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Azkoyen (XMAD:AZK) Cyclically Adjusted Price-to-FCF : 10.97 (As of Jun. 08, 2024)


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What is Azkoyen Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Azkoyen's current share price is €6.58. Azkoyen's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €0.60. Azkoyen's Cyclically Adjusted Price-to-FCF for today is 10.97.

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

XMAD:AZK' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.92   Med: 12.14   Max: 23.42
Current: 10.98

During the past 13 years, Azkoyen's highest Cyclically Adjusted Price-to-FCF was 23.42. The lowest was 4.92. And the median was 12.14.

XMAD:AZK's Cyclically Adjusted Price-to-FCF is ranked better than
88.37% of 1032 companies
in the Industrial Products industry
Industry Median: 32.78 vs XMAD:AZK: 10.98

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.

Azkoyen's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €0.448. 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 €0.60 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Azkoyen Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Azkoyen'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.

Azkoyen Cyclically Adjusted Price-to-FCF Chart

Azkoyen Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.09 12.07 9.81 10.26 10.61

Azkoyen Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 9.81 - 10.26 - 10.61

Competitive Comparison of Azkoyen's Cyclically Adjusted Price-to-FCF

For the Business Equipment & Supplies subindustry, Azkoyen'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.


Azkoyen's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Azkoyen 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.58/0.6
=10.97

* 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.

Azkoyen's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Azkoyen's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.448/121.2997*121.2997
=0.448

Current CPI (Dec23) = 121.2997.

Azkoyen Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.367 100.251 0.444
201512 0.545 100.268 0.659
201612 0.470 101.842 0.560
201712 0.591 102.975 0.696
201812 0.395 104.193 0.460
201912 0.796 105.015 0.919
202012 0.396 104.456 0.460
202112 0.688 111.298 0.750
202212 0.578 117.650 0.596
202312 0.448 121.300 0.448

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.


Azkoyen  (XMAD:AZK) 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.


Azkoyen Cyclically Adjusted Price-to-FCF Related Terms

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


Azkoyen (XMAD:AZK) Business Description

Industry
Traded in Other Exchanges
Address
Avenida San Silvestre, Navarra, s/n. Peralta, ESP, 31350
Azkoyen SA designs manufacture and sells technological solutions for payment systems, vending machines, security systems, and access control. The company operates through time and security, payment technologies, and coffee and vending systems segments. The company generates maximum revenue from the coffee and vending systems segment. The coffee and vending systems segment offers the consumption of raw materials for product packaging, the generation of non-hazardous waste, and the consumption of water and energy for the operation of the facilities. Geographically, the company derives a majority of its revenue from Germany and also has a presence in Spain; Italy; the United Kingdom; the Rest EU; the Rest of the OECD, and the Rest of the World.

Azkoyen (XMAD:AZK) Headlines

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