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CF Industries Holdings (BSP:C1FI34) Cyclically Adjusted Price-to-FCF : 17.50 (As of Jun. 07, 2024)


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What is CF Industries Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), CF Industries Holdings's current share price is R$408.00. CF Industries Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$23.32. CF Industries Holdings's Cyclically Adjusted Price-to-FCF for today is 17.50.

The historical rank and industry rank for CF Industries Holdings's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:C1FI34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.57   Med: 24.96   Max: 44.99
Current: 16.42

During the past years, CF Industries Holdings's highest Cyclically Adjusted Price-to-FCF was 44.99. The lowest was 12.57. And the median was 24.96.

BSP:C1FI34's Cyclically Adjusted Price-to-FCF is ranked better than
51.06% of 94 companies
in the Agriculture industry
Industry Median: 16.785 vs BSP:C1FI34: 16.42

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.

CF Industries Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$9.134. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is R$23.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CF Industries Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CF Industries Holdings's Cyclically Adjusted Price-to-FCF 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.

CF Industries Holdings Cyclically Adjusted Price-to-FCF Chart

CF Industries Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.04 20.27 28.20 23.64 17.23

CF Industries Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 18.61 15.74 19.46 17.23 17.67

Competitive Comparison of CF Industries Holdings's Cyclically Adjusted Price-to-FCF

For the Agricultural Inputs subindustry, CF Industries Holdings'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.


CF Industries Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, CF Industries Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



CF Industries Holdings Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

CF Industries Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=408.00/23.32
=17.50

* 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.

CF Industries Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CF Industries Holdings'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)
=9.134/131.7762*131.7762
=9.134

Current CPI (Mar. 2024) = 131.7762.

CF Industries Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -4.256 100.560 -5.577
201409 0.318 100.428 0.417
201412 -3.124 99.070 -4.155
201503 1.123 99.621 1.485
201506 -8.158 100.684 -10.677
201509 -3.069 100.392 -4.028
201512 -9.050 99.792 -11.951
201603 -5.226 100.470 -6.854
201606 -8.841 101.688 -11.457
201609 -4.117 101.861 -5.326
201612 -5.273 101.863 -6.821
201703 3.515 102.862 4.503
201706 10.435 103.349 13.305
201709 1.464 104.136 1.853
201712 0.656 104.011 0.831
201803 2.989 105.290 3.741
201806 3.837 106.317 4.756
201809 8.944 106.507 11.066
201812 1.853 105.998 2.304
201903 3.865 107.251 4.749
201906 5.429 108.070 6.620
201909 6.850 108.329 8.333
201912 3.656 108.420 4.444
202003 5.076 108.902 6.142
202006 9.042 108.767 10.955
202009 3.433 109.815 4.120
202012 4.477 109.897 5.368
202103 13.227 111.754 15.597
202106 0.418 114.631 0.481
202109 11.693 115.734 13.314
202112 35.356 117.630 39.608
202203 31.271 121.301 33.971
202206 19.886 125.017 20.961
202209 20.880 125.227 21.972
202212 11.990 125.222 12.618
202303 23.226 127.348 24.034
202306 15.358 128.729 15.722
202309 12.059 129.860 12.237
202312 7.459 129.419 7.595
202403 9.134 131.776 9.134

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


CF Industries Holdings  (BSP:C1FI34) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


CF Industries Holdings Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of CF Industries Holdings's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


CF Industries Holdings (BSP:C1FI34) Business Description

Traded in Other Exchanges
Address
4 Parkway North, Suite 400, Deerfield, IL, USA, 60015
CF Industries is a leading producer and distributor of nitrogen, which is primarily used in fertilizers. The company operates nitrogen manufacturing plants primarily in North America. CF also produces nitrogen in the United Kingdom and holds a joint venture interest in a nitrogen production facility in Trinidad and Tobago. CF makes nitrogen primarily using low-cost U.S. natural gas as its feedstock, making CF one of the lowest-cost nitrogen producers globally. The company is also investing in carbon-free blue and green ammonia, which can be used an alternative fuel to hydrogen or as a means to transport hydrogen.

CF Industries Holdings (BSP:C1FI34) Headlines

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