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TMT Steel Public Co (BKK:TMT) Cyclically Adjusted FCF per Share : ฿0.27 (As of Mar. 2024)


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What is TMT Steel Public Co 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.

TMT Steel Public Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿0.212. 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 ฿0.27 for the trailing ten years ended in Mar. 2024.

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 TMT Steel Public Co was 23.70% per year. The lowest was 10.10% per year. And the median was 16.90% per year.

As of today (2024-06-05), TMT Steel Public Co's current stock price is ฿5.20. TMT Steel Public Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿0.27. TMT Steel Public Co's Cyclically Adjusted Price-to-FCF of today is 19.26.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of TMT Steel Public Co was 173.00. The lowest was 19.14. And the median was 33.86.


TMT Steel Public Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for TMT Steel Public Co'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.

TMT Steel Public Co Cyclically Adjusted FCF per Share Chart

TMT Steel Public Co 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 -0.02 -0.04 -0.08 0.22 0.29

TMT Steel Public Co 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 0.27 0.33 0.26 0.29 0.27

Competitive Comparison of TMT Steel Public Co's Cyclically Adjusted FCF per Share

For the Steel subindustry, TMT Steel Public Co'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.


TMT Steel Public Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, TMT Steel Public Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where TMT Steel Public Co's Cyclically Adjusted Price-to-FCF falls into.



TMT Steel Public Co 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, TMT Steel Public Co'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)
=0.212/131.7762*131.7762
=0.212

Current CPI (Mar. 2024) = 131.7762.

TMT Steel Public Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.603 100.560 0.790
201409 0.055 100.428 0.072
201412 0.045 99.070 0.060
201503 0.107 99.621 0.142
201506 -0.165 100.684 -0.216
201509 0.731 100.392 0.960
201512 0.480 99.792 0.634
201603 -0.178 100.470 -0.233
201606 0.037 101.688 0.048
201609 -0.559 101.861 -0.723
201612 -0.020 101.863 -0.026
201703 0.119 102.862 0.152
201706 -0.205 103.349 -0.261
201709 -0.151 104.136 -0.191
201712 -0.010 104.011 -0.013
201803 -0.605 105.290 -0.757
201806 -0.348 106.317 -0.431
201809 -0.181 106.507 -0.224
201812 0.824 105.998 1.024
201903 -0.547 107.251 -0.672
201906 -0.099 108.070 -0.121
201909 -0.167 108.329 -0.203
201912 1.311 108.420 1.593
202003 0.091 108.902 0.110
202006 0.626 108.767 0.758
202009 -0.021 109.815 -0.025
202012 -0.708 109.897 -0.849
202103 -0.194 111.754 -0.229
202106 -0.291 114.631 -0.335
202109 -0.553 115.734 -0.630
202112 0.413 117.630 0.463
202203 0.108 121.301 0.117
202206 -0.556 125.017 -0.586
202209 2.059 125.227 2.167
202212 -0.011 125.222 -0.012
202303 -0.343 127.348 -0.355
202306 0.732 128.729 0.749
202309 -1.075 129.860 -1.091
202312 0.829 129.419 0.844
202403 0.212 131.776 0.212

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


TMT Steel Public Co  (BKK:TMT) 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.

TMT Steel Public Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.20/0.27
=19.26

* 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 TMT Steel Public Co was 173.00. The lowest was 19.14. And the median was 33.86.


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.


TMT Steel Public Co Cyclically Adjusted FCF per Share Related Terms

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


TMT Steel Public Co (BKK:TMT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
179 South Sathorn Road, 22nd Floor, Bangkok City Tower, Thungmahamek, Sathorn, Bangkok, THA, 10120
TMT Steel Public Co Ltd operates as a total steel solutions provider. It is engaged in fabricating and selling structural steel plates and sheets. The company offers flat products, including hot-rolled coils, hot-rolled plates and sheets, steel flat bars, and checkered plates; long products, such as hot and cold-formed structural steel sections; and steel tables. In addition, it also provides steel processing and cold-forming services. Geographically all the business activity functions through the region of Thailand.

TMT Steel Public Co (BKK:TMT) Headlines

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