GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Locindus (XPAR:LD) » Definitions » Cyclically Adjusted Price-to-FCF

Locindus (XPAR:LD) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Locindus Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Locindus Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Locindus'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.

Locindus Cyclically Adjusted Price-to-FCF Chart

Locindus Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Locindus Semi-Annual Data
Dec07 Dec08 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 Locindus's Cyclically Adjusted Price-to-FCF

For the Mortgage Finance subindustry, Locindus'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.


Locindus's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Locindus's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Locindus 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.

Locindus's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec17 is calculated as:

For example, Locindus's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec17 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec17 (Change)*Current CPI (Dec17)
=-0.243/101.8500*101.8500
=-0.243

Current CPI (Dec17) = 101.8500.

Locindus Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200812 6.215 92.950 6.810
200912 11.254 93.800 12.220
201012 -5.995 95.450 -6.397
201112 3.906 97.800 4.068
201212 6.963 99.100 7.156
201312 -0.775 99.800 -0.791
201412 -3.796 99.860 -3.872
201512 3.736 100.040 3.804
201612 0.829 100.650 0.839
201712 -0.243 101.850 -0.243

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.


Locindus  (XPAR:LD) 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.


Locindus Cyclically Adjusted Price-to-FCF Related Terms

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


Locindus (XPAR:LD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Locindus (XPAR:LD) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
Locindus is a France-based Company is engaged in real estate sector. It engages in long-term real estate financing operations and mortgage lending activities in France. It also provides consulting and real estate project management services; and leases.

Locindus (XPAR:LD) Headlines