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Combined Group Contracting K C (KUW:CGC) Cyclically Adjusted Price-to-FCF : 11.00 (As of Jun. 10, 2024)


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What is Combined Group Contracting K C Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Combined Group Contracting K C's current share price is KWD0.66. Combined Group Contracting K C's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was KWD0.06. Combined Group Contracting K C's Cyclically Adjusted Price-to-FCF for today is 11.00.

The historical rank and industry rank for Combined Group Contracting K C's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

KUW:CGC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.25   Med: 10.63   Max: 15.13
Current: 11.01

During the past years, Combined Group Contracting K C's highest Cyclically Adjusted Price-to-FCF was 15.13. The lowest was 7.25. And the median was 10.63.

KUW:CGC's Cyclically Adjusted Price-to-FCF is ranked better than
66.95% of 584 companies
in the Construction industry
Industry Median: 17.7 vs KUW:CGC: 11.01

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.

Combined Group Contracting K C's adjusted free cash flow per share data for the three months ended in Mar. 2024 was KWD-0.006. 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 KWD0.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Combined Group Contracting K C Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Combined Group Contracting K C'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.

Combined Group Contracting K C Cyclically Adjusted Price-to-FCF Chart

Combined Group Contracting K C 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 - - - 12.59 9.12

Combined Group Contracting K C 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 13.26 10.02 8.78 9.12 8.03

Competitive Comparison of Combined Group Contracting K C's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Combined Group Contracting K C'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.


Combined Group Contracting K C's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Combined Group Contracting K C's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Combined Group Contracting K C's Cyclically Adjusted Price-to-FCF falls into.



Combined Group Contracting K C 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.

Combined Group Contracting K C's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.66/0.06
=11.00

* 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.

Combined Group Contracting K C's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Combined Group Contracting K C'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)
=-0.006/131.7762*131.7762
=-0.006

Current CPI (Mar. 2024) = 131.7762.

Combined Group Contracting K C Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.154 100.560 0.202
201409 -0.089 100.428 -0.117
201412 -0.010 99.070 -0.013
201503 0.046 99.621 0.061
201506 -0.041 100.684 -0.054
201509 -0.098 100.392 -0.129
201512 0.026 99.792 0.034
201603 -0.029 100.470 -0.038
201606 -0.002 101.688 -0.003
201609 -0.030 101.861 -0.039
201612 -0.064 101.863 -0.083
201703 -0.027 102.862 -0.035
201706 0.010 103.349 0.013
201709 0.042 104.136 0.053
201712 0.091 104.011 0.115
201803 0.041 105.290 0.051
201806 0.029 106.317 0.036
201809 -0.003 106.507 -0.004
201812 0.010 105.998 0.012
201903 0.019 107.251 0.023
201906 0.026 108.070 0.032
201909 0.029 108.329 0.035
201912 0.047 108.420 0.057
202003 0.022 108.902 0.027
202006 0.078 108.767 0.095
202009 0.038 109.815 0.046
202012 0.087 109.897 0.104
202103 0.035 111.754 0.041
202106 0.017 114.631 0.020
202109 0.021 115.734 0.024
202112 0.040 117.630 0.045
202203 -0.038 121.301 -0.041
202206 -0.001 125.017 -0.001
202209 -0.044 125.227 -0.046
202212 -0.001 125.222 -0.001
202303 -0.025 127.348 -0.026
202306 0.009 128.729 0.009
202309 0.028 129.860 0.028
202312 0.021 129.419 0.021
202403 -0.006 131.776 -0.006

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.


Combined Group Contracting K C  (KUW:CGC) 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.


Combined Group Contracting K C Cyclically Adjusted Price-to-FCF Related Terms

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Combined Group Contracting K C (KUW:CGC) Business Description

Traded in Other Exchanges
N/A
Address
Al Ardiya Industrial, P.O. Box : 4819, Block No. 2, Plot No. 284, Kuwait City, KWT, 13049
Combined Group Contracting SA K C is a Kuwait-based company engaged in the construction industry. It undertakes general contracting, mechanical works, engineering works; packaging cement, sand, and related materials; Asphalt production, constructions works of building, ways, bridges and managing, controlling them and their related works and many other activities. The group has the operations in State of Kuwait and Gulf Countries of which it earns the majority of revenue share from Kuwait region.