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Alro (BSE:ALR) Cyclically Adjusted Price-to-FCF : 14.73 (As of Jun. 08, 2024)


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What is Alro Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Alro's current share price is lei1.62. Alro's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was lei0.11. Alro's Cyclically Adjusted Price-to-FCF for today is 14.73.

The historical rank and industry rank for Alro's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSE:ALR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.42   Med: 15.83   Max: 20.5
Current: 15.38

During the past years, Alro's highest Cyclically Adjusted Price-to-FCF was 20.50. The lowest was 12.42. And the median was 15.83.

BSE:ALR's Cyclically Adjusted Price-to-FCF is ranked better than
63.86% of 249 companies
in the Metals & Mining industry
Industry Median: 20.97 vs BSE:ALR: 15.38

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.

Alro's adjusted free cash flow per share data for the three months ended in Mar. 2024 was lei0.149. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is lei0.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alro Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alro's Cyclically Adjusted Price-to-FCF 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.

Alro Cyclically Adjusted Price-to-FCF Chart

Alro Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 17.86

Alro Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 - 20.14 12.61 17.86 13.45

Competitive Comparison of Alro's Cyclically Adjusted Price-to-FCF

For the Aluminum subindustry, Alro'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.


Alro's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alro's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Alro Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Alro's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.62/0.11
=14.73

* 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.

Alro's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Alro'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)
=0.149/131.7762*131.7762
=0.149

Current CPI (Mar. 2024) = 131.7762.

Alro Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201112 0.000 95.213 0.000
201206 0.000 96.819 0.000
201212 0.000 96.871 0.000
201306 0.000 98.518 0.000
201312 0.000 98.326 0.000
201406 0.000 100.560 0.000
201412 0.000 99.070 0.000
201506 0.000 100.684 0.000
201512 0.000 99.792 0.000
201606 0.000 101.688 0.000
201612 0.000 101.863 0.000
201703 0.108 102.862 0.138
201706 0.139 103.349 0.177
201709 0.024 104.136 0.030
201712 0.046 104.011 0.058
201803 0.036 105.290 0.045
201806 0.069 106.317 0.086
201809 -0.024 106.507 -0.030
201812 -0.044 105.998 -0.055
201903 0.024 107.251 0.029
201906 0.133 108.070 0.162
201909 -0.178 108.329 -0.217
201912 -0.065 108.420 -0.079
202003 0.095 108.902 0.115
202006 0.039 108.767 0.047
202009 0.300 109.815 0.360
202012 -0.091 109.897 -0.109
202103 -0.008 111.754 -0.009
202106 0.000 114.631 0.000
202109 -0.069 115.734 -0.079
202112 0.208 117.630 0.233
202203 -0.475 121.301 -0.516
202206 -0.098 125.017 -0.103
202209 0.131 125.227 0.138
202212 0.377 125.222 0.397
202303 -0.054 127.348 -0.056
202306 -0.239 128.729 -0.245
202309 0.290 129.860 0.294
202312 -0.217 129.419 -0.221
202403 0.149 131.776 0.149

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


Alro  (BSE:ALR) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Alro Cyclically Adjusted Price-to-FCF Related Terms

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


Alro (BSE:ALR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
116, Pitesti Street, Olt County, Slatina, ROU, 230048
Alro SA is an aluminum producer. The company organizes its operations into four segments: Bauxite, Alumina, Primary Aluminium, and Processed Aluminium. The Bauxite segment is operating in Sierra Leone (Africa) and consists of SMHL, GAL and BML. The Alumina segment uses bauxite to produce alumina, the main raw material for electrolytic aluminium production. The Primary Aluminium segment, which mainly includes the anodes section, electrolysis section, the Casting House and Aluminium Eco Recycling Facility sections, manufactures and sells products like wire, rod, slabs and occasionally ingots. The Processed Aluminium segment, which includes Alro's Processed Aluminium section and Vimetco Extrusion, produces and sells sheets, coils, plates, and extruded products.

Alro (BSE:ALR) Headlines