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Franklin Electric Co (Franklin Electric Co) Cyclically Adjusted FCF per Share : $2.62 (As of Dec. 2023)


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What is Franklin Electric Co Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Franklin Electric Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was $2.256. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $2.62 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Franklin Electric Co's average Cyclically Adjusted FCF Growth Rate was 27.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 12.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 12.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Franklin Electric Co was 22.20% per year. The lowest was -6.20% per year. And the median was 10.10% per year.

As of today (2024-04-27), Franklin Electric Co's current stock price is $102.77. Franklin Electric Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.62. Franklin Electric Co's Cyclically Adjusted Price-to-FCF of today is 39.23.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Franklin Electric Co was 51.72. The lowest was 27.97. And the median was 40.93.


Franklin Electric Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Franklin Electric Co's Cyclically Adjusted FCF per Share 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.

Franklin Electric Co Cyclically Adjusted FCF per Share Chart

Franklin Electric Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 1.75 1.89 2.05 2.62

Franklin Electric Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 2.05 2.17 2.28 2.48 2.62

Competitive Comparison of Franklin Electric Co's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Franklin Electric Co'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.


Franklin Electric Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Franklin Electric Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Franklin Electric Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.256/129.4194*129.4194
=2.256

Current CPI (Dec. 2023) = 129.4194.

Franklin Electric Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.902 99.695 -1.171
201406 -0.013 100.560 -0.017
201409 0.469 100.428 0.604
201412 0.694 99.070 0.907
201503 -0.541 99.621 -0.703
201506 0.484 100.684 0.622
201509 1.005 100.392 1.296
201512 0.609 99.792 0.790
201603 -0.250 100.470 -0.322
201606 0.458 101.688 0.583
201609 0.660 101.861 0.839
201612 0.760 101.863 0.966
201703 -0.627 102.862 -0.789
201706 -0.035 103.349 -0.044
201709 1.042 104.136 1.295
201712 0.328 104.011 0.408
201803 -0.703 105.290 -0.864
201806 0.571 106.317 0.695
201809 1.093 106.507 1.328
201812 1.308 105.998 1.597
201903 -0.175 107.251 -0.211
201906 0.040 108.070 0.048
201909 1.733 108.329 2.070
201912 1.724 108.420 2.058
202003 -0.218 108.902 -0.259
202006 1.027 108.767 1.222
202009 1.736 109.815 2.046
202012 1.501 109.897 1.768
202103 -0.029 111.754 -0.034
202106 0.512 114.631 0.578
202109 1.082 115.734 1.210
202112 0.554 117.630 0.610
202203 -1.502 121.301 -1.603
202206 -0.253 125.017 -0.262
202209 1.286 125.227 1.329
202212 1.755 125.222 1.814
202303 -0.460 127.348 -0.467
202306 0.946 128.729 0.951
202309 3.106 129.860 3.095
202312 2.256 129.419 2.256

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Franklin Electric Co  (NAS:FELE) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Franklin Electric Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=102.77/2.62
=39.23

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Franklin Electric Co was 51.72. The lowest was 27.97. And the median was 40.93.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Franklin Electric Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Franklin Electric Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Franklin Electric Co (Franklin Electric Co) Business Description

Traded in Other Exchanges
Address
9255 Coverdale Road, Fort Wayne, IN, USA, 46809
Franklin Electric Co Inc designs, manufactures, and distributes water and fuel pumping systems, composed of submersible motors, pumps, electronic controls, water treatment systems, and related parts and equipment. It has three segments; The Water Systems segment designs, manufactures and sells motors, pumps, drives, electronic controls, monitoring devices, and related parts and equipment for use in groundwater, water transfer, and wastewater, The Fueling Systems segment designs, manufactures and sells pumps, pipe, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment for use in fueling system applications and the Distribution segment sells and provides presale support and specifications to the installing contractors.
Executives
Gregg C Sengstack officer: Senior Vice President and CFO FRANKLIN ELECTRIC CO INC, 9255 COVERDALE RD, FORT WAYNE IN 46809
Delancey W Davis officer: Vice President, Director of Sa FRANKLIN ELECTRIC CO., INC., 9255 COVERDALE RD, FORT WAYNE IN 46809
Greg Michael Levine officer: VP & President, Global Water 954 CHAPEL OAKS ROAD, FRONTENAC MO 63131
Jonathan M. Grandon officer: Chief Administrative Officer 56 EAST BELL DRIVE, P.O. BOX, WARSAW IN 46581
Donald P Kenney officer: VP and President Energy System FRANKLIN ELECTRIC CO., INC., 9255 COVERDALE RD, FORT WAYNE IN 46809
Paul Chhabra officer: VP, Global Product Supply 9255 COVERDALE ROAD, FORT WAYNE IN 46809
Jeffery L Taylor officer: Vice President and CFO 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Chris Villavarayan director C/O MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084
Brent L Spikes officer: VP, Global Manufacturing Ops 10330 CYGNET COVE, ROANOKE IN 46783
Kenneth Keene officer: VP, Global Supply Chain 626 MONTE VISTA DRIVE, FORT WAYNE IN 46814
John J Haines officer: Vice President and CFO FRANKLIN ELECTRIC CO., INC., 9255 COVERDALE RD, FORT WAYNE IN 46809
Luxfer Holdings Plc director LUMNS LANE, MANCHESTER X0 M27 8LN
Alok Maskara director 2140 LAKE PARK BLVD, RICHARDSON TX 75080
Jay J Walsh officer: President, Franklin Fueling 502 CABRILLO COURT, VERONA WI 53593
Julie Scheck Freigang officer: Vice President 515 FRANKLIN STREET, MICHIGAN CITY IN 46360