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The L S Starrett Co (The L S Starrett Co) Cyclically Adjusted FCF per Share : $0.01 (As of Dec. 2023)


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What is The L S Starrett 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.

The L S Starrett Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.426. 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 $0.01 for the trailing ten years ended in Dec. 2023.

During the past 12 months, The L S Starrett Co's average Cyclically Adjusted FCF Growth Rate was -88.90% 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 The L S Starrett Co was 5.20% per year. The lowest was -48.10% per year. And the median was -4.80% per year.

As of today (2024-04-30), The L S Starrett Co's current stock price is $16.15. The L S Starrett Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.01. The L S Starrett Co's Cyclically Adjusted Price-to-FCF of today is 1,615.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of The L S Starrett Co was 1760.40. The lowest was 10.86. And the median was 25.49.


The L S Starrett Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for The L S Starrett 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.

The L S Starrett Co Cyclically Adjusted FCF per Share Chart

The L S Starrett Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 -0.04 -0.01 0.07 0.06

The L S Starrett Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.09 0.16 0.06 0.01 0.01

Competitive Comparison of The L S Starrett Co's Cyclically Adjusted FCF per Share

For the Tools & Accessories subindustry, The L S Starrett 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.


The L S Starrett Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, The L S Starrett Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where The L S Starrett Co's Cyclically Adjusted Price-to-FCF falls into.



The L S Starrett 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, The L S Starrett Co'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)
=-0.426/129.4194*129.4194
=-0.426

Current CPI (Dec. 2023) = 129.4194.

The L S Starrett Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.065 99.695 0.084
201406 0.075 100.560 0.097
201409 0.464 100.428 0.598
201412 -0.069 99.070 -0.090
201503 -0.056 99.621 -0.073
201506 -0.181 100.684 -0.233
201509 0.384 100.392 0.495
201512 -0.064 99.792 -0.083
201603 0.683 100.470 0.880
201606 -0.136 101.688 -0.173
201609 -0.082 101.861 -0.104
201612 -0.450 101.863 -0.572
201703 0.362 102.862 0.455
201706 -0.246 103.349 -0.308
201709 -0.163 104.136 -0.203
201712 -0.210 104.011 -0.261
201803 0.000 105.290 0.000
201806 0.131 106.317 0.159
201809 -0.025 106.507 -0.030
201812 0.058 105.998 0.071
201903 -0.192 107.251 -0.232
201906 0.325 108.070 0.389
201909 -0.929 108.329 -1.110
201912 -0.161 108.420 -0.192
202003 -0.689 108.902 -0.819
202006 0.103 108.767 0.123
202009 0.258 109.815 0.304
202012 -0.419 109.897 -0.493
202103 -0.134 111.754 -0.155
202106 0.139 114.631 0.157
202109 -1.145 115.734 -1.280
202112 -0.146 117.630 -0.161
202203 -0.120 121.301 -0.128
202206 0.922 125.017 0.954
202209 -0.071 125.227 -0.073
202212 0.108 125.222 0.112
202303 1.316 127.348 1.337
202306 0.897 128.729 0.902
202309 0.172 129.860 0.171
202312 -0.426 129.419 -0.426

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


The L S Starrett Co  (NYSE:SCX) 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.

The L S Starrett Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=16.15/0.01
=1,615.00

* 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 The L S Starrett Co was 1760.40. The lowest was 10.86. And the median was 25.49.


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.


The L S Starrett Co Cyclically Adjusted FCF per Share Related Terms

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


The L S Starrett Co (The L S Starrett Co) Business Description

Traded in Other Exchanges
N/A
Address
121 Crescent Street, Athol, MA, USA, 01331
The L S Starrett Co is engaged in the manufacturing of industrial, professional and consumer measuring and cutting tools and related products. Its products include precision tools, electronic gages, gage blocks, optical vision and laser measuring equipment, custom engineered granite solutions, tape measures, levels, chalk products, squares, band saw blades, hole saws, hacksaw blades, jig saw blades, and others. Its products are used in different industries such as metalworking, automotive, aviation, marine, farm, and "do-it-yourselfers" and tradesmen such as builders, carpenters, plumbers and electricians. The operating segments of the company are North American Operations is a key revenue driver; International Operations and Global Test and Measurement.
Executives
Douglas A Starrett officer: President & CEO 121 CRESCENT STREET, ATHOL MA 01331
John C. Tripp officer: CFO C/O THE L.S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
David T. Allen other: Insider 121 CRESCENT STREET, ATHOL MA 01331
Emerson Leme officer: VP Of Industrial Products C/O THE L.S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
Charles Alpuche director C/O INSULET CORPORATION, 600 TECHNOLOGY PARK DRIVE, SUITE 200, BILLERICA MA 01821
Christian Arntsen officer: VP of International Products C/O THE L.S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
Deborah Gordon director 121 CRESCENT STREET, ATHOL MA 01331
Thomas J Riordan director C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Scott William Sproule director C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Terry A Piper director 121 CRESCENT STREET, ATHOLL MA 01331
Chris Gahagan director AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803
Russell D. Carreker director 121 CRESCENT STREET, ATHOL MA 01331
David A Lemoine director C/O THE L S STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
Richard Kennedy director 121 CRESCENT STREET, ATHOL MA 01331
Francis J O'brien officer: Treasurer & CFO C/O THE L. S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331