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East African Cables (NAI:CABL) Cyclically Adjusted Price-to-FCF : 2.82 (As of Jun. 20, 2024)


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What is East African Cables Cyclically Adjusted Price-to-FCF?

As of today (2024-06-20), East African Cables's current share price is KES0.96. East African Cables's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was KES0.34. East African Cables's Cyclically Adjusted Price-to-FCF for today is 2.82.

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

NAI:CABL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.56   Med: 9.56   Max: 23.81
Current: 2.9

During the past 13 years, East African Cables's highest Cyclically Adjusted Price-to-FCF was 23.81. The lowest was 2.56. And the median was 9.56.

NAI:CABL's Cyclically Adjusted Price-to-FCF is ranked better than
98.64% of 1031 companies
in the Industrial Products industry
Industry Median: 32.33 vs NAI:CABL: 2.90

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.

East African Cables's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was KES0.883. 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 KES0.34 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


East African Cables Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for East African Cables'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.

East African Cables Cyclically Adjusted Price-to-FCF Chart

East African Cables 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 16.10 8.82 10.23 - 2.87

East African Cables 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 10.23 - - - 2.87

Competitive Comparison of East African Cables's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, East African Cables'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.


East African Cables's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



East African Cables 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.

East African Cables's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.96/0.34
=2.82

* 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.

East African Cables's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, East African Cables'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)
=0.883/129.4194*129.4194
=0.883

Current CPI (Dec23) = 129.4194.

East African Cables Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -1.958 99.070 -2.558
201512 -0.227 99.792 -0.294
201612 0.740 101.863 0.940
201712 0.203 104.011 0.253
201812 1.211 105.998 1.479
201912 0.294 108.420 0.351
202012 1.038 109.897 1.222
202112 0.716 117.630 0.788
202212 0.310 125.222 0.320
202312 0.883 129.419 0.883

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.


East African Cables  (NAI:CABL) 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.


East African Cables Cyclically Adjusted Price-to-FCF Related Terms

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


East African Cables (NAI:CABL) Business Description

Traded in Other Exchanges
N/A
Address
Addis Ababa Road, Industrial Area, P.O. Box 18243, Nairobi, KEN, 00500
East African Cables Ltd manufactures a range of cables for applications in domestic and industrial lighting, transmission, and distribution of electricity. It also offers data, telecommunication, and fiber optic solutions with requisite accessories. The company's geographical segments include Kenya and Uganda and Tanzania. It generates maximum revenue from Kenya and Uganda region. The company's product portfolio includes Utility Cables; House Wiring Cables; Armoured and Non-Armoured Cables; Automotive Cables; Telecommunication Cables; and others.

East African Cables (NAI:CABL) Headlines

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