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Indian Metals & Ferro Alloys (BOM:533047) Cyclically Adjusted Price-to-FCF : 16.05 (As of Jun. 25, 2024)


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What is Indian Metals & Ferro Alloys Cyclically Adjusted Price-to-FCF?

As of today (2024-06-25), Indian Metals & Ferro Alloys's current share price is ₹781.55. Indian Metals & Ferro Alloys's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 was ₹48.68. Indian Metals & Ferro Alloys's Cyclically Adjusted Price-to-FCF for today is 16.05.

The historical rank and industry rank for Indian Metals & Ferro Alloys's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BOM:533047' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.71   Med: 10.84   Max: 16.37
Current: 16.37

During the past 13 years, Indian Metals & Ferro Alloys's highest Cyclically Adjusted Price-to-FCF was 16.37. The lowest was 4.71. And the median was 10.84.

BOM:533047's Cyclically Adjusted Price-to-FCF is ranked worse than
58.87% of 265 companies
in the Steel industry
Industry Median: 13.14 vs BOM:533047: 16.37

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.

Indian Metals & Ferro Alloys's adjusted free cash flow per share data of for the fiscal year that ended in Mar24 was ₹73.861. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ₹48.68 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indian Metals & Ferro Alloys Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Indian Metals & Ferro Alloys's Cyclically Adjusted Price-to-FCF 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.

Indian Metals & Ferro Alloys Cyclically Adjusted Price-to-FCF Chart

Indian Metals & Ferro Alloys Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.74 11.08 11.29 6.68 13.15

Indian Metals & Ferro Alloys Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 6.68 - - - 13.15

Competitive Comparison of Indian Metals & Ferro Alloys's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Indian Metals & Ferro Alloys'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.


Indian Metals & Ferro Alloys's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Indian Metals & Ferro Alloys's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Indian Metals & Ferro Alloys's Cyclically Adjusted Price-to-FCF falls into.



Indian Metals & Ferro Alloys Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Indian Metals & Ferro Alloys's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=781.55/48.68
=16.05

* 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.

Indian Metals & Ferro Alloys's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Indian Metals & Ferro Alloys's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=73.861/153.0345*153.0345
=73.861

Current CPI (Mar24) = 153.0345.

Indian Metals & Ferro Alloys Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 19.671 97.163 30.982
201603 22.045 102.518 32.908
201703 83.885 105.196 122.032
201803 31.360 109.786 43.714
201903 20.727 118.202 26.835
202003 23.225 124.705 28.501
202103 31.760 131.771 36.885
202203 56.140 138.822 61.888
202303 27.976 146.865 29.151
202403 73.861 153.035 73.861

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


Indian Metals & Ferro Alloys  (BOM:533047) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Indian Metals & Ferro Alloys Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Indian Metals & Ferro Alloys's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Indian Metals & Ferro Alloys (BOM:533047) Business Description

Traded in Other Exchanges
Address
IMFA Building, Bomikhal, P.O. Rasulgarh, Bhubaneswar, OR, IND, 751010
Indian Metals & Ferro Alloys Ltd operates in the ferroalloys business. Its business activity primarily functions through Ferro Alloys, Power, Mining, and Other segments. The company generates maximum revenue from Ferro Alloys segment. Its Ferro Alloys segment focuses on ferro chrome, which imparts the non-corrosive property to stainless steel. Geographically, it derives a majority of revenue from Outside India.

Indian Metals & Ferro Alloys (BOM:533047) Headlines

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