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Ferroglobe (Ferroglobe) Cyclically Adjusted Price-to-FCF : 8.86 (As of May. 14, 2024)


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What is Ferroglobe Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), Ferroglobe's current share price is $5.58. Ferroglobe's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $0.63. Ferroglobe's Cyclically Adjusted Price-to-FCF for today is 8.86.

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

GSM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.93   Med: 7.68   Max: 10.05
Current: 8.66

During the past 11 years, Ferroglobe's highest Cyclically Adjusted Price-to-FCF was 10.05. The lowest was 5.93. And the median was 7.68.

GSM's Cyclically Adjusted Price-to-FCF is ranked better than
81.22% of 245 companies
in the Metals & Mining industry
Industry Median: 20.97 vs GSM: 8.66

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.

Ferroglobe's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $0.464. 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 $0.63 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ferroglobe Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ferroglobe'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.

Ferroglobe Cyclically Adjusted Price-to-FCF Chart

Ferroglobe 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 - - - 5.31 10.35

Ferroglobe 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 5.31 - - - 10.35

Competitive Comparison of Ferroglobe's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Ferroglobe'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.


Ferroglobe's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ferroglobe's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ferroglobe 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.

Ferroglobe's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.58/0.63
=8.86

* 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.

Ferroglobe's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Ferroglobe'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)
=0.464/130.0000*130.0000
=0.464

Current CPI (Dec23) = 130.0000.

Ferroglobe Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.401 99.900 1.823
201512 0.726 100.400 0.940
201612 0.263 102.200 0.335
201712 0.436 105.000 0.540
201812 0.043 107.100 0.052
201912 -0.377 108.500 -0.452
202012 0.717 109.400 0.852
202112 -0.164 114.700 -0.186
202212 1.855 125.300 1.925
202312 0.464 130.000 0.464

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.


Ferroglobe  (NAS:GSM) 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.


Ferroglobe Cyclically Adjusted Price-to-FCF Related Terms

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


Ferroglobe (Ferroglobe) Business Description

Industry
Traded in Other Exchanges
Address
13 Chesterfield Street, London, GBR, W1J 5JN
Ferroglobe PLC provides silicon-based alloys and specialty metals. It produces silicon metal and silicon and manganese-based alloy, serving customers in the specialty chemical, aluminum, solar, steel and ductile iron foundry industries. The company's business segments include North America - Silicon; Europe - Manganese; Europe - Silicon; South Africa - Silicon and Other segments The primary raw materials company uses to produce its electrometallurgy products includes its coal and quartz mining operations and its silicon metal and ferroalloy production.