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Celulosa Argentina (BUE:CELU) Cyclically Adjusted FCF per Share : ARS24.90 (As of Feb. 2024)


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What is Celulosa Argentina 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.

Celulosa Argentina's adjusted free cash flow per share for the three months ended in Feb. 2024 was ARS60.984. 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 ARS24.90 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Celulosa Argentina's average Cyclically Adjusted FCF Growth Rate was 121.90% 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.

As of today (2024-05-14), Celulosa Argentina's current stock price is ARS808.00. Celulosa Argentina's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was ARS24.90. Celulosa Argentina's Cyclically Adjusted Price-to-FCF of today is 32.45.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Celulosa Argentina was 108.37. The lowest was 16.76. And the median was 32.11.


Celulosa Argentina Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Celulosa Argentina'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.

Celulosa Argentina Cyclically Adjusted FCF per Share Chart

Celulosa Argentina Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.28 -0.21 -0.17 11.28

Celulosa Argentina Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 11.22 11.28 11.39 18.65 24.90

Competitive Comparison of Celulosa Argentina's Cyclically Adjusted FCF per Share

For the Paper & Paper Products subindustry, Celulosa Argentina'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.


Celulosa Argentina's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Celulosa Argentina's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Celulosa Argentina 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, Celulosa Argentina's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=60.984/129.4194*129.4194
=60.984

Current CPI (Feb. 2024) = 129.4194.

Celulosa Argentina Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.010 100.373 0.013
201408 -0.236 100.352 -0.304
201411 0.226 99.635 0.294
201502 -0.556 99.032 -0.727
201505 0.013 100.333 0.017
201508 0.017 100.548 0.022
201511 0.000 100.135 0.000
201602 -1.690 100.040 -2.186
201605 -0.009 101.355 -0.011
201608 0.008 101.617 0.010
201611 0.003 101.829 0.004
201702 -0.016 102.779 -0.020
201705 -0.002 103.256 -0.003
201708 0.010 103.587 0.012
201711 -0.005 104.072 -0.006
201802 -0.006 105.052 -0.007
201805 -0.066 106.148 -0.080
201808 0.030 106.383 0.036
201811 0.065 106.338 0.079
201902 0.019 106.649 0.023
201905 0.080 108.048 0.096
201908 0.030 108.245 0.036
201911 0.041 108.519 0.049
202002 -0.010 109.139 -0.012
202005 0.088 108.175 0.105
202008 0.053 109.662 0.063
202011 0.111 109.793 0.131
202102 0.047 110.968 0.055
202105 0.205 113.576 0.234
202108 -0.130 115.421 -0.146
202111 0.047 117.269 0.052
202202 0.019 119.703 0.021
202205 0.634 123.323 0.665
202208 0.082 124.958 0.085
202211 22.541 125.607 23.225
202302 88.122 126.928 89.852
202305 -0.578 128.314 -0.583
202308 0.066 129.538 0.066
202311 70.701 129.548 70.631
202402 60.984 129.419 60.984

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


Celulosa Argentina  (BUE:CELU) 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.

Celulosa Argentina's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=808.00/24.9
=32.45

* 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 Celulosa Argentina was 108.37. The lowest was 16.76. And the median was 32.11.


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.


Celulosa Argentina Cyclically Adjusted FCF per Share Related Terms

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


Celulosa Argentina (BUE:CELU) Business Description

Traded in Other Exchanges
N/A
Address
Av. Del Libertador 2442, Buenos Aires,piso 4, Olivos, ARG, B1636DSR
Celulosa Argentina SA is engaged in the manufacturing, marketing, and distribution of forest products. Its product portfolio includes Paper products, cellulose pulp, forest products as well as wood products. Geographically, the activities are carried out through Argentina.

Celulosa Argentina (BUE:CELU) Headlines

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