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Amreli Steels (KAR:ASTL) Cyclically Adjusted FCF per Share : ₨-6.01 (As of Mar. 2024)


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What is Amreli Steels 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.

Amreli Steels's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₨12.903. 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 ₨-6.01 for the trailing ten years ended in Mar. 2024.

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 (2024-05-25), Amreli Steels's current stock price is ₨27.20. Amreli Steels's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₨-6.01. Amreli Steels's Cyclically Adjusted Price-to-FCF of today is .


Amreli Steels Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Amreli Steels'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.

Amreli Steels Cyclically Adjusted FCF per Share Chart

Amreli Steels Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -5.45

Amreli Steels 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 - -5.45 -5.82 -7.39 -6.01

Competitive Comparison of Amreli Steels's Cyclically Adjusted FCF per Share

For the Steel subindustry, Amreli Steels'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.


Amreli Steels's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

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



Amreli Steels 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, Amreli Steels'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)
=12.903/131.7762*131.7762
=12.903

Current CPI (Mar. 2024) = 131.7762.

Amreli Steels Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 100.560 0.000
201409 -5.173 100.428 -6.788
201412 -1.766 99.070 -2.349
201503 4.386 99.621 5.802
201506 6.490 100.684 8.494
201509 0.349 100.392 0.458
201512 -4.393 99.792 -5.801
201603 0.681 100.470 0.893
201606 -4.966 101.688 -6.435
201609 3.767 101.861 4.873
201612 -0.925 101.863 -1.197
201703 0.581 102.862 0.744
201706 -5.036 103.349 -6.421
201709 -3.466 104.136 -4.386
201712 -2.975 104.011 -3.769
201803 -3.293 105.290 -4.121
201806 -7.597 106.317 -9.416
201809 -4.064 106.507 -5.028
201812 -0.443 105.998 -0.551
201903 -4.631 107.251 -5.690
201906 4.481 108.070 5.464
201909 -5.945 108.329 -7.232
201912 0.631 108.420 0.767
202003 1.446 108.902 1.750
202006 -14.113 108.767 -17.098
202009 6.703 109.815 8.043
202012 -0.652 109.897 -0.782
202103 -5.652 111.754 -6.665
202106 3.475 114.631 3.995
202109 0.469 115.734 0.534
202112 -17.080 117.630 -19.134
202203 1.662 121.301 1.806
202206 0.271 125.017 0.286
202209 -7.075 125.227 -7.445
202212 4.918 125.222 5.175
202303 11.586 127.348 11.989
202306 8.840 128.729 9.049
202309 -4.359 129.860 -4.423
202312 -16.580 129.419 -16.882
202403 12.903 131.776 12.903

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


Amreli Steels  (KAR:ASTL) 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.


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.


Amreli Steels Cyclically Adjusted FCF per Share Related Terms

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


Amreli Steels (KAR:ASTL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Sky Tower, West Wing, Tower–A, Plot No. HC-3, Block No. 4, 14th Floor, KDA Scheme 5, Clifton, Karachi, PAK, 75730
Amreli Steels Ltd is involved in the manufacturing of steel reinforcement bars in Pakistan. The company's product offerings include Amreli Steels Maxima, Amreli Steels Ultima, Amreli Steels Xtreme and amongst others. The majority of the firm's revenue is derived from Pakistan.