109 1.710 110.338 2.049
202112 0.917 112.486 1.078
202203 1.864 114.825 2.146
202206 1.736 118.384 1.939
202209 3.839 122.296 4.150
202212 4.810 126.365 5.032
202303 1.602 127.042 1.667
202306 3.052 129.407 3.118
202309 3.585 130.224 3.640
202312 5.530 131.912 5.542
202403 0.376 132.205 0.376

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.


Concentric AB  (LTS:0P4X) 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.


Concentric AB Cyclically Adjusted Price-to-FCF Related Terms

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


Concentric AB (LTS:0P4X) Business Description

Industry
Traded in Other Exchanges
Address
PO Box 5058, Stockholm, SWE, 102 42
Concentric AB is a Sweden-based company active in designing, development, and manufacturing of hydraulic and engine applications for Agriculture Machinery, Construction equipment, Trucks and Industrial applications. It offers solutions to the manufacturers of construction machinery, diesel engines and large trucks. It offers products related to fuel efficiency and reduced emissions. Its products include oil pumps, transmission pumps, coolant pumps, water pumps, compressor pumps, variable flow oil, Licos friction clutches, belt drives, gear pumps and motors, electro-hydraulic steering units, hydraulic power packs, and other products. The company has business segments in two product groups, namely engine products and hydraulic products.

Concentric AB (LTS:0P4X) Headlines

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