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Trinidad Cement (TRN:TCL) Cyclically Adjusted Price-to-FCF : 0.77 (As of Jun. 08, 2024)


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What is Trinidad Cement Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Trinidad Cement's current share price is TTD2.60. Trinidad Cement's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was TTD3.38. Trinidad Cement's Cyclically Adjusted Price-to-FCF for today is 0.77.

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

TRN:TCL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.71   Med: 0.95   Max: 1.1
Current: 0.76

During the past years, Trinidad Cement's highest Cyclically Adjusted Price-to-FCF was 1.10. The lowest was 0.71. And the median was 0.95.

TRN:TCL's Cyclically Adjusted Price-to-FCF is ranked better than
97.46% of 197 companies
in the Building Materials industry
Industry Median: 15.67 vs TRN:TCL: 0.76

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.

Trinidad Cement's adjusted free cash flow per share data for the three months ended in Mar. 2024 was TTD0.286. 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 TTD3.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trinidad Cement Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Trinidad Cement'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.

Trinidad Cement Cyclically Adjusted Price-to-FCF Chart

Trinidad Cement 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 - - - 1.11 0.93

Trinidad Cement 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 1.00 0.76 0.91 0.93 0.82

Competitive Comparison of Trinidad Cement's Cyclically Adjusted Price-to-FCF

For the Building Materials subindustry, Trinidad Cement'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.


Trinidad Cement's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Trinidad Cement's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Trinidad Cement 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.60/3.38
=0.77

* 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.

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

For example, Trinidad Cement'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)
=0.286/131.7762*131.7762
=0.286

Current CPI (Mar. 2024) = 131.7762.

Trinidad Cement Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.308 100.560 0.404
201409 0.245 100.428 0.321
201412 0.023 99.070 0.031
201503 0.418 99.621 0.553
201506 0.482 100.684 0.631
201509 0.148 100.392 0.194
201512 0.091 99.792 0.120
201603 0.101 100.470 0.132
201606 22.221 101.688 28.796
201609 0.175 101.861 0.226
201612 -0.053 101.863 -0.069
201703 0.078 102.862 0.100
201706 0.048 103.349 0.061
201709 0.106 104.136 0.134
201712 -0.016 104.011 -0.020
201803 0.184 105.290 0.230
201806 -0.003 106.317 -0.004
201809 -0.118 106.507 -0.146
201812 -0.175 105.998 -0.218
201903 0.042 107.251 0.052
201906 0.031 108.070 0.038
201909 0.136 108.329 0.165
201912 -0.054 108.420 -0.066
202003 0.129 108.902 0.156
202006 0.124 108.767 0.150
202009 0.411 109.815 0.493
202012 0.045 109.897 0.054
202103 0.141 111.754 0.166
202106 0.039 114.631 0.045
202109 0.131 115.734 0.149
202112 0.115 117.630 0.129
202203 -0.018 121.301 -0.020
202206 -0.098 125.017 -0.103
202209 0.204 125.227 0.215
202212 -0.046 125.222 -0.048
202303 0.139 127.348 0.144
202306 0.041 128.729 0.042
202309 0.266 129.860 0.270
202312 0.053 129.419 0.054
202403 0.286 131.776 0.286

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.


Trinidad Cement  (TRN:TCL) 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.


Trinidad Cement Cyclically Adjusted Price-to-FCF Related Terms

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


Trinidad Cement (TRN:TCL) Business Description

Traded in Other Exchanges
N/A
Address
Southern Main Road, Claxton Bay, Trinidad, TTO
Trinidad Cement Ltd is engaged in the manufacture and sale of cement, concrete, and aggregates. The company's operations are organized into three operating segments, Cement, Concrete, and Packaging. The firm offers Portland-pozzolan cement, ordinary Portland cement, and Class G high sulfate-resistant oilwell cement. The company has operations in Trinidad and Tobago, Jamaica, Barbados, and other countries. Geographically the company receives maximum revenue from Jamaica.

Trinidad Cement (TRN:TCL) Headlines

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