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Zamet (WAR:ZMT) Cyclically Adjusted FCF per Share : zł0.13 (As of Mar. 2024)


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What is Zamet 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.

Zamet's adjusted free cash flow per share for the three months ended in Mar. 2024 was zł0.147. 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 zł0.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Zamet's average Cyclically Adjusted FCF Growth Rate was 62.50% 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 (2024-06-10), Zamet's current stock price is zł1.49. Zamet's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was zł0.13. Zamet's Cyclically Adjusted Price-to-FCF of today is 11.46.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Zamet was 24.14. The lowest was 6.00. And the median was 12.97.


Zamet Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Zamet'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.

Zamet Cyclically Adjusted FCF per Share Chart

Zamet 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 - - 0.13 0.07 0.09

Zamet 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 0.08 0.07 0.10 0.09 0.13

Competitive Comparison of Zamet's Cyclically Adjusted FCF per Share

For the Steel subindustry, Zamet'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.


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

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

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



Zamet 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, Zamet'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)
=0.147/149.0435*149.0435
=0.147

Current CPI (Mar. 2024) = 149.0435.

Zamet Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.507 101.180 0.747
201409 -0.362 100.611 -0.536
201412 0.317 100.122 0.472
201503 -0.164 100.041 -0.244
201506 0.043 100.448 0.064
201509 0.131 99.634 0.196
201512 -0.072 99.471 -0.108
201603 0.376 98.983 0.566
201606 -0.318 99.552 -0.476
201609 0.144 99.064 0.217
201612 -0.038 100.366 -0.056
201703 -0.021 101.018 -0.031
201706 -0.022 101.180 -0.032
201709 -0.036 101.343 -0.053
201712 0.088 102.564 0.128
201803 0.108 102.564 0.157
201806 -0.053 103.378 -0.076
201809 -0.060 103.378 -0.087
201812 -0.075 103.785 -0.108
201903 0.051 104.274 0.073
201906 -0.019 105.983 -0.027
201909 -0.013 105.983 -0.018
201912 0.111 107.123 0.154
202003 0.096 109.076 0.131
202006 -0.036 109.402 -0.049
202009 0.162 109.320 0.221
202012 0.043 109.565 0.058
202103 -0.040 112.658 -0.053
202106 0.021 113.960 0.027
202109 0.019 115.588 0.024
202112 -0.018 119.088 -0.023
202203 -0.168 125.031 -0.200
202206 -0.050 131.705 -0.057
202209 -0.088 135.531 -0.097
202212 0.056 139.113 0.060
202303 -0.046 145.950 -0.047
202306 0.170 147.009 0.172
202309 0.181 146.113 0.185
202312 -0.164 147.741 -0.165
202403 0.147 149.044 0.147

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


Zamet  (WAR:ZMT) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.49/0.13
=11.46

* 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 Zamet was 24.14. The lowest was 6.00. And the median was 12.97.


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.


Zamet Cyclically Adjusted FCF per Share Related Terms

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


Zamet (WAR:ZMT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Zamet SA (WAR:ZMT) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
N/A
Address
R. Dmowskiego 38B, Piotrkow Trybunalski, POL, 97-300
Zamet SA is a Polish company, manufacturers of large-size steel structures and machinery and equipment for the industry. The company is engaged in the implementation of projects such as heavy steel elements for the oil industry, lifting and loading equipment and steel structure for the mining industry.

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