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Ascent Industries Co (FRA:SY4) Cyclically Adjusted FCF per Share : €0.59 (As of Mar. 2024)


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What is Ascent Industries Co 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.

Ascent Industries Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.004. 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 €0.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ascent Industries Co's average Cyclically Adjusted FCF Growth Rate was 38.30% 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 Ascent Industries Co was 210.70% per year. The lowest was -67.80% per year. And the median was -1.90% per year.

As of today (2024-05-22), Ascent Industries Co's current stock price is €9.15. Ascent Industries Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.59. Ascent Industries Co's Cyclically Adjusted Price-to-FCF of today is 15.51.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ascent Industries Co was 1550.00. The lowest was 11.85. And the median was 75.50.


Ascent Industries Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ascent Industries Co'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.

Ascent Industries Co Cyclically Adjusted FCF per Share Chart

Ascent Industries Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.41 -0.07 0.18 0.29 0.65

Ascent Industries Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.42 0.53 0.55 0.65 0.59

Competitive Comparison of Ascent Industries Co's Cyclically Adjusted FCF per Share

For the Steel subindustry, Ascent Industries 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.


Ascent Industries Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

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



Ascent Industries Co 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, Ascent Industries 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)
=-0.004/131.7762*131.7762
=-0.004

Current CPI (Mar. 2024) = 131.7762.

Ascent Industries Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.009 100.560 -0.012
201409 1.035 100.428 1.358
201412 0.332 99.070 0.442
201503 -1.367 99.621 -1.808
201506 1.122 100.684 1.468
201509 0.050 100.392 0.066
201512 0.747 99.792 0.986
201603 -0.302 100.470 -0.396
201606 0.293 101.688 0.380
201609 -0.380 101.861 -0.492
201612 0.243 101.863 0.314
201703 -0.866 102.862 -1.109
201706 -0.035 103.349 -0.045
201709 0.258 104.136 0.326
201712 0.257 104.011 0.326
201803 -0.687 105.290 -0.860
201806 -1.853 106.317 -2.297
201809 -0.240 106.507 -0.297
201812 -0.965 105.998 -1.200
201903 0.509 107.251 0.625
201906 0.612 108.070 0.746
201909 0.378 108.329 0.460
201912 0.899 108.420 1.093
202003 -0.123 108.902 -0.149
202006 -0.090 108.767 -0.109
202009 0.493 109.815 0.592
202012 0.977 109.897 1.172
202103 -0.092 111.754 -0.108
202106 0.484 114.631 0.556
202109 0.994 115.734 1.132
202112 0.193 117.630 0.216
202203 -0.064 121.301 -0.070
202206 0.148 125.017 0.156
202209 -0.269 125.227 -0.283
202212 0.368 125.222 0.387
202303 1.178 127.348 1.219
202306 0.343 128.729 0.351
202309 0.211 129.860 0.214
202312 0.120 129.419 0.122
202403 -0.004 131.776 -0.004

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


Ascent Industries Co  (FRA:SY4) 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.

Ascent Industries Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9.15/0.59
=15.51

* 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 Ascent Industries Co was 1550.00. The lowest was 11.85. And the median was 75.50.


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.


Ascent Industries Co Cyclically Adjusted FCF per Share Related Terms

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


Ascent Industries Co (FRA:SY4) Business Description

Industry
Traded in Other Exchanges
Address
1400 16th Street, Suite 270, Oak Brook, IL, USA, 60523
Ascent Industries Co is engaged in the chemical and metal industry. The group operates into two reportable segments namely the Ascent Tubular Products and the Specialty Chemicals Segment. The Tubular Products segment serves markets through pipe and tube and customers in the appliance, architectural, automotive and commercial transportation, brewery, chemical, petrochemical and other industries. The Specialty Chemicals segment produces specialty products for the pulp and paper, coatings, adhesives, sealants and elastomers (CASE), textile, automotive, household and other industries. It manufactures welded pipe and tube, majorly from stainless steel, duplex, and nickel alloys. The company also produces specialty chemicals and dyes used in various end markets.

Ascent Industries Co (FRA:SY4) Headlines

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