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Mughal Iron & Steel Industries (KAR:MUGHAL) Cyclically Adjusted FCF per Share : ₨-3.08 (As of Mar. 2025)


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What is Mughal Iron & Steel Industries 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.

Mughal Iron & Steel Industries's adjusted free cash flow per share for the three months ended in Mar. 2025 was ₨1.364. 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 ₨-3.08 for the trailing ten years ended in Mar. 2025.

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 (2025-06-26), Mughal Iron & Steel Industries's current stock price is ₨68.66. Mughal Iron & Steel Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was ₨-3.08. Mughal Iron & Steel Industries's Cyclically Adjusted Price-to-FCF of today is .


Mughal Iron & Steel Industries Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Mughal Iron & Steel Industries'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.

Mughal Iron & Steel Industries Cyclically Adjusted FCF per Share Chart

Mughal Iron & Steel Industries Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -3.90

Mughal Iron & Steel Industries Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -2.37 -3.90 -4.13 -2.48 -3.08

Competitive Comparison of Mughal Iron & Steel Industries's Cyclically Adjusted FCF per Share

For the Steel subindustry, Mughal Iron & Steel Industries'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.


Mughal Iron & Steel Industries's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

* The bar in red indicates where Mughal Iron & Steel Industries's Cyclically Adjusted Price-to-FCF falls into.


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Mughal Iron & Steel Industries 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, Mughal Iron & Steel Industries's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.364/134.9266*134.9266
=1.364

Current CPI (Mar. 2025) = 134.9266.

Mughal Iron & Steel Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 1.045 100.684 1.400
201509 5.168 100.392 6.946
201512 -5.988 99.792 -8.096
201603 1.008 100.470 1.354
201606 -4.628 101.688 -6.141
201609 2.772 101.861 3.672
201612 4.431 101.863 5.869
201703 -5.069 102.862 -6.649
201706 -8.248 103.349 -10.768
201709 0.797 104.136 1.033
201712 -1.757 104.011 -2.279
201803 -0.913 105.290 -1.170
201806 -2.326 106.317 -2.952
201809 -4.639 106.507 -5.877
201812 2.089 105.998 2.659
201903 -4.379 107.251 -5.509
201906 2.232 108.070 2.787
201909 -10.852 108.329 -13.516
201912 -0.700 108.420 -0.871
202003 4.379 108.902 5.425
202006 -1.393 108.767 -1.728
202009 -10.110 109.815 -12.422
202012 -0.111 109.897 -0.136
202103 -12.613 111.754 -15.228
202106 4.127 114.631 4.858
202109 -6.623 115.734 -7.721
202112 -10.695 117.630 -12.268
202203 2.992 121.301 3.328
202206 16.658 125.017 17.978
202209 -5.875 125.227 -6.330
202212 2.174 125.222 2.342
202303 8.288 127.348 8.781
202306 -0.158 128.729 -0.166
202309 0.811 129.860 0.843
202312 13.526 129.419 14.102
202403 6.244 131.776 6.393
202406 -15.802 132.554 -16.085
202409 -5.207 133.029 -5.281
202412 19.011 133.157 19.264
202503 1.364 134.927 1.364

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


Mughal Iron & Steel Industries  (KAR:MUGHAL) 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.


Mughal Iron & Steel Industries Cyclically Adjusted FCF per Share Related Terms

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


Mughal Iron & Steel Industries Business Description

Traded in Other Exchanges
Address
31-A Shadman 1, Lahore, PB, PAK
Mughal Iron & Steel Industries Ltd is engaged in the manufacturing and trading of mild steel products. The operating segments of the company are Ferrous and Non-Ferrous. The company's main products involve Steel re-bars (G60 / Mughal Supreme), Girders, Billets, Copper ingots and Copper granules.

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