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BlueScope Steel (FRA:BH5) Cyclically Adjusted Price-to-FCF : 11.53 (As of Sep. 21, 2024)


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What is BlueScope Steel Cyclically Adjusted Price-to-FCF?

As of today (2024-09-21), BlueScope Steel's current share price is €12.80. BlueScope Steel's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun24 was €1.11. BlueScope Steel's Cyclically Adjusted Price-to-FCF for today is 11.53.

The historical rank and industry rank for BlueScope Steel's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:BH5' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.63   Med: 20.15   Max: 269
Current: 11.7

During the past 13 years, BlueScope Steel's highest Cyclically Adjusted Price-to-FCF was 269.00. The lowest was 6.63. And the median was 20.15.

FRA:BH5's Cyclically Adjusted Price-to-FCF is ranked better than
53.24% of 216 companies
in the Steel industry
Industry Median: 12.33 vs FRA:BH5: 11.70

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.

BlueScope Steel's adjusted free cash flow per share data of for the fiscal year that ended in Jun24 was €0.593. 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 €1.11 for the trailing ten years ended in Jun24.

Shiller PE for Stocks: The True Measure of Stock Valuation


BlueScope Steel Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for BlueScope Steel'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.

BlueScope Steel Cyclically Adjusted Price-to-FCF Chart

BlueScope Steel Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.42 24.53 12.38 12.22 11.35

BlueScope Steel Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 12.38 - 12.22 - 11.35

Competitive Comparison of BlueScope Steel's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, BlueScope 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.


BlueScope Steel's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

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



BlueScope Steel 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.

BlueScope Steel's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.80/1.11
=11.53

* 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.

BlueScope Steel's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun24 is calculated as:

For example, BlueScope Steel's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=0.593/128.9064*128.9064
=0.593

Current CPI (Jun24) = 128.9064.

BlueScope Steel Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.183 99.838 0.236
201606 0.715 100.859 0.914
201706 0.857 102.809 1.075
201806 0.824 104.945 1.012
201906 1.480 106.617 1.789
202006 0.285 106.246 0.346
202106 1.121 110.332 1.310
202206 2.292 117.112 2.523
202306 1.778 124.170 1.846
202406 0.593 128.906 0.593

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.


BlueScope Steel  (FRA:BH5) 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.


BlueScope Steel Cyclically Adjusted Price-to-FCF Related Terms

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


BlueScope Steel Business Description

Industry
Traded in Other Exchanges
Address
181 William Street, Level 24, Melbourne, VIC, AUS, 3000
BlueScope is an Australian-based steelmaking firm with five business units. The Australian Steel Products segment mainly specializes in branded coated and painted flat steel products, sold domestically. North Star is the group's U.S. mini-mill specializing in the production of hot rolled coil for U.S. construction and automotive sectors. Building Products Asia and North America operate across Southeast Asia, China, India, and the U.S. West Coast involved in metal-coating, painting, and roll-forming. New Zealand Steel and the Pacific Islands business produces flat and long steel products for New Zealand and building components for the Pacific Islands. The Buildings North America segment specializes in non-residential buildings, including materials manufacturing and support services.

BlueScope Steel Headlines

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