GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Alfa Laval AB (OTCPK:ALFVF) » Definitions » Cyclically Adjusted Price-to-FCF

Alfa Laval AB (Alfa Laval AB) Cyclically Adjusted Price-to-FCF : 32.74 (As of Jun. 13, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Alfa Laval AB Cyclically Adjusted Price-to-FCF?

As of today (2024-06-13), Alfa Laval AB's current share price is $37.00. Alfa Laval AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.13. Alfa Laval AB's Cyclically Adjusted Price-to-FCF for today is 32.74.

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

ALFVF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.42   Med: 24.12   Max: 38.05
Current: 37.33

During the past years, Alfa Laval AB's highest Cyclically Adjusted Price-to-FCF was 38.05. The lowest was 16.42. And the median was 24.12.

ALFVF's Cyclically Adjusted Price-to-FCF is ranked worse than
56.64% of 1031 companies
in the Industrial Products industry
Industry Median: 32.13 vs ALFVF: 37.33

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.

Alfa Laval AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.217. 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 $1.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alfa Laval AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alfa Laval AB'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.

Alfa Laval AB Cyclically Adjusted Price-to-FCF Chart

Alfa Laval AB 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 24.23 21.83 33.17 25.55 31.58

Alfa Laval AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 31.56 33.20 30.76 31.58 32.67

Competitive Comparison of Alfa Laval AB's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Alfa Laval AB'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.


Alfa Laval AB's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Alfa Laval AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Alfa Laval AB 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.

Alfa Laval AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=37.00/1.13
=32.74

* 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.

Alfa Laval AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Alfa Laval AB's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.217/132.2054*132.2054
=0.217

Current CPI (Mar. 2024) = 132.2054.

Alfa Laval AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.371 100.432 0.488
201409 0.509 100.161 0.672
201412 0.464 100.225 0.612
201503 0.285 99.950 0.377
201506 0.395 99.995 0.522
201509 0.339 100.228 0.447
201512 0.448 100.276 0.591
201603 0.234 100.751 0.307
201606 0.315 101.019 0.412
201609 0.217 101.138 0.284
201612 0.432 102.022 0.560
201703 0.179 102.022 0.232
201706 0.248 102.752 0.319
201709 0.278 103.279 0.356
201712 0.360 103.793 0.459
201803 0.140 103.962 0.178
201806 0.283 104.875 0.357
201809 0.249 105.679 0.312
201812 0.246 105.912 0.307
201903 0.139 105.886 0.174
201906 0.111 106.742 0.137
201909 0.250 107.214 0.308
201912 0.477 107.766 0.585
202003 0.182 106.563 0.226
202006 0.679 107.498 0.835
202009 0.237 107.635 0.291
202012 0.629 108.296 0.768
202103 0.195 108.360 0.238
202106 0.355 108.928 0.431
202109 0.319 110.338 0.382
202112 0.248 112.486 0.291
202203 0.124 114.825 0.143
202206 -0.029 118.384 -0.032
202209 0.070 122.296 0.076
202212 0.175 126.365 0.183
202303 0.130 127.042 0.135
202306 0.178 129.407 0.182
202309 0.525 130.224 0.533
202312 0.700 131.912 0.702
202403 0.217 132.205 0.217

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.


Alfa Laval AB  (OTCPK:ALFVF) 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.


Alfa Laval AB Cyclically Adjusted Price-to-FCF Related Terms

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


Alfa Laval AB (Alfa Laval AB) Business Description

Traded in Other Exchanges
Address
Rudeboksvagen 1, P.O. Box 73, Lund, SWE, SE-221 00
Alfa Laval is a leading manufacturer of highly engineered equipment, primarily in the areas of separation, heat transfer, and fluid handling used by a diverse range of customers spanning the food, water, energy, and marine industry verticals. These products play a key role in a number of industrial processes, and Alfa Laval enjoys a leading position in all three areas. Alfa Laval's history stretches back 140 years to when its first separator was developed. The company is listed on the Stockholm stock exchange.

Alfa Laval AB (Alfa Laval AB) Headlines