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Aitken Spence (COL:SPEN.N0000) Cyclically Adjusted Price-to-FCF : 34.85 (As of Jun. 09, 2024)


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What is Aitken Spence Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Aitken Spence's current share price is රු131.75. Aitken Spence's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was රු3.78. Aitken Spence's Cyclically Adjusted Price-to-FCF for today is 34.85.

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

COL:SPEN.N0000' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.47   Med: 33.42   Max: 229.23
Current: 34.36

During the past years, Aitken Spence's highest Cyclically Adjusted Price-to-FCF was 229.23. The lowest was 13.47. And the median was 33.42.

COL:SPEN.N0000's Cyclically Adjusted Price-to-FCF is ranked worse than
71.3% of 216 companies
in the Conglomerates industry
Industry Median: 18.655 vs COL:SPEN.N0000: 34.36

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.

Aitken Spence's adjusted free cash flow per share data for the three months ended in Dec. 2023 was රු10.050. 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 රු3.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aitken Spence Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aitken Spence'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.

Aitken Spence Cyclically Adjusted Price-to-FCF Chart

Aitken Spence 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 - - - 14.58 26.84

Aitken Spence 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 31.75 26.84 28.03 40.87 30.66

Competitive Comparison of Aitken Spence's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, Aitken Spence'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.


Aitken Spence's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aitken Spence's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Aitken Spence 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=131.75/3.78
=34.85

* 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.

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

For example, Aitken Spence'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)
=10.05/129.4194*129.4194
=10.050

Current CPI (Dec. 2023) = 129.4194.

Aitken Spence Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.221 99.695 1.585
201406 -5.022 100.560 -6.463
201409 -2.151 100.428 -2.772
201412 2.016 99.070 2.634
201503 7.106 99.621 9.232
201506 5.569 100.684 7.158
201509 -1.550 100.392 -1.998
201512 0.506 99.792 0.656
201603 12.640 100.470 16.282
201606 -4.002 101.688 -5.093
201609 -5.680 101.861 -7.217
201612 -3.150 101.863 -4.002
201703 -1.590 102.862 -2.001
201706 3.177 103.349 3.978
201709 -1.797 104.136 -2.233
201712 -0.308 104.011 -0.383
201803 -1.392 105.290 -1.711
201806 -0.536 106.317 -0.652
201809 -0.224 106.507 -0.272
201812 -3.950 105.998 -4.823
201903 -7.804 107.251 -9.417
201906 -2.646 108.070 -3.169
201909 -5.506 108.329 -6.578
201912 -1.452 108.420 -1.733
202003 -1.013 108.902 -1.204
202006 -2.048 108.767 -2.437
202009 2.260 109.815 2.663
202012 1.127 109.897 1.327
202103 1.419 111.754 1.643
202106 2.099 114.631 2.370
202109 6.614 115.734 7.396
202112 19.598 117.630 21.562
202203 21.764 121.301 23.221
202206 -4.984 125.017 -5.160
202209 -8.584 125.227 -8.871
202212 5.924 125.222 6.123
202303 8.822 127.348 8.966
202306 -2.928 128.729 -2.944
202309 -7.902 129.860 -7.875
202312 10.050 129.419 10.050

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.


Aitken Spence  (COL:SPEN.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.


Aitken Spence Cyclically Adjusted Price-to-FCF Related Terms

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


Aitken Spence (COL:SPEN.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 315, Vauxhall Street, Aitken Spence Towers II, Colombo, LKA, 02
Aitken Spence PLC is a Sri Lankan-based conglomerate company. Its segments consist of Tourism, Maritime and Freight Logistics, Strategic Investments, and Services. The tourism segment includes Hotels, destination management, and Airline GSA. Maritime and Freight Logistics segments consist of Maritime and Port Services, Freight Forwarding and Courier, Airline GSA (Cargo), Integrated Logistics, and Education. Strategic Investment includes Power Generation, Apparel Manufacture, Printing and Packaging, and Plantations. The services sector is engaged in Money Transfer Services, Elevator Agencies, Insurance, and Property Management. The company's geographical segments are Sri Lanka, Maldives, and Other Countries.

Aitken Spence (COL:SPEN.N0000) Headlines

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