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Albemarle (BSP:A1LB34) Cyclically Adjusted Price-to-FCF : 415.00 (As of Apr. 27, 2024)


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What is Albemarle Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Albemarle's current share price is R$24.90. Albemarle's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$0.06. Albemarle's Cyclically Adjusted Price-to-FCF for today is 415.00.

The historical rank and industry rank for Albemarle's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:A1LB34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.29   Med: 32.96   Max: 528.89
Current: 422.09

During the past years, Albemarle's highest Cyclically Adjusted Price-to-FCF was 528.89. The lowest was 14.29. And the median was 32.96.

BSP:A1LB34's Cyclically Adjusted Price-to-FCF is ranked worse than
97.71% of 568 companies
in the Chemicals industry
Industry Median: 23.915 vs BSP:A1LB34: 422.09

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Albemarle's adjusted free cash flow per share data for the three months ended in Dec. 2023 was R$-1.357. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is R$0.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Albemarle Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Albemarle'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.

Albemarle Cyclically Adjusted Price-to-FCF Chart

Albemarle 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 33.25 80.01 222.94 159.06 530.39

Albemarle Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 159.06 139.66 188.31 155.43 530.39

Competitive Comparison of Albemarle's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Albemarle'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.


Albemarle's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Albemarle's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Albemarle 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.

Albemarle's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=24.90/0.06
=415.00

* 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.

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

For example, Albemarle'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)
=-1.357/129.4194*129.4194
=-1.357

Current CPI (Dec. 2023) = 129.4194.

Albemarle Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.152 99.695 0.197
201406 0.145 100.560 0.187
201409 0.131 100.428 0.169
201412 0.039 99.070 0.051
201503 -0.013 99.621 -0.017
201506 0.037 100.684 0.048
201509 0.189 100.392 0.244
201512 -0.028 99.792 -0.036
201603 0.157 100.470 0.202
201606 0.049 101.688 0.062
201609 0.191 101.861 0.243
201612 0.278 101.863 0.353
201703 0.033 102.862 0.042
201706 -0.221 103.349 -0.277
201709 0.046 104.136 0.057
201712 0.121 104.011 0.151
201803 -0.013 105.290 -0.016
201806 -0.066 106.317 -0.080
201809 -0.060 106.507 -0.073
201812 -0.089 105.998 -0.109
201903 -0.243 107.251 -0.293
201906 -0.083 108.070 -0.099
201909 -0.075 108.329 -0.090
201912 0.210 108.420 0.251
202003 -0.114 108.902 -0.135
202006 -0.308 108.767 -0.366
202009 0.108 109.815 0.127
202012 0.216 109.897 0.254
202103 -0.045 111.754 -0.052
202106 0.019 114.631 0.021
202109 -0.284 115.734 -0.318
202112 -0.895 117.630 -0.985
202203 -0.045 121.301 -0.048
202206 -0.745 125.017 -0.771
202209 1.079 125.227 1.115
202212 0.939 125.222 0.970
202303 0.562 127.348 0.571
202306 -0.738 128.729 -0.742
202309 0.145 129.860 0.145
202312 -1.357 129.419 -1.357

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.


Albemarle  (BSP:A1LB34) 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.


Albemarle Cyclically Adjusted Price-to-FCF Related Terms

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Albemarle (BSP:A1LB34) Business Description

Industry
Traded in Other Exchanges
Address
4250 Congress Street, Suite 900, Charlotte, NC, USA, 28209
Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the U.S. and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the U.S., Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.

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