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Saudi Steel Pipe Co (SAU:1320) Cyclically Adjusted Price-to-FCF : 60.27 (As of Jun. 20, 2024)


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What is Saudi Steel Pipe Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-20), Saudi Steel Pipe Co's current share price is ﷼67.50. Saudi Steel Pipe Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ﷼1.12. Saudi Steel Pipe Co's Cyclically Adjusted Price-to-FCF for today is 60.27.

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

SAU:1320' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.23   Med: 100.74   Max: 736.25
Current: 60.36

During the past years, Saudi Steel Pipe Co's highest Cyclically Adjusted Price-to-FCF was 736.25. The lowest was 25.23. And the median was 100.74.

SAU:1320's Cyclically Adjusted Price-to-FCF is ranked worse than
87.92% of 265 companies
in the Steel industry
Industry Median: 13.18 vs SAU:1320: 60.36

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.

Saudi Steel Pipe Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ﷼-0.645. 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 ﷼1.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saudi Steel Pipe Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Saudi Steel Pipe Co'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.

Saudi Steel Pipe Co Cyclically Adjusted Price-to-FCF Chart

Saudi Steel Pipe Co 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 - 102.68 363.56 66.11 27.49

Saudi Steel Pipe Co 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 51.01 39.71 46.63 27.49 61.07

Competitive Comparison of Saudi Steel Pipe Co's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Saudi Steel Pipe Co'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.


Saudi Steel Pipe Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

* The bar in red indicates where Saudi Steel Pipe Co's Cyclically Adjusted Price-to-FCF falls into.



Saudi Steel Pipe Co 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.

Saudi Steel Pipe Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=67.50/1.12
=60.27

* 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.

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

For example, Saudi Steel Pipe Co'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)
=-0.645/131.7762*131.7762
=-0.645

Current CPI (Mar. 2024) = 131.7762.

Saudi Steel Pipe Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.818 100.560 -1.072
201409 -0.780 100.428 -1.023
201412 0.782 99.070 1.040
201503 -0.573 99.621 -0.758
201506 1.269 100.684 1.661
201509 1.189 100.392 1.561
201512 0.090 99.792 0.119
201603 -0.400 100.470 -0.525
201606 -0.114 101.688 -0.148
201609 0.618 101.861 0.799
201612 0.825 101.863 1.067
201703 0.231 102.862 0.296
201706 0.353 103.349 0.450
201709 -0.256 104.136 -0.324
201712 0.570 104.011 0.722
201803 -0.207 105.290 -0.259
201806 -0.252 106.317 -0.312
201809 -0.594 106.507 -0.735
201812 0.313 105.998 0.389
201903 0.518 107.251 0.636
201906 0.562 108.070 0.685
201909 -1.017 108.329 -1.237
201912 0.786 108.420 0.955
202003 -0.693 108.902 -0.839
202006 0.584 108.767 0.708
202009 -1.539 109.815 -1.847
202012 2.261 109.897 2.711
202103 0.768 111.754 0.906
202106 0.371 114.631 0.426
202109 0.282 115.734 0.321
202112 -0.338 117.630 -0.379
202203 -1.201 121.301 -1.305
202206 1.745 125.017 1.839
202209 -2.204 125.227 -2.319
202212 1.386 125.222 1.459
202303 0.740 127.348 0.766
202306 0.882 128.729 0.903
202309 -0.066 129.860 -0.067
202312 4.475 129.419 4.556
202403 -0.645 131.776 -0.645

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.


Saudi Steel Pipe Co  (SAU:1320) 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.


Saudi Steel Pipe Co Cyclically Adjusted Price-to-FCF Related Terms

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


Saudi Steel Pipe Co (SAU:1320) Business Description

Industry
Traded in Other Exchanges
N/A
Address
P.O.Box 11680, Dammam, SAU, 31326
Saudi Steel Pipe Co is a Saudi Arabian company engaged in the manufacturing of steel pipes. The group operates in two segments, being the Process equipment segment which includes the design, manufacture, assemble, maintain, and market of heavy process equipment for the utilization of oil and gas, power generation, desalination, mining, solar energy, and off-shore plants, and Steel pipes segment which provides galvanized and non-galvanized steel pipes, square and rectangular pipes used in petroleum, gas, water, and construction sectors. It derives the majority of its revenue from the Steel pipes segment. The company has a market presence with the majority of the revenue generated from Saudi Arabia.

Saudi Steel Pipe Co (SAU:1320) Headlines

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