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Tredegar (Tredegar) Cyclically Adjusted Price-to-FCF : 5.75 (As of May. 18, 2024)


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What is Tredegar Cyclically Adjusted Price-to-FCF?

As of today (2024-05-18), Tredegar's current share price is $5.35. Tredegar's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.93. Tredegar's Cyclically Adjusted Price-to-FCF for today is 5.75.

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

TG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.2   Med: 14.01   Max: 24.33
Current: 5.73

During the past years, Tredegar's highest Cyclically Adjusted Price-to-FCF was 24.33. The lowest was 4.20. And the median was 14.01.

TG's Cyclically Adjusted Price-to-FCF is ranked better than
95.75% of 1035 companies
in the Industrial Products industry
Industry Median: 33.57 vs TG: 5.73

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.

Tredegar's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.297. 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 $0.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tredegar Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tredegar'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.

Tredegar Cyclically Adjusted Price-to-FCF Chart

Tredegar 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 19.72 13.85 9.79 11.22 5.72

Tredegar 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 10.38 6.59 5.16 5.72 6.98

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

For the Metal Fabrication subindustry, Tredegar'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.


Tredegar's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Tredegar 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.35/0.93
=5.75

* 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.

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

For example, Tredegar'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)
=-0.297/131.7762*131.7762
=-0.297

Current CPI (Mar. 2024) = 131.7762.

Tredegar Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.183 100.560 -0.240
201409 0.330 100.428 0.433
201412 0.052 99.070 0.069
201503 0.139 99.621 0.184
201506 0.014 100.684 0.018
201509 0.152 100.392 0.200
201512 0.965 99.792 1.274
201603 -0.100 100.470 -0.131
201606 0.076 101.688 0.098
201609 0.134 101.861 0.173
201612 -0.007 101.863 -0.009
201703 -0.276 102.862 -0.354
201706 0.132 103.349 0.168
201709 0.637 104.136 0.806
201712 0.837 104.011 1.060
201803 0.302 105.290 0.378
201806 1.429 106.317 1.771
201809 0.322 106.507 0.398
201812 -0.329 105.998 -0.409
201903 -0.053 107.251 -0.065
201906 1.382 108.070 1.685
201909 0.146 108.329 0.178
201912 0.477 108.420 0.580
202003 0.307 108.902 0.371
202006 0.509 108.767 0.617
202009 0.767 109.815 0.920
202012 -0.057 109.897 -0.068
202103 0.137 111.754 0.162
202106 0.758 114.631 0.871
202109 0.051 115.734 0.058
202112 0.336 117.630 0.376
202203 -1.775 121.301 -1.928
202206 1.089 125.017 1.148
202209 -0.760 125.227 -0.800
202212 -0.267 125.222 -0.281
202303 -0.535 127.348 -0.554
202306 0.731 128.729 0.748
202309 0.443 129.860 0.450
202312 -0.712 129.419 -0.725
202403 -0.297 131.776 -0.297

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.


Tredegar  (NYSE:TG) 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.


Tredegar Cyclically Adjusted Price-to-FCF Related Terms

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


Tredegar (Tredegar) Business Description

Industry
Traded in Other Exchanges
Address
1100 Boulders Parkway, Richmond, VA, USA, 23225
Tredegar Corp through its subsidiaries engaged in the manufacture of Polyethylene Plastic films, Polyester Films, and Aluminum Extrusions. Polyethylene Plastic films manufacture plastic films, elastics and laminate materials which are utilized in personal care materials, surface protection films, and specialty and optical lighting applications. It operates through PE Films, Flexible Packaging Films, and Aluminum Extrusions segments. Aluminum Extrusions produce high-quality, soft-alloy and medium-strength aluminum use for building and construction, automotive, consumer durables, machinery and equipment, electrical and distribution markets. It generates revenue from the United States, Asia, and Brazil.
Executives
James T. Gottwald 10 percent owner 3600 RIVER ROAD WEST, GOOCHLAND VA 23063
Kevin Cyril Donnelly officer: Vice President and Secretary 1100 BOULDERS PARKWAY, RICHMOND VA 23225
Anne G Waleski director 1508 WEST AVENUE, RICHMOND VA 23220
Michael Jay Schewel officer: Vice President and Secretary C/O MARKEL CORPORATION, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Brickhouse Frasier W Ii other: Controller 1100 BOULDERS PARKWAY, RICHMOND VA 23225
Gamco Investors, Inc. Et Al 10 percent owner 191 MASON STREET, GREENWICH CT 06830
John M Steitz director ALBEMARLE CORP, 451 FLORIDA ST, BATON ROUGE LA 70801
William M Gottwald director ALBERMARLE CORP, PO BOX 2189, RICHMOND VA 23218
Associated Capital Group, Inc. 10 percent owner 191 MASON STREET, GREENWICH CT 06830
A Brent King officer: Vice President and Secretary 4951 LAKE BROOK DR, STE 500, GLEN ALLEN VA 23060
Mary Jane Hellyar officer: Vice President 1100 BOULDERS PARKWAY, RICHMOND VA 23225
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Gottwald Floyd D Jr director 330 SOUTH FOURTH STREET, RICHMOND VA 23219
John D Gottwald director 207 WOOD ROAD, TREDEGAR CORP, 1100 BOULDERS PARKWAY VA 23225

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