GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Aisha Steel Mills Ltd (KAR:ASL) » Definitions » Cyclically Adjusted FCF per Share

Aisha Steel Mills (KAR:ASL) Cyclically Adjusted FCF per Share : ₨-3.58 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Aisha Steel Mills 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.

Aisha Steel Mills's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₨-0.453. 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 ₨-3.58 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.

As of today (2024-06-01), Aisha Steel Mills's current stock price is ₨8.18. Aisha Steel Mills's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₨-3.58. Aisha Steel Mills's Cyclically Adjusted Price-to-FCF of today is .


Aisha Steel Mills Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Aisha Steel Mills'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.

Aisha Steel Mills Cyclically Adjusted FCF per Share Chart

Aisha Steel Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -3.33

Aisha Steel Mills 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 -3.60 -3.33 -2.99 -3.27 -3.58

Competitive Comparison of Aisha Steel Mills's Cyclically Adjusted FCF per Share

For the Steel subindustry, Aisha Steel Mills'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.


Aisha Steel Mills's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

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



Aisha Steel Mills 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, Aisha Steel Mills'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)
=-0.453/131.7762*131.7762
=-0.453

Current CPI (Mar. 2024) = 131.7762.

Aisha Steel Mills Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -4.098 100.560 -5.370
201409 -3.730 100.428 -4.894
201412 -3.368 99.070 -4.480
201503 -1.579 99.621 -2.089
201506 2.049 100.684 2.682
201509 -2.440 100.392 -3.203
201512 1.337 99.792 1.766
201603 1.126 100.470 1.477
201606 -0.282 101.688 -0.365
201609 -2.218 101.861 -2.869
201612 -0.315 101.863 -0.408
201703 1.845 102.862 2.364
201706 1.198 103.349 1.528
201709 -1.858 104.136 -2.351
201712 -1.211 104.011 -1.534
201803 -0.507 105.290 -0.635
201806 -0.683 106.317 -0.847
201809 -6.221 106.507 -7.697
201812 -6.859 105.998 -8.527
201903 -2.639 107.251 -3.242
201906 0.158 108.070 0.193
201909 -0.092 108.329 -0.112
201912 2.802 108.420 3.406
202003 7.002 108.902 8.473
202006 -5.915 108.767 -7.166
202009 4.776 109.815 5.731
202012 0.301 109.897 0.361
202103 2.668 111.754 3.146
202106 -2.331 114.631 -2.680
202109 -1.414 115.734 -1.610
202112 -14.729 117.630 -16.500
202203 15.555 121.301 16.898
202206 -8.069 125.017 -8.505
202209 0.566 125.227 0.596
202212 -0.813 125.222 -0.856
202303 -0.290 127.348 -0.300
202306 2.180 128.729 2.232
202309 2.606 129.860 2.644
202312 -2.510 129.419 -2.556
202403 -0.453 131.776 -0.453

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


Aisha Steel Mills  (KAR:ASL) 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.


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.


Aisha Steel Mills Cyclically Adjusted FCF per Share Related Terms

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


Aisha Steel Mills (KAR:ASL) Business Description

Industry
Traded in Other Exchanges
Address
23 M.T. Khan Road, 1st Floor, Arif Habib Center, Karachi, SD, PAK, 74000
Aisha Steel Mills Ltd is involved in manufacturing and selling cold rolled steel coils and sheets to the industrial, engineering, and manufacturing industries in Pakistan. Its product offerings include hot-dipped galvanized steel coils, cold-rolled steel coils, and others. The company geographically operates in Pakistan, North America, Middle East, Europe, Asia and Africa. The majority of revenue is derived from Pakistan.

Aisha Steel Mills (KAR:ASL) Headlines

No Headlines