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TRW Automotive Holdings (FRA:TQT) Cyclically Adjusted Price-to-FCF : (As of May. 25, 2024)


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What is TRW Automotive Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


TRW Automotive Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TRW Automotive Holdings'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.

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TRW Automotive Holdings Cyclically Adjusted Price-to-FCF Chart

TRW Automotive Holdings Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted Price-to-FCF
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TRW Automotive Holdings Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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Competitive Comparison of TRW Automotive Holdings's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, TRW Automotive Holdings'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.


TRW Automotive Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, TRW Automotive Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



TRW Automotive Holdings 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.

TRW Automotive Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2015 is calculated as:

For example, TRW Automotive Holdings's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2015 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2015 (Change)*Current CPI (Mar. 2015)
=-2.265/99.6211*99.6211
=-2.265

Current CPI (Mar. 2015) = 99.6211.

TRW Automotive Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200506 1.385 82.062 1.681
200509 -1.561 83.876 -1.854
200512 1.291 83.032 1.549
200603 -0.524 84.298 -0.619
200606 0.868 85.606 1.010
200609 -0.990 85.606 -1.152
200612 1.505 85.142 1.761
200703 -2.606 86.640 -2.996
200706 1.304 87.906 1.478
200709 -1.872 87.964 -2.120
200712 4.357 88.616 4.898
200803 -1.336 90.090 -1.477
200806 -0.501 92.320 -0.541
200809 -0.289 92.307 -0.312
200812 4.561 88.697 5.123
200903 -2.190 89.744 -2.431
200906 -0.099 91.003 -0.108
200909 0.766 91.120 0.837
200912 2.437 91.111 2.665
201003 -0.137 91.821 -0.149
201006 2.128 91.962 2.305
201009 1.194 92.162 1.291
201012 1.334 92.474 1.437
201103 0.074 94.283 0.078
201106 0.883 95.235 0.924
201109 0.126 95.727 0.131
201112 1.980 95.213 2.072
201203 -1.142 96.783 -1.175
201206 0.535 96.819 0.550
201209 0.186 97.633 0.190
201212 2.443 96.871 2.512
201303 -1.716 98.209 -1.741
201306 0.627 98.518 0.634
201309 0.042 98.790 0.042
201312 3.374 98.326 3.418
201403 -1.738 99.695 -1.737
201406 0.790 100.560 0.783
201409 0.586 100.428 0.581
201412 2.306 99.070 2.319
201503 -2.265 99.621 -2.265

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.


TRW Automotive Holdings  (FRA:TQT) 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.


TRW Automotive Holdings Cyclically Adjusted Price-to-FCF Related Terms

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TRW Automotive Holdings (FRA:TQT) Business Description

Traded in Other Exchanges
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Address
TRW Automotive Holdings Corp is a Delaware corporation formed in 2002. The Company is a supplier of automotive systems, modules and components to automotive original equipment manufacturers and related aftermarkets. It conducts substantially all of its operations through subsidiaries. These operations encompass the design, manufacture and sale of active and passive safety related products and systems. Active safety related products and systems principally refer to vehicle dynamic controls (braking and steering) and electronics (driver assistance systems), and passive safety related products and systems principally refer to occupant restraints (airbags and seat belts) and electronics (airbag electronic control units, and crash and occupant weight sensors). It operates its business in four segments: Chassis Systems, Occupant Safety Systems, Electronics and Automotive Components. The Chassis Systems segment focuses on the design, manufacture and sale of products and systems relating to braking, steering, modules, and linkage and suspension. It sells its Chassis Systems products and systems to OEMs and other Tier 1 suppliers. The Occupant Safety Systems segment focuses on the design, manufacture and sale of products and systems relating to airbags, seat belts, and steering wheels. It sells its Occupant Safety Systems products and systems to OEMs and other Tier 1 suppliers. It also sells these products and systems to OEM service organizations. The Electronics segment focuses on the design, manufacture and sale of electronics components and systems in the areas of safety, chassis, radio frequency, powertrain, and driver assistance systems, including cameras and radars. It sells its Electronics products and systems to OEMs and to its Chassis Systems segment (braking and steering applications). It also sells these products and systems to OEM service organizations. The Automotive Components segment focuses on the design, manufacture and sale of body controls, engine valves, and engineered fasteners and components. It sells its Automotive Components products to OEMs and other Tier 1 suppliers, and to certain non-automotive markets and customers. It also sells these products to OEM service organizations. In addition, it sells some engine valve and body control products to independent distributors for the automotive aftermarket. The Company's principal competitors include Advics, Bosch, Continental, JTEKT, Nexteer and ZF in the Chassis Systems segment; Autoliv, Key Safety, and Takata in the Occupant Safety Systems segment; Autoliv, Bosch, Continental, Delphi, Denso, and Magna in the Electronics segment; and Delphi, Eaton, ITW, Kostal, Nifco, Raymond, Tokai Rika, and Valeo in the Automotive Components segment. Its operations are subject to a variety of federal, state, local and international laws and regulations which may have a direct or indirect effect on its business.

TRW Automotive Holdings (FRA:TQT) Headlines

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