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Artesian Resources (Artesian Resources) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


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What is Artesian Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Artesian Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Artesian Resources'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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Artesian Resources Cyclically Adjusted Price-to-FCF Chart

Artesian Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Artesian Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Artesian Resources's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Water subindustry, Artesian Resources'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.


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

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

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



Artesian Resources 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.

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

For example, Artesian Resources'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)
=-0.471/129.4194*129.4194
=-0.471

Current CPI (Dec. 2023) = 129.4194.

Artesian Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.261 99.695 0.339
201406 -0.224 100.560 -0.288
201409 -0.293 100.428 -0.378
201412 -0.332 99.070 -0.434
201503 0.490 99.621 0.637
201506 0.116 100.684 0.149
201509 0.092 100.392 0.119
201512 0.160 99.792 0.208
201603 0.292 100.470 0.376
201606 -0.169 101.688 -0.215
201609 0.087 101.861 0.111
201612 -0.043 101.863 -0.055
201703 0.266 102.862 0.335
201706 -0.407 103.349 -0.510
201709 -0.149 104.136 -0.185
201712 -0.285 104.011 -0.355
201803 -0.432 105.290 -0.531
201806 -0.680 106.317 -0.828
201809 -0.383 106.507 -0.465
201812 -0.647 105.998 -0.790
201903 -0.156 107.251 -0.188
201906 -0.828 108.070 -0.992
201909 -0.536 108.329 -0.640
201912 -0.817 108.420 -0.975
202003 -0.223 108.902 -0.265
202006 -0.324 108.767 -0.386
202009 -0.698 109.815 -0.823
202012 -0.240 109.897 -0.283
202103 0.422 111.754 0.489
202106 -1.020 114.631 -1.152
202109 -0.535 115.734 -0.598
202112 0.126 117.630 0.139
202203 0.216 121.301 0.230
202206 -1.238 125.017 -1.282
202209 -0.204 125.227 -0.211
202212 -1.326 125.222 -1.370
202303 -0.661 127.348 -0.672
202306 -1.080 128.729 -1.086
202309 -0.816 129.860 -0.813
202312 -0.471 129.419 -0.471

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.


Artesian Resources  (NAS:ARTNA) 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.


Artesian Resources Cyclically Adjusted Price-to-FCF Related Terms

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


Artesian Resources (Artesian Resources) Business Description

Traded in Other Exchanges
Address
664 Churchmans Road, Newark, DE, USA, 19702
Artesian Resources Corp operates as the holding company of eight wholly-owned subsidiaries offering water, wastewater, and other services on the Delmarva Peninsula. It distributes and sells water, including water for public and private fire protection, to residential, commercial, industrial, municipal, and utility customers in the states of Delaware, Maryland, and Pennsylvania. The company is focusing on a wide spectrum of activities, which include identifying new and dependable sources of water supply; developing wells, treatment plants and delivery systems to get water to customers.
Executives
Nicholle Renee Taylor director, officer: Director / Vice President 664 CHURCHMANS ROAD, NEWARK DE 19702
John M Thaeder officer: Senior VP of Operations
Emerson Courtney A officer: Gen Counsel & Asst Secretary 107 DODGE DRIVE, SMYRNA DE 19977
Dian C Taylor director, officer: C.E.O. President
Kenneth R Biederman director
Raymond T. Kelly officer: VP of Information Technology 15 GABRIELLE CIRCLE, SWEDESBORO NJ 08085
Daniel Konstanski officer: Vice President of Engineering 607 S CLAYTON STREET, WILMINGTON DE 19805
Eisenbrey John R Jr director
Pierre A Anderson officer: VP of Information Technology 664 CHURCHMANS ROAD, NEWARK DE 19702
William C Wyer director
Michael Houghton director 212 CLOVER DRIVE, HOCKESSIN DE 19707
Karl G. Randall officer: Asst Secretary and Gen Counsel 664 CHURCHMANS ROAD, NEWARK DE 19702
Schreppler John J Ii officer: VP and General Counsel
Joseph A Dinunzio officer: Exec VP / Corp Secretary 664 CHURCHMANS ROAD, NEWARK DE 19702
David B Spacht officer: CFO and Treasurer