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TPI Composites (FRA:GX6) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is TPI Composites Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


TPI Composites Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TPI Composites'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.

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TPI Composites Cyclically Adjusted Price-to-FCF Chart

TPI Composites Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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TPI Composites Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of TPI Composites's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, TPI Composites'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.


TPI Composites's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, TPI Composites's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



TPI Composites 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.

TPI Composites's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, TPI Composites's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-2.517/129.4194*129.4194
=-2.517

Current CPI (Dec23) = 129.4194.

TPI Composites Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -1.592 99.070 -2.080
201512 0.171 99.792 0.222
201612 1.579 101.863 2.006
201712 0.722 104.011 0.898
201812 -1.366 105.998 -1.668
201912 -0.445 108.420 -0.531
202012 -0.650 109.897 -0.765
202112 -1.482 117.630 -1.631
202212 -1.825 125.222 -1.886
202312 -2.517 129.419 -2.517

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.


TPI Composites  (FRA:GX6) 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.


TPI Composites Cyclically Adjusted Price-to-FCF Related Terms

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TPI Composites (FRA:GX6) Business Description

Traded in Other Exchanges
Address
8501 North Scottsdale Road, Gainey Center II, Suite 100, Scottsdale, AZ, USA, 85253
TPI Composites Inc is engaged in manufacturing composite wind blades. The company operates in wind energy and transportation industries where it manufactures structures for a bus, rail, theme parks, and trucks. Geographically the segments are divided into the U.S, Asia, Mexico, EMEA and India where the Mexico segment derives a majority of revenue.

TPI Composites (FRA:GX6) Headlines

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