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SAES Getters SPA (CHIX:SGM) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is SAES Getters SPA Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


SAES Getters SPA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SAES Getters SPA'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.

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SAES Getters SPA Cyclically Adjusted Price-to-FCF Chart

SAES Getters SPA 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 234.59 294.30 255.09 72.66 -

SAES Getters SPA 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 97.23 85.98 76.15 - -

Competitive Comparison of SAES Getters SPA's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, SAES Getters SPA'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.


SAES Getters SPA's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, SAES Getters SPA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



SAES Getters SPA 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.

SAES Getters SPA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, SAES Getters SPA'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)
=-1.259/120.2000*120.2000
=-1.259

Current CPI (Mar. 2024) = 120.2000.

SAES Getters SPA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 100.093 0.000
201409 0.000 99.814 0.000
201412 0.000 99.721 0.000
201503 0.000 99.814 0.000
201506 0.000 100.279 0.000
201509 0.000 100.000 0.000
201512 0.000 99.814 0.000
201603 0.000 99.600 0.000
201606 0.000 99.900 0.000
201609 0.000 100.100 0.000
201612 0.000 100.300 0.000
201703 0.000 101.000 0.000
201706 0.000 101.100 0.000
201709 0.000 101.200 0.000
201712 0.000 101.200 0.000
201803 0.028 101.800 0.033
201806 -0.058 102.400 -0.068
201809 0.133 102.600 0.156
201812 0.148 102.300 0.174
201903 -0.116 102.800 -0.136
201906 -0.326 103.100 -0.380
201909 0.242 102.900 0.283
201912 0.206 102.800 0.241
202003 -0.159 102.900 -0.186
202006 -0.070 102.900 -0.082
202009 0.019 102.300 0.022
202012 0.186 102.600 0.218
202103 -0.266 103.700 -0.308
202106 -0.165 104.200 -0.190
202109 -0.220 104.900 -0.252
202112 0.809 106.600 0.912
202203 0.085 110.400 0.093
202206 0.152 112.500 0.162
202209 0.078 114.200 0.082
202212 0.858 119.000 0.867
202303 -0.023 118.800 -0.023
202306 0.203 119.700 0.204
202309 0.658 120.300 0.657
202312 -3.812 119.700 -3.828
202403 -1.259 120.200 -1.259

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.


SAES Getters SPA  (CHIX:SGm) 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.


SAES Getters SPA Cyclically Adjusted Price-to-FCF Related Terms

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


SAES Getters SPA (CHIX:SGM) Business Description

Industry
Traded in Other Exchanges
Address
Viale Italia, 77, Lainate, Milan, ITA, 20020
SAES Getters SPA is a company operating in the technology sector. It develops getters and related components, which are used to remove residual gas in various industrial processes. The operating segments of the company are Metallurgy; Vacuum Technology; Medical; Specialty Chemicals and Packaging.

SAES Getters SPA (CHIX:SGM) Headlines