GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Albemarle Corp (FRA:AMC) » Definitions » Cyclically Adjusted FCF per Share

Albemarle (FRA:AMC) Cyclically Adjusted FCF per Share : €-0.31 (As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Albemarle Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Albemarle's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-3.771. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €-0.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Albemarle's average Cyclically Adjusted FCF Growth Rate was -121.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -47.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -31.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -15.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Albemarle was 25.70% per year. The lowest was -47.30% per year. And the median was 8.40% per year.

As of today (2024-05-10), Albemarle's current stock price is €121.02. Albemarle's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-0.31. Albemarle's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Albemarle was 528.89. The lowest was 14.29. And the median was 32.87.


Albemarle Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Albemarle's Cyclically Adjusted FCF per Share 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.

* Premium members only.

Albemarle Cyclically Adjusted FCF per Share Chart

Albemarle Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 1.48 0.92 1.27 0.25

Albemarle Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.45 1.08 1.05 0.25 -0.31

Competitive Comparison of Albemarle's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, Albemarle'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.


Albemarle's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

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

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



Albemarle Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Albemarle's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-3.771/129.4194*129.4194
=-3.771

Current CPI (Mar. 2024) = 129.4194.

Albemarle Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.144 100.560 1.472
201409 1.040 100.428 1.340
201412 0.291 99.070 0.380
201503 -0.093 99.621 -0.121
201506 0.256 100.684 0.329
201509 1.036 100.392 1.336
201512 -0.156 99.792 -0.202
201603 0.912 100.470 1.175
201606 0.305 101.688 0.388
201609 1.252 101.861 1.591
201612 1.887 101.863 2.397
201703 0.235 102.862 0.296
201706 -1.434 103.349 -1.796
201709 0.296 104.136 0.368
201712 0.746 104.011 0.928
201803 -0.074 105.290 -0.091
201806 -0.362 106.317 -0.441
201809 -0.298 106.507 -0.362
201812 -0.485 105.998 -0.592
201903 -1.341 107.251 -1.618
201906 -0.459 108.070 -0.550
201909 -0.397 108.329 -0.474
201912 1.104 108.420 1.318
202003 -0.505 108.902 -0.600
202006 -1.264 108.767 -1.504
202009 0.408 109.815 0.481
202012 0.828 109.897 0.975
202103 -0.161 111.754 -0.186
202106 0.075 114.631 0.085
202109 -1.098 115.734 -1.228
202112 -3.362 117.630 -3.699
202203 -0.197 121.301 -0.210
202206 -3.349 125.017 -3.467
202209 4.987 125.227 5.154
202212 4.055 125.222 4.191
202303 2.420 127.348 2.459
202306 -3.370 128.729 -3.388
202309 0.660 129.860 0.658
202312 -6.096 129.419 -6.096
202403 -3.771 129.419 -3.771

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Albemarle  (FRA:AMC) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Albemarle was 528.89. The lowest was 14.29. And the median was 32.87.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Albemarle Cyclically Adjusted FCF per Share Related Terms

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


Albemarle (FRA:AMC) Business Description

Industry
Address
4250 Congress Street, Suite 900, Charlotte, NC, USA, 28209
Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the U.S. and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the U.S., Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.

Albemarle (FRA:AMC) Headlines

From GuruFocus