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Cleanaway Co (TPE:8422) Cyclically Adjusted Price-to-FCF : 36.34 (As of Jun. 16, 2024)


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What is Cleanaway Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-16), Cleanaway Co's current share price is NT$191.50. Cleanaway Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$5.27. Cleanaway Co's Cyclically Adjusted Price-to-FCF for today is 36.34.

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

TPE:8422' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.71   Med: 18.54   Max: 36.53
Current: 36.37

During the past years, Cleanaway Co's highest Cyclically Adjusted Price-to-FCF was 36.53. The lowest was 14.71. And the median was 18.54.

TPE:8422's Cyclically Adjusted Price-to-FCF is ranked worse than
69.23% of 52 companies
in the Waste Management industry
Industry Median: 21.41 vs TPE:8422: 36.37

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.

Cleanaway Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-6.832. 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 NT$5.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cleanaway Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cleanaway Co'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.

Cleanaway Co Cyclically Adjusted Price-to-FCF Chart

Cleanaway Co 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 17.16 16.24 21.77 18.95 29.73

Cleanaway Co 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 19.39 24.85 23.61 29.73 33.81

Competitive Comparison of Cleanaway Co's Cyclically Adjusted Price-to-FCF

For the Waste Management subindustry, Cleanaway Co'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.


Cleanaway Co's Cyclically Adjusted Price-to-FCF Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Cleanaway Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Cleanaway Co 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=191.50/5.27
=36.34

* 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.

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

For example, Cleanaway Co'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)
=-6.832/131.7762*131.7762
=-6.832

Current CPI (Mar. 2024) = 131.7762.

Cleanaway Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.276 100.560 1.672
201409 0.025 100.428 0.033
201412 2.985 99.070 3.970
201503 2.047 99.621 2.708
201506 5.929 100.684 7.760
201509 3.373 100.392 4.427
201512 2.207 99.792 2.914
201603 3.412 100.470 4.475
201606 2.075 101.688 2.689
201609 4.182 101.861 5.410
201612 2.809 101.863 3.634
201703 3.970 102.862 5.086
201706 -0.410 103.349 -0.523
201709 2.497 104.136 3.160
201712 3.791 104.011 4.803
201803 1.686 105.290 2.110
201806 1.781 106.317 2.207
201809 -3.882 106.507 -4.803
201812 4.941 105.998 6.143
201903 2.085 107.251 2.562
201906 0.096 108.070 0.117
201909 2.403 108.329 2.923
201912 3.710 108.420 4.509
202003 5.405 108.902 6.540
202006 1.923 108.767 2.330
202009 3.730 109.815 4.476
202012 5.429 109.897 6.510
202103 2.526 111.754 2.979
202106 3.272 114.631 3.761
202109 1.328 115.734 1.512
202112 1.570 117.630 1.759
202203 -13.732 121.301 -14.918
202206 -0.940 125.017 -0.991
202209 3.707 125.227 3.901
202212 1.228 125.222 1.292
202303 2.992 127.348 3.096
202306 -12.481 128.729 -12.776
202309 -10.245 129.860 -10.396
202312 -7.442 129.419 -7.578
202403 -6.832 131.776 -6.832

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.


Cleanaway Co  (TPE:8422) 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.


Cleanaway Co Cyclically Adjusted Price-to-FCF Related Terms

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


Cleanaway Co (TPE:8422) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 308, Zhongshan South Road, 1st Floor, Houhong Village, Gangshan District, Kaohsiung, TWN, 820
Cleanaway Co Ltd offers one-stop-shop services for treating forms of waste. It treats various industrial and hazardous waste materials and owns private landfills for final disposal in Taiwan. The company provides systems for daily activities and solutions for cleaning up contaminated sites. Cleaning an entire location can require on-site sampling and experimental studies to return the location to its natural form. Cleanway provides technologies, contracts, clearance, and transportation to the designated landfill, and it enforces strict compliance with all regulations. Part of the process focuses on quality control and random testing to prevent non-treated or unapproved wastes from entering the company's landfills.

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