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


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What is Aspen Aerogels Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aspen Aerogels Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aspen Aerogels'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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Aspen Aerogels Cyclically Adjusted Price-to-FCF Chart

Aspen Aerogels Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Aspen Aerogels 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 Aspen Aerogels's Cyclically Adjusted Price-to-FCF

For the Building Products & Equipment subindustry, Aspen Aerogels'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.


Aspen Aerogels's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



Aspen Aerogels 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.

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

For example, Aspen Aerogels'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)
=-0.436/129.4194*129.4194
=-0.436

Current CPI (Dec. 2023) = 129.4194.

Aspen Aerogels Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.014 99.695 -0.018
201406 -0.552 100.560 -0.710
201409 -0.029 100.428 -0.037
201412 -0.170 99.070 -0.222
201503 -0.617 99.621 -0.802
201506 -0.148 100.684 -0.190
201509 -0.081 100.392 -0.104
201512 0.125 99.792 0.162
201603 -0.145 100.470 -0.187
201606 -0.415 101.688 -0.528
201609 0.068 101.861 0.086
201612 -0.105 101.863 -0.133
201703 -0.282 102.862 -0.355
201706 -0.183 103.349 -0.229
201709 0.020 104.136 0.025
201712 -0.015 104.011 -0.019
201803 -0.130 105.290 -0.160
201806 -0.203 106.317 -0.247
201809 -0.146 106.507 -0.177
201812 -0.036 105.998 -0.044
201903 -0.152 107.251 -0.183
201906 0.017 108.070 0.020
201909 -0.170 108.329 -0.203
201912 0.173 108.420 0.207
202003 -0.090 108.902 -0.107
202006 -0.111 108.767 -0.132
202009 -0.081 109.815 -0.095
202012 -0.220 109.897 -0.259
202103 -0.119 111.754 -0.138
202106 -0.037 114.631 -0.042
202109 -0.255 115.734 -0.285
202112 -0.603 117.630 -0.663
202203 -1.133 121.301 -1.209
202206 -1.360 125.017 -1.408
202209 -2.642 125.227 -2.730
202212 -1.677 125.222 -1.733
202303 -1.070 127.348 -1.087
202306 -1.064 128.729 -1.070
202309 -0.574 129.860 -0.572
202312 -0.436 129.419 -0.436

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.


Aspen Aerogels  (NYSE:ASPN) 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.


Aspen Aerogels Cyclically Adjusted Price-to-FCF Related Terms

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


Aspen Aerogels (Aspen Aerogels) Business Description

Industry
Traded in Other Exchanges
N/A
Address
30 Forbes Road, Building B, Northborough, MA, USA, 01532
Aspen Aerogels Inc is an aerogel technology company that designs, develops and manufactures high-performance aerogel insulation used in the energy infrastructure, building materials and electric vehicle markets. The company also conducts research and development related to aerogel technology supported by funding from several agencies of the United States of America government and other institutions in the form of research and development contracts. It is engaged in Energy Industrial and Thermal Barrier. Geographically, it operates in the U.S. and also has a presence in other International countries. Some of its products include Pyrogel XTE; Cryogel Z; and others.
Executives
Gregg Landes officer: VP, Innovation & Strategic Dev C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532
Keith L Schilling officer: Sr. Vice President, Technology 24955 INTERSTATE 45 NORTH, THE WOODLANDS TX 77380
Santhosh P Daniel officer: Chief Accounting Officer C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Steven R Mitchell director C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532
Stephanie Pittman officer: Chief Human Resources Officer C/O ASPEN AEROGELS, INC., 30 FORBES RD., BUILDING B, NORTHBOROUGH MA 01532
Mark L Noetzel director 1000 ABERNATHY ROAD N.E., SUITE 1200, ATLANTA GA 30328
Donald R Young director, officer: President and CEO C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532
James E Sweetnam director DANA HOLDING CORPORATION, 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Wood River Capital, Llc 10 percent owner 4111 E. 37TH STREET N, WICHITA KS 67220
Kathleen Kool director 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Virginia Johnson officer: CLO, GC and Secretary 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532
Ricardo C. Rodriguez officer: SVP, CFO & Treasurer C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532
Koch Industries Inc 10 percent owner 4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Robert M. Gervis director 1000 ABERNATHY ROAD N.E., SUITE 1200, ATLANTA GA 30328
Kelley Conte officer: Vice President,Human Resources C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532