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Favorit Hold AD (XBUL:FAVH) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Favorit Hold AD Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Favorit Hold AD Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Favorit Hold 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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Favorit Hold AD Cyclically Adjusted Price-to-FCF Chart

Favorit Hold AD Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Favorit Hold AD Quarterly Data
Dec18 Mar19 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Favorit Hold AD's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, Favorit Hold 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.


Favorit Hold AD's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Favorit Hold AD's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Favorit Hold 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.

Favorit Hold AD's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Favorit Hold AD's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.958/129.4194*129.4194
=-0.958

Current CPI (Dec23) = 129.4194.

Favorit Hold AD Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 98.326 0.000
201412 0.000 99.070 0.000
201512 -0.314 99.792 -0.407
201612 -0.307 101.863 -0.390
201812 -2.179 105.998 -2.660
201912 -0.824 108.420 -0.984
202012 1.450 109.897 1.708
202112 0.929 117.630 1.022
202212 0.795 125.222 0.822
202312 -0.958 129.419 -0.958

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.


Favorit Hold AD  (XBUL:FAVH) 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.


Favorit Hold AD Cyclically Adjusted Price-to-FCF Related Terms

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Favorit Hold AD (XBUL:FAVH) Business Description

Traded in Other Exchanges
N/A
Address
Ul. Angel Kanchev 25, Sofia, BGR, 1000
Favorit Hold AD is engaged in Acquisition, management, evaluation and sales of participation in Bulgarian and foreign companies; acquisition, management and sale of bonds; acquisition, management and sale of patents.

Favorit Hold AD (XBUL:FAVH) Headlines

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