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Hydraulic Elements and Systems AD (XBUL:HES) Cyclically Adjusted Price-to-FCF : 57.50 (As of Jun. 10, 2024)


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What is Hydraulic Elements and Systems AD Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Hydraulic Elements and Systems AD's current share price is лв5.75. Hydraulic Elements and Systems AD's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2023 was лв0.10. Hydraulic Elements and Systems AD's Cyclically Adjusted Price-to-FCF for today is 57.50.

The historical rank and industry rank for Hydraulic Elements and Systems AD's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

XBUL:HES's Cyclically Adjusted Price-to-FCF is not ranked *
in the Industrial Products industry.
Industry Median: 31.99
* Ranked among companies with meaningful Cyclically Adjusted Price-to-FCF only.

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.

Hydraulic Elements and Systems AD's adjusted free cash flow per share data for the three months ended in Mar. 2023 was лв0.042. 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 лв0.10 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hydraulic Elements and Systems AD Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hydraulic Elements and Systems AD'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.

Hydraulic Elements and Systems AD Cyclically Adjusted Price-to-FCF Chart

Hydraulic Elements and Systems AD Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 50.02 59.54

Hydraulic Elements and Systems AD Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 48.27 50.79 45.30 59.54 64.95

Competitive Comparison of Hydraulic Elements and Systems AD's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Hydraulic Elements and Systems AD'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.


Hydraulic Elements and Systems AD's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hydraulic Elements and Systems AD's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hydraulic Elements and Systems AD's Cyclically Adjusted Price-to-FCF falls into.



Hydraulic Elements and Systems AD 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.

Hydraulic Elements and Systems AD's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.75/0.1
=57.50

* 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.

Hydraulic Elements and Systems AD's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Hydraulic Elements and Systems AD's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.042/127.3478*127.3478
=0.042

Current CPI (Mar. 2023) = 127.3478.

Hydraulic Elements and Systems AD Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 0.014 98.518 0.018
201309 0.106 98.790 0.137
201312 0.003 98.326 0.004
201403 0.061 99.695 0.078
201406 0.054 100.560 0.068
201409 0.116 100.428 0.147
201412 0.069 99.070 0.089
201503 0.171 99.621 0.219
201506 -0.025 100.684 -0.032
201509 0.041 100.392 0.052
201512 0.059 99.792 0.075
201603 0.056 100.470 0.071
201606 -0.002 101.688 -0.003
201609 0.013 101.861 0.016
201612 0.062 101.863 0.078
201703 0.052 102.862 0.064
201706 0.036 103.349 0.044
201709 -0.104 104.136 -0.127
201712 -0.021 104.011 -0.026
201803 -0.081 105.290 -0.098
201806 0.067 106.317 0.080
201809 0.014 106.507 0.017
201812 -0.078 105.998 -0.094
201903 0.056 107.251 0.066
201906 -0.109 108.070 -0.128
201909 0.234 108.329 0.275
201912 0.143 108.420 0.168
202003 -0.042 108.902 -0.049
202006 0.071 108.767 0.083
202009 -0.032 109.815 -0.037
202012 0.118 109.897 0.137
202103 0.088 111.754 0.100
202106 0.101 114.631 0.112
202109 -0.062 115.734 -0.068
202112 -0.332 117.630 -0.359
202203 0.030 121.301 0.031
202206 -0.030 125.017 -0.031
202209 0.153 125.227 0.156
202212 -0.324 125.222 -0.330
202303 0.042 127.348 0.042

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.


Hydraulic Elements and Systems AD  (XBUL:HES) 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.


Hydraulic Elements and Systems AD Cyclically Adjusted Price-to-FCF Related Terms

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


Hydraulic Elements and Systems AD (XBUL:HES) Business Description

Traded in Other Exchanges
N/A
Address
1 Pirin Street, Yambol, BGR, 8600
Hydraulic Elements and Systems AD is a manufacturer of hydraulic machines & equipment. The Company designs, manufactures and services hydraulic cylinders, single-acting and double-acting piston cylinders.

Hydraulic Elements and Systems AD (XBUL:HES) Headlines