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Tecnoglass (STU:7FH) Cyclically Adjusted FCF per Share : €0.32 (As of Mar. 2024)


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What is Tecnoglass 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.

Tecnoglass's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.461. 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 €0.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tecnoglass's average Cyclically Adjusted FCF Growth Rate was 41.70% 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.

As of today (2024-06-06), Tecnoglass's current stock price is €46.07. Tecnoglass's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.32. Tecnoglass's Cyclically Adjusted Price-to-FCF of today is 143.97.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Tecnoglass was 856.33. The lowest was 124.42. And the median was 191.13.


Tecnoglass Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Tecnoglass'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.

Tecnoglass Cyclically Adjusted FCF per Share Chart

Tecnoglass 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 - - - 0.16 0.30

Tecnoglass 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 0.22 0.18 0.24 0.30 0.32

Competitive Comparison of Tecnoglass's Cyclically Adjusted FCF per Share

For the Building Materials subindustry, Tecnoglass'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.


Tecnoglass's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

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

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



Tecnoglass 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, Tecnoglass'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)
=0.461/131.7762*131.7762
=0.461

Current CPI (Mar. 2024) = 131.7762.

Tecnoglass Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.055 100.560 -1.383
201409 -0.241 100.428 -0.316
201412 0.271 99.070 0.360
201503 0.019 99.621 0.025
201506 -0.302 100.684 -0.395
201509 -0.002 100.392 -0.003
201512 -0.099 99.792 -0.131
201603 -0.263 100.470 -0.345
201606 0.176 101.688 0.228
201609 -0.271 101.861 -0.351
201612 0.194 101.863 0.251
201703 0.247 102.862 0.316
201706 -0.039 103.349 -0.050
201709 -0.125 104.136 -0.158
201712 0.102 104.011 0.129
201803 -0.240 105.290 -0.300
201806 -0.001 106.317 -0.001
201809 -0.112 106.507 -0.139
201812 -0.034 105.998 -0.042
201903 -0.202 107.251 -0.248
201906 0.054 108.070 0.066
201909 -0.081 108.329 -0.099
201912 0.229 108.420 0.278
202003 -0.116 108.902 -0.140
202006 0.449 108.767 0.544
202009 0.366 109.815 0.439
202012 0.280 109.897 0.336
202103 0.404 111.754 0.476
202106 0.328 114.631 0.377
202109 0.338 115.734 0.385
202112 0.092 117.630 0.103
202203 0.340 121.301 0.369
202206 0.374 125.017 0.394
202209 0.181 125.227 0.190
202212 0.501 125.222 0.527
202303 0.539 127.348 0.558
202306 -0.429 128.729 -0.439
202309 0.531 129.860 0.539
202312 0.556 129.419 0.566
202403 0.461 131.776 0.461

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


Tecnoglass  (STU:7FH) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=46.07/0.32
=143.97

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of Tecnoglass was 856.33. The lowest was 124.42. And the median was 191.13.


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.


Tecnoglass Cyclically Adjusted FCF per Share Related Terms

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


Tecnoglass (STU:7FH) Business Description

Industry
Traded in Other Exchanges
Address
Avenida Circunvalar a 100 mts de la Via 40, Barrio Las Flores, Barranquilla, COL
Tecnoglass Inc designs, manufactures, distributes, and markets architectural glass and windows. The company's products portfolio includes tempered, laminated, insulating and Solar Control Low-E glass. Its products are installed at hotels, residential buildings, commercial and corporate centers, airports and hospitals as floating facades, curtain walls, windows, doors, handrails, interior and dividers. Its majority of revenue is derived from the sale and installation of architectural glass and windows in the United States.

Tecnoglass (STU:7FH) Headlines

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