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Phoslock Environmental Technologies (ASX:PET) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is Phoslock Environmental Technologies Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Phoslock Environmental Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Phoslock Environmental Technologies'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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Phoslock Environmental Technologies Cyclically Adjusted Price-to-FCF Chart

Phoslock Environmental Technologies Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Phoslock Environmental Technologies Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Competitive Comparison of Phoslock Environmental Technologies's Cyclically Adjusted Price-to-FCF

For the Pollution & Treatment Controls subindustry, Phoslock Environmental Technologies'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.


Phoslock Environmental Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Phoslock Environmental Technologies's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Phoslock Environmental Technologies 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.

Phoslock Environmental Technologies's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Phoslock Environmental Technologies's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=-0.012/121.4767*121.4767
=-0.012

Current CPI (Dec22) = 121.4767.

Phoslock Environmental Technologies Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 -0.006 95.473 -0.008
201406 -0.004 98.352 -0.005
201506 -0.006 99.838 -0.007
201606 -0.008 100.859 -0.010
201706 -0.011 102.809 -0.013
201806 -0.011 104.945 -0.013
201912 0.014 107.917 0.016
202012 -0.021 108.846 -0.023
202112 -0.011 112.654 -0.012
202212 -0.012 121.477 -0.012

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.


Phoslock Environmental Technologies  (ASX:PET) 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.


Phoslock Environmental Technologies Cyclically Adjusted Price-to-FCF Related Terms

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Phoslock Environmental Technologies (ASX:PET) Business Description

Traded in Other Exchanges
N/A
Address
650 Chapel Street, Unit D, Level 2, Como Centre, South Yarra, VIC, AUS, 3141
Phoslock Environmental Technologies Ltd provides water technologies and engineering solutions to manage nutrients and other water pollutants. The company has several products to manage unhealthy water bodies and promote healthy aquatic environments. Its business includes the sale of Phoslock granules and application services and lake restoration consulting services. The geographical segments of the group are Australia/New Zealand, Europe/UK, US/Canada/Brazil and China.