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Itafos (TSXV:IFOS) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


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What is Itafos Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Itafos Cyclically Adjusted Price-to-FCF Historical Data

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

Itafos Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Itafos 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 Itafos's Cyclically Adjusted Price-to-FCF

For the Agricultural Inputs subindustry, Itafos'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.


Itafos's Cyclically Adjusted Price-to-FCF Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Itafos's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Itafos 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.

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

For example, Itafos'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)
=0.023/129.4194*129.4194
=0.023

Current CPI (Dec. 2023) = 129.4194.

Itafos Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -4.244 99.695 -5.509
201406 -7.286 100.560 -9.377
201409 -6.400 100.428 -8.248
201412 -4.965 99.070 -6.486
201503 -2.364 99.621 -3.071
201506 -1.198 100.684 -1.540
201509 -0.106 100.392 -0.137
201512 -1.517 99.792 -1.967
201603 -0.395 100.470 -0.509
201606 -1.478 101.688 -1.881
201609 -1.562 101.861 -1.985
201612 -0.209 101.863 -0.266
201703 -0.182 102.862 -0.229
201706 -0.332 103.349 -0.416
201709 -0.300 104.136 -0.373
201712 -0.244 104.011 -0.304
201803 -0.195 105.290 -0.240
201806 -0.079 106.317 -0.096
201809 -0.280 106.507 -0.340
201812 -0.198 105.998 -0.242
201903 0.021 107.251 0.025
201906 0.056 108.070 0.067
201909 -0.029 108.329 -0.035
201912 -0.154 108.420 -0.184
202003 -0.070 108.902 -0.083
202006 -0.009 108.767 -0.011
202009 -0.074 109.815 -0.087
202012 0.024 109.897 0.028
202103 0.090 111.754 0.104
202106 0.148 114.631 0.167
202109 -0.014 115.734 -0.016
202112 0.176 117.630 0.194
202203 0.337 121.301 0.360
202206 0.252 125.017 0.261
202209 0.342 125.227 0.353
202212 0.231 125.222 0.239
202303 0.135 127.348 0.137
202306 0.269 128.729 0.270
202309 -0.148 129.860 -0.147
202312 0.023 129.419 0.023

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.


Itafos  (TSXV:IFOS) 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.


Itafos Cyclically Adjusted Price-to-FCF Related Terms

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


Itafos (TSXV:IFOS) Business Description

Industry
Traded in Other Exchanges
Address
109 North Post Oak Lane, Suite 405, Houston, TX, USA, 77024
Itafos Inc operates as a vertically integrated phosphate fertilizer and specialty products company. It operates through Itafos Conda, Arraias, Development and Exploration, and Corporate segments. The company produces and sells mono ammonium phosphate (MAP), super phosphoric acid (SPA), merchant grade phosphoric acid (MGA), single superphosphate (SSP), and specialty products, including ammonium polyphosphate (APP). It owns, develops, and operates various projects, including Itafos Conda; Itafos Arraias; Itafos Paris Hills; Itafos Farim; Itafos Santana; Itafos Araxa; and Itafos Mantaro.

Itafos (TSXV:IFOS) Headlines

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