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Century Iron And Steel Industrial Co (TPE:9958) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


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What is Century Iron And Steel Industrial Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Century Iron And Steel Industrial Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Century Iron And Steel Industrial Co'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.

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Century Iron And Steel Industrial Co Cyclically Adjusted Price-to-FCF Chart

Century Iron And Steel Industrial Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Century Iron And Steel Industrial Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Century Iron And Steel Industrial Co's Cyclically Adjusted Price-to-FCF

For the Metal Fabrication subindustry, Century Iron And Steel Industrial Co'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.


Century Iron And Steel Industrial Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

* The bar in red indicates where Century Iron And Steel Industrial Co's Cyclically Adjusted Price-to-FCF falls into.



Century Iron And Steel Industrial Co 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.

Century Iron And Steel Industrial Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Century Iron And Steel Industrial Co'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)
=-0.611/131.7762*131.7762
=-0.611

Current CPI (Mar. 2024) = 131.7762.

Century Iron And Steel Industrial Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -4.136 100.560 -5.420
201409 -2.558 100.428 -3.356
201412 -1.593 99.070 -2.119
201503 1.403 99.621 1.856
201506 0.387 100.684 0.507
201509 -0.082 100.392 -0.108
201512 1.411 99.792 1.863
201603 -0.236 100.470 -0.310
201606 -0.924 101.688 -1.197
201609 0.406 101.861 0.525
201612 0.640 101.863 0.828
201703 -1.242 102.862 -1.591
201706 0.997 103.349 1.271
201709 -1.660 104.136 -2.101
201712 0.569 104.011 0.721
201803 0.846 105.290 1.059
201806 -1.277 106.317 -1.583
201809 -1.150 106.507 -1.423
201812 -2.251 105.998 -2.798
201903 -1.006 107.251 -1.236
201906 -2.359 108.070 -2.876
201909 -3.832 108.329 -4.661
201912 -3.531 108.420 -4.292
202003 -0.610 108.902 -0.738
202006 1.549 108.767 1.877
202009 -0.374 109.815 -0.449
202012 -4.566 109.897 -5.475
202103 -1.339 111.754 -1.579
202106 -7.634 114.631 -8.776
202109 -2.322 115.734 -2.644
202112 -7.724 117.630 -8.653
202203 0.882 121.301 0.958
202206 -3.304 125.017 -3.483
202209 -0.908 125.227 -0.955
202212 -5.434 125.222 -5.718
202303 -13.982 127.348 -14.468
202306 -3.235 128.729 -3.312
202309 -0.188 129.860 -0.191
202312 -1.736 129.419 -1.768
202403 -0.611 131.776 -0.611

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.


Century Iron And Steel Industrial Co  (TPE:9958) 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.


Century Iron And Steel Industrial Co Cyclically Adjusted Price-to-FCF Related Terms

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Century Iron And Steel Industrial Co (TPE:9958) Business Description

Traded in Other Exchanges
N/A
Address
No.1119, Section1, Zhongshan Road, Guanyin District, Taoyuan, TWN, 328
Century Iron And Steel Industrial Co Ltd operates in the Steel industry. The company is engaged in the processing, manufacturing, and trading of steel frame & iron bone and its related installation services. It also manufactures steel structures for buildings and bridges. The majority of its revenue comes from Construction materials.

Century Iron And Steel Industrial Co (TPE:9958) Headlines

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