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Metallus (FRA:ZS2) Cyclically Adjusted Price-to-FCF : 18.55 (As of Jun. 07, 2024)


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What is Metallus Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Metallus's current share price is €20.40. Metallus's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.10. Metallus's Cyclically Adjusted Price-to-FCF for today is 18.55.

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

FRA:ZS2' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.96   Med: 18.8   Max: 24.39
Current: 18.43

During the past years, Metallus's highest Cyclically Adjusted Price-to-FCF was 24.39. The lowest was 14.96. And the median was 18.80.

FRA:ZS2's Cyclically Adjusted Price-to-FCF is ranked worse than
61.28% of 266 companies
in the Steel industry
Industry Median: 13.295 vs FRA:ZS2: 18.43

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.

Metallus's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.315. 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 €1.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metallus Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Metallus'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.

Metallus Cyclically Adjusted Price-to-FCF Chart

Metallus 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 - - - 18.41 19.57

Metallus 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 18.39 21.77 22.06 19.57 18.26

Competitive Comparison of Metallus's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Metallus'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.


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

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

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



Metallus 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.40/1.1
=18.55

* 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.

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

For example, Metallus'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)
=0.315/131.7762*131.7762
=0.315

Current CPI (Mar. 2024) = 131.7762.

Metallus Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.365 100.560 -0.478
201409 -0.076 100.428 -0.100
201412 -0.375 99.070 -0.499
201503 -0.068 99.621 -0.090
201506 0.615 100.684 0.805
201509 -0.335 100.392 -0.440
201512 0.375 99.792 0.495
201603 0.236 100.470 0.310
201606 0.427 101.688 0.553
201609 -0.069 101.861 -0.089
201612 0.049 101.863 0.063
201703 -0.612 102.862 -0.784
201706 0.211 103.349 0.269
201709 -0.098 104.136 -0.124
201712 -0.025 104.011 -0.032
201803 -0.394 105.290 -0.493
201806 -0.331 106.317 -0.410
201809 -0.133 106.507 -0.165
201812 0.482 105.998 0.599
201903 -0.744 107.251 -0.914
201906 0.160 108.070 0.195
201909 0.659 108.329 0.802
201912 0.597 108.420 0.726
202003 1.228 108.902 1.486
202006 0.185 108.767 0.224
202009 0.711 109.815 0.853
202012 0.888 109.897 1.065
202103 0.164 111.754 0.193
202106 0.558 114.631 0.641
202109 0.793 115.734 0.903
202112 1.396 117.630 1.564
202203 0.115 121.301 0.125
202206 0.846 125.017 0.892
202209 0.902 125.227 0.949
202212 0.236 125.222 0.248
202303 -0.015 127.348 -0.016
202306 0.101 128.729 0.103
202309 0.207 129.860 0.210
202312 1.140 129.419 1.161
202403 0.315 131.776 0.315

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.


Metallus  (FRA:ZS2) 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.


Metallus Cyclically Adjusted Price-to-FCF Related Terms

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


Metallus (FRA:ZS2) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Metallus Inc (FRA:ZS2) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
1835 Dueber Avenue South West, Canton, OH, USA, 44706
TimkenSteel Corp is an America-based manufacturer of alloy steel, as well as carbon and micro-alloy steel. TimkenSteel's portfolio includes special bar quality steel, seamless mechanical tubes, and value-add solutions, such as precision steel components. The company also supplies machining and thermal treatment services and manages raw material recycling programs that work as a feeder system for its melt operations. The company's products and services are used in the following sectors: oil and gas; automotive; industrial equipment; mining; construction; rail; aerospace and defense; heavy truck; agriculture; and power generation. Geographically, the company mainly serves customers in the United States.

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