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Steel Connect (Steel Connect) Cyclically Adjusted FCF per Share : $0.05 (As of Jan. 2024)


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What is Steel Connect 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.

Steel Connect's adjusted free cash flow per share for the three months ended in Jan. 2024 was $-0.041. 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 $0.05 for the trailing ten years ended in Jan. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 81.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 58.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 17.00% 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 Steel Connect was 81.60% per year. The lowest was -167.60% per year. And the median was 14.10% per year.

As of today (2024-04-28), Steel Connect's current stock price is $12.125. Steel Connect's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $0.05. Steel Connect's Cyclically Adjusted Price-to-FCF of today is 242.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Steel Connect was 247.43. The lowest was 28.81. And the median was 47.07.


Steel Connect Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Steel Connect'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.

Steel Connect Cyclically Adjusted FCF per Share Chart

Steel Connect Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.65 -1.60 -1.46 -0.17 -0.01

Steel Connect Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.04 0.13 -0.01 0.27 0.05

Competitive Comparison of Steel Connect's Cyclically Adjusted FCF per Share

For the Advertising Agencies subindustry, Steel Connect'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.


Steel Connect's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Steel Connect's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Steel Connect 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, Steel Connect's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.041/129.4194*129.4194
=-0.041

Current CPI (Jan. 2024) = 129.4194.

Steel Connect Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.422 100.023 -0.546
201407 1.690 100.520 2.176
201410 -4.573 100.176 -5.908
201501 7.435 98.604 9.759
201504 5.187 99.824 6.725
201507 -6.057 100.691 -7.785
201510 -0.672 100.346 -0.867
201601 -3.321 99.957 -4.300
201604 -1.056 100.947 -1.354
201607 0.066 101.524 0.084
201610 -5.365 101.988 -6.808
201701 1.899 102.456 2.399
201704 -0.818 103.167 -1.026
201707 -0.665 103.278 -0.833
201710 -1.712 104.070 -2.129
201801 0.689 104.578 0.853
201804 -0.981 105.708 -1.201
201807 0.226 106.324 0.275
201810 -0.226 106.695 -0.274
201901 1.223 106.200 1.490
201904 -3.339 107.818 -4.008
201907 3.309 108.250 3.956
201910 1.990 108.577 2.372
202001 -2.098 108.841 -2.495
202004 6.654 108.173 7.961
202007 1.658 109.318 1.963
202010 3.720 109.861 4.382
202101 -3.256 110.364 -3.818
202104 -1.333 112.673 -1.531
202107 -0.514 115.183 -0.578
202110 -0.647 116.696 -0.718
202201 0.926 118.619 1.010
202204 -0.446 121.978 -0.473
202207 0.279 125.002 0.289
202210 0.917 125.734 0.944
202301 0.158 126.223 0.162
202304 -0.123 127.992 -0.124
202307 0.276 128.974 0.277
202310 0.231 129.810 0.230
202401 -0.041 129.419 -0.041

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


Steel Connect  (NAS:STCN) 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.

Steel Connect's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12.125/0.05
=242.50

* 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 Steel Connect was 247.43. The lowest was 28.81. And the median was 47.07.


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.


Steel Connect Cyclically Adjusted FCF per Share Related Terms

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


Steel Connect (Steel Connect) Business Description

Traded in Other Exchanges
Address
590 Madison Avenue, New York, DE, USA, 10022
Steel Connect Inc is a diversified holding company. The company's operating segment include Direct Marketing and Supply Chain. It generates maximum revenue from the Direct Marketing segment. Geographically, it derives a majority of revenue from the United States and also has a presence in China; Netherlands, and others. The company serves clients in various industries including consumer electronics, communications, computing, software, storage, and retail industries.
Executives
Steel Partners Holdings L.p. other: See Explanation of Responses 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Joseph Richards Martin director C/O LOUISIANA-PACIFIC CORPORATION, 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219
Ryan O'herrin officer: Chief Financial Officer 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022-8547
Webfinancial Holding Corp director, 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Wf Asset Corp. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Gary Tankard officer: Chief Accounting Officer C/O STEEL PARTNERS HOLDINGS LP, 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Jason Wong officer: Chief Financial Officer 590 MADISON AVENUE, FLOOR 32, C/O STEEL PARTNERS HOLDINGS LP, NEW YORK NY 10022
Renata Simril director 5055 WILSHIRE BOULEVARD, SUITE 500, LOS ANGELES CA 90036
Fawaz Khalil officer: CEO, ModusLink Corporation C/O STEEL CONNECT, INC., 1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451
John Ashe officer: CEO,IWCO Direct Holdings, Inc. C/O STEEL CONNECT, INC., 1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451
Maria Molland director 1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451
Joseph B Sherk officer: Chief Accounting Officer C/O UNITED RENTALS INC, FIVE GREENWICH OFFICE PARK, GREENWICH CT 06830
Douglas Woodworth officer: Chief Financial Officer STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Excel Inc. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Philip E. Lengyel director C/O MODUSLINK GLOBAL SOLUTIONS, INC., 1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451

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