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Apanet (WAR:APA) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Apanet Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Apanet Cyclically Adjusted Price-to-FCF Historical Data

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

Apanet Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Apanet 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 Apanet's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Apanet'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.


Apanet's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Apanet's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Apanet 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.

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

For example, Apanet'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)
=0.014/146.1131*146.1131
=0.014

Current CPI (Sep. 2023) = 146.1131.

Apanet Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 101.018 0.000
201403 -0.085 101.262 -0.123
201406 -0.217 101.180 -0.313
201409 -0.066 100.611 -0.096
201412 -0.041 100.122 -0.060
201503 -0.023 100.041 -0.034
201506 -0.039 100.448 -0.057
201509 -0.067 99.634 -0.098
201512 0.466 99.471 0.685
201603 -0.175 98.983 -0.258
201606 0.009 99.552 0.013
201609 -0.095 99.064 -0.140
201612 -0.118 100.366 -0.172
201703 0.253 101.018 0.366
201706 0.076 101.180 0.110
201709 -0.092 101.343 -0.133
201712 -0.047 102.564 -0.067
201803 -0.027 102.564 -0.038
201806 -0.071 103.378 -0.100
201809 -0.034 103.378 -0.048
201812 0.038 103.785 0.053
201903 0.004 104.274 0.006
201906 0.057 105.983 0.079
201909 -0.065 105.983 -0.090
201912 0.100 107.123 0.136
202003 -0.003 109.076 -0.004
202006 -0.064 109.402 -0.085
202009 0.070 109.320 0.094
202012 -0.028 109.565 -0.037
202103 -0.016 112.658 -0.021
202106 0.080 113.960 0.103
202109 0.082 115.588 0.104
202112 -0.068 119.088 -0.083
202203 0.053 125.031 0.062
202206 -0.042 131.705 -0.047
202209 0.078 135.531 0.084
202212 0.054 139.113 0.057
202303 -0.044 145.950 -0.044
202306 -0.188 147.009 -0.187
202309 0.014 146.113 0.014

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.


Apanet  (WAR:APA) 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.


Apanet Cyclically Adjusted Price-to-FCF Related Terms

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Apanet (WAR:APA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Apanet SA (WAR:APA) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
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Address
Aleja Piastow 27, Wroclaw, POL, 52-424
Apanet SA focuses on smart systems for power consumption reduction and electricity usage rationalization. Its products include Controllers, Ballasts, Servers, Sensors, Control system and Infrastructure.