GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CENTURION FINANCE SA (WAR:CTF) » Definitions » Cyclically Adjusted Price-to-FCF

CENTURION FINANCE (WAR:CTF) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


View and export this data going back to 2012. Start your Free Trial

What is CENTURION FINANCE Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


CENTURION FINANCE Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CENTURION FINANCE'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.

CENTURION FINANCE Cyclically Adjusted Price-to-FCF Chart

CENTURION FINANCE Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

CENTURION FINANCE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 - - - - -

Competitive Comparison of CENTURION FINANCE's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, CENTURION FINANCE'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.


CENTURION FINANCE's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CENTURION FINANCE's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



CENTURION FINANCE 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.

CENTURION FINANCE's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.001/149.0435*149.0435
=-0.001

Current CPI (Mar. 2024) = 149.0435.

CENTURION FINANCE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.000 100.285 0.000
201303 0.002 100.529 0.003
201306 -0.002 100.855 -0.003
201309 -0.007 100.936 -0.010
201312 -0.011 101.018 -0.016
201403 -0.001 101.262 -0.001
201406 -0.015 101.180 -0.022
201409 -0.039 100.611 -0.058
201412 0.033 100.122 0.049
201503 -0.081 100.041 -0.121
201506 -0.067 100.448 -0.099
201509 -0.319 99.634 -0.477
201603 0.000 98.983 0.000
201606 0.001 99.552 0.001
201609 -0.003 99.064 -0.005
201703 0.000 101.018 0.000
201712 0.000 102.564 0.000
201806 0.000 103.378 0.000
201809 0.000 103.378 0.000
201812 0.000 103.785 0.000
201903 0.000 104.274 0.000
201906 -0.001 105.983 -0.001
201909 -0.001 105.983 -0.001
201912 0.000 107.123 0.000
202003 0.000 109.076 0.000
202006 0.000 109.402 0.000
202009 -0.004 109.320 -0.005
202012 0.024 109.565 0.033
202103 -0.003 112.658 -0.004
202106 0.019 113.960 0.025
202109 0.006 115.588 0.008
202112 0.016 119.088 0.020
202203 -0.005 125.031 -0.006
202206 0.012 131.705 0.014
202209 -0.012 135.531 -0.013
202212 0.085 139.113 0.091
202303 -0.007 145.950 -0.007
202306 -0.002 147.009 -0.002
202309 -0.001 146.113 -0.001
202403 -0.001 149.044 -0.001

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.


CENTURION FINANCE  (WAR:CTF) 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.


CENTURION FINANCE Cyclically Adjusted Price-to-FCF Related Terms

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


CENTURION FINANCE (WAR:CTF) Business Description

Traded in Other Exchanges
N/A
Address
Street Aleksandra Zajaca 22, Katowice, POL, 40-749
CENTURION FINANCE SA is an investment company. The company is engaged in investing in the segment of Private Equity and Venture Capital in Poland and other countries.

CENTURION FINANCE (WAR:CTF) Headlines

No Headlines