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Rautaruukki Oyj (OHEL:RTRKS) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is Rautaruukki Oyj Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Rautaruukki Oyj Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Rautaruukki Oyj'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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Rautaruukki Oyj Cyclically Adjusted Price-to-FCF Chart

Rautaruukki Oyj Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted Price-to-FCF
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Rautaruukki Oyj Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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Competitive Comparison of Rautaruukki Oyj's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Rautaruukki Oyj'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.


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

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

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



Rautaruukki Oyj 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.

Rautaruukki Oyj's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec13 is calculated as:

For example, Rautaruukki Oyj's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec13 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec13 (Change)*Current CPI (Dec13)
=0.684/99.7606*99.7606
=0.684

Current CPI (Dec13) = 99.7606.

Rautaruukki Oyj Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200412 3.698 83.513 4.417
200512 5.522 84.007 6.557
200612 4.160 85.852 4.834
200712 1.762 88.116 1.995
200812 2.753 91.134 3.014
200912 0.151 90.631 0.166
201012 -1.700 93.216 -1.819
201112 0.821 95.918 0.854
201212 0.554 98.180 0.563
201312 0.684 99.761 0.684

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.


Rautaruukki Oyj  (OHEL:RTRKS) 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.


Rautaruukki Oyj Cyclically Adjusted Price-to-FCF Related Terms

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Rautaruukki Oyj (OHEL:RTRKS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Rautaruukki Oyj supplies metal-based components, systems and integrated systems to construction and the engineering industry. The company's operations are structured into three divisions: construction, engineering, and steel business. Its construction division supplies steel construction solutions for commercial and industrial construction, as well as for infrastructure foundation and transport infrastructure projects. The divisions' product portfolio includes building frames, wall and roofing products, integrated systems for single and multi-story construction, bridges, traffic noise barriers and highway guard rails, piles, retaining wall structures and foundations for harbor construction. Its customers include developers, designs and builders of commercial, industrial and office premises, logistics and sports complexes and infrastructure services as well as roofing suppliers. Its engineering division supplies systems and components to the engineering industry, such as cabins, booms, masts and frames for goods and container handling, the construction industry and mining and forestry, telescopic booms, frames and parts; windmill components and oil sumps. Main markets serve international European companies, specifically the lifting, handling, and transportation equipment industry, the energy industry, the marine and offshore industry and the paper and wood industry. The Metals division supplies steel products associated with prefabrication, logistics and storage services. The division's product portfolio consists of hot and cold-rolled steels, metal and color-coated steels, tubes and profiles and stainless steel and aluminum sold as trading products. Its customers include the transportation equipment, construction, engineering and electronics industries in Europe and Russia.

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