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Adatex (WAR:ADX) Cyclically Adjusted FCF per Share : zł-0.25 (As of Mar. 2024)


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What is Adatex 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.

Adatex's adjusted free cash flow per share for the three months ended in Mar. 2024 was zł0.026. 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 zł-0.25 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-06), Adatex's current stock price is zł0.41. Adatex's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was zł-0.25. Adatex's Cyclically Adjusted Price-to-FCF of today is .


Adatex Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Adatex'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.

Adatex Cyclically Adjusted FCF per Share Chart

Adatex Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
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Adatex 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 - - -0.25 - -0.25

Competitive Comparison of Adatex's Cyclically Adjusted FCF per Share

For the Residential Construction subindustry, Adatex'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.


Adatex's Cyclically Adjusted Price-to-FCF Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Adatex's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Adatex 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, Adatex'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)
=0.026/149.0435*149.0435
=0.026

Current CPI (Mar. 2024) = 149.0435.

Adatex Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 101.180 0.000
201409 0.282 100.611 0.418
201412 -0.107 100.122 -0.159
201503 -0.073 100.041 -0.109
201506 -0.294 100.448 -0.436
201509 0.138 99.634 0.206
201512 0.090 99.471 0.135
201603 -0.012 98.983 -0.018
201606 -0.004 99.552 -0.006
201609 0.015 99.064 0.023
201612 0.007 100.366 0.010
201703 -0.072 101.018 -0.106
201706 -0.044 101.180 -0.065
201709 0.066 101.343 0.097
201712 -0.018 102.564 -0.026
201803 -0.034 102.564 -0.049
201806 0.018 103.378 0.026
201809 0.002 103.378 0.003
201812 0.005 103.785 0.007
201903 -0.002 104.274 -0.003
201906 -0.016 105.983 -0.023
201909 -0.887 105.983 -1.247
201912 0.079 107.123 0.110
202003 -0.556 109.076 -0.760
202006 -0.021 109.402 -0.029
202009 -0.016 109.320 -0.022
202012 -0.149 109.565 -0.203
202103 -0.001 112.658 -0.001
202106 -0.027 113.960 -0.035
202109 -0.078 115.588 -0.101
202112 0.116 119.088 0.145
202203 -0.142 125.031 -0.169
202206 -0.012 131.705 -0.014
202209 0.031 135.531 0.034
202212 -0.011 139.113 -0.012
202303 0.001 145.950 0.001
202306 0.006 147.009 0.006
202309 0.009 146.113 0.009
202312 0.011 147.741 0.011
202403 0.026 149.044 0.026

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


Adatex  (WAR:ADX) 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.


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.


Adatex Cyclically Adjusted FCF per Share Related Terms

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


Adatex (WAR:ADX) Business Description

Traded in Other Exchanges
N/A
Address
ul. Graniczna 34/10, Dabrowa Gornicza, POL, 41-300
Adatex SA is a Poland based company, which focuses on the development projects, such as multi-family buildings and commercial and service facilities.