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Lena Lighting (WAR:LEN) Cyclically Adjusted FCF per Share : zł0.26 (As of Mar. 2024)


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What is Lena Lighting 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.

Lena Lighting's adjusted free cash flow per share for the three months ended in Mar. 2024 was zł-0.015. 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 zł0.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lena Lighting's average Cyclically Adjusted FCF Growth Rate was 13.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -8.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -5.90% 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 Lena Lighting was -8.00% per year. The lowest was -8.80% per year. And the median was -8.60% per year.

As of today (2024-06-09), Lena Lighting's current stock price is zł3.69. Lena Lighting's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was zł0.26. Lena Lighting's Cyclically Adjusted Price-to-FCF of today is 14.19.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lena Lighting was 19.70. The lowest was 7.32. And the median was 13.79.


Lena Lighting Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Lena Lighting'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.

Lena Lighting Cyclically Adjusted FCF per Share Chart

Lena Lighting 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 0.33 0.36 0.26 0.25 0.28

Lena Lighting 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 0.23 0.22 0.25 0.28 0.26

Competitive Comparison of Lena Lighting's Cyclically Adjusted FCF per Share

For the Electrical Equipment & Parts subindustry, Lena Lighting'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.


Lena Lighting's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lena Lighting's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Lena Lighting 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, Lena Lighting'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)
=-0.015/149.0435*149.0435
=-0.015

Current CPI (Mar. 2024) = 149.0435.

Lena Lighting Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.001 101.180 -0.001
201409 -0.311 100.611 -0.461
201412 0.014 100.122 0.021
201503 0.328 100.041 0.489
201506 0.087 100.448 0.129
201509 -0.056 99.634 -0.084
201512 0.175 99.471 0.262
201603 0.148 98.983 0.223
201606 0.075 99.552 0.112
201609 -0.087 99.064 -0.131
201612 -0.082 100.366 -0.122
201703 0.313 101.018 0.462
201706 -0.032 101.180 -0.047
201709 -0.142 101.343 -0.209
201712 0.095 102.564 0.138
201803 -0.051 102.564 -0.074
201806 0.295 103.378 0.425
201809 -0.013 103.378 -0.019
201812 0.198 103.785 0.284
201903 0.313 104.274 0.447
201906 0.000 105.983 0.000
201909 -0.104 105.983 -0.146
201912 0.139 107.123 0.193
202003 0.109 109.076 0.149
202006 0.105 109.402 0.143
202009 -0.073 109.320 -0.100
202012 0.346 109.565 0.471
202103 -0.220 112.658 -0.291
202106 -0.042 113.960 -0.055
202109 -0.386 115.588 -0.498
202112 -0.208 119.088 -0.260
202203 -0.019 125.031 -0.023
202206 0.230 131.705 0.260
202209 0.001 135.531 0.001
202212 0.260 139.113 0.279
202303 0.046 145.950 0.047
202306 0.097 147.009 0.098
202309 0.269 146.113 0.274
202312 0.153 147.741 0.154
202403 -0.015 149.044 -0.015

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


Lena Lighting  (WAR:LEN) 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.

Lena Lighting's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3.69/0.26
=14.19

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lena Lighting was 19.70. The lowest was 7.32. And the median was 13.79.


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.


Lena Lighting Cyclically Adjusted FCF per Share Related Terms

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


Lena Lighting (WAR:LEN) Business Description

Industry
Traded in Other Exchanges
N/A
Address
ul. Kornicka 52, Sroda Wielkopolska, POL, 63-000
Lena Lighting SA is a Poland based producer of professional, investment light fittings. Its products include surface-mounted wall and ceiling fitting for use with fluorescent tubes; one-sided and double-sided evacuation lighting fittings.

Lena Lighting (WAR:LEN) Headlines

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