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Quanex Building Products (FRA:4Q2) Cyclically Adjusted FCF per Share : €2.04 (As of Apr. 2024)


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What is Quanex Building Products 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.

Quanex Building Products's adjusted free cash flow per share for the three months ended in Apr. 2024 was €0.718. 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 €2.04 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Quanex Building Products's average Cyclically Adjusted FCF Growth Rate was 16.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 21.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -4.60% 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 Quanex Building Products was 21.20% per year. The lowest was -26.50% per year. And the median was -8.80% per year.

As of today (2024-06-10), Quanex Building Products's current stock price is €28.20. Quanex Building Products's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2024 was €2.04. Quanex Building Products's Cyclically Adjusted Price-to-FCF of today is 13.82.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Quanex Building Products was 28.38. The lowest was 5.88. And the median was 15.45.


Quanex Building Products Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Quanex Building Products'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.

Quanex Building Products Cyclically Adjusted FCF per Share Chart

Quanex Building Products Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.94 1.05 1.52 1.81

Quanex Building Products Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 1.65 1.77 1.81 1.91 2.04

Competitive Comparison of Quanex Building Products's Cyclically Adjusted FCF per Share

For the Building Products & Equipment subindustry, Quanex Building 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.


Quanex Building Products's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Quanex Building Products's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Quanex Building Products 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, Quanex Building Products's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=0.718/131.7762*131.7762
=0.718

Current CPI (Apr. 2024) = 131.7762.

Quanex Building Products Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 0.202 100.520 0.265
201410 0.132 100.176 0.174
201501 -0.321 98.604 -0.429
201504 0.081 99.824 0.107
201507 0.418 100.691 0.547
201510 0.822 100.346 1.079
201601 -0.215 99.957 -0.283
201604 0.385 100.947 0.503
201607 0.426 101.524 0.553
201610 0.721 101.988 0.932
201701 -0.140 102.456 -0.180
201704 0.114 103.167 0.146
201707 0.501 103.278 0.639
201710 0.628 104.070 0.795
201801 0.009 104.578 0.011
201804 0.140 105.708 0.175
201807 0.511 106.324 0.633
201810 1.272 106.695 1.571
201901 -0.702 106.200 -0.871
201904 0.368 107.818 0.450
201907 0.698 108.250 0.850
201910 1.606 108.577 1.949
202001 -0.353 108.841 -0.427
202004 -0.024 108.173 -0.029
202007 1.082 109.318 1.304
202010 1.251 109.861 1.501
202101 -0.214 110.364 -0.256
202104 0.691 112.673 0.808
202107 0.308 115.183 0.352
202110 0.597 116.696 0.674
202201 -0.770 118.619 -0.855
202204 0.371 121.978 0.401
202207 1.364 125.002 1.438
202210 1.059 125.734 1.110
202301 -0.125 126.223 -0.130
202304 0.769 127.992 0.792
202307 1.558 128.974 1.592
202310 0.848 129.810 0.861
202401 -0.159 130.124 -0.161
202404 0.718 131.776 0.718

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


Quanex Building Products  (FRA:4Q2) 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.

Quanex Building Products's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=28.20/2.04
=13.82

* 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 Quanex Building Products was 28.38. The lowest was 5.88. And the median was 15.45.


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.


Quanex Building Products Cyclically Adjusted FCF per Share Related Terms

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


Quanex Building Products (FRA:4Q2) Business Description

Traded in Other Exchanges
Address
945 Bunker Hill Road, Suite 900, Houston, TX, USA, 77024
Quanex Building Products Corp is a manufacturer of components sold to original equipment manufacturers in the building products industry. It manufactures engineered products like window and door components that include flexible insulating glass spacers, extruded vinyl profiles, window and door screens, solar panel sealants and precision-formed metal and wood products among others. Its three operating segments are North American Fenestration being the key revenue driver, European Fenestration, and North American Cabinet Components. Geographically, it derives a majority of revenue from the United States.

Quanex Building Products (FRA:4Q2) Headlines

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