GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tehnika DD (ZAG:THNK) » Definitions » Cyclically Adjusted Price-to-FCF

Tehnika DD (ZAG:THNK) Cyclically Adjusted Price-to-FCF : (As of Jun. 21, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Tehnika DD Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tehnika DD Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tehnika DD'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.

Tehnika DD Cyclically Adjusted Price-to-FCF Chart

Tehnika DD 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 - - - - -

Tehnika DD Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 Tehnika DD's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Tehnika DD'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.


Tehnika DD's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



Tehnika DD 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.

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

For example, Tehnika DD'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)
=-3.543/131.7762*131.7762
=-3.543

Current CPI (Mar. 2024) = 131.7762.

Tehnika DD Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 17.862 100.560 23.407
201409 -7.399 100.428 -9.709
201412 -6.601 99.070 -8.780
201503 16.894 99.621 22.347
201506 13.234 100.684 17.321
201509 -17.952 100.392 -23.564
201512 -18.165 99.792 -23.987
201603 13.835 100.470 18.146
201606 -1.878 101.688 -2.434
201609 -16.782 101.861 -21.711
201612 -7.947 101.863 -10.281
201703 6.090 102.862 7.802
201706 -0.298 103.349 -0.380
201709 -4.053 104.136 -5.129
201712 -117.457 104.011 -148.811
201803 -2.479 105.290 -3.103
201806 0.106 106.317 0.131
201809 -20.202 106.507 -24.995
201812 -43.899 105.998 -54.575
201903 0.851 107.251 1.046
201906 -19.894 108.070 -24.258
201909 15.867 108.329 19.301
201912 45.367 108.420 55.140
202003 7.016 108.902 8.490
202006 1.293 108.767 1.567
202009 -1.186 109.815 -1.423
202012 1.511 109.897 1.812
202103 -3.420 111.754 -4.033
202106 38.782 114.631 44.582
202109 -11.819 115.734 -13.457
202112 31.463 117.630 35.247
202203 -7.521 121.301 -8.170
202206 -6.537 125.017 -6.890
202209 -3.266 125.227 -3.437
202212 11.676 125.222 12.287
202303 -12.894 127.348 -13.342
202306 16.878 128.729 17.278
202309 -12.457 129.860 -12.641
202312 29.394 129.419 29.929
202403 -3.543 131.776 -3.543

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.


Tehnika DD  (ZAG:THNK) 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.


Tehnika DD Cyclically Adjusted Price-to-FCF Related Terms

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


Tehnika DD (ZAG:THNK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ulica grada Vukovara 274, Zagreb, HRV, 10000
Tehnika DD operates in the engineering and construction industry in Croatia. The company is engaged in constructing high rise buildings for business and public, residential architecture, educational facilities, catering facilities, hotels, and industrial facilities.

Tehnika DD (ZAG:THNK) Headlines

No Headlines