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Access Engineering (COL:AEL.N0000) Cyclically Adjusted Price-to-FCF : 13.00 (As of Jun. 01, 2024)


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What is Access Engineering Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Access Engineering's current share price is රු23.40. Access Engineering's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was රු1.80. Access Engineering's Cyclically Adjusted Price-to-FCF for today is 13.00.

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

COL:AEL.N0000' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.27   Med: 25.47   Max: 83.33
Current: 13.35

During the past years, Access Engineering's highest Cyclically Adjusted Price-to-FCF was 83.33. The lowest was 9.27. And the median was 25.47.

COL:AEL.N0000's Cyclically Adjusted Price-to-FCF is ranked better than
61.82% of 584 companies
in the Construction industry
Industry Median: 18.22 vs COL:AEL.N0000: 13.35

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.

Access Engineering's adjusted free cash flow per share data for the three months ended in Dec. 2023 was රු1.382. 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 රු1.80 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Access Engineering Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Access Engineering'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.

Access Engineering Cyclically Adjusted Price-to-FCF Chart

Access Engineering Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 81.23 10.02

Access Engineering 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 20.20 10.02 9.28 12.04 11.25

Competitive Comparison of Access Engineering's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Access Engineering'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.


Access Engineering's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



Access Engineering 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=23.40/1.8
=13.00

* 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.

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

For example, Access Engineering'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)
=1.382/129.4194*129.4194
=1.382

Current CPI (Dec. 2023) = 129.4194.

Access Engineering Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.602 99.695 0.781
201406 0.480 100.560 0.618
201409 1.052 100.428 1.356
201412 0.764 99.070 0.998
201503 -0.012 99.621 -0.016
201506 1.264 100.684 1.625
201509 1.346 100.392 1.735
201512 -0.984 99.792 -1.276
201603 0.021 100.470 0.027
201606 0.019 101.688 0.024
201609 0.327 101.861 0.415
201612 -0.124 101.863 -0.158
201703 0.438 102.862 0.551
201706 -0.709 103.349 -0.888
201709 -0.394 104.136 -0.490
201712 0.056 104.011 0.070
201803 0.072 105.290 0.089
201806 -1.173 106.317 -1.428
201809 0.267 106.507 0.324
201812 0.877 105.998 1.071
201903 0.718 107.251 0.866
201906 0.327 108.070 0.392
201909 -0.641 108.329 -0.766
201912 -0.861 108.420 -1.028
202003 -1.583 108.902 -1.881
202006 0.857 108.767 1.020
202009 2.908 109.815 3.427
202012 1.445 109.897 1.702
202103 1.839 111.754 2.130
202106 -2.860 114.631 -3.229
202109 -1.386 115.734 -1.550
202112 -1.360 117.630 -1.496
202203 -3.435 121.301 -3.665
202206 0.158 125.017 0.164
202209 1.143 125.227 1.181
202212 2.362 125.222 2.441
202303 8.619 127.348 8.759
202306 3.756 128.729 3.776
202309 -1.010 129.860 -1.007
202312 1.382 129.419 1.382

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.


Access Engineering  (COL:AEL.N0000) 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.


Access Engineering Cyclically Adjusted Price-to-FCF Related Terms

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


Access Engineering (COL:AEL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 278, Union Place, Access Towers, Colombo, LKA, 02
Access Engineering PLC is involved in the business of construction activities and the supply of construction-related services and materials. The company is divided into four segments namely The Construction segment includes the process of constructing buildings and other infrastructures; The Construction-Related Materials segment involves the Production and supply of construction-related materials such as asphalt products, quarry products, and others; The Property segment is engaged in the development of high rise buildings and The Automobile segment includes importing and distribution, or sale of motor vehicles, and spare parts. It generates a majority of its revenue from the Construction Segment. The activities of the Group are located mainly in Sri Lanka.

Access Engineering (COL:AEL.N0000) Headlines

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