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YIT Oyj (YIT Oyj) Cyclically Adjusted Price-to-FCF : 3.09 (As of Jun. 07, 2024)


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

As of today (2024-06-07), YIT Oyj's current share price is $1.08. YIT Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.35. YIT Oyj's Cyclically Adjusted Price-to-FCF for today is 3.09.

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

YITYY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.38   Med: 8.13   Max: 14.16
Current: 3.59

During the past years, YIT Oyj's highest Cyclically Adjusted Price-to-FCF was 14.16. The lowest was 2.38. And the median was 8.13.

YITYY's Cyclically Adjusted Price-to-FCF is ranked better than
91.39% of 581 companies
in the Construction industry
Industry Median: 17.76 vs YITYY: 3.59

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.

YIT Oyj's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.084. 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 $0.35 for the trailing ten years ended in Mar. 2024.

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 2.97

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 2.97 2.91

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 Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.08/0.35
=3.09

* 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.

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)
=-0.084/122.3600*122.3600
=-0.084

Current CPI (Mar. 2024) = 122.3600.

YIT Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.079 100.147 -0.097
201409 0.212 100.726 0.258
201412 0.675 100.229 0.824
201503 0.075 100.120 0.092
201506 0.519 100.030 0.635
201509 0.063 100.130 0.077
201512 0.195 99.990 0.239
201603 -0.104 100.080 -0.127
201606 0.328 100.390 0.400
201609 -0.048 100.540 -0.058
201612 -0.017 101.020 -0.021
201703 0.242 100.910 0.293
201706 0.087 101.140 0.105
201709 -0.169 101.320 -0.204
201712 0.900 101.510 1.085
201803 -0.427 101.730 -0.514
201806 0.409 102.320 0.489
201809 -0.065 102.600 -0.078
201812 0.494 102.710 0.589
201903 0.016 102.870 0.019
201906 -0.127 103.360 -0.150
201909 -0.032 103.540 -0.038
201912 0.363 103.650 0.429
202003 -0.150 103.490 -0.177
202006 -0.091 103.320 -0.108
202009 -0.030 103.710 -0.035
202012 0.398 103.890 0.469
202103 0.170 104.870 0.198
202106 0.279 105.360 0.324
202109 -0.129 106.290 -0.149
202112 0.378 107.490 0.430
202203 -0.122 110.950 -0.135
202206 -0.348 113.570 -0.375
202209 -0.306 114.920 -0.326
202212 0.105 117.320 0.110
202303 -0.565 119.750 -0.577
202306 0.028 120.690 0.028
202309 -0.008 121.280 -0.008
202312 0.159 121.540 0.160
202403 -0.084 122.360 -0.084

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  (OTCPK:YITYY) 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
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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