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Aisha Steel Mills (KAR:ASL) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Aisha Steel Mills Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aisha Steel Mills Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aisha Steel Mills'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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Aisha Steel Mills Cyclically Adjusted Price-to-FCF Chart

Aisha Steel Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Aisha Steel Mills 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 Aisha Steel Mills's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Aisha Steel Mills'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.


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

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

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



Aisha Steel Mills 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.

Aisha Steel Mills's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Aisha Steel Mills's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.453/131.7762*131.7762
=-0.453

Current CPI (Mar. 2024) = 131.7762.

Aisha Steel Mills Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -4.098 100.560 -5.370
201409 -3.730 100.428 -4.894
201412 -3.368 99.070 -4.480
201503 -1.579 99.621 -2.089
201506 2.049 100.684 2.682
201509 -2.440 100.392 -3.203
201512 1.337 99.792 1.766
201603 1.126 100.470 1.477
201606 -0.282 101.688 -0.365
201609 -2.218 101.861 -2.869
201612 -0.315 101.863 -0.408
201703 1.845 102.862 2.364
201706 1.198 103.349 1.528
201709 -1.858 104.136 -2.351
201712 -1.211 104.011 -1.534
201803 -0.507 105.290 -0.635
201806 -0.683 106.317 -0.847
201809 -6.221 106.507 -7.697
201812 -6.859 105.998 -8.527
201903 -2.639 107.251 -3.242
201906 0.158 108.070 0.193
201909 -0.092 108.329 -0.112
201912 2.802 108.420 3.406
202003 7.002 108.902 8.473
202006 -5.915 108.767 -7.166
202009 4.776 109.815 5.731
202012 0.301 109.897 0.361
202103 2.668 111.754 3.146
202106 -2.331 114.631 -2.680
202109 -1.414 115.734 -1.610
202112 -14.729 117.630 -16.500
202203 15.555 121.301 16.898
202206 -8.069 125.017 -8.505
202209 0.566 125.227 0.596
202212 -0.813 125.222 -0.856
202303 -0.290 127.348 -0.300
202306 2.180 128.729 2.232
202309 2.606 129.860 2.644
202312 -2.510 129.419 -2.556
202403 -0.453 131.776 -0.453

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.


Aisha Steel Mills  (KAR:ASL) 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.


Aisha Steel Mills Cyclically Adjusted Price-to-FCF Related Terms

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Aisha Steel Mills (KAR:ASL) Business Description

Industry
Traded in Other Exchanges
Address
23 M.T. Khan Road, 1st Floor, Arif Habib Center, Karachi, SD, PAK, 74000
Aisha Steel Mills Ltd is involved in manufacturing and selling cold rolled steel coils and sheets to the industrial, engineering, and manufacturing industries in Pakistan. Its product offerings include hot-dipped galvanized steel coils, cold-rolled steel coils, and others. The company geographically operates in Pakistan, North America, Middle East, Europe, Asia and Africa. The majority of revenue is derived from Pakistan.

Aisha Steel Mills (KAR:ASL) Headlines

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