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Ascent Industries Co (Ascent Industries Co) Cyclically Adjusted FCF per Share : $0.65 (As of Mar. 2024)


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What is Ascent Industries Co 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.

Ascent Industries Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.004. 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 $0.65 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ascent Industries Co's average Cyclically Adjusted FCF Growth Rate was 38.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Ascent Industries Co was 210.70% per year. The lowest was -67.80% per year. And the median was -1.90% per year.

As of today (2024-05-24), Ascent Industries Co's current stock price is $10.2232. Ascent Industries Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.65. Ascent Industries Co's Cyclically Adjusted Price-to-FCF of today is 15.73.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ascent Industries Co was 1550.00. The lowest was 11.85. And the median was 75.50.


Ascent Industries Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ascent Industries Co'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.

Ascent Industries Co Cyclically Adjusted FCF per Share Chart

Ascent Industries Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.46 -0.10 0.22 0.31 0.72

Ascent Industries Co 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 0.47 0.59 0.62 0.72 0.65

Competitive Comparison of Ascent Industries Co's Cyclically Adjusted FCF per Share

For the Steel subindustry, Ascent Industries Co'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.


Ascent Industries Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ascent Industries Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ascent Industries Co 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, Ascent Industries Co'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)
=-0.004/131.7762*131.7762
=-0.004

Current CPI (Mar. 2024) = 131.7762.

Ascent Industries Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.013 100.560 -0.017
201409 1.334 100.428 1.750
201412 0.410 99.070 0.545
201503 -1.479 99.621 -1.956
201506 1.259 100.684 1.648
201509 0.056 100.392 0.074
201512 0.814 99.792 1.075
201603 -0.337 100.470 -0.442
201606 0.329 101.688 0.426
201609 -0.427 101.861 -0.552
201612 0.257 101.863 0.332
201703 -0.926 102.862 -1.186
201706 -0.039 103.349 -0.050
201709 0.308 104.136 0.390
201712 0.304 104.011 0.385
201803 -0.847 105.290 -1.060
201806 -2.164 106.317 -2.682
201809 -0.280 106.507 -0.346
201812 -1.097 105.998 -1.364
201903 0.575 107.251 0.706
201906 0.692 108.070 0.844
201909 0.416 108.329 0.506
201912 0.999 108.420 1.214
202003 -0.135 108.902 -0.163
202006 -0.101 108.767 -0.122
202009 0.581 109.815 0.697
202012 1.189 109.897 1.426
202103 -0.109 111.754 -0.129
202106 0.584 114.631 0.671
202109 1.169 115.734 1.331
202112 0.218 117.630 0.244
202203 -0.070 121.301 -0.076
202206 0.156 125.017 0.164
202209 -0.267 125.227 -0.281
202212 0.390 125.222 0.410
202303 1.262 127.348 1.306
202306 0.372 128.729 0.381
202309 0.225 129.860 0.228
202312 0.131 129.419 0.133
202403 -0.004 131.776 -0.004

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


Ascent Industries Co  (NAS:ACNT) 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.

Ascent Industries Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.2232/0.65
=15.73

* 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 Ascent Industries Co was 1550.00. The lowest was 11.85. And the median was 75.50.


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.


Ascent Industries Co Cyclically Adjusted FCF per Share Related Terms

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


Ascent Industries Co (Ascent Industries Co) Business Description

Industry
Traded in Other Exchanges
Address
1400 16th Street, Suite 270, Oak Brook, IL, USA, 60523
Ascent Industries Co is engaged in the chemical and metal industry. The group operates into two reportable segments namely the Ascent Tubular Products and the Specialty Chemicals Segment. The Tubular Products segment serves markets through pipe and tube and customers in the appliance, architectural, automotive and commercial transportation, brewery, chemical, petrochemical and other industries. The Specialty Chemicals segment produces specialty products for the pulp and paper, coatings, adhesives, sealants and elastomers (CASE), textile, automotive, household and other industries. It manufactures welded pipe and tube, majorly from stainless steel, duplex, and nickel alloys. The company also produces specialty chemicals and dyes used in various end markets.
Executives
Zuppo John Robert Iii other: Exec VP - Synalloy Chemicals 6095 OLD BRICK STORE RD, GREENSBORO NC 27455
William Steckel officer: Chief Financial Officer 2972 STENDER WAY, SANTA CLARA CA 95054
Benjamin L Rosenzweig director 50 OLD IVY ROAD SUITE 230, ATLANTA GA 30342
Mazzaferro Aldo John Jr director 15 MIDWOOD ROAD, STONY BROOK NY 11790
Christopher Gerald Hutter director 1400 16TH STREET, SUITE 250, OAK BROOK IL 60523
Privet Fund Lp 10 percent owner, other: See Explanation of Responses 3280 PEACHTREE ROAD NE, SUITE 2670, Atlanta GA 30305
Henry L Guy director 89 SUMMIT AVENUE, SECOND FLOOR, SUMMIT NJ 07901
Aaron M Tam officer: Chief Financial Officer 4510 COX ROAD, SUITE 201, GLEN ALLEN VA 23060
John Schauerman director 26000 COMMERCENTRE DR., LAKE FOREST CA 92630
Tackett Glenn Douglas Jr officer: Chief Legal Officer 4510 COX ROAD, SUITE 201, GLEN ALLEN VA 23060
David James Kuzy other: EVP - Synalloy Chemicals 639 S. MAIN STREET, NAPERVILLE IL 60540
Timothy J Lynch other: Exec VP - Synalloy Metals 13601 PERDIDO KEY DRIVE, UNIT 12 C, PENSACOLA FL 32507
Sarah M Cunningham officer: VP Corporate Adinistration 14519 AUGUSTA LANE, ASHLAND X1 23005
Maria Haughton Roberson other: President, ASTI 129 HONEYCUTT ROAD, TROUTMAN NC 28166
Anthony A Callander director PO BOX 5627, SPARTANBURG SC 29304