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Exchangeome (TSX:EIF) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


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What is Exchangeome Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Exchangeome Cyclically Adjusted Price-to-FCF Historical Data

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

Exchangeome Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Exchangeome Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Exchangeome's Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, Exchangeome'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.


Exchangeome's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Exchangeome's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Exchangeome 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.

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

For example, Exchangeome'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)
=0.242/125.4675*125.4675
=0.242

Current CPI (Dec. 2023) = 125.4675.

Exchangeome Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.463 98.604 -0.589
201406 -0.200 99.473 -0.252
201409 0.569 99.394 0.718
201412 0.773 98.367 0.986
201503 -0.706 99.789 -0.888
201506 -1.101 100.500 -1.375
201509 0.258 100.421 0.322
201512 -0.184 99.947 -0.231
201603 -0.969 101.054 -1.203
201606 -0.383 102.002 -0.471
201609 -1.284 101.765 -1.583
201612 -0.988 101.449 -1.222
201703 -2.768 102.634 -3.384
201706 -1.029 103.029 -1.253
201709 0.085 103.345 0.103
201712 -0.621 103.345 -0.754
201803 -0.795 105.004 -0.950
201806 -0.671 105.557 -0.798
201809 -0.814 105.636 -0.967
201812 1.553 105.399 1.849
201903 -1.225 106.979 -1.437
201906 -0.227 107.690 -0.264
201909 0.267 107.611 0.311
201912 -0.005 107.769 -0.006
202003 -0.212 107.927 -0.246
202006 1.115 108.401 1.291
202009 1.542 108.164 1.789
202012 0.702 108.559 0.811
202103 0.295 110.298 0.336
202106 -0.420 111.720 -0.472
202109 0.093 112.905 0.103
202112 0.186 113.774 0.205
202203 -0.739 117.646 -0.788
202206 -1.730 120.806 -1.797
202209 0.208 120.648 0.216
202212 1.438 120.964 1.492
202303 -2.050 122.702 -2.096
202306 -1.141 124.203 -1.153
202309 -0.301 125.230 -0.302
202312 0.242 125.468 0.242

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.


Exchangeome  (TSX:EIF) 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.


Exchangeome Cyclically Adjusted Price-to-FCF Related Terms

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


Exchangeome (TSX:EIF) Business Description

Industry
Traded in Other Exchanges
Address
101-990 Lorimer Boulevard, Winnipeg, MB, CAN, R3P 0Z9
Exchange Income Corp is a diversified, acquisition-oriented corporation focused on opportunities in two sectors, aerospace, aviation services and equipment, and manufacturing. The business plan of the corporation is to invest in profitable, well-established companies with cash flows operating in niche markets. Its Aerospace and Aviation segment is a key revenue driver, recognizes revenue from the provision of Aftermarket parts sales, Aircraft and engine sales, Aircraft and engine lease revenue, Surveillance and aircraft modification services, Software development and sales of software licenses, Charter, passenger flight, medevac, and cargo services. The Manufacturing segment recognizes revenue from the sales of manufacturing products and services.

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