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Ferronoux Holdings (PHS:FERRO) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is Ferronoux Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ferronoux Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ferronoux Holdings'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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Ferronoux Holdings Cyclically Adjusted Price-to-FCF Chart

Ferronoux Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Ferronoux Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Ferronoux Holdings's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Ferronoux Holdings'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.


Ferronoux Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ferronoux Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ferronoux Holdings 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.

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

For example, Ferronoux Holdings'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)
=0.001/131.7762*131.7762
=0.001

Current CPI (Mar. 2024) = 131.7762.

Ferronoux Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.058 100.560 0.076
201409 0.106 100.428 0.139
201412 -0.094 99.070 -0.125
201503 -0.604 99.621 -0.799
201506 -0.050 100.684 -0.065
201509 0.000 100.392 0.000
201512 -0.002 99.792 -0.003
201603 0.001 100.470 0.001
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 0.001 101.863 0.001
201703 -0.001 102.862 -0.001
201706 0.001 103.349 0.001
201709 0.000 104.136 0.000
201712 -0.001 104.011 -0.001
201803 0.000 105.290 0.000
201806 0.000 106.317 0.000
201809 0.000 106.507 0.000
201812 0.000 105.998 0.000
201903 0.000 107.251 0.000
201906 0.000 108.070 0.000
201909 0.000 108.329 0.000
201912 0.000 108.420 0.000
202003 -0.003 108.902 -0.004
202006 0.004 108.767 0.005
202009 -0.002 109.815 -0.002
202012 -0.002 109.897 -0.002
202103 0.000 111.754 0.000
202106 0.003 114.631 0.003
202109 -0.002 115.734 -0.002
202112 0.000 117.630 0.000
202203 0.000 121.301 0.000
202206 0.001 125.017 0.001
202209 0.000 125.227 0.000
202212 -0.001 125.222 -0.001
202303 0.002 127.348 0.002
202306 -0.001 128.729 -0.001
202309 -0.002 129.860 -0.002
202312 0.000 129.419 0.000
202403 0.001 131.776 0.001

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.


Ferronoux Holdings  (PHS:FERRO) 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.


Ferronoux Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Ferronoux Holdings (PHS:FERRO) Business Description

Traded in Other Exchanges
N/A
Address
F. Ortigas, Jr. Road, 6th Floor, Hanston Building, Ortigas Center, Pasig, PHL, 1605
Ferronoux Holdings Inc is a holding company.

Ferronoux Holdings (PHS:FERRO) Headlines

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