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ABM Solid (WAR:ABM) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is ABM Solid Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


ABM Solid Cyclically Adjusted Price-to-FCF Historical Data

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

ABM Solid Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Price-to-FCF
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ABM Solid Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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Competitive Comparison of ABM Solid's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, ABM Solid'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.


ABM Solid's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



ABM Solid 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.

ABM Solid's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2019 is calculated as:

For example, ABM Solid's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2019 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2019 (Change)*Current CPI (Mar. 2019)
=2.595/104.2735*104.2735
=2.595

Current CPI (Mar. 2019) = 104.2735.

ABM Solid Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200906 -23.957 90.761 -27.524
200909 -7.349 90.517 -8.466
200912 36.238 90.843 41.596
201003 -16.168 91.819 -18.361
201006 -14.580 92.715 -16.398
201009 -50.974 92.715 -57.329
201012 83.909 93.692 93.386
201103 -44.343 95.889 -48.220
201106 -8.058 96.541 -8.703
201109 9.415 96.296 10.195
201112 23.855 98.006 25.381
201203 -13.271 99.552 -13.900
201206 -6.093 100.448 -6.325
201209 14.260 99.715 14.912
201212 16.937 100.285 17.611
201303 -3.393 100.529 -3.519
201306 3.048 100.855 3.151
201309 1.878 100.936 1.940
201312 -3.327 101.018 -3.434
201403 6.647 101.262 6.845
201406 -1.226 101.180 -1.263
201409 -11.003 100.611 -11.404
201412 9.907 100.122 10.318
201503 -5.198 100.041 -5.418
201506 2.839 100.448 2.947
201509 0.082 99.634 0.086
201512 4.465 99.471 4.681
201603 4.495 98.983 4.735
201606 -7.618 99.552 -7.979
201609 -2.764 99.064 -2.909
201612 -6.100 100.366 -6.337
201703 -9.184 101.018 -9.480
201706 1.035 101.180 1.067
201709 -4.375 101.343 -4.502
201712 2.113 102.564 2.148
201803 4.216 102.564 4.286
201806 -5.318 103.378 -5.364
201809 -0.942 103.378 -0.950
201812 -1.072 103.785 -1.077
201903 2.595 104.274 2.595

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.


ABM Solid  (WAR:ABM) 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.


ABM Solid Cyclically Adjusted Price-to-FCF Related Terms

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


ABM Solid (WAR:ABM) Business Description

Industry
Traded in Other Exchanges
N/A
Address
ul. Bartla 3, Tarnow, POL, 33-100
ABM Solid SA is a construction company, operating in all key construction segments. It provides services from designing to completion and commissioning of the constructed object.