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Cembre SpA (MIL:CMB) Cyclically Adjusted Price-to-FCF : 39.16 (As of May. 15, 2024)


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What is Cembre SpA Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Cembre SpA's current share price is €41.90. Cembre SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €1.07. Cembre SpA's Cyclically Adjusted Price-to-FCF for today is 39.16.

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

MIL:CMB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.46   Med: 32.89   Max: 43.31
Current: 41.92

During the past years, Cembre SpA's highest Cyclically Adjusted Price-to-FCF was 43.31. The lowest was 20.46. And the median was 32.89.

MIL:CMB's Cyclically Adjusted Price-to-FCF is ranked worse than
58.51% of 1034 companies
in the Industrial Products industry
Industry Median: 33.7 vs MIL:CMB: 41.92

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.

Cembre SpA's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €0.550. 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 €1.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cembre SpA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cembre SpA'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.

Cembre SpA Cyclically Adjusted Price-to-FCF Chart

Cembre SpA 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 36.11 25.47 39.63 32.07 34.69

Cembre SpA 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 31.70 30.60 31.34 34.69 -

Competitive Comparison of Cembre SpA's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Cembre SpA'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.


Cembre SpA's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Cembre SpA 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.

Cembre SpA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=41.90/1.07
=39.16

* 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.

Cembre SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Cembre SpA's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.55/119.5000*119.5000
=0.550

Current CPI (Dec. 2023) = 119.5000.

Cembre SpA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.082 99.907 -0.098
201406 0.127 100.093 0.152
201409 0.300 99.814 0.359
201412 0.188 99.721 0.225
201503 0.078 99.814 0.093
201506 0.032 100.279 0.038
201509 0.472 100.000 0.564
201512 0.063 99.814 0.075
201603 0.162 99.600 0.194
201606 0.224 99.900 0.268
201609 0.516 100.100 0.616
201612 0.149 100.300 0.178
201703 0.614 101.000 0.726
201706 -0.517 101.100 -0.611
201709 0.404 101.200 0.477
201712 0.114 101.200 0.135
201803 -0.147 101.800 -0.173
201806 -0.079 102.400 -0.092
201809 -0.049 102.600 -0.057
201812 0.085 102.300 0.099
201903 0.211 102.800 0.245
201906 0.441 103.100 0.511
201909 0.398 102.900 0.462
201912 0.289 102.800 0.336
202003 0.031 102.900 0.036
202006 0.347 102.900 0.403
202009 0.622 102.300 0.727
202012 0.276 102.600 0.321
202103 -0.051 103.700 -0.059
202106 0.495 104.200 0.568
202109 0.820 104.900 0.934
202112 0.328 106.600 0.368
202203 -0.234 110.400 -0.253
202206 0.175 112.500 0.186
202209 0.673 114.200 0.704
202212 0.269 119.000 0.270
202303 -0.070 118.800 -0.070
202306 0.452 119.700 0.451
202309 0.869 120.300 0.863
202312 0.550 119.500 0.550

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.


Cembre SpA  (MIL:CMB) 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.


Cembre SpA Cyclically Adjusted Price-to-FCF Related Terms

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


Cembre SpA (MIL:CMB) Business Description

Industry
Traded in Other Exchanges
Address
Via Serenissima 9, Brescia, ITA, 25135
Cembre SpA along with its subsidiaries, is a manufacturer of electric connectors and related tools. Its geographic segments consist of Italy, Europe, and Rest of World. The product range includes Electrical connectors, installation tooling and equipment, cable glands and accessories, thermal transfer system, mechanical tools, and railroad products.

Cembre SpA (MIL:CMB) Headlines

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