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City Steel PCL (BKK:CITY) Cyclically Adjusted FCF per Share : ฿0.34 (As of Jan. 2024)


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What is City Steel PCL 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.

City Steel PCL's adjusted free cash flow per share for the three months ended in Jan. 2024 was ฿-0.017. 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 ฿0.34 for the trailing ten years ended in Jan. 2024.

During the past 12 months, City Steel PCL's average Cyclically Adjusted FCF Growth Rate was -10.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -0.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 1.60% 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 City Steel PCL was 6.10% per year. The lowest was -0.90% per year. And the median was 4.60% per year.

As of today (2024-05-28), City Steel PCL's current stock price is ฿2.16. City Steel PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was ฿0.34. City Steel PCL's Cyclically Adjusted Price-to-FCF of today is 6.35.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of City Steel PCL was 7.86. The lowest was 3.21. And the median was 5.88.


City Steel PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for City Steel PCL'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.

City Steel PCL Cyclically Adjusted FCF per Share Chart

City Steel PCL Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.37 0.43 0.40 0.36

City Steel PCL Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.38 0.38 0.36 0.35 0.34

Competitive Comparison of City Steel PCL's Cyclically Adjusted FCF per Share

For the Metal Fabrication subindustry, City Steel PCL'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.


City Steel PCL's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



City Steel PCL 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, City Steel PCL's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.017/130.1244*130.1244
=-0.017

Current CPI (Jan. 2024) = 130.1244.

City Steel PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.392 100.023 0.510
201407 0.277 100.520 0.359
201410 -0.006 100.176 -0.008
201501 0.287 98.604 0.379
201504 0.190 99.824 0.248
201507 0.125 100.691 0.162
201510 -0.029 100.346 -0.038
201601 0.207 99.957 0.269
201604 0.139 100.947 0.179
201607 0.024 101.524 0.031
201610 0.139 101.988 0.177
201701 0.110 102.456 0.140
201704 0.043 103.167 0.054
201707 0.076 103.278 0.096
201710 0.068 104.070 0.085
201801 0.076 104.578 0.095
201804 0.000 105.708 0.000
201807 0.087 106.324 0.106
201810 0.023 106.695 0.028
201901 0.044 106.200 0.054
201904 0.138 107.818 0.167
201907 -0.007 108.250 -0.008
201910 0.059 108.577 0.071
202001 0.142 108.841 0.170
202004 -0.007 108.173 -0.008
202007 -0.032 109.318 -0.038
202010 0.003 109.861 0.004
202101 -0.025 110.364 -0.029
202104 0.072 112.673 0.083
202107 0.001 115.183 0.001
202110 0.040 116.696 0.045
202201 0.043 118.619 0.047
202204 0.003 121.978 0.003
202207 0.038 125.002 0.040
202210 -0.048 125.734 -0.050
202301 -0.028 126.223 -0.029
202304 0.020 127.992 0.020
202307 -0.037 128.974 -0.037
202310 -0.018 129.810 -0.018
202401 -0.017 130.124 -0.017

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


City Steel PCL  (BKK:CITY) 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.

City Steel PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.16/0.34
=6.35

* 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 City Steel PCL was 7.86. The lowest was 3.21. And the median was 5.88.


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.


City Steel PCL Cyclically Adjusted FCF per Share Related Terms

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


City Steel PCL (BKK:CITY) Business Description

Industry
Traded in Other Exchanges
N/A
Address
88/3 Moo 4, Bypass Road, Tumbol Nongmaidaeng, Amphur Muang, Chonburi, THA, 20000
City Steel PCL is principally engaged in manufacturing and sale of metal structures, storage system and material handling equipment, and fabricated metal parts, as well as the provision of one-stop metal processing services and the sale of metals. Geographically, it operates only in Thailand.

City Steel PCL (BKK:CITY) Headlines

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