GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GrafTech International Ltd (FRA:G6G) » Definitions » Cyclically Adjusted FCF per Share

GrafTech International (FRA:G6G) Cyclically Adjusted FCF per Share : €1.15 (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is GrafTech International 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.

GrafTech International's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.039. 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 €1.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, GrafTech International's average Cyclically Adjusted FCF Growth Rate was 1.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 18.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 25.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of GrafTech International was 88.20% per year. The lowest was -27.00% per year. And the median was 21.90% per year.

As of today (2024-06-19), GrafTech International's current stock price is €0.975. GrafTech International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.15. GrafTech International's Cyclically Adjusted Price-to-FCF of today is 0.85.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of GrafTech International was 68.43. The lowest was 0.85. And the median was 11.63.


GrafTech International Cyclically Adjusted FCF per Share Historical Data

The historical data trend for GrafTech International'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.

GrafTech International Cyclically Adjusted FCF per Share Chart

GrafTech International 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 0.51 0.53 0.89 1.09 1.13

GrafTech International 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 1.11 1.15 1.17 1.13 1.15

Competitive Comparison of GrafTech International's Cyclically Adjusted FCF per Share

For the Electrical Equipment & Parts subindustry, GrafTech International'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.


GrafTech International's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GrafTech International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



GrafTech International 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, GrafTech International'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)
=-0.039/131.7762*131.7762
=-0.039

Current CPI (Mar. 2024) = 131.7762.

GrafTech International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.049 100.560 0.064
201409 0.024 100.428 0.031
201412 0.133 99.070 0.177
201503 0.061 99.621 0.081
201506 -0.068 100.684 -0.089
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201603 0.004 100.470 0.005
201606 -0.016 101.688 -0.021
201609 0.031 101.861 0.040
201612 -0.036 101.863 -0.047
201703 -0.019 102.862 -0.024
201706 -0.011 103.349 -0.014
201709 0.057 104.136 0.072
201712 -0.024 104.011 -0.030
201803 0.340 105.290 0.426
201806 0.630 106.317 0.781
201809 0.624 106.507 0.772
201812 0.617 105.998 0.767
201903 0.433 107.251 0.532
201906 0.571 108.070 0.696
201909 0.660 108.329 0.803
201912 0.633 108.420 0.769
202003 0.421 108.902 0.509
202006 0.458 108.767 0.555
202009 0.390 109.815 0.468
202012 0.434 109.897 0.520
202103 0.340 111.754 0.401
202106 0.231 114.631 0.266
202109 0.381 115.734 0.434
202112 0.277 117.630 0.310
202203 0.448 121.301 0.487
202206 0.174 125.017 0.183
202209 0.205 125.227 0.216
202212 0.085 125.222 0.089
202303 -0.002 127.348 -0.002
202306 -0.085 128.729 -0.087
202309 0.157 129.860 0.159
202312 0.013 129.419 0.013
202403 -0.039 131.776 -0.039

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


GrafTech International  (FRA:G6G) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.975/1.15
=0.85

* 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 GrafTech International was 68.43. The lowest was 0.85. And the median was 11.63.


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.


GrafTech International Cyclically Adjusted FCF per Share Related Terms

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


GrafTech International (FRA:G6G) Business Description

Traded in Other Exchanges
Address
982 Keynote Circle, Brooklyn Heights, Independence, OH, USA, 44131
GrafTech International Ltd is a producer of specialized graphite electrodes. The electrode is an essential part of the electric arc furnace process used in aluminum smelters and steel minimills. The company operates into one reporting segment namely Industrial Materials. The Industrial Materials segment manufactures high-quality graphite electrodes essential to the production of electric arc furnace steel and other ferrous and non-ferrous metals. It offers graphite electrodes and needle coke products.

GrafTech International (FRA:G6G) Headlines

No Headlines