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Tesgas (WAR:TSG) Cyclically Adjusted Price-to-FCF : 15.95 (As of Jun. 04, 2024)


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What is Tesgas Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), Tesgas's current share price is zł3.19. Tesgas's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was zł0.20. Tesgas's Cyclically Adjusted Price-to-FCF for today is 15.95.

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

WAR:TSG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.3   Med: 93.6   Max: 367
Current: 16.19

During the past years, Tesgas's highest Cyclically Adjusted Price-to-FCF was 367.00. The lowest was 14.30. And the median was 93.60.

WAR:TSG's Cyclically Adjusted Price-to-FCF is ranked better than
51.48% of 237 companies
in the Utilities - Regulated industry
Industry Median: 16.73 vs WAR:TSG: 16.19

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.

Tesgas's adjusted free cash flow per share data for the three months ended in Dec. 2023 was zł1.708. 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 zł0.20 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tesgas Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tesgas'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.

Tesgas Cyclically Adjusted Price-to-FCF Chart

Tesgas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 14.56

Tesgas Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - 124.02 14.56

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

For the Utilities - Regulated Gas subindustry, Tesgas'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.


Tesgas's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tesgas's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Tesgas 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.19/0.2
=15.95

* 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.

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

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.708/147.7411*147.7411
=1.708

Current CPI (Dec. 2023) = 147.7411.

Tesgas Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.203 101.262 0.296
201406 -0.343 101.180 -0.501
201409 -0.508 100.611 -0.746
201412 0.762 100.122 1.124
201503 0.281 100.041 0.415
201506 0.358 100.448 0.527
201509 -0.462 99.634 -0.685
201512 0.827 99.471 1.228
201603 -0.584 98.983 -0.872
201606 -0.569 99.552 -0.844
201609 -0.551 99.064 -0.822
201612 0.251 100.366 0.369
201703 0.020 101.018 0.029
201706 -0.041 101.180 -0.060
201709 -0.166 101.343 -0.242
201712 -0.053 102.564 -0.076
201803 -0.229 102.564 -0.330
201806 -0.266 103.378 -0.380
201809 -0.012 103.378 -0.017
201812 0.147 103.785 0.209
201903 0.199 104.274 0.282
201906 -0.340 105.983 -0.474
201909 0.629 105.983 0.877
201912 -0.573 107.123 -0.790
202003 0.178 109.076 0.241
202006 -0.110 109.402 -0.149
202009 0.398 109.320 0.538
202012 -0.174 109.565 -0.235
202103 0.348 112.658 0.456
202106 0.047 113.960 0.061
202109 0.463 115.588 0.592
202112 -1.345 119.088 -1.669
202203 0.684 125.031 0.808
202206 -0.453 131.705 -0.508
202209 1.093 135.531 1.191
202212 -0.378 139.113 -0.401
202303 0.142 145.950 0.144
202306 -0.378 147.009 -0.380
202309 1.036 146.113 1.048
202312 1.708 147.741 1.708

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.


Tesgas  (WAR:TSG) 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.


Tesgas Cyclically Adjusted Price-to-FCF Related Terms

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


Tesgas (WAR:TSG) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ulica Batorowska 9, D?browa, Dopiewo, POL, 62-070
Tesgas SA offers transmission and distribution of natural gas, construction and renovation of gas networks, gas stations & boiler rooms and facilities associated with the extraction of natural gas and crude oil.

Tesgas (WAR:TSG) Headlines

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