GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Euronext NV (OTCPK:EUXTF) » Definitions » Cyclically Adjusted Price-to-FCF

Euronext NV (Euronext NV) Cyclically Adjusted Price-to-FCF : 20.39 (As of May. 16, 2024)


View and export this data going back to 2014. Start your Free Trial

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

As of today (2024-05-16), Euronext NV's current share price is $92.992. Euronext NV's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.56. Euronext NV's Cyclically Adjusted Price-to-FCF for today is 20.39.

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

EUXTF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.91   Med: 21.79   Max: 36.34
Current: 21.89

During the past years, Euronext NV's highest Cyclically Adjusted Price-to-FCF was 36.34. The lowest was 15.91. And the median was 21.79.

EUXTF's Cyclically Adjusted Price-to-FCF is ranked worse than
54.31% of 232 companies
in the Capital Markets industry
Industry Median: 19.085 vs EUXTF: 21.89

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.

Euronext NV's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $5.973. 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 $4.56 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Euronext NV Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Euronext 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.

Euronext NV Cyclically Adjusted Price-to-FCF Chart

Euronext 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 - 30.73 29.17 19.18 19.79

Euronext NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 18.57 16.19 18.66 19.79 -

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

For the Financial Data & Stock Exchanges subindustry, Euronext 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.


Euronext NV's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Euronext NV's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Euronext 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=92.992/4.56
=20.39

* 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.

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

For example, Euronext NV'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)
=5.973/126.4500*126.4500
=5.973

Current CPI (Dec. 2023) = 126.4500.

Euronext NV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.431 99.390 0.548
201406 0.853 99.240 1.087
201409 0.952 99.960 1.204
201412 0.083 99.050 0.106
201503 0.657 99.750 0.833
201506 0.292 100.230 0.368
201509 0.705 100.500 0.887
201512 0.063 99.730 0.080
201603 0.739 100.310 0.932
201606 0.562 100.260 0.709
201609 0.676 100.570 0.850
201612 0.427 100.710 0.536
201703 0.698 101.440 0.870
201706 0.572 101.370 0.714
201709 0.833 102.030 1.032
201712 0.630 101.970 0.781
201803 1.129 102.470 1.393
201806 0.262 103.100 0.321
201809 1.001 103.950 1.218
201812 2.014 103.970 2.449
201903 0.801 105.370 0.961
201906 0.485 105.840 0.579
201909 -0.267 106.700 -0.316
201912 2.293 106.800 2.715
202003 0.674 106.850 0.798
202006 1.159 107.510 1.363
202009 -0.911 107.880 -1.068
202012 3.057 107.850 3.584
202103 2.821 108.870 3.277
202106 -0.161 109.670 -0.186
202109 0.264 110.790 0.301
202112 2.979 114.010 3.304
202203 3.635 119.460 3.848
202206 0.523 119.050 0.556
202209 -1.059 126.890 -1.055
202212 2.239 124.940 2.266
202303 2.945 124.720 2.986
202306 1.172 125.830 1.178
202309 -2.624 127.160 -2.609
202312 5.973 126.450 5.973

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.


Euronext NV  (OTCPK:EUXTF) 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.


Euronext NV Cyclically Adjusted Price-to-FCF Related Terms

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


Euronext NV (Euronext NV) Business Description

Traded in Other Exchanges
Address
Beursplein 5, Amsterdam, NLD, 1012 JW
Euronext is a financial exchange group with trading venues in Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo, and Paris, covering primarily cash equities, fixed income, and index and single stock derivatives. With the acquisition of Borsa Italiana, Euronext has also taken control of CC&G, the Italian multi-asset clearing house, as well as Monte Titoli, the Italian central securities depository. This complements Euronext's other CSDs in Norway, Denmark and Portugal. Euronext is the owner of the CAC40, AEX, BEL 20, ISEQ 20, OBX, and PSI 20 indexes.

Euronext NV (Euronext NV) Headlines

From GuruFocus

TruSight Completes Comprehensive Risk Assessment of Euronext

By PRNewswire PRNewswire 01-11-2022

Euronext: A Great Way to Play Europe's Cheap Markets

By The City Letter 08-21-2023