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Taurus Armas (BSP:TASA4) Cyclically Adjusted Price-to-FCF : 4.84 (As of Jun. 08, 2024)


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What is Taurus Armas Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Taurus Armas's current share price is R$10.88. Taurus Armas's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$2.25. Taurus Armas's Cyclically Adjusted Price-to-FCF for today is 4.84.

The historical rank and industry rank for Taurus Armas's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:TASA4' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.06   Med: 6.25   Max: 6.87
Current: 5.07

During the past years, Taurus Armas's highest Cyclically Adjusted Price-to-FCF was 6.87. The lowest was 5.06. And the median was 6.25.

BSP:TASA4's Cyclically Adjusted Price-to-FCF is ranked better than
96.26% of 107 companies
in the Aerospace & Defense industry
Industry Median: 35.41 vs BSP:TASA4: 5.07

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.

Taurus Armas's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$0.612. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is R$2.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taurus Armas Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Taurus Armas'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.

Taurus Armas Cyclically Adjusted Price-to-FCF Chart

Taurus Armas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 6.76

Taurus Armas Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 - - - 6.76 5.99

Competitive Comparison of Taurus Armas's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Taurus Armas'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.


Taurus Armas's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Taurus Armas's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Taurus Armas's Cyclically Adjusted Price-to-FCF falls into.



Taurus Armas 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.

Taurus Armas's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.88/2.25
=4.84

* 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.

Taurus Armas's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Taurus Armas'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)
=0.612/159.3724*159.3724
=0.612

Current CPI (Mar. 2024) = 159.3724.

Taurus Armas Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.089 91.838 -0.154
201409 -0.032 92.602 -0.055
201412 3.714 94.194 6.284
201503 -2.454 97.799 -3.999
201506 2.047 100.006 3.262
201509 0.142 101.392 0.223
201512 0.836 104.247 1.278
201603 0.632 106.979 0.942
201606 -0.037 108.851 -0.054
201609 -0.245 109.986 -0.355
201612 -0.447 110.802 -0.643
201703 -0.127 111.869 -0.181
201706 -0.008 112.115 -0.011
201709 0.052 112.777 0.073
201712 0.302 114.068 0.422
201803 0.908 114.868 1.260
201806 -0.302 117.038 -0.411
201809 -0.383 117.881 -0.518
201812 0.009 118.340 0.012
201903 0.260 120.124 0.345
201906 0.091 120.977 0.120
201909 0.085 121.292 0.112
201912 0.048 123.436 0.062
202003 0.745 124.092 0.957
202006 1.300 123.557 1.677
202009 0.331 125.095 0.422
202012 1.552 129.012 1.917
202103 1.799 131.660 2.178
202106 -0.266 133.871 -0.317
202109 0.509 137.913 0.588
202112 1.517 141.992 1.703
202203 0.709 146.537 0.771
202206 1.090 149.784 1.160
202209 0.552 147.800 0.595
202212 1.560 150.207 1.655
202303 0.368 153.352 0.382
202306 0.068 154.519 0.070
202309 -0.567 155.464 -0.581
202312 1.138 157.148 1.154
202403 0.612 159.372 0.612

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.


Taurus Armas  (BSP:TASA4) 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.


Taurus Armas Cyclically Adjusted Price-to-FCF Related Terms

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


Taurus Armas (BSP:TASA4) Business Description

Traded in Other Exchanges
Address
Avenida Sao Borja, Floor 2181, Building A - Fazenda Sao Borja, Sao Leopoldo, RS, BRA, 93035-411
Taurus Armas SA is a company engaged in the manufacturing of small firearms. The company operates in three segments: Firearms; Helmets; and Others, with industrial plants in the Rio Grande do Su, Brazil, and Miami, Florida, United States. The Firearms segment, which is the key revenue driver, includes handguns, long guns, and sub-machine guns.

Taurus Armas (BSP:TASA4) Headlines

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