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Suzano (BUE:SUZ) Cyclically Adjusted FCF per Share : ARS710.24 (As of Mar. 2024)


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What is Suzano 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.

Suzano's adjusted free cash flow per share for the three months ended in Mar. 2024 was ARS-156.357. 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 ARS710.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Suzano's average Cyclically Adjusted FCF Growth Rate was 10.90% 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 (2024-06-06), Suzano's current stock price is ARS11719.50. Suzano's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ARS710.24. Suzano's Cyclically Adjusted Price-to-FCF of today is 16.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Suzano was 158.62. The lowest was 13.54. And the median was 19.14.


Suzano Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Suzano'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.

Suzano Cyclically Adjusted FCF per Share Chart

Suzano 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 -8.51 -4.16 58.10 178.36 623.65

Suzano 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 234.60 332.67 509.24 623.65 710.24

Competitive Comparison of Suzano's Cyclically Adjusted FCF per Share

For the Paper & Paper Products subindustry, Suzano'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.


Suzano's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Suzano's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Suzano 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, Suzano'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)
=-156.357/159.3724*159.3724
=-156.357

Current CPI (Mar. 2024) = 159.3724.

Suzano Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.287 91.838 -0.498
201409 0.910 92.602 1.566
201412 0.819 94.194 1.386
201503 0.377 97.799 0.614
201506 0.327 100.006 0.521
201509 0.311 101.392 0.489
201512 1.500 104.247 2.293
201603 1.683 106.979 2.507
201606 0.685 108.851 1.003
201609 0.662 109.986 0.959
201612 -0.285 110.802 -0.410
201703 0.665 111.869 0.947
201706 1.497 112.115 2.128
201709 2.234 112.777 3.157
201712 1.984 114.068 2.772
201803 3.192 114.868 4.429
201806 5.401 117.038 7.355
201809 4.032 117.881 5.451
201812 6.998 118.340 9.424
201903 -5.854 120.124 -7.767
201906 13.507 120.977 17.794
201909 18.001 121.292 23.652
201912 1.075 123.436 1.388
202003 5.677 124.092 7.291
202006 30.439 123.557 39.262
202009 21.400 125.095 27.264
202012 28.269 129.012 34.921
202103 24.668 131.660 29.860
202106 50.687 133.871 60.343
202109 44.519 137.913 51.446
202112 32.260 141.992 36.209
202203 29.711 146.537 32.313
202206 46.117 149.784 49.069
202209 8.859 147.800 9.553
202212 46.361 150.207 49.190
202303 13.049 153.352 13.561
202306 43.958 154.519 45.339
202309 -110.893 155.464 -113.681
202312 9.539 157.148 9.674
202403 -156.357 159.372 -156.357

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


Suzano  (BUE:SUZ) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=11719.50/710.24
=16.50

* 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 Suzano was 158.62. The lowest was 13.54. And the median was 19.14.


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.


Suzano Cyclically Adjusted FCF per Share Related Terms

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


Suzano (BUE:SUZ) Business Description

Industry
Traded in Other Exchanges
Address
Avenida Professor Magalhaes Neto, No. 1,752, 10th Floor, Rooms 1010 and 1011, Salvador, BA, BRA, 41810-011
Suzano SA produces and sells pulp and a variety of paper products. The company organizes itself into two segments based on product type: Pulp and Paper. The Pulp segment generates the majority of revenue. The firm's product portfolio includes printing and writing paper, paperboard, diapers, and sanitary napkins. The company owns forest land and plants in Brazil, where it harvests timber and turns the timber into pulp and paper in its plants. More revenue comes from Europe than any other geographic area.

Suzano (BUE:SUZ) Headlines