GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ciech SA (WAR:CIE) » Definitions » Cyclically Adjusted Price-to-FCF

Ciech (WAR:CIE) Cyclically Adjusted Price-to-FCF : 12.35 (As of May. 15, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Ciech Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Ciech's current share price is zł53.00. Ciech's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was zł4.29. Ciech's Cyclically Adjusted Price-to-FCF for today is 12.35.

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

WAR:CIE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.81   Med: 39.9   Max: 98.71
Current: 12.59

During the past years, Ciech's highest Cyclically Adjusted Price-to-FCF was 98.71. The lowest was 10.81. And the median was 39.90.

WAR:CIE's Cyclically Adjusted Price-to-FCF is not ranked
in the Chemicals industry.
Industry Median: 25.6 vs WAR:CIE: 12.59

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.

Ciech's adjusted free cash flow per share data for the three months ended in Sep. 2023 was zł2.455. 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 zł4.29 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ciech Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ciech'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.

Ciech Cyclically Adjusted Price-to-FCF Chart

Ciech Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.86 48.44 98.60 15.29 10.80

Ciech Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 14.13 10.80 15.11 13.12 12.59

Competitive Comparison of Ciech's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Ciech'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.


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

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

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



Ciech 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=53.00/4.29
=12.35

* 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.

Ciech's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=2.455/146.1131*146.1131
=2.455

Current CPI (Sep. 2023) = 146.1131.

Ciech Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.885 101.018 -1.280
201403 0.771 101.262 1.112
201406 1.780 101.180 2.570
201409 -0.151 100.611 -0.219
201412 0.685 100.122 1.000
201503 0.576 100.041 0.841
201506 -0.615 100.448 -0.895
201509 0.979 99.634 1.436
201512 -1.825 99.471 -2.681
201603 -1.379 98.983 -2.036
201606 3.467 99.552 5.089
201609 1.101 99.064 1.624
201612 3.382 100.366 4.924
201703 -2.494 101.018 -3.607
201706 3.639 101.180 5.255
201709 0.601 101.343 0.867
201712 2.380 102.564 3.391
201803 -2.345 102.564 -3.341
201806 2.011 103.378 2.842
201809 0.735 103.378 1.039
201812 -1.546 103.785 -2.177
201903 -2.329 104.274 -3.264
201906 1.298 105.983 1.789
201909 0.746 105.983 1.028
201912 2.642 107.123 3.604
202003 -2.935 109.076 -3.932
202006 1.524 109.402 2.035
202009 0.731 109.320 0.977
202012 -0.742 109.565 -0.990
202103 -1.076 112.658 -1.396
202106 0.384 113.960 0.492
202109 -0.401 115.588 -0.507
202112 8.301 119.088 10.185
202203 -1.309 125.031 -1.530
202206 -1.595 131.705 -1.769
202209 0.401 135.531 0.432
202212 2.357 139.113 2.476
202303 -3.881 145.950 -3.885
202306 0.357 147.009 0.355
202309 2.455 146.113 2.455

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.


Ciech  (WAR:CIE) 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.


Ciech Cyclically Adjusted Price-to-FCF Related Terms

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


Ciech (WAR:CIE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ciech SA (WAR:CIE) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
ul Wspolna Street 62, Warsaw, POL, 00-684
Ciech SA manufactures and sells soda ash, glass, and chemical-based products. The firm's four segments are based on product type and function. The Soda segment, which generates the majority of revenue, sells soda ash used in the production of glass, detergents, and chemicals. Agro Segment is a manufacturer of crop protection products used in agriculture. The resins segment produces epoxy resins and polyester resins. Foams Segment is a producer of polyurethane foams, mainly used in the furniture industry for upholstered furniture and mattresses. Silicates Segment manufactures sodium silicates and potassium silicates. The packaging segment manufactures glass packaging lanterns and jars, used in the food industry and for the production of headstone lamps.

Ciech (WAR:CIE) Headlines

No Headlines