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PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) Cyclically Adjusted FCF per Share : zł-0.04 (As of Mar. 2024)


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What is PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna 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.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's adjusted free cash flow per share for the three months ended in Mar. 2024 was zł-0.041. 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-0.04 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 (2024-06-08), PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's current stock price is zł0.446. PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was zł-0.04. PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Cyclically Adjusted Price-to-FCF of today is .


PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna'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.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Cyclically Adjusted FCF per Share Chart

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.03 -0.04

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -0.04 -0.03 -0.05 -0.03 -0.04

Competitive Comparison of PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Cyclically Adjusted FCF per Share

For the Metal Fabrication subindustry, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna'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.


PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Cyclically Adjusted Price-to-FCF falls into.



PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna 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, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna'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)
=-0.041/149.0435*149.0435
=-0.041

Current CPI (Mar. 2024) = 149.0435.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.011 101.262 0.016
201406 0.003 101.180 0.004
201409 -0.371 100.611 -0.550
201412 -0.003 100.122 -0.004
201503 -0.209 100.041 -0.311
201506 0.518 100.448 0.769
201509 -0.011 99.634 -0.016
201512 -0.211 99.471 -0.316
201603 0.019 98.983 0.029
201606 -0.014 99.552 -0.021
201609 0.023 99.064 0.035
201612 0.045 100.366 0.067
201703 0.025 101.018 0.037
201706 0.015 101.180 0.022
201709 0.000 101.343 0.000
201712 0.003 102.564 0.004
201803 0.004 102.564 0.006
201806 -0.002 103.378 -0.003
201809 0.005 103.378 0.007
201812 -0.009 103.785 -0.013
201903 0.001 104.274 0.001
201906 0.000 105.983 0.000
201909 0.000 105.983 0.000
201912 0.000 107.123 0.000
202003 0.000 109.076 0.000
202006 -0.001 109.402 -0.001
202009 0.000 109.320 0.000
202012 0.000 109.565 0.000
202103 0.000 112.658 0.000
202106 -0.036 113.960 -0.047
202109 0.000 115.588 0.000
202112 -0.013 119.088 -0.016
202203 -0.003 125.031 -0.004
202206 -0.002 131.705 -0.002
202209 0.161 135.531 0.177
202212 -0.103 139.113 -0.110
202303 0.047 145.950 0.048
202306 -0.081 147.009 -0.082
202309 0.019 146.113 0.019
202403 -0.041 149.044 -0.041

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


PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna  (WAR:PGV) 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.


PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Cyclically Adjusted FCF per Share Related Terms

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


PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) Business Description

Traded in Other Exchanges
N/A
Address
ul. Sulechowska 4a, Zielona Gora, POL, 65-119
PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna, formerly Zastal SA is engaged in the manufacture and sale of rolling stock and steel structures. The company manufactures steel structures of industrial halls, buildings, churches, bridges, and railway stations, as well as constructs railway wagons and cars. It also operates in USSR, Iraq, Syria, and China.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) Headlines

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