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International Steels (KAR:ISL) Cyclically Adjusted FCF per Share : ₨6.77 (As of Mar. 2024)


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What is International Steels 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.

International Steels's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₨3.470. 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 ₨6.77 for the trailing ten years ended in Mar. 2024.

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 (2024-06-08), International Steels's current stock price is ₨85.07. International Steels's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₨6.77. International Steels's Cyclically Adjusted Price-to-FCF of today is 12.57.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of International Steels was 13.65. The lowest was 7.52. And the median was 11.81.


International Steels Cyclically Adjusted FCF per Share Historical Data

The historical data trend for International Steels'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.

International Steels Cyclically Adjusted FCF per Share Chart

International Steels Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
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International Steels 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 - - 6.35 5.34 6.77

Competitive Comparison of International Steels's Cyclically Adjusted FCF per Share

For the Steel subindustry, International Steels'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.


International Steels's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

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



International Steels 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, International Steels'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)
=3.47/131.7762*131.7762
=3.470

Current CPI (Mar. 2024) = 131.7762.

International Steels Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 6.491 98.326 8.699
201406 0.000 100.560 0.000
201409 -7.475 100.428 -9.808
201412 2.532 99.070 3.368
201506 0.000 100.684 0.000
201509 -1.118 100.392 -1.468
201512 -0.231 99.792 -0.305
201603 5.476 100.470 7.182
201606 1.332 101.688 1.726
201609 1.816 101.861 2.349
201612 -0.749 101.863 -0.969
201703 4.462 102.862 5.716
201706 -6.076 103.349 -7.747
201709 1.957 104.136 2.476
201712 7.758 104.011 9.829
201803 -21.640 105.290 -27.084
201806 -0.018 106.317 -0.022
201809 -12.038 106.507 -14.894
201812 15.896 105.998 19.762
201903 3.278 107.251 4.028
201906 -4.302 108.070 -5.246
201909 -21.191 108.329 -25.778
201912 15.494 108.420 18.832
202003 7.067 108.902 8.551
202006 -1.907 108.767 -2.310
202009 16.151 109.815 19.381
202012 0.400 109.897 0.480
202103 12.858 111.754 15.162
202106 -12.049 114.631 -13.851
202109 0.294 115.734 0.335
202112 -20.364 117.630 -22.813
202203 29.086 121.301 31.598
202206 -21.202 125.017 -22.348
202209 -11.815 125.227 -12.433
202212 31.014 125.222 32.637
202303 13.050 127.348 13.504
202306 15.935 128.729 16.312
202309 13.689 129.860 13.891
202312 -7.766 129.419 -7.907
202403 3.470 131.776 3.470

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


International Steels  (KAR:ISL) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=85.07/6.77
=12.57

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of International Steels was 13.65. The lowest was 7.52. And the median was 11.81.


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.


International Steels Cyclically Adjusted FCF per Share Related Terms

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


International Steels (KAR:ISL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
10 Beaumont Road, 101 Beaumont Plaza, Civil Lines, Karachi, SD, PAK, 75530
International Steels Ltd manufactures steel products. The company produces cold-rolled, sheet, and hot-dipped galvanized sheet steels. It serves industries like construction, appliances, automotive, agricultural implements, and packaging. Geographically, it derives a majority of revenue from Domestic sales.

International Steels (KAR:ISL) Headlines