GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Astron Paper & Board Mill Ltd (BOM:540824) » Definitions » Cyclically Adjusted FCF per Share

Astron Paper & Board Mill (BOM:540824) Cyclically Adjusted FCF per Share : ₹1.05 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Astron Paper & Board Mill 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.

Astron Paper & Board Mill's adjusted free cash flow per share data for the fiscal year that ended in Mar. 2024 was ₹2.139. 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 ₹1.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Astron Paper & Board Mill's average Cyclically Adjusted FCF Growth Rate was 144.20% 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 (2024-06-12), Astron Paper & Board Mill's current stock price is ₹ 20.03. Astron Paper & Board Mill's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar. 2024 was ₹1.05. Astron Paper & Board Mill's Cyclically Adjusted Price-to-FCF of today is 19.08.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Astron Paper & Board Mill was 64.14. The lowest was 18.86. And the median was 53.23.


Astron Paper & Board Mill Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Astron Paper & Board Mill'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.

Astron Paper & Board Mill Cyclically Adjusted FCF per Share Chart

Astron Paper & Board Mill Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -1.09 0.43 1.05

Astron Paper & Board Mill 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 0.43 - - - 1.05

Competitive Comparison of Astron Paper & Board Mill's Cyclically Adjusted FCF per Share

For the Paper & Paper Products subindustry, Astron Paper & Board Mill'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.


Astron Paper & Board Mill's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Astron Paper & Board Mill's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Astron Paper & Board Mill's Cyclically Adjusted Price-to-FCF falls into.



Astron Paper & Board Mill 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, Astron Paper & Board Mill's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.139/153.0345*153.0345
=2.139

Current CPI (Mar. 2024) = 153.0345.

Astron Paper & Board Mill Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 1.840 97.163 2.898
201603 1.092 102.518 1.630
201703 1.507 105.196 2.192
201803 -5.969 109.786 -8.320
201903 3.586 118.202 4.643
202003 2.074 124.705 2.545
202103 5.060 131.771 5.877
202203 -2.925 138.822 -3.224
202303 0.116 146.865 0.121
202403 2.139 153.035 2.139

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


Astron Paper & Board Mill  (BOM:540824) 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.

Astron Paper & Board Mill's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=20.03/1.05
=19.08

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of Astron Paper & Board Mill was 64.14. The lowest was 18.86. And the median was 53.23.


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.


Astron Paper & Board Mill Cyclically Adjusted FCF per Share Related Terms

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


Astron Paper & Board Mill (BOM:540824) Business Description

Traded in Other Exchanges
Address
S G Highway, Ganesh Meridian, D-702, 7th Floor, Opposite High Court, Ahmedabad, GJ, IND, 380060
Astron Paper & Board Mill Ltd is engaged in recycled corrugated paper manufacturing in India. The company mainly caters packaging industry and has developed a loyal clientele network. the product portfolio includes varied products like VTL, High RCT, Kraft Liner, Test Liner to Corrugated Medium Paper, ranging mainly from 80 GSM to 350 GSM and 16-40 BF. The dominant source of income of t e company is from the sale of kraft paper.

Astron Paper & Board Mill (BOM:540824) Headlines

No Headlines