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


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What is Ideanomics Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ideanomics Cyclically Adjusted Price-to-FCF Historical Data

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

Ideanomics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Ideanomics Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Ideanomics's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, Ideanomics'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.


Ideanomics's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ideanomics's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ideanomics 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.

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

For example, Ideanomics's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.508/129.8595*129.8595
=-0.508

Current CPI (Sep. 2023) = 129.8595.

Ideanomics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -24.389 98.326 -32.211
201403 -22.394 99.695 -29.170
201406 -20.414 100.560 -26.362
201409 -14.210 100.428 -18.374
201412 -11.505 99.070 -15.081
201503 -12.654 99.621 -16.495
201506 -8.005 100.684 -10.325
201509 -12.255 100.392 -15.852
201512 -2.021 99.792 -2.630
201603 -8.837 100.470 -11.422
201606 -10.107 101.688 -12.907
201609 -11.699 101.861 -14.915
201612 -3.771 101.863 -4.807
201703 -6.977 102.862 -8.808
201706 3.294 103.349 4.139
201709 -8.960 104.136 -11.173
201712 -7.858 104.011 -9.811
201803 -6.192 105.290 -7.637
201806 -14.070 106.317 -17.186
201809 -10.659 106.507 -12.996
201812 -11.901 105.998 -14.580
201903 -5.754 107.251 -6.967
201906 -2.129 108.070 -2.558
201909 -3.187 108.329 -3.820
201912 -4.630 108.420 -5.546
202003 -3.067 108.902 -3.657
202006 -4.554 108.767 -5.437
202009 -6.069 109.815 -7.177
202012 -8.856 109.897 -10.465
202103 0.771 111.754 0.896
202106 -3.863 114.631 -4.376
202109 -8.769 115.734 -9.839
202112 -9.605 117.630 -10.604
202203 -10.841 121.301 -11.606
202206 -10.814 125.017 -11.233
202209 -7.754 125.227 -8.041
202212 -4.678 125.222 -4.851
202303 -3.656 127.348 -3.728
202306 -1.711 128.729 -1.726
202309 -0.508 129.860 -0.508

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.


Ideanomics  (NAS:IDEX) 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.


Ideanomics Cyclically Adjusted Price-to-FCF Related Terms

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


Ideanomics (Ideanomics) Business Description

Traded in Other Exchanges
Address
1441 Broadway, Suite 5116, New York, NY, USA, 10018
Ideanomics Inc is an American multinational company engaged in accelerating the commercial adoption of electric vehicles. The company conducts its operations in one segment with three business units; Ideanomics Mobility's focus is electric vehicles, including mid and last-mile delivery trucks and vans, tractors, and two-wheelers. There are five operating companies within the Ideanomics Mobility business unit: VIA, Energica, Solectrac, United States Hybrid, and Tree Technologies, Ideanomics Energy's focus is charging and energy-related products and services, and Ideanomics Capital's focus is providing financing support for the Company's Mobility and Energy business units. Geographically, the company operates in North America, Asia, and Europe.
Executives
Alfred Poor director, officer: Chief Executive Officer 55 BROADWAY, 19TH FLOOR, NEW YORK NY 10006
Stephen Eric Johnston officer: Chief Financial Officer 4950 SUSANS WAY, BLOOMFIELD HILLS MI 48302
Shane Mcmahon director, 10 percent owner, officer: Chief Executive Officer 1241 EST MAIN STREET, STAMFORD CT 06902
John Wallace director 55 BROADWAY, 19TH FLOOR, NEW YORK NY 10006
Bruno Zheng Wu director, 10 percent owner, officer: Chief Executive Officer EASTERN FANGZHENG ROAD, SOUTHERN DONGYING VILLAGE, HANCUNHE TOWN F4 102423
Sean Wang director C/O WECAST NETWORK, INC., BUILDING B4, TAI MING INT'L. BUSINESS CT, TAI HU TOWN, TONGZHOU DISTRICT, BEIJING F4 101116
Xiuping Wang officer: Chief Financial Officer C/O WECAST NETWORK, INC., BUILDING B4, TAI MING INT'L. BUSINESS CT, TAI HU TOWN, TONGZHOU DISTRICT, BEIJING F4 101116
Randy Huang officer: Chief Technical Officer C/O WECAST NETWORK, INC., BUILDING B4, TAI MING INT'L. BUSINESS CT, TAI HU TOWN, TONGZHOU DISTRICT, BEIJING F4 101116
Yi Xu officer: Chief Operating Officer C/O WECAST NETWORK, INC., BUILDING B4, TAI MING INT'L. BUSINESS CT, TAI HU TOWN, TONGZHOU DISTRICT, BEIJING F4 101116
Bing Yang director, officer: CEO and Director 375 GREENWICH ST., SUITE 516, NEW YORK NY 10013
Mingcheng Tao director, officer: Chief Executive Officer 3340 PEACHTREE ROAD NE, SUITE 900, ATLANTA GA 30326
Polly Wang director EASTERN FANGZHENG ROAD, SOUTHERN DONGYING VILLAGE, HANCUNHE TOWN F4 102423
Jian Ren Fan director 305-36 ROOM, 3RD FLOOR, D BUILDING, TIANJIN ECONOMIC-TECHNOLOGICAL DVLP AREA, TIANJIN CITY F4 300280
Sun Seven Stars Hong Kong Cultural Development Ltd 10 percent owner EASTERN FANGZHENG ROAD, SOUTHERN DONGYING VILLAGE, HANCUNHE TOWN F4 F4 102423
Shanghai Sun Seven Stars Cultural Development Ltd 10 percent owner EASTERN FANGZHENG ROAD, SOUTHERN DONGYING VILLAGE, HANCUNHE TOWN F4 F4 102423