GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tcc Steel (XKRX:002710) » Definitions » Cyclically Adjusted Price-to-FCF

Tcc Steel (XKRX:002710) Cyclically Adjusted Price-to-FCF : (As of May. 19, 2024)


View and export this data going back to 1984. Start your Free Trial

What is Tcc Steel Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tcc Steel Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tcc Steel'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.

Tcc Steel Cyclically Adjusted Price-to-FCF Chart

Tcc Steel 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 - - - - -

Tcc Steel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Tcc Steel's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Tcc Steel'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.


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

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

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



Tcc Steel 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.

Tcc Steel's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Tcc Steel's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=37.327/118.8477*118.8477
=37.327

Current CPI (Dec. 2023) = 118.8477.

Tcc Steel Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1,092.187 99.253 -1,307.808
201406 -295.062 99.353 -352.958
201409 -558.855 99.608 -666.800
201412 529.427 99.098 634.939
201503 249.118 99.720 296.902
201506 -323.373 100.050 -384.129
201509 494.445 100.110 586.991
201512 610.484 100.220 723.953
201603 302.947 100.560 358.041
201606 -206.091 100.790 -243.015
201609 108.157 101.460 126.692
201612 -1,988.754 101.560 -2,327.283
201703 -129.984 102.850 -150.202
201706 -476.984 102.610 -552.465
201709 113.671 103.490 130.540
201712 386.882 102.990 446.451
201803 123.522 104.100 141.021
201806 198.909 104.130 227.023
201809 -72.140 105.650 -81.152
201812 558.514 104.350 636.110
201903 -811.477 104.490 -922.980
201906 288.262 104.880 326.652
201909 -259.472 105.200 -293.134
201912 105.545 105.120 119.328
202003 -621.182 105.540 -699.508
202006 248.921 104.870 282.099
202009 -123.194 106.200 -137.866
202012 69.249 105.765 77.815
202103 242.642 107.357 268.612
202106 -147.811 107.579 -163.295
202109 -322.254 108.759 -352.146
202112 120.360 109.676 130.425
202203 -867.339 111.806 -921.967
202206 -905.409 114.083 -943.225
202209 -841.494 114.831 -870.927
202212 166.323 115.200 171.589
202303 -1,856.621 116.550 -1,893.229
202306 -1,193.423 117.140 -1,210.822
202309 -1,143.884 119.111 -1,141.353
202312 37.327 118.848 37.327

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.


Tcc Steel  (XKRX:002710) 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.


Tcc Steel Cyclically Adjusted Price-to-FCF Related Terms

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


Tcc Steel (XKRX:002710) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tcc Steel (XKRX:002710) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
93 Dangsan-Dong 4ga, Dongyang tower, Yeongdeungpo-gu, Seoul, KOR, 150-722
Tcc Steel is a Korea based company engaged in the manufacture and marketing of tinplate used for a various food and beverage cans. The company also manufactures copper coated and nickel coated plates. The organization also exports its products to international countries.

Tcc Steel (XKRX:002710) Headlines

No Headlines