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Fnm (MIL:FNM) Cyclically Adjusted Price-to-FCF : (As of May. 29, 2024)


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What is Fnm Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fnm Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fnm'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.

Fnm Cyclically Adjusted Price-to-FCF Chart

Fnm 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 - - - 217.47 -

Fnm Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 217.47 61.36 - - -

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

For the Railroads subindustry, Fnm'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.


Fnm's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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



Fnm 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.

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

For example, Fnm'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)
=0/119.7000*119.7000
=0.000

Current CPI (Dec. 2023) = 119.7000.

Fnm Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201303 0.000 99.535 0.000
201306 0.000 99.814 0.000
201309 0.000 100.000 0.000
201312 0.000 99.721 0.000
201403 -0.065 99.907 -0.078
201406 -0.058 100.093 -0.069
201409 -0.002 99.814 -0.002
201412 -0.001 99.721 -0.001
201503 -0.051 99.814 -0.061
201506 -0.074 100.279 -0.088
201509 0.066 100.000 0.079
201512 0.058 99.814 0.070
201603 -0.111 99.600 -0.133
201606 -0.012 99.900 -0.014
201609 -0.030 100.100 -0.036
201612 0.045 100.300 0.054
201706 0.000 101.100 0.000
201712 0.000 101.200 0.000
201806 0.000 102.400 0.000
201809 0.000 102.600 0.000
201812 0.000 102.300 0.000
201903 -0.029 102.800 -0.034
201906 0.030 103.100 0.035
201909 0.064 102.900 0.074
201912 -0.010 102.800 -0.012
202003 0.007 102.900 0.008
202006 -0.001 102.900 -0.001
202009 -0.021 102.300 -0.025
202012 -0.124 102.600 -0.145
202103 -0.003 103.700 -0.003
202106 0.086 104.200 0.099
202109 -0.004 104.900 -0.005
202112 0.147 106.600 0.165
202203 0.032 110.400 0.035
202206 -0.003 112.500 -0.003
202209 0.069 114.200 0.072
202212 0.034 119.000 0.034
202303 0.039 118.800 0.039
202309 0.000 120.300 0.000
202312 0.000 119.700 0.000

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.


Fnm  (MIL:FNM) 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.


Fnm Cyclically Adjusted Price-to-FCF Related Terms

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Fnm (MIL:FNM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Fnm (MIL:FNM) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Piazzale Cadorna, 14, Milano, ITA, 20123
Fnm is an Italy based transport company. Along with its subsidiaries, the firm operates in rail transport, management, and maintenance of railway networks, road transportation, freight transportation, engineering and design, information communication technology, and energy sectors.

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