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Radius Recycling (FRA:SS1A) Cyclically Adjusted FCF per Share : €2.24 (As of Feb. 2024)


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What is Radius Recycling Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Radius Recycling's adjusted free cash flow per share for the three months ended in Feb. 2024 was €-2.283. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €2.24 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Radius Recycling's average Cyclically Adjusted FCF Growth Rate was -12.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -1.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -1.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Radius Recycling was 41.80% per year. The lowest was -8.20% per year. And the median was 4.80% per year.

As of today (2024-05-24), Radius Recycling's current stock price is €16.70. Radius Recycling's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was €2.24. Radius Recycling's Cyclically Adjusted Price-to-FCF of today is 7.46.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Radius Recycling was 22.27. The lowest was 3.91. And the median was 8.95.


Radius Recycling Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Radius Recycling's Cyclically Adjusted FCF per Share 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.

Radius Recycling Cyclically Adjusted FCF per Share Chart

Radius Recycling Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.28 2.18 2.40 2.67 2.63

Radius Recycling Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted FCF per Share 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 2.60 2.51 2.63 2.46 2.24

Competitive Comparison of Radius Recycling's Cyclically Adjusted FCF per Share

For the Steel subindustry, Radius Recycling'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.


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

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

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



Radius Recycling Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Radius Recycling's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-2.283/130.9299*130.9299
=-2.283

Current CPI (Feb. 2024) = 130.9299.

Radius Recycling Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.508 100.373 0.663
201408 1.597 100.352 2.084
201411 -0.776 99.635 -1.020
201502 0.818 99.032 1.081
201505 1.885 100.333 2.460
201508 1.872 100.548 2.438
201511 1.075 100.135 1.406
201602 0.014 100.040 0.018
201605 -0.064 101.355 -0.083
201608 1.140 101.617 1.469
201611 -0.158 101.829 -0.203
201702 -0.358 102.779 -0.456
201705 1.146 103.256 1.453
201708 1.024 103.587 1.294
201711 -0.914 104.072 -1.150
201802 -0.187 105.052 -0.233
201805 1.328 106.148 1.638
201808 2.270 106.383 2.794
201811 -1.204 106.338 -1.482
201902 0.653 106.649 0.802
201905 0.637 108.048 0.772
201908 1.526 108.245 1.846
201911 -0.422 108.519 -0.509
202002 -0.248 109.139 -0.298
202005 0.562 108.175 0.680
202008 1.403 109.662 1.675
202011 -1.166 109.793 -1.390
202102 -0.528 110.968 -0.623
202105 0.879 113.576 1.013
202108 2.769 115.421 3.141
202111 -2.169 117.269 -2.422
202202 0.513 119.703 0.561
202205 0.532 123.323 0.565
202208 4.356 124.958 4.564
202211 -3.881 125.607 -4.045
202302 1.986 126.928 2.049
202305 -1.538 128.314 -1.569
202308 3.479 129.538 3.516
202311 -0.855 129.548 -0.864
202402 -2.283 130.930 -2.283

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Radius Recycling  (FRA:SS1A) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Radius Recycling's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=16.70/2.24
=7.46

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Radius Recycling was 22.27. The lowest was 3.91. And the median was 8.95.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Radius Recycling Cyclically Adjusted FCF per Share Related Terms

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


Radius Recycling (FRA:SS1A) Business Description

Industry
Traded in Other Exchanges
Address
299 SW Clay Street, Suite 350, Portland, OR, USA, 97201
Schnitzer Steel Industries Inc is one of the ferrous and nonferrous scrap metal recyclers in the U.S. Its metal recycling business collects and recycles auto bodies, rail cars, appliances, machinery, and construction demolition. Additionally, Schnitzer operates an auto-parts business that purchases obsolete vehicles and sells any useful parts to retail customers and a steelmaking business that supplies construction products along the U.S. West Coast.

Radius Recycling (FRA:SS1A) Headlines

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