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Prysmian SpA (Prysmian SpA) Cyclically Adjusted Price-to-FCF : 26.78 (As of Apr. 28, 2024)


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What is Prysmian SpA Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Prysmian SpA's current share price is $27.312. Prysmian SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.02. Prysmian SpA's Cyclically Adjusted Price-to-FCF for today is 26.78.

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

PRYMY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.68   Med: 17.81   Max: 27.67
Current: 27.67

During the past years, Prysmian SpA's highest Cyclically Adjusted Price-to-FCF was 27.67. The lowest was 9.68. And the median was 17.81.

PRYMY's Cyclically Adjusted Price-to-FCF is ranked better than
57.78% of 1016 companies
in the Industrial Products industry
Industry Median: 32.505 vs PRYMY: 27.67

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.

Prysmian SpA's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.662. 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 $1.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prysmian SpA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Prysmian SpA'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.

Prysmian SpA Cyclically Adjusted Price-to-FCF Chart

Prysmian SpA 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 13.75 18.41 20.41 19.29 22.26

Prysmian SpA 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 19.29 22.26 21.26 21.11 22.26

Competitive Comparison of Prysmian SpA's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Prysmian SpA'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.


Prysmian SpA's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Prysmian SpA 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=27.312/1.02
=26.78

* 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.

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

For example, Prysmian SpA'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)
=1.662/119.5000*119.5000
=1.662

Current CPI (Dec. 2023) = 119.5000.

Prysmian SpA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.951 99.907 -1.138
201406 0.068 100.093 0.081
201409 -0.128 99.814 -0.153
201412 1.541 99.721 1.847
201503 -0.557 99.814 -0.667
201506 0.479 100.279 0.571
201509 0.172 100.000 0.206
201512 1.127 99.814 1.349
201603 -0.629 99.600 -0.755
201606 0.289 99.900 0.346
201609 0.117 100.100 0.140
201612 1.057 100.300 1.259
201703 -1.026 101.000 -1.214
201706 0.476 101.100 0.563
201709 -0.071 101.200 -0.084
201712 1.672 101.200 1.974
201803 -1.296 101.800 -1.521
201806 0.669 102.400 0.781
201809 -0.681 102.600 -0.793
201812 1.473 102.300 1.721
201903 -1.082 102.800 -1.258
201906 0.526 103.100 0.610
201909 -0.425 102.900 -0.494
201912 2.044 102.800 2.376
202003 -0.839 102.900 -0.974
202006 0.458 102.900 0.532
202009 -0.217 102.300 -0.253
202012 1.676 102.600 1.952
202103 -0.746 103.700 -0.860
202106 0.245 104.200 0.281
202109 -0.534 104.900 -0.608
202112 2.033 106.600 2.279
202203 -1.286 110.400 -1.392
202206 0.379 112.500 0.403
202209 -0.167 114.200 -0.175
202212 2.182 119.000 2.191
202303 -1.130 118.800 -1.137
202306 0.554 119.700 0.553
202309 0.053 120.300 0.053
202312 1.662 119.500 1.662

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.


Prysmian SpA  (OTCPK:PRYMY) 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.


Prysmian SpA Cyclically Adjusted Price-to-FCF Related Terms

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


Prysmian SpA (Prysmian SpA) Business Description

Industry
Address
Via Chiese 6, MIlan, ITA, 20126
Prysmian SpA is an Italian manufacturer of electric power transmission and telecommunications cables and systems. Its business is organized in three segments--Projects, which focuses on the execution of underground and submarine cable projects; Energy Products, which provides power distribution, and industrial and network components; and Telecom, which makes cable systems and connectivity products. More than half of the firm's revenue is generated in the Europe, Middle East, and Africa regions, with the rest coming from North America, Latin America, and Asia-Pacific regions.