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YIT Oyj (YIT Oyj) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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What is YIT Oyj Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


YIT Oyj Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for YIT Oyj'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.

YIT Oyj Cyclically Adjusted Price-to-FCF Chart

YIT Oyj 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 10.75 8.34 5.73 4.10 2.98

YIT Oyj Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.81 3.41 3.06 2.98 2.94

Competitive Comparison of YIT Oyj's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, YIT Oyj'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.


YIT Oyj's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, YIT Oyj's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



YIT Oyj 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.

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

For example, YIT Oyj'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)
=-0.161/121.2200*121.2200
=-0.161

Current CPI (Mar. 2024) = 121.2200.

YIT Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.158 100.147 -0.191
201409 0.425 100.726 0.511
201412 1.349 100.229 1.632
201503 0.150 100.120 0.182
201506 1.038 100.030 1.258
201509 0.126 100.130 0.153
201512 0.391 99.990 0.474
201603 -0.207 100.080 -0.251
201606 0.655 100.390 0.791
201609 -0.095 100.540 -0.115
201612 -0.034 101.020 -0.041
201703 0.484 100.910 0.581
201706 0.174 101.140 0.209
201709 -0.337 101.320 -0.403
201712 1.800 101.510 2.150
201803 -0.853 101.730 -1.016
201806 0.819 102.320 0.970
201809 -0.131 102.600 -0.155
201812 0.988 102.710 1.166
201903 0.032 102.870 0.038
201906 -0.254 103.360 -0.298
201909 -0.064 103.540 -0.075
201912 0.708 103.650 0.828
202003 -0.300 103.490 -0.351
202006 -0.182 103.320 -0.214
202009 -0.060 103.710 -0.070
202012 0.913 103.890 1.065
202103 0.325 104.870 0.376
202106 0.588 105.360 0.677
202109 -0.186 106.290 -0.212
202112 0.757 107.490 0.854
202203 -0.242 110.950 -0.264
202206 -0.693 113.570 -0.740
202209 -0.682 114.920 -0.719
202212 0.213 117.320 0.220
202303 -1.080 119.750 -1.093
202306 0.057 120.690 0.057
202309 -0.015 121.280 -0.015
202312 0.318 121.220 0.318
202403 -0.161 121.220 -0.161

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.


YIT Oyj  (GREY:YITYF) 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.


YIT Oyj Cyclically Adjusted Price-to-FCF Related Terms

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


YIT Oyj (YIT Oyj) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » YIT Oyj (GREY:YITYF) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Panuntie 11, P.O. Box 36, Helsinki, FIN, 00620
YIT Oyj is a Finnish construction service provider. YIT develops and builds apartments and living services, business premises and entire areas. The company has four reportable segments: 1) Housing segment which comprises the development and construction of apartments, entire residential areas and leisure-time residences; 2) Business Premises segment engages in contracting in business premises construction as well as residential construction. 3) Infrastructure segment includes railway and traffic route construction and maintenance, green construction, bridge building and repairing, foundation construction and other earthworks, shoreline and waterworks construction, etc; 4) Property Development segment develops business premises and hybrid projects as well as wind farms.

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