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Asbestos (TSXV:AB.H) Cyclically Adjusted Price-to-FCF : (As of Dec. 13, 2024)


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What is Asbestos Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Asbestos Cyclically Adjusted Price-to-FCF Historical Data

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

Asbestos Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Asbestos Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Asbestos's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Asbestos'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.


Asbestos's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Asbestos's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Asbestos 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.

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

For example, Asbestos's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.044/127.2847*127.2847
=0.044

Current CPI (Sep. 2024) = 127.2847.

Asbestos Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.292 98.367 -0.378
201503 -0.199 99.789 -0.254
201506 -0.716 100.500 -0.907
201509 -0.406 100.421 -0.515
201512 0.154 99.947 0.196
201603 0.124 101.054 0.156
201606 -0.151 102.002 -0.188
201609 0.570 101.765 0.713
201612 0.483 101.449 0.606
201703 -0.525 102.634 -0.651
201706 -0.422 103.029 -0.521
201709 -0.254 103.345 -0.313
201712 -0.037 103.345 -0.046
201803 -0.199 105.004 -0.241
201806 -0.102 105.557 -0.123
201809 0.070 105.636 0.084
201812 -0.148 105.399 -0.179
201903 0.003 106.979 0.004
201906 0.471 107.690 0.557
201909 -0.304 107.611 -0.360
201912 -0.495 107.769 -0.585
202003 -0.093 107.927 -0.110
202006 0.096 108.401 0.113
202009 -0.115 108.164 -0.135
202012 -0.016 108.559 -0.019
202103 -0.462 110.298 -0.533
202106 -0.156 111.720 -0.178
202109 0.022 112.905 0.025
202112 0.181 113.774 0.202
202203 -0.023 117.646 -0.025
202206 0.194 120.806 0.204
202209 -0.283 120.648 -0.299
202212 0.073 120.964 0.077
202303 0.122 122.702 0.127
202306 -0.270 124.203 -0.277
202309 0.652 125.230 0.663
202312 0.567 125.072 0.577
202403 -0.150 126.258 -0.151
202406 -0.066 127.522 -0.066
202409 0.044 127.285 0.044

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.


Asbestos  (TSXV:AB.H) 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.


Asbestos Cyclically Adjusted Price-to-FCF Related Terms

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Asbestos Business Description

Traded in Other Exchanges
N/A
Address
840 Ouellet Boulevard, Thetford Mines, QC, CAN, G6G 7A5
Asbestos Corp Ltd is a Canada-based company that is engaged in maintaining mining assets. It generates revenue from Canada. The company derives key revenue from building rentals and royalties. Sale of Land, revenue demonstration plant, and other revenue from mining properties.

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