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Garware Technical Fibres (NSE:GARFIBRES) Cyclically Adjusted Price-to-FCF : 61.98 (As of May. 28, 2024)


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What is Garware Technical Fibres Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Garware Technical Fibres's current share price is ₹3207.90. Garware Technical Fibres's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was ₹51.76. Garware Technical Fibres's Cyclically Adjusted Price-to-FCF for today is 61.98.

The historical rank and industry rank for Garware Technical Fibres's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

NSE:GARFIBRES' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 24.5   Med: 47.04   Max: 80.54
Current: 62.68

During the past 13 years, Garware Technical Fibres's highest Cyclically Adjusted Price-to-FCF was 80.54. The lowest was 24.50. And the median was 47.04.

NSE:GARFIBRES's Cyclically Adjusted Price-to-FCF is ranked worse than
83.98% of 362 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.01 vs NSE:GARFIBRES: 62.68

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.

Garware Technical Fibres's adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was ₹77.861. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ₹51.76 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Garware Technical Fibres Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Garware Technical Fibres'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.

* Premium members only.

Garware Technical Fibres Cyclically Adjusted Price-to-FCF Chart

Garware Technical Fibres Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.78 39.64 63.69 65.63 56.23

Garware Technical Fibres Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 - 56.23 - - -

Competitive Comparison of Garware Technical Fibres's Cyclically Adjusted Price-to-FCF

For the Textile Manufacturing subindustry, Garware Technical Fibres'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.


Garware Technical Fibres's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Garware Technical Fibres's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Garware Technical Fibres 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.

Garware Technical Fibres's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3207.90/51.76
=61.98

* 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.

Garware Technical Fibres's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Garware Technical Fibres's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=77.861/146.8646*146.8646
=77.861

Current CPI (Mar23) = 146.8646.

Garware Technical Fibres Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 25.026 91.425 40.202
201503 22.052 97.163 33.332
201603 46.838 102.518 67.099
201703 46.577 105.196 65.026
201803 -2.481 109.786 -3.319
201903 50.342 118.202 62.549
202003 32.653 124.705 38.455
202103 99.197 131.771 110.560
202203 23.832 138.822 25.213
202303 77.861 146.865 77.861

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.


Garware Technical Fibres  (NSE:GARFIBRES) 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.


Garware Technical Fibres Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Garware Technical Fibres's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Garware Technical Fibres (NSE:GARFIBRES) Business Description

Traded in Other Exchanges
Address
Plot No. 11, Block D - 1, MIDC, Chinchwad, Pune, MH, IND, 411019
Garware Technical Fibres Ltd is involved in the textile business. The firm provides application-focused solutions for various sectors including deep-sea fishing, aquaculture, shipping, agriculture, sports, infrastructure, and transportation. Its operating segment includes Synthetic Cordage and Fibre and Industrial Products and Projects. The company generates maximum revenue from the Synthetic Cordage segment. Its products include ropes, twine, yarn, fishnet, and other nets.

Garware Technical Fibres (NSE:GARFIBRES) Headlines

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