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Tesmec SpA (Tesmec SpA) Cyclically Adjusted FCF per Share : $-0.06 (As of Mar. 2024)


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What is Tesmec SpA 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.

Tesmec SpA's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.033. 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 $-0.06 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -7.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -19.10% 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 Tesmec SpA was -7.70% per year. The lowest was -26.00% per year. And the median was -18.60% per year.

As of today (2024-06-10), Tesmec SpA's current stock price is $0.11. Tesmec SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-0.06. Tesmec SpA's Cyclically Adjusted Price-to-FCF of today is .


Tesmec SpA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Tesmec SpA'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.

Tesmec SpA Cyclically Adjusted FCF per Share Chart

Tesmec SpA 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 - - - - -0.06

Tesmec SpA 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 - - - -0.06 -0.06

Competitive Comparison of Tesmec SpA's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Tesmec SpA'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.


Tesmec SpA's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Tesmec SpA 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, Tesmec SpA'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)
=-0.033/120.2000*120.2000
=-0.033

Current CPI (Mar. 2024) = 120.2000.

Tesmec SpA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.032 100.093 0.038
201409 -0.057 99.814 -0.069
201412 0.047 99.721 0.057
201503 -0.025 99.814 -0.030
201506 0.006 100.279 0.007
201509 0.015 100.000 0.018
201512 -0.013 99.814 -0.016
201603 -0.120 99.600 -0.145
201606 0.033 99.900 0.040
201609 -0.053 100.100 -0.064
201612 -0.020 100.300 -0.024
201703 -0.004 101.000 -0.005
201706 0.009 101.100 0.011
201709 -0.017 101.200 -0.020
201712 0.040 101.200 0.048
201803 -0.078 101.800 -0.092
201806 0.024 102.400 0.028
201809 -0.018 102.600 -0.021
201812 0.088 102.300 0.103
201903 -0.199 102.800 -0.233
201906 0.097 103.100 0.113
201909 -0.021 102.900 -0.025
201912 -0.015 102.800 -0.018
202003 -0.032 102.900 -0.037
202006 -0.112 102.900 -0.131
202009 0.064 102.300 0.075
202012 0.025 102.600 0.029
202103 -0.040 103.700 -0.046
202106 0.011 104.200 0.013
202109 -0.009 104.900 -0.010
202112 -0.012 106.600 -0.014
202203 -0.007 110.400 -0.008
202206 -0.024 112.500 -0.026
202209 0.010 114.200 0.011
202212 0.006 119.000 0.006
202303 -0.023 118.800 -0.023
202306 -0.022 119.700 -0.022
202309 -0.007 120.300 -0.007
202312 -0.002 119.700 -0.002
202403 -0.033 120.200 -0.033

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


Tesmec SpA  (OTCPK:TSMCF) 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.


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.


Tesmec SpA Cyclically Adjusted FCF per Share Related Terms

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


Tesmec SpA (Tesmec SpA) Business Description

Industry
Traded in Other Exchanges
Address
Via Zanica 17/O, Grassobbio, Bergamo, ITA, 24050
Tesmec SpA manufactures and sells products, technologies, and integrated solutions for the construction, maintenance, and efficiency of infrastructures. related to the transport and distribution of energy, data, and material (oil and derivatives, gas, water) like overhead and underground networks, traditional and high-speed railway lines, energy cables, and pipelines. Its operating segments are the Energy segment, the Trencher segment, and the Rail segment. The majority of the company's revenue is generated from the Trencher segment.

Tesmec SpA (Tesmec SpA) Headlines

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