GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tronox Holdings PLC (STU:T5X) » Definitions » Cyclically Adjusted Price-to-FCF

Tronox Holdings (STU:T5X) Cyclically Adjusted Price-to-FCF : 17.12 (As of May. 22, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Tronox Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Tronox Holdings's current share price is €17.80. Tronox Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.04. Tronox Holdings's Cyclically Adjusted Price-to-FCF for today is 17.12.

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

STU:T5X' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.25   Med: 22.73   Max: 193
Current: 17.55

During the past years, Tronox Holdings's highest Cyclically Adjusted Price-to-FCF was 193.00. The lowest was 7.25. And the median was 22.73.

STU:T5X's Cyclically Adjusted Price-to-FCF is ranked better than
63.24% of 544 companies
in the Chemicals industry
Industry Median: 25.36 vs STU:T5X: 17.55

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.

Tronox Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.614. 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 €1.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tronox Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tronox Holdings'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.

Tronox Holdings Cyclically Adjusted Price-to-FCF Chart

Tronox Holdings 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 17.22 20.39 23.28 10.51 12.80

Tronox Holdings 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 11.33 9.92 11.72 12.80 15.63

Competitive Comparison of Tronox Holdings's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Tronox Holdings'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.


Tronox Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tronox Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Tronox Holdings 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=17.80/1.04
=17.12

* 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.

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

For example, Tronox Holdings'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)
=-0.614/131.7762*131.7762
=-0.614

Current CPI (Mar. 2024) = 131.7762.

Tronox Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.071 100.560 0.093
201409 0.102 100.428 0.134
201412 -0.204 99.070 -0.271
201503 -0.777 99.621 -1.028
201506 0.131 100.684 0.171
201509 -0.123 100.392 -0.161
201512 1.175 99.792 1.552
201603 -0.248 100.470 -0.325
201606 0.352 101.688 0.456
201609 0.399 101.861 0.516
201612 0.473 101.863 0.612
201703 0.312 102.862 0.400
201706 0.408 103.349 0.520
201709 0.295 104.136 0.373
201712 0.300 104.011 0.380
201803 -0.212 105.290 -0.265
201806 0.054 106.317 0.067
201809 0.570 106.507 0.705
201812 -0.050 105.998 -0.062
201903 0.100 107.251 0.123
201906 0.135 108.070 0.165
201909 0.568 108.329 0.691
201912 0.742 108.420 0.902
202003 -0.416 108.902 -0.503
202006 0.347 108.767 0.420
202009 0.217 109.815 0.260
202012 0.740 109.897 0.887
202103 0.420 111.754 0.495
202106 0.783 114.631 0.900
202109 1.021 115.734 1.163
202112 0.276 117.630 0.309
202203 0.489 121.301 0.531
202206 -0.400 125.017 -0.422
202209 0.161 125.227 0.169
202212 0.770 125.222 0.810
202303 -1.026 127.348 -1.062
202306 0.477 128.729 0.488
202309 -0.221 129.860 -0.224
202312 0.298 129.419 0.303
202403 -0.614 131.776 -0.614

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.


Tronox Holdings  (STU:T5X) 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.


Tronox Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Tronox Holdings (STU:T5X) Business Description

Industry
Traded in Other Exchanges
Address
263 Tresser Boulevard, Suite 1100, Stamford, CT, USA, 06901
Tronox Holdings PLC is a vertically integrated manufacturer of TiO2 pigment. It operates titanium-bearing mineral sand mines and beneficiation and smelting operations in Australia & South Africa to produce feedstock materials that can be processed into TiO2 for pigment, high-purity titanium chemicals, including titanium tetrachloride, and ultrafine TiO2 used in certain specialty applications. TiO2 and titanium feedstock, are used to produce paints and coatings, as well as plastics, paper, and printing ink. It has three pigment production facilities in the United States, the Netherlands, and Western Australia and three mining operations in Western Australia and South Africa. North America, Europe, the Middle East, and Africa, and Asia-Pacific regions contribute the vast majority of revenue.

Tronox Holdings (STU:T5X) Headlines

No Headlines