Companhia Siderurgica Nacional (MEX:SID N) Cyclically Adjusted FCF per Share: MXN5.84 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:SID N Companhia Siderurgica Nacional MEX:SID N
54 GF Score
Price MXN21.50
GF Value MXN48.32
! 7 Warning Signs
View Full Analysis

What is Companhia Siderurgica Nacional Cyclically Adjusted FCF per Share?

Companhia Siderurgica Nacional MEX:SID N 54 Cyclically Adjusted FCF per Share is MXN5.84 as of Mar. 2026. GuruFocus rates MEX:SID N with a GF Score™ of 54/100 and a GF Value™ of MXN48.32. The stock has 7 warning signs investors should review.

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.

Companhia Siderurgica Nacional's adjusted free cash flow per share for the three months ended in Mar. 2026 was MXN-4.946. 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 MXN5.84 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Companhia Siderurgica Nacional's average Cyclically Adjusted FCF Growth Rate was -21.80% 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 6.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 25.50% 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 Companhia Siderurgica Nacional was 186.90% per year. The lowest was -48.90% per year. And the median was 7.35% per year.

As of today (2026-07-19), Companhia Siderurgica Nacional's current stock price is MXN21.50. Companhia Siderurgica Nacional's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was MXN5.84. Companhia Siderurgica Nacional's Cyclically Adjusted Price-to-FCF of today is 3.68.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Companhia Siderurgica Nacional was 203.13. The lowest was 2.69. And the median was 15.20.


Companhia Siderurgica Nacional  (MEX:SID N) 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.

Companhia Siderurgica Nacional's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=21.50/5.84
=3.68

* 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 Companhia Siderurgica Nacional was 203.13. The lowest was 2.69. And the median was 15.20.


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.


Companhia Siderurgica Nacional Cyclically Adjusted FCF per Share Related Terms


Companhia Siderurgica Nacional Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Companhia Siderurgica Nacional'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.

Companhia Siderurgica Nacional Cyclically Adjusted FCF per Share Chart

Companhia Siderurgica Nacional Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.61 6.86 6.07 10.65 6.16

Companhia Siderurgica Nacional Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 8.46 7.87 8.29 6.16 5.84

MEX:SID N vs NUE, STLD, RS: Cyclically Adjusted FCF per Share Comparison

For the Steel subindustry, Companhia Siderurgica Nacional'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.


Companhia Siderurgica Nacional Cyclically Adjusted Price-to-FCF vs Steel Industry

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

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


MEX:SID N
54GF Score
Companhia Siderurgica Nacional MEX:SID N
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Companhia Siderurgica Nacional 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, Companhia Siderurgica Nacional's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-4.946/175.0655*175.0655
=-4.946

Current CPI (Mar. 2026) = 175.0655.

Companhia Siderurgica Nacional Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -1.030 108.851 -1.657
201609 0.525 109.986 0.836
201612 0.225 110.802 0.355
201703 -1.300 111.869 -2.034
201706 -2.530 112.115 -3.951
201709 1.267 112.777 1.967
201712 0.588 114.068 0.902
201803 0.963 114.868 1.468
201806 0.285 117.038 0.426
201809 1.577 117.881 2.342
201812 0.370 118.340 0.547
201903 3.193 120.124 4.653
201906 1.004 120.977 1.453
201909 4.280 121.292 6.177
201912 0.909 123.436 1.289
202003 0.394 124.092 0.556
202006 3.654 123.557 5.177
202009 9.548 125.095 13.362
202012 9.596 129.012 13.021
202103 8.102 131.660 10.773
202106 -6.099 133.871 -7.976
202109 31.133 137.913 39.520
202112 1.008 141.992 1.243
202203 -13.726 146.537 -16.398
202206 6.123 149.784 7.156
202209 6.639 147.800 7.864
202212 -8.710 150.207 -10.151
202303 -0.474 153.352 -0.541
202306 0.520 154.519 0.589
202309 7.391 155.464 8.323
202312 0.240 157.148 0.267
202403 -3.519 159.372 -3.866
202406 2.335 161.052 2.538
202409 5.782 162.342 6.235
202412 3.840 164.740 4.081
202503 -6.110 168.102 -6.363
202506 -4.037 169.670 -4.165
202509 -2.689 170.739 -2.757
202512 -5.001 171.765 -5.097
202603 -4.946 175.066 -4.946

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

What does a Cyclically Adjusted FCF per Share of MXN5.84 mean?
Companhia Siderurgica Nacional (MEX:SID N) has a Cyclically Adjusted FCF per Share of MXN5.84 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Companhia Siderurgica Nacional and its competitors.
Is Companhia Siderurgica Nacional's Cyclically Adjusted FCF per Share too high?
Companhia Siderurgica Nacional's current Cyclically Adjusted FCF per Share is MXN5.84. Overall, Companhia Siderurgica Nacional has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Companhia Siderurgica Nacional's Cyclically Adjusted FCF per Share compare to NUE and STLD?
Companhia Siderurgica Nacional's Cyclically Adjusted FCF per Share of MXN5.84 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Steel company?
A good Cyclically Adjusted FCF per Share depends on the Steel industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Companhia Siderurgica Nacional and its competitors. Companhia Siderurgica Nacional's current Cyclically Adjusted FCF per Share is MXN5.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Companhia Siderurgica Nacional stock overvalued right now?
Companhia Siderurgica Nacional (MEX:SID N) has a current Cyclically Adjusted FCF per Share of MXN5.84. The stock's GF Value™ is MXN48.32, compared to a current price of MXN21.50 — trading 55.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN5.84. Companhia Siderurgica Nacional's overall GF Score™ is 54/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Companhia Siderurgica Nacional (MEX:SID N), the current Cyclically Adjusted FCF per Share is MXN5.84 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Companhia Siderurgica Nacional (MEX:SID N) Overvalued in 2026?

Based on GuruFocus' analysis, Companhia Siderurgica Nacional stock appears to be undervalued. The current stock price of MXN21.50 is trading 55.5% below its estimated GF Value™ of MXN48.32.

Key valuation signals for MEX:SID N:

  • Cyclically Adjusted FCF per Share: MXN5.84
  • GF Value™: MXN48.32 vs. price of MXN21.50 (55.5% below fair value)
  • GF Score™: 54/100 with 7 warning signs

No single metric tells the full story. See the MEX:SID N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Companhia Siderurgica Nacional Business Description

Address Avenue Brigadeiro Faria Lima, 3400, 20th Floor, Itaim Bibi, Sao Paulo, SP, BRA, 04538-132
Companhia Siderurgica Nacional is an integrated steel producer. together with its subsidiaries operates in five main business segments: Steel industry: production and marketing of flat and long steels; Mining: extraction, processing and marketing of iron ore, tin, limestone and dolomite; Cement: production and commercialization of bagged and bulk cement, in addition to aggregates, concrete, and other related products; Energy: generation and sale of energy from almost all renewable sources; and Logistics: participations port concessions and fleets of road transport vehicles. The group generates the majority of its revenue from the Steel industry segment. Geographically, it derives a majority of revenue from Asia.
54GF Score

Get the complete analysis for MEX:SID N

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN21.50
Price
MXN48.32
GF Value