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SSAB AB (OHEL:SSABAH) Cyclically Adjusted Price-to-FCF : 7.53 (As of Sep. 20, 2024)


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What is SSAB AB Cyclically Adjusted Price-to-FCF?

As of today (2024-09-20), SSAB AB's current share price is €4.367. SSAB AB's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was €0.58. SSAB AB's Cyclically Adjusted Price-to-FCF for today is 7.53.

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

OHEL:SSABAH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.95   Med: 10.61   Max: 18.22
Current: 7.09

During the past years, SSAB AB's highest Cyclically Adjusted Price-to-FCF was 18.22. The lowest was 5.95. And the median was 10.61.

OHEL:SSABAH's Cyclically Adjusted Price-to-FCF is ranked better than
75.93% of 216 companies
in the Steel industry
Industry Median: 12.515 vs OHEL:SSABAH: 7.09

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.

SSAB AB's adjusted free cash flow per share data for the three months ended in Jun. 2024 was €0.128. 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 €0.58 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SSAB AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SSAB AB'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.

SSAB AB Cyclically Adjusted Price-to-FCF Chart

SSAB AB 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 9.50 7.99 12.84 11.29 11.86

SSAB AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 13.60 10.16 11.86 12.06 8.78

Competitive Comparison of SSAB AB's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, SSAB AB'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.


SSAB AB's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

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



SSAB AB 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.367/0.58
=7.53

* 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.

SSAB AB's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, SSAB AB's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.128/132.7160*132.7160
=0.128

Current CPI (Jun. 2024) = 132.7160.

SSAB AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 -0.081 100.161 -0.107
201412 0.092 100.225 0.122
201503 0.047 99.950 0.062
201506 0.102 99.995 0.135
201509 -0.063 100.228 -0.083
201512 0.182 100.276 0.241
201603 -0.035 100.751 -0.046
201606 0.093 101.019 0.122
201609 0.061 101.138 0.080
201612 0.094 102.022 0.122
201703 0.059 102.022 0.077
201706 0.057 102.752 0.074
201709 0.130 103.279 0.167
201712 0.255 103.793 0.326
201803 0.027 103.962 0.034
201806 0.085 104.875 0.108
201809 0.152 105.679 0.191
201812 0.140 105.912 0.175
201903 0.062 105.886 0.078
201906 0.055 106.742 0.068
201909 0.038 107.214 0.047
201912 0.066 107.766 0.081
202003 -0.061 106.563 -0.076
202006 -0.005 107.498 -0.006
202009 0.007 107.635 0.009
202012 0.270 108.296 0.331
202103 0.116 108.360 0.142
202106 0.309 108.928 0.376
202109 0.266 110.338 0.320
202112 0.405 112.486 0.478
202203 0.249 114.825 0.288
202206 0.451 118.384 0.506
202209 -0.025 122.296 -0.027
202212 0.518 126.365 0.544
202303 0.185 127.042 0.193
202306 0.324 129.407 0.332
202309 0.418 130.224 0.426
202312 0.328 131.912 0.330
202403 -0.022 132.205 -0.022
202406 0.128 132.716 0.128

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.


SSAB AB  (OHEL:SSABAH) 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.


SSAB AB Cyclically Adjusted Price-to-FCF Related Terms

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


SSAB AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » SSAB AB (OHEL:SSABAH) » Definitions » Cyclically Adjusted Price-to-FCF
Address
Klarabergsviadukten 70, D6, Box 70, Stockholm, SWE, SE-101 21
SSAB is a Sweden-based company that operates through five divisions. SSAB special steels sell structural high-strength steel, wear-resistant steel, protection steel, and tool steel. SSAB Europe is a Nordic-based producer of the strip, plate, and tube products. SSAB Americas is a Northern American steel plate and coil maker. Tibnor, SSAB's subsidiary, is a Nordic distributor of steel and nonferrous metals. Ruukki Construction, another subsidiary of SSAB, is a Europe-based provider of energy-efficient building and construction solutions. Steel products represent the majority of the company's sales. SSAB primarily serves customers from heavy transport, construction, automotive, construction machinery, energy, and other sectors. SSAB generates most of its revenue from Europe and North America.

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