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Kaiser Aluminum (Kaiser Aluminum) Cyclically Adjusted Price-to-FCF : 19.68 (As of Jun. 05, 2024)


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What is Kaiser Aluminum Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), Kaiser Aluminum's current share price is $91.71. Kaiser Aluminum's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $4.66. Kaiser Aluminum's Cyclically Adjusted Price-to-FCF for today is 19.68.

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

KALU' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.38   Med: 30.7   Max: 85.19
Current: 19.74

During the past years, Kaiser Aluminum's highest Cyclically Adjusted Price-to-FCF was 85.19. The lowest was 11.38. And the median was 30.70.

KALU's Cyclically Adjusted Price-to-FCF is ranked better than
50.8% of 250 companies
in the Metals & Mining industry
Industry Median: 21.19 vs KALU: 19.74

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.

Kaiser Aluminum's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $2.052. 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 $4.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kaiser Aluminum Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kaiser Aluminum'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.

Kaiser Aluminum Cyclically Adjusted Price-to-FCF Chart

Kaiser Aluminum 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 27.13 19.75 16.11 18.13 15.96

Kaiser Aluminum 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 19.14 18.24 18.16 15.96 19.16

Competitive Comparison of Kaiser Aluminum's Cyclically Adjusted Price-to-FCF

For the Aluminum subindustry, Kaiser Aluminum'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.


Kaiser Aluminum's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Kaiser Aluminum's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kaiser Aluminum 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=91.71/4.66
=19.68

* 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.

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

For example, Kaiser Aluminum'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)
=2.052/131.7762*131.7762
=2.052

Current CPI (Mar. 2024) = 131.7762.

Kaiser Aluminum Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.598 100.560 2.094
201409 1.230 100.428 1.614
201412 0.032 99.070 0.043
201503 -0.225 99.621 -0.298
201506 1.611 100.684 2.108
201509 2.482 100.392 3.258
201512 1.511 99.792 1.995
201603 -0.253 100.470 -0.332
201606 1.896 101.688 2.457
201609 1.106 101.861 1.431
201612 2.234 101.863 2.890
201703 -0.608 102.862 -0.779
201706 2.564 103.349 3.269
201709 2.448 104.136 3.098
201712 -0.555 104.011 -0.703
201803 0.376 105.290 0.471
201806 2.473 106.317 3.065
201809 0.667 106.507 0.825
201812 0.991 105.998 1.232
201903 0.562 107.251 0.691
201906 1.933 108.070 2.357
201909 4.502 108.329 5.476
201912 3.657 108.420 4.445
202003 1.955 108.902 2.366
202006 2.015 108.767 2.441
202009 3.177 109.815 3.812
202012 2.604 109.897 3.122
202103 -1.282 111.754 -1.512
202106 0.467 114.631 0.537
202109 1.041 115.734 1.185
202112 1.136 117.630 1.273
202203 -1.677 121.301 -1.822
202206 -0.730 125.017 -0.769
202209 -6.395 125.227 -6.729
202212 -4.054 125.222 -4.266
202303 -3.815 127.348 -3.948
202306 1.654 128.729 1.693
202309 3.244 129.860 3.292
202312 3.155 129.419 3.212
202403 2.052 131.776 2.052

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.


Kaiser Aluminum  (NAS:KALU) 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.


Kaiser Aluminum Cyclically Adjusted Price-to-FCF Related Terms

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


Kaiser Aluminum (Kaiser Aluminum) Business Description

Traded in Other Exchanges
Address
1550 West McEwen Drive, Suite 500, Franklin, TN, USA, 37067
Kaiser Aluminum Corp produces and sells semi-fabricated specialty aluminum products primarily to industrial customers. The company purchases primary and scrap aluminum, primarily from its five largest suppliers, and processes it into specialized value-added products. It hedges its aluminum costs in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. Kaiser produces high-strength aluminum products for the aerospace industry, specialized aluminum extrusions for the automotive industry, and also sells products to customers in the general engineering industry. Nearly all of Kaiser's revenue is generated in the US, with the remainder coming from Canada. The company's operations are also located in the U.S. and Canada.
Executives
Ray Parkinson officer: VP - Advanced Engineering 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610-2831
Teresa Mosley Sebastian director 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Vijai Narayan officer: VP and CAO 1550 WEST MCEWEN DRIVE, SUITE 500, FRANKLIN TN 37067
Kevin W Williams director 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Michael C Arnold director C/O RYERSON HOLDING CORPORATION, 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Donald J Stebbins director C/O WABCO HOLDINGS INC., ONE CENTENNIAL AVENUE, PISCATAWAY NJ 08855
Richard P. Grimley director 1550 WEST MCEWEN DRIVE, SUITE 500, FRANKLIN TN 37067
Brant Weaver officer: VP - Strategic Development 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Del L Miller officer: VP - Metal Strategy 27422 PORTOLA PARKWAY, STE. 200, FOOTHILL RANCH CA 92610-2831
Jennifer Huey officer: VP & Chief Accounting Officer 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Blain Tiffany officer: EVP - Sales & Marketing 3400 N. WOLF ROAD, FRANKLIN PARK IL 60131
Neal E West officer: VP & Chief Accounting Officer 7565 IRVINE CENTER DRIVE, IRVINE CA 92618
Jack A Hockema director, officer: President and CEO C/O KAISER ALUMINUM CORP, 27422 PORTOLA PARKWAY, SUITE 350, FOOTHILL RANCH CA 92610-2831
Leo Wilfred Gerard director 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Keith Harvey officer: SVP - Sales & Marketing 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610-2831

Kaiser Aluminum (Kaiser Aluminum) Headlines