GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Corbion NV (OTCPK:CSNVF) » Definitions » Cyclically Adjusted Price-to-FCF

Corbion NV (Corbion NV) Cyclically Adjusted Price-to-FCF : 409.52 (As of Apr. 28, 2024)


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

What is Corbion NV Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Corbion NV's current share price is $20.476. Corbion NV's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $0.05. Corbion NV's Cyclically Adjusted Price-to-FCF for today is 409.52.

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

CSNVF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.72   Med: 21.81   Max: 401.6
Current: 379.62

During the past 13 years, Corbion NV's highest Cyclically Adjusted Price-to-FCF was 401.60. The lowest was 4.72. And the median was 21.81.

CSNVF's Cyclically Adjusted Price-to-FCF is ranked worse than
97.18% of 568 companies
in the Chemicals industry
Industry Median: 23.915 vs CSNVF: 379.62

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.

Corbion NV's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $0.294. 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 $0.05 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corbion NV Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Corbion NV'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.

Corbion NV Cyclically Adjusted Price-to-FCF Chart

Corbion NV 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 29.33 57.47 88.66 - 381.59

Corbion NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 88.66 - - - 381.59

Competitive Comparison of Corbion NV's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Corbion NV'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.


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

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

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



Corbion NV 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.476/0.05
=409.52

* 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.

Corbion NV's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Corbion NV's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.294/126.4000*126.4000
=0.294

Current CPI (Dec23) = 126.4000.

Corbion NV Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.020 99.050 -0.026
201512 0.899 99.730 1.139
201612 1.200 100.710 1.506
201712 1.456 101.970 1.805
201812 0.756 103.970 0.919
201912 0.715 106.800 0.846
202012 0.412 107.850 0.483
202112 -2.403 114.010 -2.664
202212 -3.504 124.940 -3.545
202312 0.294 126.400 0.294

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.


Corbion NV  (OTCPK:CSNVF) 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.


Corbion NV Cyclically Adjusted Price-to-FCF Related Terms

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


Corbion NV (Corbion NV) Business Description

Industry
Traded in Other Exchanges
Address
Piet Heinkade 127, Amsterdam, NH, NLD, 1019 GM
Corbion NV is a Netherlands-based company that produces food ingredients and biobased chemicals. The company's operating segment includes Sustainable Food Solutions; Lactic Acid and Specialties; Algae Ingredients; Incubator and Core. It generates maximum revenue from the Sustainable Food Solutions segment. Geographically, it derives a majority of its revenue from the US.