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AS Latvijas Gaze (FRA:UMA) Cyclically Adjusted Price-to-FCF : 13.24 (As of Jun. 10, 2024)


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What is AS Latvijas Gaze Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), AS Latvijas Gaze's current share price is €8.34. AS Latvijas Gaze's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.63. AS Latvijas Gaze's Cyclically Adjusted Price-to-FCF for today is 13.24.

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

FRA:UMA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.43   Med: 12.26   Max: 22
Current: 13.27

During the past years, AS Latvijas Gaze's highest Cyclically Adjusted Price-to-FCF was 22.00. The lowest was 8.43. And the median was 12.26.

FRA:UMA's Cyclically Adjusted Price-to-FCF is ranked better than
59.41% of 239 companies
in the Utilities - Regulated industry
Industry Median: 16.4 vs FRA:UMA: 13.27

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.

AS Latvijas Gaze's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.536. 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 €0.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AS Latvijas Gaze Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AS Latvijas Gaze'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.

AS Latvijas Gaze Cyclically Adjusted Price-to-FCF Chart

AS Latvijas Gaze 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 11.80 13.17 16.43 9.63 12.35

AS Latvijas Gaze 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 10.84 13.47 11.06 12.35 14.49

Competitive Comparison of AS Latvijas Gaze's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Gas subindustry, AS Latvijas Gaze'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.


AS Latvijas Gaze's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, AS Latvijas Gaze's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



AS Latvijas Gaze 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.

AS Latvijas Gaze's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.34/0.63
=13.24

* 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.

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

For example, AS Latvijas Gaze'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)
=0.536/131.7762*131.7762
=0.536

Current CPI (Mar. 2024) = 131.7762.

AS Latvijas Gaze Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.364 100.560 0.477
201409 -1.338 100.428 -1.756
201412 -0.113 99.070 -0.150
201503 2.502 99.621 3.310
201506 -0.065 100.684 -0.085
201509 -2.508 100.392 -3.292
201512 1.514 99.792 1.999
201603 2.725 100.470 3.574
201606 0.155 101.688 0.201
201609 -1.714 101.861 -2.217
201612 1.172 101.863 1.516
201703 0.783 102.862 1.003
201706 -1.180 103.349 -1.505
201709 -2.083 104.136 -2.636
201712 0.611 104.011 0.774
201803 1.859 105.290 2.327
201806 0.195 106.317 0.242
201809 -2.326 106.507 -2.878
201812 0.546 105.998 0.679
201903 2.013 107.251 2.473
201906 -0.003 108.070 -0.004
201909 -0.979 108.329 -1.191
201912 0.727 108.420 0.884
202003 1.195 108.902 1.446
202006 0.231 108.767 0.280
202009 -0.605 109.815 -0.726
202012 -0.142 109.897 -0.170
202103 0.999 111.754 1.178
202106 -2.333 114.631 -2.682
202109 -0.690 115.734 -0.786
202112 0.645 117.630 0.723
202203 1.078 121.301 1.171
202206 2.151 125.017 2.267
202209 -1.187 125.227 -1.249
202212 0.179 125.222 0.188
202303 1.850 127.348 1.914
202306 -1.040 128.729 -1.065
202309 -0.806 129.860 -0.818
202312 0.591 129.419 0.602
202403 0.536 131.776 0.536

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.


AS Latvijas Gaze  (FRA:UMA) 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.


AS Latvijas Gaze Cyclically Adjusted Price-to-FCF Related Terms

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AS Latvijas Gaze (FRA:UMA) Business Description

Industry
Traded in Other Exchanges
Address
6 Aristida Bri?na Street, Riga, LVA, LV-1001
AS Latvijas Gaze is a Latvia-based company, which is engaged in the energy supply sector. The operation of the group is the transmission, storage, distribution and sales of natural gas in Latvia. The operating business segments are the Natural gas sales & trading segment and distribution segment. The Natural gas sales & trading segment comprises the purchase, trade, and sale of natural gas. The Distribution segment provides natural gas distribution services in Latvia. The maximum revenue of the company is derived from the Natural gas sales & trading segment.

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