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Eastman Chemical Co (MEX:EMN) Cyclically Adjusted FCF per Share : MXN171.11 (As of Mar. 2025)


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What is Eastman Chemical Co 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.

Eastman Chemical Co's adjusted free cash flow per share for the three months ended in Mar. 2025 was MXN-55.141. 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 MXN171.11 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Eastman Chemical Co's average Cyclically Adjusted FCF Growth Rate was -2.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 11.30% 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 Eastman Chemical Co was 18.60% per year. The lowest was -7.50% per year. And the median was 9.30% per year.

As of today (2025-05-24), Eastman Chemical Co's current stock price is MXN2054.00. Eastman Chemical Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was MXN171.11. Eastman Chemical Co's Cyclically Adjusted Price-to-FCF of today is 12.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Eastman Chemical Co was 30.45. The lowest was 7.39. And the median was 15.52.


Eastman Chemical Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Eastman Chemical Co'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.

Eastman Chemical Co Cyclically Adjusted FCF per Share Chart

Eastman Chemical Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 106.36 144.50 148.39 120.08 168.02

Eastman Chemical Co 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 108.85 111.35 136.14 168.02 171.11

Competitive Comparison of Eastman Chemical Co's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, Eastman Chemical Co'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.


Eastman Chemical Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Eastman Chemical Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Eastman Chemical Co 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, Eastman Chemical Co'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)
=-55.141/134.9266*134.9266
=-55.141

Current CPI (Mar. 2025) = 134.9266.

Eastman Chemical Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 47.133 100.684 63.163
201509 23.463 100.392 31.534
201512 39.946 99.792 54.010
201603 -6.825 100.470 -9.166
201606 45.954 101.688 60.975
201609 40.315 101.861 53.402
201612 19.389 101.863 25.683
201703 -10.361 102.862 -13.591
201706 35.189 103.349 45.941
201709 46.025 104.136 59.634
201712 58.959 104.011 76.484
201803 -20.451 105.290 -26.208
201806 44.621 106.317 56.628
201809 33.890 106.507 42.933
201812 82.872 105.998 105.489
201903 -15.369 107.251 -19.335
201906 45.571 108.070 56.896
201909 43.839 108.329 54.602
201912 75.275 108.420 93.678
202003 12.025 108.902 14.899
202006 57.154 108.767 70.900
202009 58.996 109.815 72.487
202012 41.878 109.897 51.416
202103 17.678 111.754 21.344
202106 45.847 114.631 53.964
202109 63.637 115.734 74.190
202112 27.987 117.630 32.102
202203 -14.929 121.301 -16.606
202206 16.871 125.017 18.208
202209 15.131 125.227 16.303
202212 42.749 125.222 46.062
202303 -26.804 127.348 -28.399
202306 24.225 128.729 25.391
202309 40.693 129.860 42.281
202312 39.478 129.419 41.158
202403 -28.222 131.776 -28.897
202406 38.463 132.554 39.152
202409 45.966 133.029 46.622
202412 65.230 133.157 66.097
202503 -55.141 134.927 -55.141

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


Eastman Chemical Co  (MEX:EMN) 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.

Eastman Chemical Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2054.00/171.11
=12.00

* 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 Eastman Chemical Co was 30.45. The lowest was 7.39. And the median was 15.52.


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.


Eastman Chemical Co Cyclically Adjusted FCF per Share Related Terms

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


Eastman Chemical Co Business Description

Industry
Address
200 South Wilcox Drive, Kingsport, TN, USA, 37662
Established in 1920 to produce chemicals for Eastman Kodak, Eastman Chemical has grown into a global specialty chemical company with manufacturing sites around the world. The company generates the majority of its sales outside of the United States, with a strong presence in Asian markets. During the past several years, Eastman has sold noncore businesses, choosing to focus on higher-margin specialty product offerings.