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Comet Holding AG (LTS:0ROQ) Cyclically Adjusted Price-to-FCF : 124.92 (As of Jun. 21, 2024)


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What is Comet Holding AG Cyclically Adjusted Price-to-FCF?

As of today (2024-06-21), Comet Holding AG's current share price is CHF378.50. Comet Holding AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was CHF3.03. Comet Holding AG's Cyclically Adjusted Price-to-FCF for today is 124.92.

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

LTS:0ROQ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 39.71   Med: 66.2   Max: 164.57
Current: 124.88

During the past 13 years, Comet Holding AG's highest Cyclically Adjusted Price-to-FCF was 164.57. The lowest was 39.71. And the median was 66.20.

LTS:0ROQ's Cyclically Adjusted Price-to-FCF is ranked worse than
86.96% of 966 companies
in the Hardware industry
Industry Median: 30.32 vs LTS:0ROQ: 124.88

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.

Comet Holding AG's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was CHF-0.535. 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 CHF3.03 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Comet Holding AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Comet Holding AG'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.

Comet Holding AG Cyclically Adjusted Price-to-FCF Chart

Comet Holding AG 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 65.64 88.98 122.62 62.64 88.91

Comet Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 122.62 - 62.64 - 88.91

Competitive Comparison of Comet Holding AG's Cyclically Adjusted Price-to-FCF

For the Scientific & Technical Instruments subindustry, Comet Holding AG'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.


Comet Holding AG's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Comet Holding AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Comet Holding AG 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.

Comet Holding AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=378.50/3.03
=124.92

* 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.

Comet Holding AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Comet Holding AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.535/106.4612*106.4612
=-0.535

Current CPI (Dec23) = 106.4612.

Comet Holding AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 2.373 100.704 2.509
201512 2.822 99.386 3.023
201612 1.746 99.380 1.870
201712 -0.407 100.213 -0.432
201812 -0.029 100.906 -0.031
201912 3.873 101.063 4.080
202012 5.599 100.241 5.946
202112 7.597 101.776 7.947
202212 5.359 104.666 5.451
202312 -0.535 106.461 -0.535

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.


Comet Holding AG  (LTS:0ROQ) 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.


Comet Holding AG Cyclically Adjusted Price-to-FCF Related Terms

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


Comet Holding AG (LTS:0ROQ) Business Description

Industry
Traded in Other Exchanges
Address
Herrengasse 10, P.O. Box 141, Flamatt, CHE, 3175
Comet Holding AG is a vendor of x-ray, radio frequency (RF) power and ebeam technology. It markets its systems and services, under the Comet, Yxlon and ebeam brands. Yxlon x-ray systems for non-destructive testing are supplied to end customers in the automotive, aerospace, electronics and energy sectors. Under the Comet brand, the group builds components and modules such as x-ray sources, vacuum capacitors, RF generators and impedance matching networks, marketed to manufacturers in the automotive, aerospace, semiconductor and solar industries as well as the security sector. Under the ebeam brand, the group develops and markets compact ebeam sets for the treatment of surfaces in the food and printing industries.

Comet Holding AG (LTS:0ROQ) Headlines

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