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Loras Holding AS (IST:LRSHO) Cyclically Adjusted Price-to-FCF : (As of May. 28, 2024)


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What is Loras Holding AS Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Loras Holding AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Loras Holding AS'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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Loras Holding AS Cyclically Adjusted Price-to-FCF Chart

Loras Holding AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Loras Holding AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Loras Holding AS's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, Loras Holding AS'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.


Loras Holding AS's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

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

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



Loras Holding AS 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.

Loras Holding AS's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Loras Holding AS's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.06/129.8595*129.8595
=-0.060

Current CPI (Sep. 2023) = 129.8595.

Loras Holding AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.123 98.326 -0.162
201403 -0.113 99.695 -0.147
201406 -0.025 100.560 -0.032
201409 -0.022 100.428 -0.028
201412 -0.034 99.070 -0.045
201503 -0.038 99.621 -0.050
201506 -0.032 100.684 -0.041
201509 -0.047 100.392 -0.061
201512 -0.051 99.792 -0.066
201603 -0.024 100.470 -0.031
201606 0.074 101.688 0.095
201609 -0.054 101.861 -0.069
201612 -0.169 101.863 -0.215
201703 -0.099 102.862 -0.125
201706 0.027 103.349 0.034
201709 -0.102 104.136 -0.127
201712 -0.035 104.011 -0.044
201803 -0.125 105.290 -0.154
201806 -0.053 106.317 -0.065
201809 -0.091 106.507 -0.111
201812 -0.019 105.998 -0.023
201903 -0.241 107.251 -0.292
201906 0.034 108.070 0.041
201909 0.024 108.329 0.029
201912 -0.205 108.420 -0.246
202003 0.112 108.902 0.134
202006 -0.416 108.767 -0.497
202009 0.167 109.815 0.197
202012 -0.328 109.897 -0.388
202103 0.059 111.754 0.069
202106 -0.027 114.631 -0.031
202109 0.014 115.734 0.016
202112 0.122 117.630 0.135
202203 0.097 121.301 0.104
202206 -0.235 125.017 -0.244
202209 -0.006 125.227 -0.006
202212 0.064 125.222 0.066
202303 -0.057 127.348 -0.058
202306 -0.039 128.729 -0.039
202309 -0.060 129.860 -0.060

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.


Loras Holding AS  (IST:LRSHO) 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.


Loras Holding AS Cyclically Adjusted Price-to-FCF Related Terms

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Loras Holding AS (IST:LRSHO) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Feritpa?a Mah. Kule Caddesi, Kule Plaza Kat:36 No:2/62, Selcuklu, Konya, TUR, 42060
Loras Holding AS is a group operating in the retail, food, construction, machinery and livestock sectors.

Loras Holding AS (IST:LRSHO) Headlines

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