TWIRF (Tree Island Steel) Cyclically Adjusted FCF per Share: $0.28 (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.

TWIRF Tree Island Steel Ltd TWIRF
54 GF Score
Price $1.59
GF Value $1.42
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Tree Island Steel Cyclically Adjusted FCF per Share?

Tree Island Steel TWIRF +4.61% 54 Cyclically Adjusted FCF per Share is $0.28 as of Mar. 2026. GuruFocus rates TWIRF with a GF Score™ of 54/100 and a GF Value™ of $1.42 (Modestly Overvalued). The stock has 4 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.

Tree Island Steel's adjusted free cash flow per share for the three months ended in Mar. 2026 was $-0.019. 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 $0.28 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tree Island Steel's average Cyclically Adjusted FCF Growth Rate was -13.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 64.60% 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 Tree Island Steel was 133.10% per year. The lowest was -56.70% per year. And the median was -25.80% per year.

As of today (2026-07-18), Tree Island Steel's current stock price is $1.59. Tree Island Steel's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was $0.28. Tree Island Steel's Cyclically Adjusted Price-to-FCF of today is 5.68.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Tree Island Steel was 124.33. The lowest was 5.33. And the median was 8.95.


Tree Island Steel  (OTCPK:TWIRF) 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.

Tree Island Steel's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.59/0.28
=5.68

* 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 Tree Island Steel was 124.33. The lowest was 5.33. And the median was 8.95.


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.


Tree Island Steel Cyclically Adjusted FCF per Share Related Terms


Tree Island Steel Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Tree Island Steel'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.

Tree Island Steel Cyclically Adjusted FCF per Share Chart

Tree Island Steel 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 0.08 0.21 0.29 0.28 0.28

Tree Island Steel 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 0.32 0.33 0.29 0.28 0.28

TWIRF vs NUE, STLD, RS: Cyclically Adjusted FCF per Share Comparison

For the Steel subindustry, Tree Island Steel'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.


Tree Island Steel Cyclically Adjusted Price-to-FCF vs Steel Industry

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

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


TWIRF
54GF Score
Tree Island Steel Ltd TWIRF
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tree Island Steel 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, Tree Island Steel'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)
=-0.019/132.2623*132.2623
=-0.019

Current CPI (Mar. 2026) = 132.2623.

Tree Island Steel Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.136 102.002 0.176
201609 0.079 101.765 0.103
201612 -0.120 101.449 -0.156
201703 -0.119 102.634 -0.153
201706 0.013 103.029 0.017
201709 0.019 103.345 0.024
201712 0.327 103.345 0.419
201803 -0.009 105.004 -0.011
201806 -0.050 105.557 -0.063
201809 -0.208 105.636 -0.260
201812 -0.054 105.399 -0.068
201903 0.110 106.979 0.136
201906 0.115 107.690 0.141
201909 0.242 107.611 0.297
201912 0.158 107.769 0.194
202003 0.163 107.927 0.200
202006 0.163 108.401 0.199
202009 0.289 108.164 0.353
202012 -0.057 108.559 -0.069
202103 -0.041 110.298 -0.049
202106 -0.016 111.720 -0.019
202109 0.410 112.905 0.480
202112 -0.339 113.774 -0.394
202203 -0.402 117.646 -0.452
202206 0.446 120.806 0.488
202209 0.270 120.648 0.296
202212 0.776 120.964 0.848
202303 0.297 122.702 0.320
202306 0.080 124.203 0.085
202309 0.094 125.230 0.099
202312 0.009 125.072 0.010
202403 0.026 126.258 0.027
202406 -0.134 127.522 -0.139
202409 -0.016 127.285 -0.017
202412 0.035 127.364 0.036
202503 -0.081 129.181 -0.083
202506 0.015 129.892 0.015
202509 -0.115 130.287 -0.117
202512 0.129 130.366 0.131
202603 -0.019 132.262 -0.019

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 $0.28 mean?
Tree Island Steel (TWIRF) has a Cyclically Adjusted FCF per Share of $0.28 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 Tree Island Steel and its competitors.
Is Tree Island Steel's Cyclically Adjusted FCF per Share too high?
Tree Island Steel's current Cyclically Adjusted FCF per Share is $0.28. Overall, Tree Island Steel has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tree Island Steel's Cyclically Adjusted FCF per Share compare to NUE and STLD?
Tree Island Steel's Cyclically Adjusted FCF per Share of $0.28 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 Tree Island Steel and its competitors. Tree Island Steel's current Cyclically Adjusted FCF per Share is $0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tree Island Steel stock overvalued right now?
Based on GuruFocus' analysis, Tree Island Steel (TWIRF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.42, compared to a current price of $1.59 — trading 12% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $0.28. Tree Island Steel's overall GF Score™ is 54/100 with 4 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 Tree Island Steel (TWIRF), the current Cyclically Adjusted FCF per Share is $0.28 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 Tree Island Steel (TWIRF) Overvalued in 2026?

Based on GuruFocus' analysis, Tree Island Steel stock appears to be overvalued. The current stock price of $1.59 is trading 12% above its estimated GF Value™ of $1.42. GuruFocus considers Tree Island Steel to be Modestly Overvalued.

Key valuation signals for TWIRF:

  • Cyclically Adjusted FCF per Share: $0.28
  • GF Value™: $1.42 vs. price of $1.59 (12% above fair value)
  • GF Score™: 54/100 with 4 warning signs

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


Tree Island Steel Business Description

Other Exchanges TSL:Canada
Address 3933 Boundary Road, Richmond, BC, CAN, V6V 1T8
Tree Island Steel Ltd is engaged in the manufacturing and sale of steel wire and fabricated steel wire products for a range of applications. It offers products such as bulk nails, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated steel products. These products are offered under Tree Island, TI Wire, ToughStrand, ToughPanel, Halsteel, TrueSpec, and K-Lath brands. Tree Island groups its products into the following: Industrial, Commercial Construction, Agricultural, and Residential Construction, of which maximum revenue is generated from the Industrial category. Geographically, the company generates maximum revenue from Canada, and the rest from the United States, and other International markets.
54GF Score

Get the complete analysis for TWIRF

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

$1.59
Price
$1.42
GF Value