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Metisa Metalurgica Timboense (BSP:MTSA3) Cyclically Adjusted FCF per Share : R$6.76 (As of Dec. 2023)


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What is Metisa Metalurgica Timboense Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Metisa Metalurgica Timboense's adjusted free cash flow per share for the three months ended in Dec. 2023 was R$5.179. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is R$6.76 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Metisa Metalurgica Timboense's average Cyclically Adjusted FCF Growth Rate was 93.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 6.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Metisa Metalurgica Timboense was 6.70% per year. The lowest was 6.70% per year. And the median was 6.70% per year.

As of today (2024-04-27), Metisa Metalurgica Timboense's current stock price is R$79.00. Metisa Metalurgica Timboense's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$6.76. Metisa Metalurgica Timboense's Cyclically Adjusted Price-to-FCF of today is 11.69.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Metisa Metalurgica Timboense was 189.71. The lowest was 6.28. And the median was 21.49.


Metisa Metalurgica Timboense Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Metisa Metalurgica Timboense's Cyclically Adjusted FCF per Share 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.

Metisa Metalurgica Timboense Cyclically Adjusted FCF per Share Chart

Metisa Metalurgica Timboense Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 5.57 0.77 3.49 6.76

Metisa Metalurgica Timboense Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 3.49 4.59 4.91 5.80 6.76

Competitive Comparison of Metisa Metalurgica Timboense's Cyclically Adjusted FCF per Share

For the Farm & Heavy Construction Machinery subindustry, Metisa Metalurgica Timboense'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.


Metisa Metalurgica Timboense's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Metisa Metalurgica Timboense's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Metisa Metalurgica Timboense's Cyclically Adjusted Price-to-FCF falls into.



Metisa Metalurgica Timboense Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Metisa Metalurgica Timboense's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.179/156.2729*156.2729
=5.179

Current CPI (Dec. 2023) = 156.2729.

Metisa Metalurgica Timboense Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.000 90.447 0.000
201406 0.000 91.838 0.000
201409 0.000 92.602 0.000
201412 0.000 94.194 0.000
201503 0.000 97.799 0.000
201506 0.000 100.006 0.000
201509 0.000 101.392 0.000
201512 0.000 104.247 0.000
201603 0.000 106.979 0.000
201606 0.000 108.851 0.000
201609 0.000 109.986 0.000
201612 0.000 110.802 0.000
201703 0.000 111.869 0.000
201706 0.000 112.115 0.000
201709 0.000 112.777 0.000
201712 0.000 114.068 0.000
201803 0.000 114.868 0.000
201806 0.000 117.038 0.000
201809 0.000 117.881 0.000
201812 0.000 118.340 0.000
201903 0.000 120.124 0.000
201906 0.000 120.977 0.000
201909 0.000 121.292 0.000
201912 0.000 123.436 0.000
202003 -1.352 124.092 -1.703
202006 1.489 123.557 1.883
202009 3.532 125.095 4.412
202012 1.777 129.012 2.152
202103 -2.228 131.660 -2.645
202106 -3.004 133.871 -3.507
202109 -0.584 137.913 -0.662
202112 1.596 141.992 1.757
202203 1.655 146.537 1.765
202206 0.574 149.784 0.599
202209 3.678 147.800 3.889
202212 2.844 150.207 2.959
202303 4.231 153.352 4.312
202306 2.160 154.519 2.185
202309 4.442 155.464 4.465
202312 5.179 156.273 5.179

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Metisa Metalurgica Timboense  (BSP:MTSA3) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Metisa Metalurgica Timboense's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=79.00/6.76
=11.69

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Metisa Metalurgica Timboense was 189.71. The lowest was 6.28. And the median was 21.49.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Metisa Metalurgica Timboense Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Metisa Metalurgica Timboense's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Metisa Metalurgica Timboense (BSP:MTSA3) Business Description

Traded in Other Exchanges
Address
Rua Fritz Lorenz, 2442, Distrito Industrial - PO Box: 11, Timbo, SC, BRA, 89120000
Metisa Metalurgica Timboense SA manufactures and markets steel parts for industrial and agricultural equipment. Its products include parts for agricultural equipment, tractors, railways, blades for the construction sector, and hand tools, among others. It offers agricultural disc blades and implements for a range of equipment, including sugar-alcohol sector; stone saw blades; blades and edges, teeth, adapters and tips, track shoes, and grouser bars for tractors, bulldozers, scrapers, excavators, earth movers, motor graders; and railroad accessories, such as tie plates, joint bars, metallic cores, and steel sleepers for the construction of permanent ways. The company also provides hand tools comprising shovels, spades, picks, post hole diggers, and hoes.

Metisa Metalurgica Timboense (BSP:MTSA3) Headlines

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