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TPIC (TPI Composites) Cyclically Adjusted Price-to-FCF : (As of Dec. 13, 2024)


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What is TPI Composites Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


TPI Composites Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TPI Composites'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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TPI Composites Cyclically Adjusted Price-to-FCF Chart

TPI Composites Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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TPI Composites Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of TPI Composites's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, TPI Composites'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.


TPI Composites's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, TPI Composites's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



TPI Composites 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.

TPI Composites's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, TPI Composites's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.118/133.0289*133.0289
=-0.118

Current CPI (Sep. 2024) = 133.0289.

TPI Composites Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.000 99.070 0.000
201503 -0.368 99.621 -0.491
201506 -0.394 100.684 -0.521
201509 -0.053 100.392 -0.070
201512 1.001 99.792 1.334
201603 -0.453 100.470 -0.600
201606 0.243 101.688 0.318
201609 0.480 101.861 0.627
201612 0.601 101.863 0.785
201703 -0.206 102.862 -0.266
201706 0.181 103.349 0.233
201709 0.257 104.136 0.328
201712 0.614 104.011 0.785
201803 -0.416 105.290 -0.526
201806 -0.733 106.317 -0.917
201809 0.175 106.507 0.219
201812 -0.622 105.998 -0.781
201903 -0.882 107.251 -1.094
201906 -0.233 108.070 -0.287
201909 1.221 108.329 1.499
201912 -0.596 108.420 -0.731
202003 -0.693 108.902 -0.847
202006 -1.264 108.767 -1.546
202009 1.322 109.815 1.601
202012 -0.237 109.897 -0.287
202103 -0.329 111.754 -0.392
202106 -0.495 114.631 -0.574
202109 -0.757 115.734 -0.870
202112 -0.109 117.630 -0.123
202203 -2.066 121.301 -2.266
202206 0.462 125.017 0.492
202209 -0.701 125.227 -0.745
202212 0.369 125.222 0.392
202303 -2.061 127.348 -2.153
202306 0.146 128.729 0.151
202309 -0.489 129.860 -0.501
202312 -0.354 129.419 -0.364
202403 -1.002 131.776 -1.012
202406 -0.927 132.554 -0.930
202409 -0.118 133.029 -0.118

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.


TPI Composites  (NAS:TPIC) 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.


TPI Composites Cyclically Adjusted Price-to-FCF Related Terms

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


TPI Composites Business Description

Traded in Other Exchanges
Address
9200 East Pima Center Parkway, Suite 250, Scottsdale, AZ, USA, 85258
TPI Composites Inc is engaged in manufacturing composite wind blades. The company operates in wind energy and transportation industries where it manufactures structures for a bus, rail, theme parks, and trucks. Geographically the segments are divided into the U.S, Asia, Mexico, EMEA and India where the Mexico segment derives a majority of revenue.
Executives
William E Siwek officer: CFO C/O TPI COMPISITES, INC., 8501 N. SCOTTSDALE RD, SUITE 280, SCOTTSDALE AZ 85253
Ryan D. Miller officer: Chief Financial Officer C/O TPI COMPOSITES, INC., 8501 N. SCOTTSDALE, SUITE 100, SCOTTSDALE AZ 85253
Tyrone Michael Jordan director 8501 NORTH SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253
Jerrold I Lavine officer: President, Transportation C/O TPI COMPOSITES, INC., 8501 N. SCOTTSDALE ROAD, SCOTTSDALE AZ 85253
Oaktree Power Opportunities Fund V (delaware) Holdings, L.p. 10 percent owner 333 S. GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Phoenix Investment Fund, L.p. 10 percent owner 333 S. GRAND AVE, 28TH FLOOR, LOS ANGELES CA 90071
Steven C Lockard director, officer: President and CEO C/O TPI COMPOSITES, INC., 8501 N. SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253
Andrew Moir director C/O TPI COMPOSITES, INC., 8501 N. SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253
Lance Morell Marram officer: Chief Commercial Officer C/O TPI COMPOSITES, INC., 8501 N. SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253
Peter Joseph Jonna director 11611 SAN VICENTE BLVD SUITE 700, LOS ANGELES CA 90049
James Alton Hughes director 350 W WASHINGTON STREET, SUITE 600, TEMPE AZ 85281
Daniel G Weiss director, 10 percent owner 8501 N. SCOTTSDALE ROAD, GAINEY CENTER II, SUITE 100, SCOTTSDALE AZ 85253
Oaktree Holdings, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Fund Gp I, L.p. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Group Holdings Gp, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071