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Synex Renewable Energy (TSX:SXI) Cyclically Adjusted Price-to-FCF : (As of May. 01, 2024)


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What is Synex Renewable Energy Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Synex Renewable Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Synex Renewable Energy'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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Synex Renewable Energy Cyclically Adjusted Price-to-FCF Chart

Synex Renewable Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Synex Renewable Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Synex Renewable Energy's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, Synex Renewable Energy'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.


Synex Renewable Energy's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Synex Renewable Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Synex Renewable Energy 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.

Synex Renewable Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Synex Renewable Energy's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.032/125.4675*125.4675
=-0.032

Current CPI (Dec. 2023) = 125.4675.

Synex Renewable Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.024 98.604 -0.031
201406 0.325 99.473 0.410
201409 -0.243 99.394 -0.307
201412 -0.062 98.367 -0.079
201503 0.084 99.789 0.106
201506 0.038 100.500 0.047
201509 -0.214 100.421 -0.267
201512 0.133 99.947 0.167
201603 0.178 101.054 0.221
201606 0.028 102.002 0.034
201609 -0.167 101.765 -0.206
201612 0.099 101.449 0.122
201703 0.008 102.634 0.010
201706 0.149 103.029 0.181
201709 -0.062 103.345 -0.075
201712 -0.079 103.345 -0.096
201803 -0.079 105.004 -0.094
201806 0.060 105.557 0.071
201809 -0.151 105.636 -0.179
201812 -0.055 105.399 -0.065
201903 0.087 106.979 0.102
201906 -0.033 107.690 -0.038
201909 -0.086 107.611 -0.100
201912 -0.011 107.769 -0.013
202003 0.006 107.927 0.007
202006 0.077 108.401 0.089
202009 -0.105 108.164 -0.122
202012 0.053 108.559 0.061
202103 -0.007 110.298 -0.008
202106 -0.111 111.720 -0.125
202109 -0.003 112.905 -0.003
202112 0.019 113.774 0.021
202203 0.016 117.646 0.017
202206 0.040 120.806 0.042
202209 -0.059 120.648 -0.061
202212 -0.136 120.964 -0.141
202303 0.029 122.702 0.030
202306 0.004 124.203 0.004
202309 -0.103 125.230 -0.103
202312 -0.032 125.468 -0.032

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.


Synex Renewable Energy  (TSX:SXI) 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.


Synex Renewable Energy Cyclically Adjusted Price-to-FCF Related Terms

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Synex Renewable Energy (TSX:SXI) Business Description

Traded in Other Exchanges
Address
4248 Broughton Avenue, Niagara Falls, ON, CAN, L2E 0A4
Synex Renewable Energy Corp is engaged in the development, ownership, and operation of electric power facilities and the provision of consulting engineering and environmental services in water resources, particularly hydroelectric facilities. Its projects include Barr Creek Hydro Plant, Mears Creek Hydro Project, Cypress Creek Hydro Project, and Sea Breeze products among others.

Synex Renewable Energy (TSX:SXI) Headlines