GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cosan SA (BSP:CSAN3) » Definitions » Cyclically Adjusted Price-to-FCF

Cosan (BSP:CSAN3) Cyclically Adjusted Price-to-FCF : 9.78 (As of May. 26, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Cosan Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Cosan's current share price is R$13.99. Cosan's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$1.43. Cosan's Cyclically Adjusted Price-to-FCF for today is 9.78.

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

BSP:CSAN3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.78   Med: 21.31   Max: 34.24
Current: 9.78

During the past years, Cosan's highest Cyclically Adjusted Price-to-FCF was 34.24. The lowest was 9.78. And the median was 21.31.

BSP:CSAN3's Cyclically Adjusted Price-to-FCF is ranked better than
64.47% of 394 companies
in the Oil & Gas industry
Industry Median: 13.83 vs BSP:CSAN3: 9.78

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.

Cosan's adjusted free cash flow per share data for the three months ended in Dec. 2023 was R$0.080. 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$1.43 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cosan Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cosan'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.

Cosan Cyclically Adjusted Price-to-FCF Chart

Cosan 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 26.13 23.01 23.22 14.01 13.53

Cosan Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14.01 12.38 13.60 12.10 13.53

Competitive Comparison of Cosan's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Refining & Marketing subindustry, Cosan'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.


Cosan's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cosan's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Cosan 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.

Cosan's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.99/1.43
=9.78

* 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.

Cosan's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Cosan's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.08/157.1481*157.1481
=0.080

Current CPI (Dec. 2023) = 157.1481.

Cosan Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.037 90.447 0.064
201406 0.005 91.838 0.009
201409 0.094 92.602 0.160
201412 -0.121 94.194 -0.202
201503 0.084 97.799 0.135
201506 0.286 100.006 0.449
201509 0.245 101.392 0.380
201512 0.143 104.247 0.216
201603 0.127 106.979 0.187
201606 0.295 108.851 0.426
201609 0.353 109.986 0.504
201612 0.275 110.802 0.390
201703 0.219 111.869 0.308
201706 0.231 112.115 0.324
201709 0.273 112.777 0.380
201712 0.119 114.068 0.164
201803 0.867 114.868 1.186
201806 0.114 117.038 0.153
201809 0.255 117.881 0.340
201812 0.031 118.340 0.041
201903 0.055 120.124 0.072
201906 0.286 120.977 0.372
201909 0.489 121.292 0.634
201912 0.848 123.436 1.080
202003 -0.190 124.092 -0.241
202006 0.391 123.557 0.497
202009 0.261 125.095 0.328
202012 0.350 129.012 0.426
202103 0.216 131.660 0.258
202106 0.316 133.871 0.371
202109 0.054 137.913 0.062
202112 -0.370 141.992 -0.409
202203 0.120 146.537 0.129
202206 0.743 149.784 0.780
202209 1.429 147.800 1.519
202212 0.611 150.207 0.639
202303 0.165 153.352 0.169
202306 0.916 154.519 0.932
202309 0.985 155.464 0.996
202312 0.080 157.148 0.080

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.


Cosan  (BSP:CSAN3) 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.


Cosan Cyclically Adjusted Price-to-FCF Related Terms

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


Cosan (BSP:CSAN3) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cosan SA (BSP:CSAN3) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Avenue Brigadeiro Faria Lima, 4100 / 15th Floor Itaim Bibi, Sao Paulo, SP, BRA, 04538-132
Cosan SA engages in several services throughout the energy and logistics sectors. Cosan SA and Cosan Logistica account for the many segments that constitute Cosan's operations. Cosan SA delivers over half of the group's revenue. It is diversified across the energy sector with companies specializing in fuel distribution, sugar and ethanol production, power generation, natural gas distribution, lubricants, and land management. The majority of the revenue is generated from the distribution of fuels in Brazil.

Cosan (BSP:CSAN3) Headlines

No Headlines