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Sixth Wave Innovations (Sixth Wave Innovations) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


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What is Sixth Wave Innovations Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sixth Wave Innovations Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sixth Wave Innovations'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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Sixth Wave Innovations Cyclically Adjusted Price-to-FCF Chart

Sixth Wave Innovations Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Cyclically Adjusted Price-to-FCF
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Sixth Wave Innovations Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
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Competitive Comparison of Sixth Wave Innovations's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Sixth Wave Innovations'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.


Sixth Wave Innovations's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

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

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



Sixth Wave Innovations 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.

Sixth Wave Innovations's Cyclically Adjusted FCF per Share for the quarter that ended in May. 2023 is calculated as:

For example, Sixth Wave Innovations's adjusted Free Cash Flow per Share data for the three months ended in May. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of May. 2023 (Change)*Current CPI (May. 2023)
=-0.007/124.0453*124.0453
=-0.007

Current CPI (May. 2023) = 124.0453.

Sixth Wave Innovations Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201308 -0.008 97.261 -0.010
201311 -0.091 97.182 -0.116
201402 -0.123 98.051 -0.156
201405 -0.077 99.394 -0.096
201408 -0.072 99.315 -0.090
201411 -0.036 99.078 -0.045
201502 -0.006 99.078 -0.008
201505 0.000 100.263 0.000
201508 0.000 100.579 0.000
201511 0.000 100.421 0.000
201602 0.000 100.421 0.000
201605 0.000 101.765 0.000
201608 0.000 101.686 0.000
201611 -0.099 101.607 -0.121
201702 -0.136 102.476 -0.165
201705 -0.069 103.108 -0.083
201708 -0.036 103.108 -0.043
201711 -0.642 103.740 -0.768
201802 -0.058 104.688 -0.069
201805 -0.023 105.399 -0.027
201808 -0.125 106.031 -0.146
201811 -0.130 105.478 -0.153
201902 -0.589 106.268 -0.688
201905 -0.083 107.927 -0.095
201908 -0.162 108.085 -0.186
201911 -0.218 107.769 -0.251
202002 -0.048 108.559 -0.055
202005 -0.094 107.532 -0.108
202008 -0.081 108.243 -0.093
202011 -0.115 108.796 -0.131
202102 -0.052 109.745 -0.059
202105 -0.120 111.404 -0.134
202108 -0.112 112.668 -0.123
202111 -0.046 113.932 -0.050
202202 0.000 115.986 0.000
202205 -0.070 120.016 -0.072
202208 -0.019 120.569 -0.020
202211 -0.021 121.675 -0.021
202302 -0.011 122.070 -0.011
202305 -0.007 124.045 -0.007

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.


Sixth Wave Innovations  (OTCPK:SIXWF) 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.


Sixth Wave Innovations Cyclically Adjusted Price-to-FCF Related Terms

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Sixth Wave Innovations (Sixth Wave Innovations) Business Description

Traded in Other Exchanges
Address
210 Waterfront Drive Bedford, Suite 110, Nova Scotia, BC, CAN, B4A 0H3
Sixth Wave Innovations Inc is a nanotechnology company that uses patented Molecularly Imprinted Polymers (MIPs) for imprinting, capturing, and releasing substances at the molecular level. Its current products are in the process of commercialization in gold mining, cannabis production and health and security with rapid virus detection.

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