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Trex Co (STU:TRR) Cyclically Adjusted FCF per Share : €0.66 (As of Dec. 2024)


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What is Trex 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.

Trex Co's adjusted free cash flow per share for the three months ended in Dec. 2024 was €-0.833. 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 €0.66 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Trex Co's average Cyclically Adjusted FCF Growth Rate was -13.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 21.30% 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 Trex Co was 95.70% per year. The lowest was 5.40% per year. And the median was 26.00% per year.

As of today (2025-05-07), Trex Co's current stock price is €51.00. Trex Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was €0.66. Trex Co's Cyclically Adjusted Price-to-FCF of today is 77.27.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Trex Co was 329.76. The lowest was 55.20. And the median was 101.33.


Trex Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Trex 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.

Trex Co Cyclically Adjusted FCF per Share Chart

Trex 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 0.39 0.51 0.56 0.72 0.66

Trex Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.72 0.64 0.71 0.70 0.66

Competitive Comparison of Trex Co's Cyclically Adjusted FCF per Share

For the Building Products & Equipment subindustry, Trex 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.


Trex Co's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Trex Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Trex 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, Trex Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.833/133.1571*133.1571
=-0.833

Current CPI (Dec. 2024) = 133.1571.

Trex Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -0.649 99.621 -0.867
201506 0.333 100.684 0.440
201509 0.253 100.392 0.336
201512 0.337 99.792 0.450
201603 -0.650 100.470 -0.861
201606 0.738 101.688 0.966
201609 0.481 101.861 0.629
201612 -0.035 101.863 -0.046
201703 -0.718 102.862 -0.929
201706 0.631 103.349 0.813
201709 0.629 104.136 0.804
201712 0.036 104.011 0.046
201803 -0.709 105.290 -0.897
201806 0.610 106.317 0.764
201809 0.820 106.507 1.025
201812 0.079 105.998 0.099
201903 -0.892 107.251 -1.107
201906 1.075 108.070 1.325
201909 0.295 108.329 0.363
201912 0.208 108.420 0.255
202003 -1.020 108.902 -1.247
202006 0.280 108.767 0.343
202009 0.057 109.815 0.069
202012 0.719 109.897 0.871
202103 -1.453 111.754 -1.731
202106 0.629 114.631 0.731
202109 0.747 115.734 0.859
202112 0.842 117.630 0.953
202203 0.408 121.301 0.448
202206 0.600 125.017 0.639
202209 0.118 125.227 0.125
202212 -0.832 125.222 -0.885
202303 -1.326 127.348 -1.386
202306 1.527 128.729 1.580
202309 1.292 129.860 1.325
202312 0.405 129.419 0.417
202403 -1.791 131.776 -1.810
202406 1.351 132.554 1.357
202409 0.453 133.029 0.453
202412 -0.833 133.157 -0.833

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


Trex Co  (STU:TRR) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=51.00/0.66
=77.27

* 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 Trex Co was 329.76. The lowest was 55.20. And the median was 101.33.


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.


Trex Co Cyclically Adjusted FCF per Share Related Terms

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


Trex Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Trex Co Inc (STU:TRR) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
2500 Trex Way, Winchester, VA, USA, 22601
Trex Co Inc is a manufacturer of wooden alternative decking products. The company offers outdoor products in the decking, railing, porch, fencing, trim, steel deck framing, and outdoor lighting categories. Its products are sold under the Trex brand and manufactured in the United States. Further, the company licenses its Trex brand to third parties to manufacture and sell products under the Trex trademark. The distribution is focused on wholesale distributors and retail lumber dealers, which in turn sell Trex products to homeowners and contractors, with an emphasis on professional contractors, remodelers, and homebuilders. The company operates in one reportable segment i.e. Trex Residential.

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