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Metisa Metalurgica Timboense (BSP:MTSA3) Cyclically Adjusted Price-to-FCF : 11.69 (As of Apr. 27, 2024)


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What is Metisa Metalurgica Timboense Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Metisa Metalurgica Timboense's current share 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 for today is 11.69.

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

BSP:MTSA3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.28   Med: 21.49   Max: 189.71
Current: 11.69

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

BSP:MTSA3's Cyclically Adjusted Price-to-FCF is ranked better than
80.81% of 99 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 26.88 vs BSP:MTSA3: 11.69

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 adjusted free cash flow per share data 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 10 will get our Cyclically Adjusted FCF per Share, which is R$6.76 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metisa Metalurgica Timboense Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Metisa Metalurgica Timboense'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.

Metisa Metalurgica Timboense Cyclically Adjusted Price-to-FCF Chart

Metisa Metalurgica Timboense 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 - 6.29 84.06 19.82 11.69

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 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 19.82 16.33 15.26 13.28 11.69

Competitive Comparison of Metisa Metalurgica Timboense's Cyclically Adjusted Price-to-FCF

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 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.

Metisa Metalurgica Timboense's Cyclically Adjusted Price-to-FCF for 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.

Metisa Metalurgica Timboense's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

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.

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.


Metisa Metalurgica Timboense  (BSP:MTSA3) 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.


Metisa Metalurgica Timboense Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Metisa Metalurgica Timboense's Cyclically Adjusted Price-to-FCF 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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