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Cabot (FRA:CBT) Cyclically Adjusted Price-to-FCF : 27.26 (As of May. 26, 2024)


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What is Cabot Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Cabot's current share price is €93.50. Cabot's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.43. Cabot's Cyclically Adjusted Price-to-FCF for today is 27.26.

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

FRA:CBT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.4   Med: 20.79   Max: 37.4
Current: 27.47

During the past years, Cabot's highest Cyclically Adjusted Price-to-FCF was 37.40. The lowest was 7.40. And the median was 20.79.

FRA:CBT's Cyclically Adjusted Price-to-FCF is ranked worse than
52.67% of 562 companies
in the Chemicals industry
Industry Median: 24.7 vs FRA:CBT: 27.47

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.

Cabot's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €2.193. 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 €3.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cabot Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cabot'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.

Cabot Cyclically Adjusted Price-to-FCF Chart

Cabot Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.78 12.89 16.06 22.01 20.78

Cabot 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 22.34 18.51 20.78 23.62 24.80

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

For the Specialty Chemicals subindustry, Cabot'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.


Cabot's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cabot's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Cabot 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=93.50/3.43
=27.26

* 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.

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

For example, Cabot'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)
=2.193/131.7762*131.7762
=2.193

Current CPI (Mar. 2024) = 131.7762.

Cabot Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.801 100.560 1.050
201409 0.878 100.428 1.152
201412 0.188 99.070 0.250
201503 1.730 99.621 2.288
201506 0.563 100.684 0.737
201509 2.609 100.392 3.425
201512 0.867 99.792 1.145
201603 1.101 100.470 1.444
201606 1.118 101.688 1.449
201609 0.921 101.861 1.191
201612 1.283 101.863 1.660
201703 -1.072 102.862 -1.373
201706 1.306 103.349 1.665
201709 1.291 104.136 1.634
201712 -0.096 104.011 -0.122
201803 -0.276 105.290 -0.345
201806 0.055 106.317 0.068
201809 1.298 106.507 1.606
201812 -1.360 105.998 -1.691
201903 0.701 107.251 0.861
201906 0.864 108.070 1.054
201909 2.018 108.329 2.455
201912 0.584 108.420 0.710
202003 -0.432 108.902 -0.523
202006 1.666 108.767 2.018
202009 0.920 109.815 1.104
202012 -0.116 109.897 -0.139
202103 0.370 111.754 0.436
202106 0.364 114.631 0.418
202109 0.299 115.734 0.340
202112 -1.231 117.630 -1.379
202203 -0.493 121.301 -0.536
202206 -0.266 125.017 -0.280
202209 0.266 125.227 0.280
202212 0.283 125.222 0.298
202303 1.825 127.348 1.888
202306 2.663 128.729 2.726
202309 1.006 129.860 1.021
202312 0.838 129.419 0.853
202403 2.193 131.776 2.193

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.


Cabot  (FRA:CBT) 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.


Cabot Cyclically Adjusted Price-to-FCF Related Terms

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


Cabot (FRA:CBT) Business Description

Industry
Traded in Other Exchanges
Address
Two Seaport Lane, Suite 1400, Boston, MA, USA, 02210
Cabot Corp manufactures and sells a variety of chemicals, materials, and chemical-based products. The company organizes itself into two segments based on the product type. The reinforcement materials segment, which generates more revenue than any other segment, sells rubber-grade carbon black products used in hoses and belts in automobiles. The performance chemicals segment sells ink-jet colorants and metal oxides used in the automotive and construction industries.