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Russel Metals (Russel Metals) Cyclically Adjusted FCF per Share : $2.57 (As of Mar. 2024)


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What is Russel Metals 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.

Russel Metals's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.264. 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 $2.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Russel Metals's average Cyclically Adjusted FCF Growth Rate was 12.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 21.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 18.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 7.60% 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 Russel Metals was 141.00% per year. The lowest was -10.10% per year. And the median was 9.60% per year.

As of today (2024-05-22), Russel Metals's current stock price is $28.60. Russel Metals's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.57. Russel Metals's Cyclically Adjusted Price-to-FCF of today is 11.13.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Russel Metals was 25.42. The lowest was 7.75. And the median was 12.98.


Russel Metals Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Russel Metals'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.

Russel Metals Cyclically Adjusted FCF per Share Chart

Russel Metals 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 1.21 1.55 1.92 2.25 2.68

Russel Metals 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 2.23 2.42 2.52 2.68 2.57

Competitive Comparison of Russel Metals's Cyclically Adjusted FCF per Share

For the Industrial Distribution subindustry, Russel Metals'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.


Russel Metals's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Russel Metals's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Russel Metals 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, Russel Metals'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)
=-0.264/126.2576*126.2576
=-0.264

Current CPI (Mar. 2024) = 126.2576.

Russel Metals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.363 99.473 -0.461
201409 -0.197 99.394 -0.250
201412 0.230 98.367 0.295
201503 -0.172 99.789 -0.218
201506 0.904 100.500 1.136
201509 1.136 100.421 1.428
201512 2.119 99.947 2.677
201603 0.564 101.054 0.705
201606 0.384 102.002 0.475
201609 0.356 101.765 0.442
201612 0.594 101.449 0.739
201703 -0.374 102.634 -0.460
201706 -0.319 103.029 -0.391
201709 -0.276 103.345 -0.337
201712 -0.327 103.345 -0.400
201803 -0.260 105.004 -0.313
201806 0.231 105.557 0.276
201809 -0.648 105.636 -0.774
201812 1.213 105.399 1.453
201903 -0.136 106.979 -0.161
201906 0.497 107.690 0.583
201909 0.671 107.611 0.787
201912 1.586 107.769 1.858
202003 0.703 107.927 0.822
202006 1.309 108.401 1.525
202009 0.909 108.164 1.061
202012 1.255 108.559 1.460
202103 1.146 110.298 1.312
202106 1.345 111.720 1.520
202109 1.234 112.905 1.380
202112 -0.192 113.774 -0.213
202203 0.430 117.646 0.461
202206 0.755 120.806 0.789
202209 0.373 120.648 0.390
202212 2.259 120.964 2.358
202303 0.623 122.702 0.641
202306 1.399 124.203 1.422
202309 1.200 125.230 1.210
202312 1.488 125.072 1.502
202403 -0.264 126.258 -0.264

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


Russel Metals  (OTCPK:RUSMF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=28.60/2.57
=11.13

* 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 Russel Metals was 25.42. The lowest was 7.75. And the median was 12.98.


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.


Russel Metals Cyclically Adjusted FCF per Share Related Terms

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


Russel Metals (Russel Metals) Business Description

Traded in Other Exchanges
Address
6600 Financial Drive, Mississauga, ON, CAN, L5N 7J6
Russel Metals Inc is a Canada-based metal distribution company. The company conducts business primarily through three metals distribution segments: metals service centers; energy products; and steel distributors. The metal service centers provide processing and distribution services to a broad base of end-users. The energy products segment distributes oil country tubular goods, line pipe, tubes, valves, and fittings, primarily to the energy industry in Western Canada and the U.S. The steel distributors segment acts as master distributors selling steel in large volumes to other steel service centers and equipment manufacturers mainly on an "as is" basis. The company generates all of its revenue from the North American market.

Russel Metals (Russel Metals) Headlines