Crescent Steel & Allied Products (KAR:CSAP) Cyclically Adjusted Price-to-FCF: (As of Aug. 09, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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KAR:CSAP Crescent Steel & Allied Products Ltd KAR:CSAP
60 GF Score
Price ₨106.00
GF Value ₨70.60
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Crescent Steel & Allied Products Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Crescent Steel & Allied Products  (KAR:CSAP) 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.


Crescent Steel & Allied Products Cyclically Adjusted Price-to-FCF Related Terms


Crescent Steel & Allied Products Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Crescent Steel & Allied Products'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.

Crescent Steel & Allied Products Cyclically Adjusted Price-to-FCF Chart

Crescent Steel & Allied Products Annual Data
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Cyclically Adjusted Price-to-FCF
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Crescent Steel & Allied Products Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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KAR:CSAP vs NUE, STLD, RS: Cyclically Adjusted Price-to-FCF Comparison

For the Steel subindustry, Crescent Steel & Allied Products'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.


Crescent Steel & Allied Products Cyclically Adjusted Price-to-FCF vs Steel Industry

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

* The bar in red indicates where Crescent Steel & Allied Products's Cyclically Adjusted Price-to-FCF falls into.


KAR:CSAP
60GF Score
Crescent Steel & Allied Products Ltd KAR:CSAP
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Crescent Steel & Allied Products 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.

Crescent Steel & Allied Products's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Crescent Steel & Allied Products'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)
=-13.854/330.2130*330.2130
=-13.854

Current CPI (Mar. 2026) = 330.2130.

Crescent Steel & Allied Products Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -12.013 241.018 -16.459
201609 5.084 241.428 6.954
201612 15.701 241.432 21.475
201703 -12.165 243.801 -16.477
201706 -13.373 244.955 -18.028
201709 -15.919 246.819 -21.298
201712 23.072 246.524 30.904
201803 8.885 249.554 11.757
201806 -0.015 251.989 -0.020
201809 -16.303 252.439 -21.326
201812 2.736 251.233 3.596
201903 6.302 254.202 8.186
201906 6.236 256.143 8.039
201909 2.418 256.759 3.110
201912 -3.497 256.974 -4.494
202003 -7.944 258.115 -10.163
202006 -9.140 257.797 -11.707
202009 11.199 260.280 14.208
202012 1.829 260.474 2.319
202103 -2.832 264.877 -3.531
202106 2.270 271.696 2.759
202109 -4.262 274.310 -5.131
202112 -5.002 278.802 -5.924
202203 -10.560 287.504 -12.129
202206 19.564 296.311 21.802
202209 -4.692 296.808 -5.220
202212 -9.613 296.797 -10.695
202303 6.799 301.836 7.438
202306 -4.365 305.109 -4.724
202309 -8.139 307.789 -8.732
202312 6.086 306.746 6.552
202403 -12.177 312.332 -12.874
202406 17.840 314.175 18.751
202409 1.951 315.301 2.043
202412 -21.689 315.605 -22.693
202503 17.961 319.799 18.546
202506 -26.803 322.561 -27.439
202509 4.115 324.800 4.184
202512 27.233 324.054 27.751
202603 -13.854 330.213 -13.854

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.

Is Crescent Steel & Allied Products (KAR:CSAP) Overvalued in 2026?

Based on GuruFocus' analysis, Crescent Steel & Allied Products stock appears to be overvalued. The current stock price of ₨106.00 is trading 50.1% above its estimated GF Value™ of ₨70.60. GuruFocus considers Crescent Steel & Allied Products to be Significantly Overvalued.

Key valuation signals for KAR:CSAP:

  • Cyclically Adjusted Price-to-FCF:
  • GF Value™: ₨70.60 vs. price of ₨106.00 (50.1% above fair value)
  • GF Score™: 60/100 with 7 warning signs

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


Crescent Steel & Allied Products Business Description

Address 9th Floor, Sidco Avenue Centre, 264 R.A. Lines, Karachi, SD, PAK, 74200
Crescent Steel & Allied Products Ltd has diversified businesses. The company's operating segment includes Steel; Cotton; and CS Energy Segment. The steel segment comprises of manufacturing and coating of steel pipes which generates maximum revenue for the company. Geographically, it derives a majority of revenue from Pakistan.
60GF Score

Get the complete analysis for KAR:CSAP

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

₨106.00
Price
₨70.60
GF Value