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Alteo (XMAU:ALTG_N0000) Cyclically Adjusted FCF per Share : MUR5.03 (As of Mar. 2024)


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What is Alteo Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Alteo's adjusted free cash flow per share for the three months ended in Mar. 2024 was MUR0.583. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is MUR5.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Alteo's average Cyclically Adjusted FCF Growth Rate was -4.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-10-08), Alteo's current stock price is MUR12.10. Alteo's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was MUR5.03. Alteo's Cyclically Adjusted Price-to-FCF of today is 2.41.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Alteo was 6.02. The lowest was 1.11. And the median was 1.95.


Alteo Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Alteo's Cyclically Adjusted FCF per Share 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.

Alteo Cyclically Adjusted FCF per Share Chart

Alteo Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 5.28 5.17

Alteo Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 5.29 5.17 5.16 5.12 5.03

Competitive Comparison of Alteo's Cyclically Adjusted FCF per Share

For the Confectioners subindustry, Alteo'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.


Alteo's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Alteo's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Alteo Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Alteo'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)
=0.583/131.7762*131.7762
=0.583

Current CPI (Mar. 2024) = 131.7762.

Alteo Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.038 100.560 -0.050
201409 0.785 100.428 1.030
201412 1.452 99.070 1.931
201503 1.714 99.621 2.267
201506 1.094 100.684 1.432
201509 0.967 100.392 1.269
201512 0.116 99.792 0.153
201603 2.675 100.470 3.509
201606 1.386 101.688 1.796
201609 1.885 101.861 2.439
201612 1.816 101.863 2.349
201703 4.513 102.862 5.782
201706 -2.487 103.349 -3.171
201709 1.032 104.136 1.306
201712 0.657 104.011 0.832
201803 0.449 105.290 0.562
201806 -0.687 106.317 -0.852
201809 0.572 106.507 0.708
201812 1.215 105.998 1.510
201903 -0.402 107.251 -0.494
201906 2.115 108.070 2.579
201909 0.845 108.329 1.028
201912 1.190 108.420 1.446
202003 3.445 108.902 4.169
202006 -2.928 108.767 -3.547
202009 2.206 109.815 2.647
202012 1.085 109.897 1.301
202103 2.203 111.754 2.598
202106 -0.194 114.631 -0.223
202109 1.176 115.734 1.339
202112 2.521 117.630 2.824
202203 3.740 121.301 4.063
202206 0.341 125.017 0.359
202209 2.718 125.227 2.860
202212 0.635 125.222 0.668
202303 -0.210 127.348 -0.217
202306 -0.437 128.729 -0.447
202309 1.374 129.860 1.394
202312 0.537 129.419 0.547
202403 0.583 131.776 0.583

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Alteo  (XMAU:ALTG_N0000) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Alteo's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12.10/5.03
=2.41

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Alteo was 6.02. The lowest was 1.11. And the median was 1.95.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Alteo Cyclically Adjusted FCF per Share Related Terms

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


Alteo Business Description

Traded in Other Exchanges
N/A
Address
Vivea Business Park, Saint Pierre, MUS, 81430
Alteo Ltd is engaged in the growing and milling of sugar cane, the production of electricity and the construction of villas. The company has three reportable segments sugar segment, which generates maximum revenue and includes planting and harvesting of sugar cane and other food crops, sugar cane milling and sugar refining; Energy segment, which operates bagasse/coal power plants to supply steam and electricity and Property segment, which promotes, markets and sells villas, apartments and serviced land. The company geographically operates in Mauritius.

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