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Electrovaya (STU:4EV0) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is Electrovaya Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Electrovaya Cyclically Adjusted Price-to-FCF Historical Data

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

Electrovaya Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
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Electrovaya Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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Competitive Comparison of Electrovaya's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Electrovaya'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.


Electrovaya's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Electrovaya 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.

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

For example, Electrovaya'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)
=0/126.2576*126.2576
=0.000

Current CPI (Mar. 2024) = 126.2576.

Electrovaya Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.096 98.604 -0.123
201406 -0.064 99.473 -0.081
201409 -0.072 99.394 -0.091
201412 -0.040 98.367 -0.051
201503 -0.057 99.789 -0.072
201506 -0.183 100.500 -0.230
201509 0.296 100.421 0.372
201512 -0.154 99.947 -0.195
201603 0.092 101.054 0.115
201606 -0.234 102.002 -0.290
201609 -0.161 101.765 -0.200
201612 -0.189 101.449 -0.235
201703 -0.325 102.634 -0.400
201706 -0.340 103.029 -0.417
201709 -0.134 103.345 -0.164
201712 -0.161 103.345 -0.197
201803 0.034 105.004 0.041
201806 -0.088 105.557 -0.105
201809 -0.090 105.636 -0.108
201812 -0.020 105.399 -0.024
201903 -0.037 106.979 -0.044
201906 -0.014 107.690 -0.016
201909 -0.048 107.611 -0.056
201912 -0.073 107.769 -0.086
202003 -0.112 107.927 -0.131
202006 0.114 108.401 0.133
202009 -0.086 108.164 -0.100
202012 -0.075 108.559 -0.087
202103 -0.108 110.298 -0.124
202106 -0.071 111.720 -0.080
202109 0.010 112.905 0.011
202112 -0.113 113.774 -0.125
202203 -0.144 117.646 -0.155
202206 -0.097 120.806 -0.101
202209 0.087 120.648 0.091
202212 -0.105 120.964 -0.110
202303 -0.044 122.702 -0.045
202306 0.015 124.203 0.015
202309 -0.008 125.230 -0.008
202403 0.000 126.258 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.


Electrovaya  (STU:4EV0) 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.


Electrovaya Cyclically Adjusted Price-to-FCF Related Terms

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Electrovaya (STU:4EV0) Business Description

Industry
Traded in Other Exchanges
Address
6688 Kitimat Road, Mississauga, ON, CAN, L5N 1P8
Electrovaya Inc designs develop and manufacture proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation and other specialized applications. It is a technology-focused company with extensive IP. The company generates revenue from the sale of batteries and battery systems. Business operations are segmented based on large format batteries and others. This technology offers enhanced safety and industry leading battery longevity. Geographically it earns key revenue from the United States.

Electrovaya (STU:4EV0) Headlines

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