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Excel Industries (NSE:EXCELINDUS) Cyclically Adjusted Price-to-FCF : 23.58 (As of Jun. 04, 2024)


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What is Excel Industries Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), Excel Industries's current share price is ₹982.05. Excel Industries's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 was ₹41.65. Excel Industries's Cyclically Adjusted Price-to-FCF for today is 23.58.

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

NSE:EXCELINDUS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.97   Med: 41.79   Max: 66.13
Current: 25.35

During the past 13 years, Excel Industries's highest Cyclically Adjusted Price-to-FCF was 66.13. The lowest was 19.97. And the median was 41.79.

NSE:EXCELINDUS's Cyclically Adjusted Price-to-FCF is ranked worse than
50.87% of 576 companies
in the Chemicals industry
Industry Median: 24.85 vs NSE:EXCELINDUS: 25.35

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.

Excel Industries's adjusted free cash flow per share data of for the fiscal year that ended in Mar24 was ₹31.823. 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 ₹41.65 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Excel Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Excel Industries'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.

Excel Industries Cyclically Adjusted Price-to-FCF Chart

Excel Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.89 42.12 54.06 23.59 16.99

Excel Industries 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 23.59 - - - 16.99

Competitive Comparison of Excel Industries's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Excel Industries'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.


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

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

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



Excel Industries 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=982.05/41.65
=23.58

* 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.

Excel Industries's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Excel Industries's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=31.823/153.0345*153.0345
=31.823

Current CPI (Mar24) = 153.0345.

Excel Industries Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 8.677 97.163 13.667
201603 15.314 102.518 22.860
201703 -5.066 105.196 -7.370
201803 53.149 109.786 74.086
201903 70.522 118.202 91.304
202003 35.344 124.705 43.373
202103 34.318 131.771 39.856
202203 27.874 138.822 30.728
202303 73.741 146.865 76.839
202403 31.823 153.035 31.823

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.


Excel Industries  (NSE:EXCELINDUS) 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.


Excel Industries Cyclically Adjusted Price-to-FCF Related Terms

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


Excel Industries (NSE:EXCELINDUS) Business Description

Traded in Other Exchanges
Address
184-87, Swami Vivekanand Road, Jogeshwari (West), Mumbai, MH, IND, 400 102
Excel Industries Ltd is a chemical manufacturer based in India. The company is organized into two business segments namely; Chemicals segment which comprises of industrial and specialty chemicals, pesticides intermediates, polymer and pharma intermediates; and Environment and Biotech segment which comprises of soil enricher, biopesticides, and bioproducts. Apart from these segments company also focuses on waste management area where it converts solid waste into organic soil conditioner. The majority of its revenues come from the Indian market, while it also has a presence in the International market.

Excel Industries (NSE:EXCELINDUS) Headlines

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