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Iniziative Bresciane SpA (MIL:IB) Cyclically Adjusted Price-to-FCF : (As of May. 06, 2025)


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What is Iniziative Bresciane SpA Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Iniziative Bresciane SpA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Iniziative Bresciane 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.

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Iniziative Bresciane SpA Cyclically Adjusted Price-to-FCF Chart

Iniziative Bresciane SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
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Iniziative Bresciane SpA Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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Competitive Comparison of Iniziative Bresciane SpA's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, Iniziative Bresciane 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.


Iniziative Bresciane SpA's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Iniziative Bresciane SpA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Iniziative Bresciane 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.

Iniziative Bresciane SpA's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Iniziative Bresciane SpA's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=1.245/121.2000*121.2000
=1.245

Current CPI (Dec24) = 121.2000.

Iniziative Bresciane SpA Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201512 -0.689 99.814 -0.837
201612 -1.133 100.300 -1.369
201712 0.569 101.200 0.681
201812 0.640 102.300 0.758
201912 2.846 102.800 3.355
202012 -1.564 102.600 -1.848
202112 -3.609 106.600 -4.103
202212 -2.745 119.000 -2.796
202312 -1.153 119.700 -1.167
202412 1.245 121.200 1.245

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.


Iniziative Bresciane SpA  (MIL:IB) 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.


Iniziative Bresciane SpA Cyclically Adjusted Price-to-FCF Related Terms

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Iniziative Bresciane SpA Business Description

Traded in Other Exchanges
N/A
Address
Piazza Vittoria 19, Breno, Brescia, ITA, 25043
Iniziative Bresciane SpA is an engineering and construction company. The company design, constructs and operates small and medium-sized hydroelectric plants. The company operates in Italy and its hydroelectric plants are mainly located in the provinces of Brescia, Bergamo, and Cremona.

Iniziative Bresciane SpA Headlines

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