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Corporacion Aceros Arequipa (LIM:CORAREC1) Cyclically Adjusted FCF per Share : S/.0.14 (As of Mar. 2024)


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What is Corporacion Aceros Arequipa 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.

Corporacion Aceros Arequipa's adjusted free cash flow per share for the three months ended in Mar. 2024 was S/.0.070. 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 S/.0.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Corporacion Aceros Arequipa's average Cyclically Adjusted FCF Growth Rate was 75.00% 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.

As of today (2024-06-04), Corporacion Aceros Arequipa's current stock price is S/.1.55. Corporacion Aceros Arequipa's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was S/.0.14. Corporacion Aceros Arequipa's Cyclically Adjusted Price-to-FCF of today is 11.07.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Corporacion Aceros Arequipa was 32.50. The lowest was 11.43. And the median was 19.90.


Corporacion Aceros Arequipa Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Corporacion Aceros Arequipa'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.

Corporacion Aceros Arequipa Cyclically Adjusted FCF per Share Chart

Corporacion Aceros Arequipa 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 - - - 0.08 0.13

Corporacion Aceros Arequipa Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.08 0.10 - 0.13 0.14

Competitive Comparison of Corporacion Aceros Arequipa's Cyclically Adjusted FCF per Share

For the Steel subindustry, Corporacion Aceros Arequipa'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.


Corporacion Aceros Arequipa's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

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



Corporacion Aceros Arequipa 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, Corporacion Aceros Arequipa'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)
=0.07/131.7762*131.7762
=0.070

Current CPI (Mar. 2024) = 131.7762.

Corporacion Aceros Arequipa Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 0.118 99.621 0.156
201506 0.030 100.684 0.039
201509 0.052 100.392 0.068
201512 0.142 99.792 0.188
201603 0.108 100.470 0.142
201606 0.017 101.688 0.022
201609 -0.008 101.861 -0.010
201612 0.030 101.863 0.039
201703 0.017 102.862 0.022
201706 -0.019 103.349 -0.024
201709 -0.014 104.136 -0.018
201712 0.167 104.011 0.212
201803 -0.028 105.290 -0.035
201806 -0.122 106.317 -0.151
201809 0.032 106.507 0.040
201812 -0.039 105.998 -0.048
201903 0.065 107.251 0.080
201906 0.052 108.070 0.063
201909 0.129 108.329 0.157
201912 0.176 108.420 0.214
202003 -0.112 108.902 -0.136
202006 -0.188 108.767 -0.228
202009 0.548 109.815 0.658
202012 0.257 109.897 0.308
202103 -0.096 111.754 -0.113
202106 -0.485 114.631 -0.558
202109 -0.202 115.734 -0.230
202112 0.047 117.630 0.053
202203 -0.188 121.301 -0.204
202206 -0.185 125.017 -0.195
202209 -0.036 125.227 -0.038
202212 0.200 125.222 0.210
202303 0.129 127.348 0.133
202309 0.000 129.860 0.000
202312 0.303 129.419 0.309
202403 0.070 131.776 0.070

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


Corporacion Aceros Arequipa  (LIM:CORAREC1) 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.

Corporacion Aceros Arequipa's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.55/0.14
=11.07

* 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 Corporacion Aceros Arequipa was 32.50. The lowest was 11.43. And the median was 19.90.


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.


Corporacion Aceros Arequipa Cyclically Adjusted FCF per Share Related Terms

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


Corporacion Aceros Arequipa (LIM:CORAREC1) Business Description

Traded in Other Exchanges
Address
Carretera Panamericana Sur Km. 241, Paracas, Pisco, PER
Corporacion Aceros Arequipa SA is a Peru-based company that manufactures, distributes, and markets iron, steel, and other metal products. Its product portfolio consists of rebar, flat bars, merchant bars, coils, sheets, tubes, and corrugated sheets, among others. The firm's products are used in construction, mining, heavy metalworking industry, and others. Geographically the majority of its revenue comes from Peru.

Corporacion Aceros Arequipa (LIM:CORAREC1) Headlines

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