GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Transurban Group (OTCPK:TRAUF) » Definitions » Cyclically Adjusted Price-to-FCF

Transurban Group (Transurban Group) Cyclically Adjusted Price-to-FCF : 817.00 (As of May. 15, 2024)


View and export this data going back to . Start your Free Trial

What is Transurban Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Transurban Group's current share price is $8.17. Transurban Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was $0.01. Transurban Group's Cyclically Adjusted Price-to-FCF for today is 817.00.

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

TRAUF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 57.09   Med: 136.14   Max: 1623.38
Current: 1103.54

During the past 13 years, Transurban Group's highest Cyclically Adjusted Price-to-FCF was 1623.38. The lowest was 57.09. And the median was 136.14.

TRAUF's Cyclically Adjusted Price-to-FCF is ranked worse than
99.49% of 583 companies
in the Construction industry
Industry Median: 18.04 vs TRAUF: 1103.54

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.

Transurban Group's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was $0.062. 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 $0.01 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Transurban Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Transurban Group'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.

Transurban Group Cyclically Adjusted Price-to-FCF Chart

Transurban Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,081.34 - 1,870.05 981.04 1,256.03

Transurban Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 981.04 - 1,256.03 -

Competitive Comparison of Transurban Group's Cyclically Adjusted Price-to-FCF

For the Infrastructure Operations subindustry, Transurban Group'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.


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

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

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



Transurban Group 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.17/0.01
=817.00

* 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.

Transurban Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Transurban Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.062/124.1700*124.1700
=0.062

Current CPI (Jun23) = 124.1700.

Transurban Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.198 98.352 0.250
201506 0.009 99.838 0.011
201606 0.143 100.859 0.176
201706 0.021 102.809 0.025
201806 -0.071 104.945 -0.084
201906 -0.181 106.617 -0.211
202006 -0.110 106.246 -0.129
202106 -0.042 110.332 -0.047
202206 0.087 117.112 0.092
202306 0.062 124.170 0.062

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.


Transurban Group  (OTCPK:TRAUF) 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.


Transurban Group Cyclically Adjusted Price-to-FCF Related Terms

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


Transurban Group (Transurban Group) Business Description

Industry
Traded in Other Exchanges
Address
727 Collins Street, Level 31, Tower 5, Collins Square, Docklands, VIC, AUS, 3008
Transurban Group is an owner/operator of toll roads in Melbourne, Sydney, and Brisbane. It also owns toll roads in Virginia, USA and Montreal, Canada. The weighted average concession life across the portfolio is about 28 years. Australian assets contribute around 90% of proportional revenue.

Transurban Group (Transurban Group) Headlines

From GuruFocus

Transurban Group's Dividend Analysis

By GuruFocus Research 12-27-2023