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Alcomet AD (XBUL:ALCM) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


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What is Alcomet AD Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alcomet AD Cyclically Adjusted Price-to-FCF Historical Data

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

Alcomet AD Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Alcomet AD Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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Competitive Comparison of Alcomet AD's Cyclically Adjusted Price-to-FCF

For the Aluminum subindustry, Alcomet AD'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.


Alcomet AD's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alcomet AD's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Alcomet AD 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.

Alcomet AD's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Alcomet AD's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=1.621/125.2218*125.2218
=1.621

Current CPI (Dec22) = 125.2218.

Alcomet AD Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.685 98.326 -0.872
201412 -0.206 99.070 -0.260
201512 1.371 99.792 1.720
201612 0.776 101.863 0.954
201712 -0.559 104.011 -0.673
201812 -2.398 105.998 -2.833
201912 0.752 108.420 0.869
202012 -0.883 109.897 -1.006
202112 -3.363 117.630 -3.580
202212 1.621 125.222 1.621

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.


Alcomet AD  (XBUL:ALCM) 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.


Alcomet AD Cyclically Adjusted Price-to-FCF Related Terms

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


Alcomet AD (XBUL:ALCM) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Second Industrial Zone, Shumen, BGR, 9700
Alcomet AD is a Bulgaria-based company, which is primarily engaged in the production of aluminium extruded and rolled products. Its operation includes production and sale of castings, rolled and extruded aluminum products, used in machine building, construction, food industry, among others. The company offers its product under various categories namely foundry, rolled, press and packaging products. Its product range includes cast billets and coils, aluminum sheets, strips and foils, extruded profiles, bars and tubes, as well as powder coating sheets, and tubes. Alcomet products sold in both Bulgarian and overseas market.

Alcomet AD (XBUL:ALCM) Headlines

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