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SPX Technologies (FRA:SPW0) Cyclically Adjusted Price-to-FCF : 80.13 (As of Jun. 05, 2024)


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What is SPX Technologies Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), SPX Technologies's current share price is €125.00. SPX Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.56. SPX Technologies's Cyclically Adjusted Price-to-FCF for today is 80.13.

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

FRA:SPW0' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.58   Med: 13.66   Max: 85.41
Current: 79.18

During the past years, SPX Technologies's highest Cyclically Adjusted Price-to-FCF was 85.41. The lowest was 2.58. And the median was 13.66.

FRA:SPW0's Cyclically Adjusted Price-to-FCF is ranked worse than
89.88% of 583 companies
in the Construction industry
Industry Median: 17.91 vs FRA:SPW0: 79.18

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.

SPX Technologies's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.012. 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 €1.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SPX Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SPX Technologies'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.

SPX Technologies Cyclically Adjusted Price-to-FCF Chart

SPX Technologies 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 32.15 37.93 40.49 52.75 69.65

SPX Technologies 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 47.66 35.73 40.89 69.65 72.91

Competitive Comparison of SPX Technologies's Cyclically Adjusted Price-to-FCF

For the Building Products & Equipment subindustry, SPX Technologies'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.


SPX Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, SPX Technologies's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



SPX Technologies 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=125.00/1.56
=80.13

* 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.

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

For example, SPX Technologies'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)
=0.012/131.7762*131.7762
=0.012

Current CPI (Mar. 2024) = 131.7762.

SPX Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.900 100.560 -1.179
201409 0.884 100.428 1.160
201412 2.685 99.070 3.571
201503 -2.546 99.621 -3.368
201506 0.114 100.684 0.149
201509 -0.447 100.392 -0.587
201512 1.612 99.792 2.129
201603 -1.381 100.470 -1.811
201606 0.445 101.688 0.577
201609 -0.216 101.861 -0.279
201612 0.893 101.863 1.155
201703 -0.011 102.862 -0.014
201706 -0.420 103.349 -0.536
201709 0.051 104.136 0.065
201712 1.021 104.011 1.294
201803 -0.016 105.290 -0.020
201806 0.004 106.317 0.005
201809 0.115 106.507 0.142
201812 1.827 105.998 2.271
201903 0.136 107.251 0.167
201906 0.264 108.070 0.322
201909 0.780 108.329 0.949
201912 1.512 108.420 1.838
202003 -0.080 108.902 -0.097
202006 0.428 108.767 0.519
202009 0.479 109.815 0.575
202012 1.200 109.897 1.439
202103 1.052 111.754 1.240
202106 0.298 114.631 0.343
202109 1.305 115.734 1.486
202112 0.355 117.630 0.398
202203 -1.159 121.301 -1.259
202206 -0.883 125.017 -0.931
202209 -0.394 125.227 -0.415
202212 -0.659 125.222 -0.693
202303 -0.169 127.348 -0.175
202306 1.332 128.729 1.364
202309 0.132 129.860 0.134
202312 2.335 129.419 2.378
202403 0.012 131.776 0.012

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.


SPX Technologies  (FRA:SPW0) 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.


SPX Technologies Cyclically Adjusted Price-to-FCF Related Terms

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


SPX Technologies (FRA:SPW0) Business Description

Industry
Traded in Other Exchanges
Address
6325 Ardrey Kell Road, Suite 400, Charlotte, NC, USA, 28277
SPX Technologies Inc supplies engineered heating, ventilation, and air conditioning, or HVAC, products, as well as detection and measurement technologies and power equipment. The company operates through three segments. The HVAC segment designs, manufactures, installs, and services cooling products, as well as heating and ventilation products. The detection and measurement technologies segment designs, manufactures, and installs underground pipe and cable locators and inspection equipment, bus-fare collection systems, and others. The Engineered Solutions segment engineers, designs, manufactures, installs and services transformers for the power transmission and distribution market. The company generates almost all of its revenue from American domestic market.

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