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HEC Infra Projects (NSE:HECPROJECT) Cyclically Adjusted Price-to-FCF : 97.66 (As of Jun. 25, 2024)


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What is HEC Infra Projects Cyclically Adjusted Price-to-FCF?

As of today (2024-06-25), HEC Infra Projects's current share price is ₹119.14. HEC Infra Projects's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 was ₹1.22. HEC Infra Projects's Cyclically Adjusted Price-to-FCF for today is 97.66.

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

NSE:HECPROJECT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0   Med: 0   Max: 96.23
Current: 92.8

During the past 10 years, HEC Infra Projects's highest Cyclically Adjusted Price-to-FCF was 96.23. The lowest was 0.00. And the median was 0.00.

NSE:HECPROJECT's Cyclically Adjusted Price-to-FCF is ranked worse than
91% of 589 companies
in the Construction industry
Industry Median: 17.52 vs NSE:HECPROJECT: 92.80

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.

HEC Infra Projects's adjusted free cash flow per share data of for the fiscal year that ended in Mar24 was ₹6.929. 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 ₹1.22 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


HEC Infra Projects Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for HEC Infra Projects'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.

HEC Infra Projects Cyclically Adjusted Price-to-FCF Chart

HEC Infra Projects Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 55.65

HEC Infra Projects Quarterly Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Sep22 Mar23 Sep23 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 - - - - 55.65

Competitive Comparison of HEC Infra Projects's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, HEC Infra Projects'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.


HEC Infra Projects's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



HEC Infra Projects 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.

HEC Infra Projects's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=119.14/1.22
=97.66

* 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.

HEC Infra Projects's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, HEC Infra Projects's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=6.929/153.0345*153.0345
=6.929

Current CPI (Mar24) = 153.0345.

HEC Infra Projects Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.000 97.163 0.000
201603 -2.393 102.518 -3.572
201703 10.541 105.196 15.335
201803 -1.990 109.786 -2.774
201903 -4.106 118.202 -5.316
202003 -4.731 124.705 -5.806
202103 1.401 131.771 1.627
202203 -3.590 138.822 -3.958
202303 8.195 146.865 8.539
202403 6.929 153.035 6.929

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.


HEC Infra Projects  (NSE:HECPROJECT) 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.


HEC Infra Projects Cyclically Adjusted Price-to-FCF Related Terms

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


HEC Infra Projects (NSE:HECPROJECT) Business Description

Traded in Other Exchanges
N/A
Address
Plot Cross Road, Sindhu Bhavan Road, Sigma-1 Corporates, Corporate House No. 6, Near Maan Party, Bodakdev, Ahmedabad, GJ, IND, 380054
HEC Infra Projects Ltd is an Engineering, Procurement and Construction Company (EPC) Contractor in the Electro-Mechanical and Instrumentation Projects. The company services include switchyards; overhead transmission; substations, underground cable lying; Industrial and commercial electrification, battery energy storage system and mini / micro grid Solar projects water pumping stations; solar park; rooftop solar; indoor and outdoor lighting; security; fire alarm systems and others. It serves Steel, Chemical, Cement, Refineries, Petrochemicals, Gas and Oil Sector, Textile, Pharmaceuticals, Power-generation plants, Ports, Banks, Malls, Call Centers, Software Park; and other industries. It is engaged in the EPC Electro-Mechanical Project Business which is their only segment.

HEC Infra Projects (NSE:HECPROJECT) Headlines

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