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Trinseo (STU:TR5) Cyclically Adjusted FCF per Share : €4.54 (As of Mar. 2024)


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What is Trinseo 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.

Trinseo's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-2.135. 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 €4.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Trinseo's average Cyclically Adjusted FCF Growth Rate was -4.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.50% 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 Trinseo was 14.50% per year. The lowest was 14.50% per year. And the median was 14.50% per year.

As of today (2024-05-28), Trinseo's current stock price is €3.04. Trinseo's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.54. Trinseo's Cyclically Adjusted Price-to-FCF of today is 0.67.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Trinseo was 21.73. The lowest was 0.54. And the median was 6.72.


Trinseo Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Trinseo'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.

Trinseo Cyclically Adjusted FCF per Share Chart

Trinseo 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 - 2.72 5.12 4.69 4.78

Trinseo 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 4.83 5.04 5.02 4.78 4.54

Competitive Comparison of Trinseo's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, Trinseo'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.


Trinseo's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

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

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



Trinseo 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, Trinseo'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)
=-2.135/131.7762*131.7762
=-2.135

Current CPI (Mar. 2024) = 131.7762.

Trinseo Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.105 100.560 -0.138
201409 -0.314 100.428 -0.412
201412 1.432 99.070 1.905
201503 0.288 99.621 0.381
201506 0.290 100.684 0.380
201509 1.736 100.392 2.279
201512 3.471 99.792 4.583
201603 1.069 100.470 1.402
201606 1.267 101.688 1.642
201609 2.191 101.861 2.834
201612 0.781 101.863 1.010
201703 -1.273 102.862 -1.631
201706 0.475 103.349 0.606
201709 2.315 104.136 2.929
201712 2.967 104.011 3.759
201803 0.186 105.290 0.233
201806 2.203 106.317 2.731
201809 0.489 106.507 0.605
201812 1.988 105.998 2.471
201903 2.714 107.251 3.335
201906 1.253 108.070 1.528
201909 0.389 108.329 0.473
201912 0.799 108.420 0.971
202003 -0.708 108.902 -0.857
202006 1.570 108.767 1.902
202009 0.944 109.815 1.133
202012 2.275 109.897 2.728
202103 0.846 111.754 0.998
202106 -0.834 114.631 -0.959
202109 3.734 115.734 4.252
202112 3.609 117.630 4.043
202203 -0.689 121.301 -0.749
202206 -2.930 125.017 -3.088
202209 1.690 125.227 1.778
202212 -0.547 125.222 -0.576
202303 0.630 127.348 0.652
202306 1.120 128.729 1.147
202309 0.421 129.860 0.427
202312 -0.079 129.419 -0.080
202403 -2.135 131.776 -2.135

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


Trinseo  (STU:TR5) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3.04/4.54
=0.67

* 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 Trinseo was 21.73. The lowest was 0.54. And the median was 6.72.


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.


Trinseo Cyclically Adjusted FCF per Share Related Terms

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


Trinseo (STU:TR5) Business Description

Industry
Traded in Other Exchanges
Address
440 East Swedesford Road, Suite 301, Wayne, PA, USA, 19312
Trinseo PLC is a leading global materials company and manufacturer of latex and plastics products. The company's operating segments include latex binders, feedstocks, polystyrene, Americas styrenics, engineered materials, and base plastics. The company is a global leader in styrene-butadiene latex and holds a strong market position in Europe and North America. Base plastics is the business line with the highest net sales and contains compounds and blends for automotive and other applications. Europe accounts for the highest net sales by geography and building and construction/sheet accounts for the highest net sales by end market.

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