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Autostrade Meridionali (MIL:AUTME) Cyclically Adjusted Price-to-FCF : 1.71 (As of May. 27, 2024)


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What is Autostrade Meridionali Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), Autostrade Meridionali's current share price is €2.62. Autostrade Meridionali's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €1.53. Autostrade Meridionali's Cyclically Adjusted Price-to-FCF for today is 1.71.

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

MIL:AUTME' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.71   Med: 68.87   Max: 1530
Current: 1.71

During the past 13 years, Autostrade Meridionali's highest Cyclically Adjusted Price-to-FCF was 1530.00. The lowest was 1.71. And the median was 68.87.

MIL:AUTME's Cyclically Adjusted Price-to-FCF is ranked better than
96.86% of 574 companies
in the Construction industry
Industry Median: 18.355 vs MIL:AUTME: 1.71

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.

Autostrade Meridionali's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €-1.783. 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 €1.53 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Autostrade Meridionali Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Autostrade Meridionali'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.

Autostrade Meridionali Cyclically Adjusted Price-to-FCF Chart

Autostrade Meridionali 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 1,757.63 - 53.13 11.73 10.82

Autostrade Meridionali 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 53.13 - 11.73 - 10.82

Competitive Comparison of Autostrade Meridionali's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Autostrade Meridionali'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.


Autostrade Meridionali's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Autostrade Meridionali's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Autostrade Meridionali 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.

Autostrade Meridionali's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.62/1.53
=1.71

* 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.

Autostrade Meridionali's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Autostrade Meridionali'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)
=-1.783/119.7000*119.7000
=-1.783

Current CPI (Dec23) = 119.7000.

Autostrade Meridionali Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 2.452 99.721 2.943
201512 0.627 99.814 0.752
201612 2.129 100.300 2.541
201712 3.063 101.200 3.623
201812 2.734 102.300 3.199
201912 5.093 102.800 5.930
202012 0.081 102.600 0.095
202112 3.018 106.600 3.389
202212 -5.320 119.000 -5.351
202312 -1.783 119.700 -1.783

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.


Autostrade Meridionali  (MIL:AUTME) 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.


Autostrade Meridionali Cyclically Adjusted Price-to-FCF Related Terms

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


Autostrade Meridionali (MIL:AUTME) Business Description

Traded in Other Exchanges
Address
Via Giovanni Porzio, 4, Napoli, NA, ITA, 80143
Autostrade Meridionali is an Italy based company engaged in the maintenance of the A3 Napoli-Salerno motorway. Its activities include the maintenance of flooring, green works, road markings and signs, plants, tracks, and station buildings.

Autostrade Meridionali (MIL:AUTME) Headlines

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