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Kaiser Aluminum (STU:KLU1) Cyclically Adjusted FCF per Share : €4.30 (As of Mar. 2024)


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What is Kaiser Aluminum 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.

Kaiser Aluminum's adjusted free cash flow per share for the three months ended in Mar. 2024 was €1.888. 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 €4.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kaiser Aluminum's average Cyclically Adjusted FCF Growth Rate was 19.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -3.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 16.30% 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 Kaiser Aluminum was 69.40% per year. The lowest was -3.80% per year. And the median was 19.45% per year.

As of today (2024-06-17), Kaiser Aluminum's current stock price is €85.00. Kaiser Aluminum's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.30. Kaiser Aluminum's Cyclically Adjusted Price-to-FCF of today is 19.77.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kaiser Aluminum was 84.00. The lowest was 11.38. And the median was 30.69.


Kaiser Aluminum Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Kaiser Aluminum'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.

Kaiser Aluminum Cyclically Adjusted FCF per Share Chart

Kaiser Aluminum 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 3.67 3.93 5.18 3.94 4.13

Kaiser Aluminum 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 3.58 3.62 3.80 4.13 4.30

Competitive Comparison of Kaiser Aluminum's Cyclically Adjusted FCF per Share

For the Aluminum subindustry, Kaiser Aluminum'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.


Kaiser Aluminum's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Kaiser Aluminum's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kaiser Aluminum 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, Kaiser Aluminum'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)
=1.888/131.7762*131.7762
=1.888

Current CPI (Mar. 2024) = 131.7762.

Kaiser Aluminum Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.176 100.560 1.541
201409 0.954 100.428 1.252
201412 0.026 99.070 0.035
201503 -0.208 99.621 -0.275
201506 1.435 100.684 1.878
201509 2.211 100.392 2.902
201512 1.387 99.792 1.832
201603 -0.227 100.470 -0.298
201606 1.688 101.688 2.187
201609 0.985 101.861 1.274
201612 2.118 101.863 2.740
201703 -0.568 102.862 -0.728
201706 2.282 103.349 2.910
201709 2.053 104.136 2.598
201712 -0.469 104.011 -0.594
201803 0.305 105.290 0.382
201806 2.117 106.317 2.624
201809 0.572 106.507 0.708
201812 0.871 105.998 1.083
201903 0.497 107.251 0.611
201906 1.711 108.070 2.086
201909 4.088 108.329 4.973
201912 3.291 108.420 4.000
202003 1.770 108.902 2.142
202006 1.789 108.767 2.167
202009 2.697 109.815 3.236
202012 2.140 109.897 2.566
202103 -1.077 111.754 -1.270
202106 0.388 114.631 0.446
202109 0.885 115.734 1.008
202112 1.005 117.630 1.126
202203 -1.523 121.301 -1.655
202206 -0.690 125.017 -0.727
202209 -6.459 125.227 -6.797
202212 -3.827 125.222 -4.027
202303 -3.563 127.348 -3.687
202306 1.527 128.729 1.563
202309 3.039 129.860 3.084
202312 2.894 129.419 2.947
202403 1.888 131.776 1.888

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


Kaiser Aluminum  (STU:KLU1) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=85.00/4.3
=19.77

* 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 Kaiser Aluminum was 84.00. The lowest was 11.38. And the median was 30.69.


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.


Kaiser Aluminum Cyclically Adjusted FCF per Share Related Terms

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


Kaiser Aluminum (STU:KLU1) Business Description

Traded in Other Exchanges
Address
1550 West McEwen Drive, Suite 500, Franklin, TN, USA, 37067
Kaiser Aluminum Corp produces and sells semi-fabricated specialty aluminum products primarily to industrial customers. The company purchases primary and scrap aluminum, primarily from its five largest suppliers, and processes it into specialized value-added products. It hedges its aluminum costs in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. Kaiser produces high-strength aluminum products for the aerospace industry, specialized aluminum extrusions for the automotive industry, and also sells products to customers in the general engineering industry. Nearly all of Kaiser's revenue is generated in the US, with the remainder coming from Canada. The company's operations are also located in the U.S. and Canada.

Kaiser Aluminum (STU:KLU1) Headlines

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