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Swiss Steel Holding AG (XSWX:STLN) Cyclically Adjusted Price-to-FCF : 12.95 (As of Jun. 07, 2024)


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What is Swiss Steel Holding AG Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Swiss Steel Holding AG's current share price is CHF14.50. Swiss Steel Holding AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was CHF1.12. Swiss Steel Holding AG's Cyclically Adjusted Price-to-FCF for today is 12.95.

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

XSWX:STLN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.53   Med: 5.14   Max: 16.79
Current: 13.24

During the past 13 years, Swiss Steel Holding AG's highest Cyclically Adjusted Price-to-FCF was 16.79. The lowest was 1.53. And the median was 5.14.

XSWX:STLN's Cyclically Adjusted Price-to-FCF is ranked better than
52.81% of 267 companies
in the Steel industry
Industry Median: 13.35 vs XSWX:STLN: 13.24

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.

Swiss Steel Holding AG's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was CHF3.682. 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 CHF1.12 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Swiss Steel Holding AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Swiss Steel Holding AG'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.

Swiss Steel Holding AG Cyclically Adjusted Price-to-FCF Chart

Swiss Steel Holding AG 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 - 2.23 7.23 7.11 14.88

Swiss Steel Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 7.23 - 7.11 - 14.88

Competitive Comparison of Swiss Steel Holding AG's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Swiss Steel Holding AG'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.


Swiss Steel Holding AG's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

* The bar in red indicates where Swiss Steel Holding AG's Cyclically Adjusted Price-to-FCF falls into.



Swiss Steel Holding AG 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.

Swiss Steel Holding AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.50/1.12
=12.95

* 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.

Swiss Steel Holding AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Swiss Steel Holding AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=3.682/106.4612*106.4612
=3.682

Current CPI (Dec23) = 106.4612.

Swiss Steel Holding AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 20.920 100.704 22.116
201512 29.358 99.386 31.448
201612 19.263 99.380 20.636
201712 2.116 100.213 2.248
201812 -32.115 100.906 -33.883
201912 -2.108 101.063 -2.221
202012 -11.083 100.241 -11.771
202112 -16.668 101.776 -17.435
202212 -3.510 104.666 -3.570
202312 3.682 106.461 3.682

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.


Swiss Steel Holding AG  (XSWX:STLN) 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.


Swiss Steel Holding AG Cyclically Adjusted Price-to-FCF Related Terms

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Swiss Steel Holding AG (XSWX:STLN) Business Description

Industry
Traded in Other Exchanges
Address
Landenbergstrasse 11, Lucerne, CHE, 6005
Swiss Steel Holding AG is a manufacturer, processor, and distributor of long steel products. The company operates through two segments, Production and Sales and services. Its products include quality steel, tool steel, bright steel, and special materials, etc. The company also offers service, which includes technical service, prefabrication, and timely delivery service. It generates maximum revenue from the Production segment. The company derives the majority of its revenues from Germany.

Swiss Steel Holding AG (XSWX:STLN) Headlines

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