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Old Dominion Freight Line (FRA:ODF) Cyclically Adjusted Price-to-FCF : 77.21 (As of May. 24, 2024)


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What is Old Dominion Freight Line Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Old Dominion Freight Line's current share price is €157.50. Old Dominion Freight Line's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.04. Old Dominion Freight Line's Cyclically Adjusted Price-to-FCF for today is 77.21.

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

FRA:ODF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 74.48   Med: 134.25   Max: 2328
Current: 76.15

During the past years, Old Dominion Freight Line's highest Cyclically Adjusted Price-to-FCF was 2328.00. The lowest was 74.48. And the median was 134.25.

FRA:ODF's Cyclically Adjusted Price-to-FCF is ranked worse than
87.29% of 417 companies
in the Transportation industry
Industry Median: 18.25 vs FRA:ODF: 76.15

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.

Old Dominion Freight Line's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.280. 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 €2.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Old Dominion Freight Line Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Old Dominion Freight Line'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.

Old Dominion Freight Line Cyclically Adjusted Price-to-FCF Chart

Old Dominion Freight Line 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 114.93 115.87 151.81 84.08 97.15

Old Dominion Freight Line 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 95.78 100.59 104.50 97.15 97.33

Competitive Comparison of Old Dominion Freight Line's Cyclically Adjusted Price-to-FCF

For the Trucking subindustry, Old Dominion Freight Line'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.


Old Dominion Freight Line's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Old Dominion Freight Line's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Old Dominion Freight Line's Cyclically Adjusted Price-to-FCF falls into.



Old Dominion Freight Line 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.

Old Dominion Freight Line's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=157.50/2.04
=77.21

* 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.

Old Dominion Freight Line's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Old Dominion Freight Line'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)
=1.28/131.7762*131.7762
=1.280

Current CPI (Mar. 2024) = 131.7762.

Old Dominion Freight Line Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.161 100.560 -0.211
201409 0.009 100.428 0.012
201412 0.182 99.070 0.242
201503 0.360 99.621 0.476
201506 -0.268 100.684 -0.351
201509 -0.044 100.392 -0.058
201512 0.295 99.792 0.390
201603 0.171 100.470 0.224
201606 -0.183 101.688 -0.237
201609 0.223 101.861 0.288
201612 0.340 101.863 0.440
201703 0.203 102.862 0.260
201706 -0.013 103.349 -0.017
201709 0.166 104.136 0.210
201712 0.188 104.011 0.238
201803 0.363 105.290 0.454
201806 0.075 106.317 0.093
201809 0.255 106.507 0.316
201812 0.382 105.998 0.475
201903 0.492 107.251 0.605
201906 0.353 108.070 0.430
201909 0.550 108.329 0.669
201912 0.478 108.420 0.581
202003 0.573 108.902 0.693
202006 0.916 108.767 1.110
202009 0.446 109.815 0.535
202012 0.655 109.897 0.785
202103 0.929 111.754 1.095
202106 0.152 114.631 0.175
202109 0.680 115.734 0.774
202112 0.668 117.630 0.748
202203 1.163 121.301 1.263
202206 0.823 125.017 0.867
202209 1.495 125.227 1.573
202212 0.387 125.222 0.407
202303 0.762 127.348 0.788
202306 0.181 128.729 0.185
202309 1.097 129.860 1.113
202312 1.383 129.419 1.408
202403 1.280 131.776 1.280

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.


Old Dominion Freight Line  (FRA:ODF) 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.


Old Dominion Freight Line Cyclically Adjusted Price-to-FCF Related Terms

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


Old Dominion Freight Line (FRA:ODF) Business Description

Traded in Other Exchanges
Address
500 Old Dominion Way, Thomasville, NC, USA, 27360
Old Dominion Freight Line is the second-largest less than truckload carrier in the United States, with more than 250 service centers and 11,000-plus tractors. It is one of the most disciplined and efficient providers in the trucking industry, and its profitability and capital returns stand head and shoulders above its peers. Strategic initiatives revolve around increasing network density through market share gains and maintaining industry-leading service via steadfast infrastructure investment.

Old Dominion Freight Line (FRA:ODF) Headlines

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