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Hargreaves Services (LSE:HSP) Cyclically Adjusted Price-to-FCF : 11.29 (As of May. 23, 2024)


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What is Hargreaves Services Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Hargreaves Services's current share price is £5.42. Hargreaves Services's Cyclically Adjusted FCF per Share for the fiscal year that ended in May23 was £0.48. Hargreaves Services's Cyclically Adjusted Price-to-FCF for today is 11.29.

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

LSE:HSP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.6   Med: 10.3   Max: 72.27
Current: 11.49

During the past 13 years, Hargreaves Services's highest Cyclically Adjusted Price-to-FCF was 72.27. The lowest was 5.60. And the median was 10.30.

LSE:HSP's Cyclically Adjusted Price-to-FCF is ranked better than
65.78% of 415 companies
in the Transportation industry
Industry Median: 18.22 vs LSE:HSP: 11.49

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.

Hargreaves Services's adjusted free cash flow per share data of for the fiscal year that ended in May23 was £0.843. 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 £0.48 for the trailing ten years ended in May23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hargreaves Services Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hargreaves Services'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.

Hargreaves Services Cyclically Adjusted Price-to-FCF Chart

Hargreaves Services Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.88 5.77 11.04 21.98 8.23

Hargreaves Services Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 - 21.98 - 8.23 -

Competitive Comparison of Hargreaves Services's Cyclically Adjusted Price-to-FCF

For the Integrated Freight & Logistics subindustry, Hargreaves Services'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.


Hargreaves Services's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hargreaves Services's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Hargreaves Services 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.42/0.48
=11.29

* 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.

Hargreaves Services's Cyclically Adjusted FCF per Share for the fiscal year that ended in May23 is calculated as:

For example, Hargreaves Services's adjusted Free Cash Flow per Share data for the fiscal year that ended in May23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of May23 (Change)*Current CPI (May23)
=0.843/129.1000*129.1000
=0.843

Current CPI (May23) = 129.1000.

Hargreaves Services Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.284 99.600 0.368
201505 1.594 100.100 2.056
201605 -0.273 100.800 -0.350
201705 0.549 103.500 0.685
201805 -0.136 105.900 -0.166
201905 0.455 107.900 0.544
202005 -0.297 108.600 -0.353
202105 1.278 111.000 1.486
202205 -0.305 119.700 -0.329
202305 0.843 129.100 0.843

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.


Hargreaves Services  (LSE:HSP) 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.


Hargreaves Services Cyclically Adjusted Price-to-FCF Related Terms

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


Hargreaves Services (LSE:HSP) Business Description

Traded in Other Exchanges
Address
West Terrace, Esh Winning, Durham, GBR, DH7 9PT
Hargreaves Services PLC delivers projects and services in the infrastructure, energy, and property sectors, supporting key industries within the UK and South East Asia. The company's business segments are Services and Hargreaves Land. It generates maximum revenue from the Services segment. The Services segment provides materials handling, mechanical and electrical engineering, land restoration, logistics and bulk earthmoving into the energy, environmental, infrastructure and industrial sectors.

Hargreaves Services (LSE:HSP) Headlines

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