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California Nanotechnologies (TSXV:CNO) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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What is California Nanotechnologies Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


California Nanotechnologies Cyclically Adjusted Price-to-FCF Historical Data

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

California Nanotechnologies Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted Price-to-FCF
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California Nanotechnologies Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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Competitive Comparison of California Nanotechnologies's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, California Nanotechnologies'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.


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

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

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



California Nanotechnologies 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.

California Nanotechnologies's Cyclically Adjusted FCF per Share for the quarter that ended in Nov. 2023 is calculated as:

For example, California Nanotechnologies's adjusted Free Cash Flow per Share data for the three months ended in Nov. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=0.009/125.4675*125.4675
=0.009

Current CPI (Nov. 2023) = 125.4675.

California Nanotechnologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201402 -0.002 98.051 -0.003
201405 -0.003 99.394 -0.004
201408 -0.003 99.315 -0.004
201411 -0.003 99.078 -0.004
201502 -0.004 99.078 -0.005
201505 -0.002 100.263 -0.003
201508 -0.002 100.579 -0.002
201511 0.001 100.421 0.001
201602 -0.002 100.421 -0.002
201605 -0.003 101.765 -0.004
201608 -0.002 101.686 -0.002
201611 0.001 101.607 0.001
201702 -0.005 102.476 -0.006
201705 -0.002 103.108 -0.002
201708 -0.011 103.108 -0.013
201711 -0.012 103.740 -0.015
201802 0.001 104.688 0.001
201805 0.001 105.399 0.001
201808 0.000 106.031 0.000
201811 0.002 105.478 0.002
201902 0.000 106.268 0.000
201905 0.000 107.927 0.000
201908 0.002 108.085 0.002
201911 0.001 107.769 0.001
202002 0.003 108.559 0.003
202005 -0.002 107.532 -0.002
202008 0.002 108.243 0.002
202011 0.001 108.796 0.001
202102 0.003 109.745 0.003
202105 0.000 111.404 0.000
202108 0.000 112.668 0.000
202111 0.000 113.932 0.000
202202 0.005 115.986 0.005
202205 0.007 120.016 0.007
202208 0.004 120.569 0.004
202211 0.005 121.675 0.005
202302 0.008 122.070 0.008
202305 -0.003 124.045 -0.003
202308 0.001 125.389 0.001
202311 0.009 125.468 0.009

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.


California Nanotechnologies  (TSXV:CNO) 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.


California Nanotechnologies Cyclically Adjusted Price-to-FCF Related Terms

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California Nanotechnologies (TSXV:CNO) Business Description

Traded in Other Exchanges
Address
900, 517 - 10th Avenue S.W., Calgary, AB, CAN, T2R 0A8
California Nanotechnologies Corp engages in the production, and research and development of nanostructured components and materials. Its products include precision forged components, thermal spray powders, nano light alloy powders, nanoalloy billets, nano superalloy powders, cemented carbides, and tooling. The company products are used in Aerospace, Defense, Automotive, Medical, and Sport and Recreation industries.