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Apanet (WAR:APA) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Apanet Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Apanet Cyclically Adjusted Price-to-FCF Historical Data

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

Apanet Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Apanet Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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Competitive Comparison of Apanet's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Apanet'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.


Apanet's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Apanet's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Apanet 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.

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

For example, Apanet'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)
=-0.015/149.0435*149.0435
=-0.015

Current CPI (Mar. 2024) = 149.0435.

Apanet Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.085 101.262 -0.125
201406 -0.217 101.180 -0.320
201409 -0.066 100.611 -0.098
201412 -0.041 100.122 -0.061
201503 -0.023 100.041 -0.034
201506 -0.039 100.448 -0.058
201509 -0.067 99.634 -0.100
201512 0.466 99.471 0.698
201603 -0.175 98.983 -0.264
201606 0.009 99.552 0.013
201609 -0.095 99.064 -0.143
201612 -0.118 100.366 -0.175
201703 0.253 101.018 0.373
201706 0.076 101.180 0.112
201709 -0.092 101.343 -0.135
201712 -0.047 102.564 -0.068
201803 -0.027 102.564 -0.039
201806 -0.071 103.378 -0.102
201809 -0.034 103.378 -0.049
201812 0.038 103.785 0.055
201903 0.004 104.274 0.006
201906 0.057 105.983 0.080
201909 -0.065 105.983 -0.091
201912 0.100 107.123 0.139
202003 -0.003 109.076 -0.004
202006 -0.064 109.402 -0.087
202009 0.070 109.320 0.095
202012 -0.028 109.565 -0.038
202103 -0.016 112.658 -0.021
202106 0.080 113.960 0.105
202109 0.082 115.588 0.106
202112 -0.068 119.088 -0.085
202203 0.053 125.031 0.063
202206 -0.042 131.705 -0.048
202209 0.078 135.531 0.086
202212 0.054 139.113 0.058
202303 0.079 145.950 0.081
202306 -0.188 147.009 -0.191
202309 0.014 146.113 0.014
202403 -0.015 149.044 -0.015

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.


Apanet  (WAR:APA) 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.


Apanet Cyclically Adjusted Price-to-FCF Related Terms

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Apanet (WAR:APA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Apanet SA (WAR:APA) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
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Address
Aleja Piastow 27, Wroclaw, POL, 52-424
Apanet SA focuses on smart systems for power consumption reduction and electricity usage rationalization. Its products include Controllers, Ballasts, Servers, Sensors, Control system and Infrastructure.