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Corporacion Financiera Alba (XMAD:ALB) Cyclically Adjusted Price-to-FCF : 22.39 (As of Jun. 01, 2024)


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What is Corporacion Financiera Alba Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Corporacion Financiera Alba's current share price is €51.50. Corporacion Financiera Alba's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 was €2.30. Corporacion Financiera Alba's Cyclically Adjusted Price-to-FCF for today is 22.39.

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

XMAD:ALB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.29   Med: 34.12   Max: 54.94
Current: 22.25

During the past 13 years, Corporacion Financiera Alba's highest Cyclically Adjusted Price-to-FCF was 54.94. The lowest was 18.29. And the median was 34.12.

XMAD:ALB's Cyclically Adjusted Price-to-FCF is ranked worse than
53.8% of 500 companies
in the Asset Management industry
Industry Median: 19.54 vs XMAD:ALB: 22.25

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.

Corporacion Financiera Alba's adjusted free cash flow per share data of for the fiscal year that ended in Dec22 was €1.310. 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 €2.30 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corporacion Financiera Alba Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Corporacion Financiera Alba'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.

Corporacion Financiera Alba Cyclically Adjusted Price-to-FCF Chart

Corporacion Financiera Alba 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 30.22 28.67 18.81 22.34 18.79

Corporacion Financiera Alba Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 22.34 - 18.79 -

Competitive Comparison of Corporacion Financiera Alba's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Corporacion Financiera Alba'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.


Corporacion Financiera Alba's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



Corporacion Financiera Alba 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.

Corporacion Financiera Alba's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=51.50/2.3
=22.39

* 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.

Corporacion Financiera Alba's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Corporacion Financiera Alba's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=1.31/117.6503*117.6503
=1.310

Current CPI (Dec22) = 117.6503.

Corporacion Financiera Alba Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 1.382 101.306 1.605
201412 0.731 100.251 0.858
201512 1.251 100.268 1.468
201612 2.325 101.842 2.686
201712 0.731 102.975 0.835
201812 2.721 104.193 3.072
201912 3.908 105.015 4.378
202012 3.233 104.456 3.641
202112 2.946 111.298 3.114
202212 1.310 117.650 1.310

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.


Corporacion Financiera Alba  (XMAD:ALB) 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.


Corporacion Financiera Alba Cyclically Adjusted Price-to-FCF Related Terms

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


Corporacion Financiera Alba (XMAD:ALB) Business Description

Traded in Other Exchanges
Address
C/ castello 77-5th floor, Madrid, ESP, 28006
Corporacion Financiera Alba SA is an investment holding company in Spain. The company's objective is to take long-term holdings in listed and unlisted companies, with activities in different economic sectors. The company is a part of the March group which integrates Banca March and Fundacion Juan March. Banca March is a family-owned Spanish bank, focused on Private Banking and Wealth Management, with a strong focus on family businesses. Its investments include top-tier office buildings in prime downtown and suburban business locations. Its current investment portfolio includes Acerinox, Naturgy, CIE Automotive, Ebro, Indra, Viscofan among others. It is also engaged in the lease of properties and holds interests in companies through venture capital.

Corporacion Financiera Alba (XMAD:ALB) Headlines