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Stalexport Autostrady (WAR:STX) Cyclically Adjusted FCF per Share : zł0.82 (As of Mar. 2024)


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What is Stalexport Autostrady 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.

Stalexport Autostrady's adjusted free cash flow per share for the three months ended in Mar. 2024 was zł0.191. 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 zł0.82 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Stalexport Autostrady's average Cyclically Adjusted FCF Growth Rate was -2.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.70% 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 Stalexport Autostrady was 14.50% per year. The lowest was 12.80% per year. And the median was 13.10% per year.

As of today (2024-06-11), Stalexport Autostrady's current stock price is zł2.88. Stalexport Autostrady's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was zł0.82. Stalexport Autostrady's Cyclically Adjusted Price-to-FCF of today is 3.51.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Stalexport Autostrady was 9.76. The lowest was 2.96. And the median was 5.40.


Stalexport Autostrady Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Stalexport Autostrady'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.

Stalexport Autostrady Cyclically Adjusted FCF per Share Chart

Stalexport Autostrady 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 0.55 0.56 0.63 0.79 0.81

Stalexport Autostrady 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 0.84 0.83 0.83 0.81 0.82

Competitive Comparison of Stalexport Autostrady's Cyclically Adjusted FCF per Share

For the Infrastructure Operations subindustry, Stalexport Autostrady'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.


Stalexport Autostrady's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Stalexport Autostrady's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Stalexport Autostrady 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, Stalexport Autostrady'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)
=0.191/149.0435*149.0435
=0.191

Current CPI (Mar. 2024) = 149.0435.

Stalexport Autostrady Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.109 101.180 0.161
201409 0.171 100.611 0.253
201412 0.072 100.122 0.107
201503 0.112 100.041 0.167
201506 0.183 100.448 0.272
201509 0.225 99.634 0.337
201512 0.150 99.471 0.225
201603 0.134 98.983 0.202
201606 0.191 99.552 0.286
201609 0.212 99.064 0.319
201612 0.116 100.366 0.172
201703 0.123 101.018 0.181
201706 0.216 101.180 0.318
201709 0.229 101.343 0.337
201712 0.081 102.564 0.118
201803 0.188 102.564 0.273
201806 0.180 103.378 0.260
201809 0.342 103.378 0.493
201812 0.090 103.785 0.129
201903 0.287 104.274 0.410
201906 0.154 105.983 0.217
201909 0.220 105.983 0.309
201912 0.141 107.123 0.196
202003 -0.019 109.076 -0.026
202006 0.011 109.402 0.015
202009 0.234 109.320 0.319
202012 0.150 109.565 0.204
202103 0.132 112.658 0.175
202106 0.120 113.960 0.157
202109 0.162 115.588 0.209
202112 0.083 119.088 0.104
202203 0.210 125.031 0.250
202206 -0.025 131.705 -0.028
202209 0.289 135.531 0.318
202212 0.218 139.113 0.234
202303 0.202 145.950 0.206
202306 0.017 147.009 0.017
202309 0.303 146.113 0.309
202312 -0.153 147.741 -0.154
202403 0.191 149.044 0.191

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


Stalexport Autostrady  (WAR:STX) 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.

Stalexport Autostrady's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.88/0.82
=3.51

* 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 Stalexport Autostrady was 9.76. The lowest was 2.96. And the median was 5.40.


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.


Stalexport Autostrady Cyclically Adjusted FCF per Share Related Terms

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


Stalexport Autostrady (WAR:STX) Business Description

Industry
Traded in Other Exchanges
Address
ul. Piaskowa 20, Myslowice, POL, 41-404
Stalexport Autostrady SA is an engineering and infrastructure company based in Poland. It operates under two divisions; Management of motorways and provision of advisory and rental services. Its core business is the construction and maintenance of motorways throughout the country, especially Katowice-Krakow section of the A4 motorway. The company manufactures metal structures, installs industrial machinery, repairs fabricated metal products, constructs bridges and tunnels and underground railways and provides for electrical installations for infrastructure. Its other businesses comprise of the leasing office, parking spaces and provision of management and business advisory services.