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Universal Stainless & Alloy Products (Universal Stainless & Alloy Products) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Universal Stainless & Alloy Products Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Universal Stainless & Alloy Products Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Universal Stainless & Alloy Products'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.

Universal Stainless & Alloy Products Cyclically Adjusted Price-to-FCF Chart

Universal Stainless & Alloy Products Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Universal Stainless & Alloy Products Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Universal Stainless & Alloy Products's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Universal Stainless & Alloy Products'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.


Universal Stainless & Alloy Products's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Universal Stainless & Alloy Products's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Universal Stainless & Alloy Products's Cyclically Adjusted Price-to-FCF falls into.



Universal Stainless & Alloy Products 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.

Universal Stainless & Alloy Products's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Universal Stainless & Alloy Products's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.434/129.4194*129.4194
=0.434

Current CPI (Dec. 2023) = 129.4194.

Universal Stainless & Alloy Products Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.125 99.695 0.162
201406 -0.551 100.560 -0.709
201409 0.164 100.428 0.211
201412 0.494 99.070 0.645
201503 -0.714 99.621 -0.928
201506 -0.125 100.684 -0.161
201509 1.428 100.392 1.841
201512 0.771 99.792 1.000
201603 0.101 100.470 0.130
201606 0.598 101.688 0.761
201609 0.049 101.861 0.062
201612 -0.188 101.863 -0.239
201703 -0.195 102.862 -0.245
201706 -0.445 103.349 -0.557
201709 0.117 104.136 0.145
201712 -0.390 104.011 -0.485
201803 -1.980 105.290 -2.434
201806 1.040 106.317 1.266
201809 -0.675 106.507 -0.820
201812 1.541 105.998 1.882
201903 -2.641 107.251 -3.187
201906 -0.188 108.070 -0.225
201909 0.302 108.329 0.361
201912 0.070 108.420 0.084
202003 -1.342 108.902 -1.595
202006 0.474 108.767 0.564
202009 1.332 109.815 1.570
202012 1.192 109.897 1.404
202103 -0.120 111.754 -0.139
202106 -0.193 114.631 -0.218
202109 -0.947 115.734 -1.059
202112 -1.982 117.630 -2.181
202203 -0.726 121.301 -0.775
202206 -0.892 125.017 -0.923
202209 -0.311 125.227 -0.321
202212 -0.416 125.222 -0.430
202303 -0.110 127.348 -0.112
202306 0.565 128.729 0.568
202309 0.418 129.860 0.417
202312 0.434 129.419 0.434

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.


Universal Stainless & Alloy Products  (NAS:USAP) 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.


Universal Stainless & Alloy Products Cyclically Adjusted Price-to-FCF Related Terms

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


Universal Stainless & Alloy Products (Universal Stainless & Alloy Products) Business Description

Traded in Other Exchanges
Address
600 Mayer Street, Bridgeville, PA, USA, 15017
Universal Stainless & Alloy Products Inc manufactures and markets semi-finished and finished specialty steel products, including stainless steel, nickel alloys, tool steel, and certain other alloyed steels. The company along with its subsidiaries involves melting, remelting, heat treating, hot and cold rolling, forging, machining and cold drawing of semi-finished and finished specialty steels.
Executives
Udi Toledano director 51 DUFFIELD DRIVE, S. ORANGE NJ 07079
M. David Kornblatt director 1214 ROUND HILL ROAD, BRYN MAWR PA 19010
Judith L Bacchus director 525 WILLIAM PENN PLACE, 33RD FLOOR, PITTSBURGH PA 15219
Christopher L Ayers director 5626 MISSION DRIVE, MISSION HILL KS 66208
Dennis M Oates director, officer: Chairman, President and CEO 600 MAYER STREET, BRIDGEVILLE PA 15017
Steven Ditommaso officer: VP and CFO 600 MAYER STREET, BRIDGEVILLE PA 15017
Wendel Crosby officer: Vice President of Manufacturin 600 MAYER STREET, BRIDGEVILLE PA 15017
Christopher M Zimmer officer: Exec. V. P. & CCO 600 MAYER STREET, BRIDGEVILLE PA 15017
John Arminas officer: VP, Gen. Counsel & Secretary 600 MAYER STREET, BRIDGEVILLE PA 15017
Christopher Thomas Scanlon officer: VP Finance, Treasurer & CFO 415 HOLIDAY DRIVE, PITTSBURGH PA 15520
Graham Mcintosh officer: V. P. Technology & Chief Techn 600 MAYER STREET, BRIDGEVILLE PA 15017
Alyssa H Snider officer: VP & CHRO 600 MAYER STREET, BRIDGEVILLE PA 15017
Paul A Mcgrath officer: V.P. Admin., General Counsel 600 MAYER STREET, BRIDGEVILLE PA 15017
Ross C Wilkin officer: V.P. Finance, CFO & Treasurer 600 MAYER STREET, BRIDGEVILLE PA 15017
Larry J Pollock officer: Exec. V.P. & CMO 600 MAYER STREET, BRIDGEVILLE PA 15017

Universal Stainless & Alloy Products (Universal Stainless & Alloy Products) Headlines