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FECON (STC:FCN) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is FECON Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


FECON Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for FECON'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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FECON Cyclically Adjusted Price-to-FCF Chart

FECON Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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FECON Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of FECON's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, FECON'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.


FECON's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



FECON 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.

FECON's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, FECON's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-1018.955/131.7762*131.7762
=-1,018.955

Current CPI (Mar. 2024) = 131.7762.

FECON Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2,042.219 100.560 -2,676.185
201409 -1,558.810 100.428 -2,045.390
201412 1,359.787 99.070 1,808.702
201503 -1,793.810 99.621 -2,372.805
201506 -2,202.426 100.684 -2,882.559
201509 -1,638.169 100.392 -2,150.298
201512 -749.307 99.792 -989.462
201603 -2,000.383 100.470 -2,623.687
201606 -3,226.714 101.688 -4,181.454
201609 -1,230.819 101.861 -1,592.294
201612 1,570.007 101.863 2,031.063
201703 -1,705.515 102.862 -2,184.926
201706 -303.539 103.349 -387.030
201709 459.175 104.136 581.053
201712 -1,851.949 104.011 -2,346.315
201803 -821.495 105.290 -1,028.151
201806 -3,554.155 106.317 -4,405.259
201809 -328.402 106.507 -406.318
201812 677.668 105.998 842.474
201903 -425.762 107.251 -523.124
201906 536.634 108.070 654.353
201909 -1,653.653 108.329 -2,011.569
201912 294.216 108.420 357.597
202003 -701.355 108.902 -848.674
202006 -661.384 108.767 -801.295
202009 919.795 109.815 1,103.740
202012 -2,101.010 109.897 -2,519.301
202103 -5,425.442 111.754 -6,397.458
202106 -3,045.774 114.631 -3,501.314
202109 -1,189.978 115.734 -1,354.921
202112 -839.962 117.630 -940.980
202203 -136.942 121.301 -148.768
202206 -1,088.176 125.017 -1,147.011
202209 -388.040 125.227 -408.336
202212 -544.949 125.222 -573.473
202303 -251.090 127.348 -259.821
202306 -595.036 128.729 -609.123
202309 330.897 129.860 335.781
202312 2,303.856 129.419 2,345.811
202403 -1,018.955 131.776 -1,018.955

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.


FECON  (STC:FCN) 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.


FECON Cyclically Adjusted Price-to-FCF Related Terms

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


FECON (STC:FCN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » FECON Corp (STC:FCN) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
Lot HH2-1 Me Tri Ha Urban Area, Pham Hung Street, 5th Floor, Building CEO, Me Tri Ward , Nam Tu Liem District, Hanoi, VNM
FECON Corp operates in the field of construction foundation in Vietnam. It functions as a professional contractor, providing comprehensive solutions for foundation work in the construction field. The company is involved in the business areas of construction, road construction, construction of waterway ports, monitoring, research and development, geotechnical consultancy, geological survey and foundation experiments, monitoring, background treatment, waterproofing underground works, construction of tunnel with shield, and production and construction of tunnel lining.