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Troax Group AB (OSTO:TROAX) Cyclically Adjusted Price-to-FCF : 43.38 (As of Jun. 11, 2024)


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What is Troax Group AB Cyclically Adjusted Price-to-FCF?

As of today (2024-06-11), Troax Group AB's current share price is kr249.00. Troax Group AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr5.74. Troax Group AB's Cyclically Adjusted Price-to-FCF for today is 43.38.

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

OSTO:TROAX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 26.31   Med: 37.53   Max: 44.43
Current: 43.56

During the past years, Troax Group AB's highest Cyclically Adjusted Price-to-FCF was 44.43. The lowest was 26.31. And the median was 37.53.

OSTO:TROAX's Cyclically Adjusted Price-to-FCF is ranked worse than
62.66% of 1031 companies
in the Industrial Products industry
Industry Median: 31.99 vs OSTO:TROAX: 43.56

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.

Troax Group AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr0.773. 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 kr5.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Troax Group AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Troax Group AB'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.

Troax Group AB Cyclically Adjusted Price-to-FCF Chart

Troax Group AB 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 - - - - 40.45

Troax Group AB 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 39.66 37.50 26.65 40.45 42.90

Competitive Comparison of Troax Group AB's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Troax Group AB'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.


Troax Group AB's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Troax Group AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Troax Group AB 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.

Troax Group AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=249.00/5.74
=43.38

* 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.

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

For example, Troax Group AB'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)
=0.773/132.2054*132.2054
=0.773

Current CPI (Mar. 2024) = 132.2054.

Troax Group AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.328 100.432 0.432
201409 1.149 100.161 1.517
201412 0.093 100.225 0.123
201503 0.447 99.950 0.591
201506 0.325 99.995 0.430
201509 0.657 100.228 0.867
201512 0.613 100.276 0.808
201603 0.310 100.751 0.407
201606 0.575 101.019 0.753
201609 0.543 101.138 0.710
201612 1.142 102.022 1.480
201703 0.810 102.022 1.050
201706 0.163 102.752 0.210
201709 0.971 103.279 1.243
201712 1.270 103.793 1.618
201803 0.948 103.962 1.206
201806 0.754 104.875 0.950
201809 1.547 105.679 1.935
201812 1.253 105.912 1.564
201903 0.753 105.886 0.940
201906 0.921 106.742 1.141
201909 1.461 107.214 1.802
201912 2.045 107.766 2.509
202003 0.290 106.563 0.360
202006 1.678 107.498 2.064
202009 1.252 107.635 1.538
202012 1.338 108.296 1.633
202103 0.509 108.360 0.621
202106 1.585 108.928 1.924
202109 1.695 110.338 2.031
202112 1.694 112.486 1.991
202203 0.404 114.825 0.465
202206 0.955 118.384 1.067
202209 3.997 122.296 4.321
202212 3.472 126.365 3.632
202303 1.589 127.042 1.654
202306 2.703 129.407 2.761
202309 2.465 130.224 2.503
202312 3.759 131.912 3.767
202403 0.773 132.205 0.773

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.


Troax Group AB  (OSTO:TROAX) 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.


Troax Group AB Cyclically Adjusted Price-to-FCF Related Terms

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


Troax Group AB (OSTO:TROAX) Business Description

Traded in Other Exchanges
Address
P.O. Box 89, Hillerstorp, SWE, SE-335 04
Troax Group AB focuses on three business areas namely Property Protection; Machine Guarding and Warehouse Partitioning. It generates maximum revenue from the Machine Guarding business. The Group's net sales are divided into the following five geographical areas: The Nordic region, the UK, Continental Europe, North America, and New markets, it derives a majority of revenue from the Continental Europe region. Sales and installation mainly take place via own sales companies in Europe, the USA, and China, & via a small number of agents. Machine Guarding comprises Troax's standardised protection solutions for robot cells and automation solutions. The solutions comprise everything from individual mesh panels to complete installations of safety doors and locks equipped with circuit breakers.

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