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Izhstal PAO (MIC:IGSTP) Cyclically Adjusted Price-to-FCF : (As of Dec. 14, 2024)


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What is Izhstal PAO Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Izhstal PAO Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Izhstal PAO'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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Izhstal PAO Cyclically Adjusted Price-to-FCF Chart

Izhstal PAO Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Price-to-FCF
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Izhstal PAO Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
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Competitive Comparison of Izhstal PAO's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Izhstal PAO'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.


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

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

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



Izhstal PAO 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.

Izhstal PAO's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec21 is calculated as:

For example, Izhstal PAO's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec21 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec21 (Change)*Current CPI (Dec21)
=-2101.694/207.2000*207.2000
=-2,101.694

Current CPI (Dec21) = 207.2000.

Izhstal PAO Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 804.478 117.300 1,421.039
201312 -311.434 124.900 -516.646
201412 -1,107.089 139.000 -1,650.279
201512 -294.587 157.000 -388.780
201612 115.903 165.400 145.194
201712 744.983 169.600 910.144
201812 1,287.250 176.800 1,508.587
201912 3,264.402 182.200 3,712.317
202012 1,781.172 191.100 1,931.234
202112 -2,101.694 207.200 -2,101.694

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.


Izhstal PAO  (MIC:IGSTP) 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.


Izhstal PAO Cyclically Adjusted Price-to-FCF Related Terms

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Izhstal PAO Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Izhstal PAO (MIC:IGSTP) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Novoazhimova street, 6, Udmurt Republic, Izhevsk, RUS, 426006
Izhstal PAO is a specialty steel and stainless long products manufacturers. It serves a diverse range of markets including aircraft, defense, automotive, agricultural, power, oil and gas and construction industries. The company produces billets, flat and long rolls, structural shapes and sections, rebar, a wide assortment of hardware, stampings and forgings of carbon, construction, engineering, high-speed, stainless, corrosion-resistant and other specialty steels and alloys.

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