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Obrascon Huarte Lain (XMAD:OHLA) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is Obrascon Huarte Lain Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Obrascon Huarte Lain Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Obrascon Huarte Lain'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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Obrascon Huarte Lain Cyclically Adjusted Price-to-FCF Chart

Obrascon Huarte Lain 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 - 8.32 5.35 - -

Obrascon Huarte Lain 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 - - - - -

Competitive Comparison of Obrascon Huarte Lain's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Obrascon Huarte Lain'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.


Obrascon Huarte Lain's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



Obrascon Huarte Lain 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.

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

For example, Obrascon Huarte Lain'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)
=0.052/121.3426*121.3426
=0.052

Current CPI (Sep. 2023) = 121.3426.

Obrascon Huarte Lain Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 2.161 101.306 2.588
201403 -1.207 100.139 -1.463
201406 -0.541 101.081 -0.649
201409 -0.292 100.441 -0.353
201412 1.791 100.251 2.168
201503 -0.962 99.474 -1.173
201506 0.394 101.138 0.473
201509 -0.080 99.559 -0.098
201512 1.205 100.268 1.458
201603 -1.074 98.638 -1.321
201606 0.369 100.333 0.446
201609 -0.537 99.737 -0.653
201612 0.079 101.842 0.094
201703 -0.924 100.896 -1.111
201706 -0.079 101.848 -0.094
201709 -0.370 101.524 -0.442
201712 0.957 102.975 1.128
201803 -1.030 102.122 -1.224
201806 -1.336 104.165 -1.556
201809 0.000 103.818 0.000
201812 0.000 104.193 0.000
201903 -0.466 103.488 -0.546
201906 -0.252 104.612 -0.292
201909 -0.182 103.905 -0.213
201912 0.472 105.015 0.545
202003 -0.619 103.469 -0.726
202006 0.066 104.254 0.077
202009 -0.296 103.521 -0.347
202012 0.873 104.456 1.014
202103 -0.413 104.857 -0.478
202106 0.046 107.102 0.052
202109 -0.096 107.669 -0.108
202112 0.273 111.298 0.298
202203 -0.245 115.153 -0.258
202206 0.119 118.044 0.122
202209 -0.303 117.221 -0.314
202212 0.449 117.650 0.463
202303 -0.112 118.948 -0.114
202306 0.067 120.278 0.068
202309 0.052 121.343 0.052

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.


Obrascon Huarte Lain  (XMAD:OHLA) 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.


Obrascon Huarte Lain Cyclically Adjusted Price-to-FCF Related Terms

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Obrascon Huarte Lain (XMAD:OHLA) Business Description

Traded in Other Exchanges
Address
Paseo de la Castellana 259 D, Torrespacio, Madrid, ESP, D-28046
Obrascon Huarte Lain SA is engaged in providing all manner of civil engineering and building construction works for public and private customers. Its object also includes the provision of public and private services, the operation of service concession arrangements and hotel complexes, real estate development and the sale of properties.

Obrascon Huarte Lain (XMAD:OHLA) Headlines

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