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2S Metal PCL (BKK:2S) Cyclically Adjusted FCF per Share : ฿0.37 (As of Mar. 2024)


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What is 2S Metal PCL 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.

2S Metal PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿-0.125. 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 ฿0.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, 2S Metal PCL's average Cyclically Adjusted FCF Growth Rate was 12.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 26.00% 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 2S Metal PCL was 41.50% per year. The lowest was 26.00% per year. And the median was 33.75% per year.

As of today (2024-06-09), 2S Metal PCL's current stock price is ฿3.06. 2S Metal PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿0.37. 2S Metal PCL's Cyclically Adjusted Price-to-FCF of today is 8.27.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of 2S Metal PCL was 50.00. The lowest was 7.40. And the median was 18.10.


2S Metal PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for 2S Metal PCL'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.

2S Metal PCL Cyclically Adjusted FCF per Share Chart

2S Metal PCL 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 0.12 0.17 0.25 0.34 0.34

2S Metal PCL 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 0.33 0.34 0.40 0.34 0.37

Competitive Comparison of 2S Metal PCL's Cyclically Adjusted FCF per Share

For the Steel subindustry, 2S Metal PCL'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.


2S Metal PCL's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, 2S Metal PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where 2S Metal PCL's Cyclically Adjusted Price-to-FCF falls into.



2S Metal PCL 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, 2S Metal PCL'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)
=-0.125/131.7762*131.7762
=-0.125

Current CPI (Mar. 2024) = 131.7762.

2S Metal PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.248 100.560 0.325
201409 -0.190 100.428 -0.249
201412 0.202 99.070 0.269
201503 0.211 99.621 0.279
201506 -0.282 100.684 -0.369
201509 0.245 100.392 0.322
201512 0.205 99.792 0.271
201603 0.204 100.470 0.268
201606 -0.023 101.688 -0.030
201609 -0.023 101.861 -0.030
201612 -0.442 101.863 -0.572
201703 0.193 102.862 0.247
201706 0.312 103.349 0.398
201709 -0.486 104.136 -0.615
201712 0.193 104.011 0.245
201803 0.106 105.290 0.133
201806 0.290 106.317 0.359
201809 -0.160 106.507 -0.198
201812 -0.041 105.998 -0.051
201903 0.495 107.251 0.608
201906 0.099 108.070 0.121
201909 -0.617 108.329 -0.751
201912 0.539 108.420 0.655
202003 0.054 108.902 0.065
202006 0.290 108.767 0.351
202009 -0.167 109.815 -0.200
202012 0.201 109.897 0.241
202103 0.265 111.754 0.312
202106 -0.041 114.631 -0.047
202109 0.478 115.734 0.544
202112 0.278 117.630 0.311
202203 0.472 121.301 0.513
202206 -0.839 125.017 -0.884
202209 1.061 125.227 1.116
202212 -0.278 125.222 -0.293
202303 0.045 127.348 0.047
202306 0.606 128.729 0.620
202309 -0.227 129.860 -0.230
202312 -0.314 129.419 -0.320
202403 -0.125 131.776 -0.125

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


2S Metal PCL  (BKK:2S) 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.

2S Metal PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3.06/0.37
=8.27

* 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 2S Metal PCL was 50.00. The lowest was 7.40. And the median was 18.10.


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.


2S Metal PCL Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of 2S Metal PCL's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


2S Metal PCL (BKK:2S) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » 2S Metal PCL (BKK:2S) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
N/A
Address
8/5 Moo 14, Tambon Thachang, Amphur Bangklam, Songkhla, THA, 90110
2S Metal PCL is engaged in the manufacture, distribution, and trade of steel products. The company trade-in includes Steel, Steel pipes, Steel plate, Light lip channel, and Steel wire mesh. It has two operating segments, namely Production and distribution of steel products and Trading of steel products including raw material. The company generates a majority of its revenue from the Production and distribution of steel products segment.

2S Metal PCL (BKK:2S) Headlines

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