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Crescent Steel & Allied Products (KAR:CSAP) Cyclically Adjusted Price-to-FCF : (As of Jun. 01, 2024)


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What is Crescent Steel & Allied Products Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Crescent Steel & Allied Products Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Crescent Steel & Allied Products's Cyclically Adjusted Price-to-FCF 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.

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Crescent Steel & Allied Products Cyclically Adjusted Price-to-FCF Chart

Crescent Steel & Allied Products Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Crescent Steel & Allied Products Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Crescent Steel & Allied Products's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Crescent Steel & Allied Products'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.


Crescent Steel & Allied Products's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

* The bar in red indicates where Crescent Steel & Allied Products's Cyclically Adjusted Price-to-FCF falls into.



Crescent Steel & Allied Products Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Crescent Steel & Allied Products's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Crescent Steel & Allied Products'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)
=-12.177/131.7762*131.7762
=-12.177

Current CPI (Mar. 2024) = 131.7762.

Crescent Steel & Allied Products Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 6.661 100.560 8.729
201409 -2.593 100.428 -3.402
201412 -6.916 99.070 -9.199
201503 -1.257 99.621 -1.663
201506 0.636 100.684 0.832
201509 -16.132 100.392 -21.175
201512 -10.255 99.792 -13.542
201603 -1.877 100.470 -2.462
201606 -12.013 101.688 -15.567
201609 5.084 101.861 6.577
201612 15.701 101.863 20.312
201703 -12.165 102.862 -15.585
201706 -13.373 103.349 -17.051
201709 -15.919 104.136 -20.144
201712 23.072 104.011 29.231
201803 8.885 105.290 11.120
201806 -0.015 106.317 -0.019
201809 -16.303 106.507 -20.171
201812 2.736 105.998 3.401
201903 6.302 107.251 7.743
201906 6.236 108.070 7.604
201909 2.418 108.329 2.941
201912 -3.497 108.420 -4.250
202003 -7.944 108.902 -9.613
202006 -9.140 108.767 -11.073
202009 11.199 109.815 13.439
202012 1.829 109.897 2.193
202103 -2.832 111.754 -3.339
202106 2.270 114.631 2.610
202109 -4.262 115.734 -4.853
202112 -5.002 117.630 -5.604
202203 -10.560 121.301 -11.472
202206 19.564 125.017 20.622
202209 -4.692 125.227 -4.937
202212 -9.613 125.222 -10.116
202303 6.799 127.348 7.035
202306 -4.365 128.729 -4.468
202309 -8.139 129.860 -8.259
202312 6.086 129.419 6.197
202403 -12.177 131.776 -12.177

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


Crescent Steel & Allied Products  (KAR:CSAP) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Crescent Steel & Allied Products Cyclically Adjusted Price-to-FCF Related Terms

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Crescent Steel & Allied Products (KAR:CSAP) Business Description

Traded in Other Exchanges
N/A
Address
9th Floor, Sidco Avenue Centre, 264 R.A. Lines, Karachi, SD, PAK, 74200
Crescent Steel & Allied Products Ltd has diversified businesses. The company's operating segment includes Steel; Cotton; Investment and Infrastructure Development (IID), Energy and Hadeed(Steel Billet) Divison. The steel segment comprises of manufacturing and coating of steel pipes which generates maximum revenue. Geographically, it derives a majority of revenue from Pakistan.

Crescent Steel & Allied Products (KAR:CSAP) Headlines

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