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TORM (OCSE:TRMD A) Cyclically Adjusted Price-to-FCF : 12.52 (As of Jun. 09, 2024)


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What is TORM Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), TORM's current share price is kr255.00. TORM's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr20.36. TORM's Cyclically Adjusted Price-to-FCF for today is 12.52.

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

OCSE:TRMD A' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.75   Med: 3   Max: 14.23
Current: 12.53

During the past years, TORM's highest Cyclically Adjusted Price-to-FCF was 14.23. The lowest was 0.75. And the median was 3.00.

OCSE:TRMD A's Cyclically Adjusted Price-to-FCF is ranked better than
54.02% of 398 companies
in the Oil & Gas industry
Industry Median: 13.655 vs OCSE:TRMD A: 12.53

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.

TORM's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr-4.082. 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 kr20.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TORM Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TORM'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.

TORM Cyclically Adjusted Price-to-FCF Chart

TORM Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.78 1.01 3.69 11.87

TORM Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.08 7.49 6.34 11.87 11.51

Competitive Comparison of TORM's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Midstream subindustry, TORM'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.


TORM's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TORM's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



TORM 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=255.00/20.36
=12.52

* 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.

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

For example, TORM'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)
=-4.082/131.6000*131.6000
=-4.082

Current CPI (Mar. 2024) = 131.6000.

TORM Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 43.341 99.800 57.151
201409 -2.727 100.000 -3.589
201412 118.468 99.900 156.060
201503 -2.032 99.600 -2.685
201506 4.395 100.100 5.778
201509 5.205 100.200 6.836
201512 -10.277 100.400 -13.471
201603 0.724 100.400 0.949
201606 2.593 101.000 3.379
201609 2.181 101.500 2.828
201612 0.004 102.200 0.005
201703 1.055 102.700 1.352
201706 2.766 103.500 3.517
201709 -8.210 104.300 -10.359
201712 1.109 105.000 1.390
201803 -5.489 105.100 -6.873
201806 -1.847 105.900 -2.295
201809 0.138 106.600 0.170
201812 -6.992 107.100 -8.591
201903 2.628 107.000 3.232
201906 -3.686 107.900 -4.496
201909 -11.502 108.400 -13.964
201912 -6.882 108.500 -8.347
202003 -1.691 108.600 -2.049
202006 5.837 108.800 7.060
202009 2.864 109.200 3.451
202012 -1.459 109.400 -1.755
202103 -2.620 109.700 -3.143
202106 -12.546 111.400 -14.821
202109 -3.920 112.400 -4.590
202112 -2.788 114.700 -3.199
202203 -2.259 116.500 -2.552
202206 5.051 120.500 5.516
202209 10.770 122.300 11.589
202212 19.454 125.300 20.432
202303 -0.033 126.800 -0.034
202306 5.857 129.400 5.957
202309 14.287 130.100 14.452
202312 3.313 130.500 3.341
202403 -4.082 131.600 -4.082

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.


TORM  (OCSE:TRMD A) 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.


TORM Cyclically Adjusted Price-to-FCF Related Terms

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


TORM (OCSE:TRMD A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TORM PLC (OCSE:TRMD A) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
20 Street Dunstan's Hill, OFFICE 105, London, GBR, EC3R 8HL
TORM PLC operates as a shipping company. The company owns and operates product tankers. It is primarily engaged in the transportation of refined oil products The company transports clean petroleum products including gasoline, jet fuel, naphtha, and diesel oil, as well as other clean products. Its segments include the Tanker segment, and Marine Exhaust segment.

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