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TriMas (FRA:MQ1) Cyclically Adjusted FCF per Share : €1.66 (As of Mar. 2024)


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What is TriMas 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.

TriMas's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.377. 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 €1.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, TriMas's average Cyclically Adjusted FCF Growth Rate was -9.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 1.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 8.30% 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 TriMas was 18.70% per year. The lowest was -0.60% per year. And the median was 14.20% per year.

As of today (2024-05-15), TriMas's current stock price is €25.20. TriMas's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.66. TriMas's Cyclically Adjusted Price-to-FCF of today is 15.18.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of TriMas was 114.23. The lowest was 11.97. And the median was 17.77.


TriMas Cyclically Adjusted FCF per Share Historical Data

The historical data trend for TriMas'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.

TriMas Cyclically Adjusted FCF per Share Chart

TriMas 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 1.44 1.32 1.48 1.70 1.61

TriMas 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 1.79 1.74 1.81 1.61 1.66

Competitive Comparison of TriMas's Cyclically Adjusted FCF per Share

For the Packaging & Containers subindustry, TriMas'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.


TriMas's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, TriMas's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



TriMas 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, TriMas'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)
=-0.377/129.4194*129.4194
=-0.377

Current CPI (Mar. 2024) = 129.4194.

TriMas Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.712 100.560 0.916
201409 0.626 100.428 0.807
201412 0.962 99.070 1.257
201503 -0.589 99.621 -0.765
201506 0.442 100.684 0.568
201509 0.015 100.392 0.019
201512 0.803 99.792 1.041
201603 -0.183 100.470 -0.236
201606 0.570 101.688 0.725
201609 0.079 101.861 0.100
201612 0.524 101.863 0.666
201703 0.229 102.862 0.288
201706 0.416 103.349 0.521
201709 0.289 104.136 0.359
201712 0.693 104.011 0.862
201803 0.229 105.290 0.281
201806 0.505 106.317 0.615
201809 0.499 106.507 0.606
201812 0.738 105.998 0.901
201903 0.036 107.251 0.043
201906 0.308 108.070 0.369
201909 0.486 108.329 0.581
201912 0.076 108.420 0.091
202003 -0.011 108.902 -0.013
202006 0.452 108.767 0.538
202009 0.778 109.815 0.917
202012 0.485 109.897 0.571
202103 0.123 111.754 0.142
202106 0.344 114.631 0.388
202109 0.465 115.734 0.520
202112 0.848 117.630 0.933
202203 -0.131 121.301 -0.140
202206 0.271 125.017 0.281
202209 0.211 125.227 0.218
202212 0.265 125.222 0.274
202303 -0.114 127.348 -0.116
202306 0.141 128.729 0.142
202309 0.481 129.860 0.479
202312 0.250 129.419 0.250
202403 -0.377 129.419 -0.377

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


TriMas  (FRA:MQ1) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=25.20/1.66
=15.18

* 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 TriMas was 114.23. The lowest was 11.97. And the median was 17.77.


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.


TriMas Cyclically Adjusted FCF per Share Related Terms

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


TriMas (FRA:MQ1) Business Description

Traded in Other Exchanges
Address
38505 Woodward Avenue, Suite 200, Bloomfield Hills, MI, USA, 48304
TriMas Corp is a United States-based company that designs, manufactures, and distributes engineered and applied products. The company operates through three segments. The packaging segment manufactures and distributes closure and dispensing systems. The aerospace segment supplies blind bolts, fasteners, rivets, and other products for the aerospace industry. The specialty product segment manufactures and distributes steel cylinders, wellhead engines, compression systems, industrial sealing, and fasteners.

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