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Inner East Community Finance (XNEC:IEC) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


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What is Inner East Community Finance Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Inner East Community Finance Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Inner East Community 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.

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Inner East Community Finance Cyclically Adjusted Price-to-FCF Chart

Inner East Community Finance Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted Price-to-FCF
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Inner East Community Finance Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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Competitive Comparison of Inner East Community Finance's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Inner East Community 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.


Inner East Community Finance's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Inner East Community Finance's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Inner East Community Finance's Cyclically Adjusted Price-to-FCF falls into.



Inner East Community 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.

Inner East Community Finance's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun22 is calculated as:

For example, Inner East Community Finance's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun22 (Change)*Current CPI (Jun22)
=-0.006/117.1117*117.1117
=-0.006

Current CPI (Jun22) = 117.1117.

Inner East Community Finance Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 -0.048 95.473 -0.059
201406 -0.021 98.352 -0.025
201506 -0.001 99.838 -0.001
201606 -0.001 100.859 -0.001
201706 0.000 102.809 0.000
201806 0.000 104.945 0.000
201906 0.003 106.617 0.003
202006 0.005 106.246 0.006
202106 0.004 110.332 0.004
202206 -0.006 117.112 -0.006

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.


Inner East Community Finance  (XNEC:IEC) 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.


Inner East Community Finance Cyclically Adjusted Price-to-FCF Related Terms

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


Inner East Community Finance (XNEC:IEC) Business Description

Traded in Other Exchanges
N/A
Address
2 Regent Ave, Suite 2, Springvale, AUS, 3171
Inner East Community Finance Ltd provides plant hire services for the construction and building industry. The company also provides commercial and construction management services and sale of scaffolding equipment.

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