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AGC (STU:SHJ) Cyclically Adjusted Price-to-FCF : 34.04 (As of May. 25, 2024)


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What is AGC Cyclically Adjusted Price-to-FCF?

As of today (2024-05-25), AGC's current share price is €32.00. AGC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.94. AGC's Cyclically Adjusted Price-to-FCF for today is 34.04.

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

STU:SHJ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.66   Med: 23.44   Max: 37.55
Current: 35.28

During the past years, AGC's highest Cyclically Adjusted Price-to-FCF was 37.55. The lowest was 7.66. And the median was 23.44.

STU:SHJ's Cyclically Adjusted Price-to-FCF is ranked worse than
61.21% of 562 companies
in the Chemicals industry
Industry Median: 24.7 vs STU:SHJ: 35.28

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.

AGC's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.389. 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 €0.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AGC Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AGC'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.

AGC Cyclically Adjusted Price-to-FCF Chart

AGC 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 12.87 19.29 31.37 27.31 33.57

AGC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 32.29 34.06 32.90 33.57 35.50

Competitive Comparison of AGC's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, AGC'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.


AGC's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, AGC's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



AGC 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.

AGC's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=32.00/0.94
=34.04

* 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.

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

For example, AGC'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)
=0.389/107.2000*107.2000
=0.389

Current CPI (Mar. 2024) = 107.2000.

AGC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.359 98.000 0.393
201409 -0.144 98.500 -0.157
201412 -0.008 97.900 -0.009
201503 0.841 97.900 0.921
201506 0.271 98.400 0.295
201509 -0.136 98.500 -0.148
201512 1.000 98.100 1.093
201603 0.709 97.900 0.776
201606 0.816 98.100 0.892
201609 0.365 98.000 0.399
201612 1.142 98.400 1.244
201703 1.012 98.100 1.106
201706 0.160 98.500 0.174
201709 -0.150 98.800 -0.163
201712 0.588 99.400 0.634
201803 -0.153 99.200 -0.165
201806 -0.247 99.200 -0.267
201809 -0.460 99.900 -0.494
201812 0.113 99.700 0.122
201903 0.430 99.700 0.462
201906 -0.077 99.800 -0.083
201909 0.020 100.100 0.021
201912 -0.611 100.500 -0.652
202003 1.046 100.300 1.118
202006 -0.047 99.900 -0.050
202009 -0.232 99.900 -0.249
202012 0.497 99.300 0.537
202103 1.440 99.900 1.545
202106 0.995 99.500 1.072
202109 0.065 100.100 0.070
202112 1.521 100.100 1.629
202203 0.676 101.100 0.717
202206 0.067 101.800 0.071
202209 -0.499 103.100 -0.519
202212 -0.405 104.100 -0.417
202303 -0.660 104.400 -0.678
202306 0.208 105.200 0.212
202309 0.159 106.200 0.160
202312 0.228 106.800 0.229
202403 0.389 107.200 0.389

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.


AGC  (STU:SHJ) 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.


AGC Cyclically Adjusted Price-to-FCF Related Terms

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


AGC (STU:SHJ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » AGC Inc (STU:SHJ) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
1-5-1, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8405
AGC Inc produces and sells glass and glass-related products in two segments based on product type: Automotive glass and Float glass. The Automotive glass segment, which generates the majority of revenue, is the largest automotive glass supplier in India. The Float glass segment manufactures and sells glass products to the architectural, interior design, and construction industries. The segment also produces solar glass, which is used for solar power generation. Nearly all of the company's revenue comes from India.

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