GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Huntington Ingalls Industries Inc (NYSE:HII) » Definitions » Cyclically Adjusted FCF per Share

Huntington Ingalls Industries (Huntington Ingalls Industries) Cyclically Adjusted FCF per Share : $14.60 (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Huntington Ingalls Industries 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.

Huntington Ingalls Industries's adjusted free cash flow per share for the three months ended in Dec. 2023 was $10.960. 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 $14.60 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Huntington Ingalls Industries's average Cyclically Adjusted FCF Growth Rate was 11.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.60% 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 Huntington Ingalls Industries was 13.80% per year. The lowest was 11.60% per year. And the median was 12.70% per year.

As of today (2024-04-28), Huntington Ingalls Industries's current stock price is $276.97. Huntington Ingalls Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $14.60. Huntington Ingalls Industries's Cyclically Adjusted Price-to-FCF of today is 18.97.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Huntington Ingalls Industries was 31.36. The lowest was 13.78. And the median was 17.36.


Huntington Ingalls Industries Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Huntington Ingalls Industries'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.

Huntington Ingalls Industries Cyclically Adjusted FCF per Share Chart

Huntington Ingalls Industries 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 8.86 10.50 11.51 13.05 14.60

Huntington Ingalls Industries 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 13.05 14.17 14.00 14.18 14.60

Competitive Comparison of Huntington Ingalls Industries's Cyclically Adjusted FCF per Share

For the Aerospace & Defense subindustry, Huntington Ingalls Industries'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.


Huntington Ingalls Industries's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Huntington Ingalls Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Huntington Ingalls Industries's Cyclically Adjusted Price-to-FCF falls into.



Huntington Ingalls Industries 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, Huntington Ingalls Industries'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)
=10.96/129.4194*129.4194
=10.960

Current CPI (Dec. 2023) = 129.4194.

Huntington Ingalls Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -4.789 99.695 -6.217
201406 4.990 100.560 6.422
201409 4.408 100.428 5.681
201412 7.444 99.070 9.724
201503 -0.205 99.621 -0.266
201506 2.807 100.684 3.608
201509 4.442 100.392 5.726
201512 6.983 99.792 9.056
201603 0.359 100.470 0.462
201606 2.547 101.688 3.242
201609 4.110 101.861 5.222
201612 4.399 101.863 5.589
201703 0.862 102.862 1.085
201706 2.336 103.349 2.925
201709 0.110 104.136 0.137
201712 6.154 104.011 7.657
201803 1.004 105.290 1.234
201806 3.093 106.317 3.765
201809 -4.827 106.507 -5.865
201812 11.142 105.998 13.604
201903 -2.391 107.251 -2.885
201906 -4.029 108.070 -4.825
201909 6.019 108.329 7.191
201912 9.300 108.420 11.101
202003 -0.074 108.902 -0.088
202006 2.998 108.767 3.567
202009 3.735 109.815 4.402
202012 11.552 109.897 13.604
202103 -0.423 111.754 -0.490
202106 0.546 114.631 0.616
202109 6.650 115.734 7.436
202112 3.871 117.630 4.259
202203 -3.150 121.301 -3.361
202206 5.187 125.017 5.370
202209 -2.394 125.227 -2.474
202212 12.369 125.222 12.784
202303 -1.303 127.348 -1.324
202306 0.352 128.729 0.354
202309 7.050 129.860 7.026
202312 10.960 129.419 10.960

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


Huntington Ingalls Industries  (NYSE:HII) 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.

Huntington Ingalls Industries's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=276.97/14.6
=18.97

* 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 Huntington Ingalls Industries was 31.36. The lowest was 13.78. And the median was 17.36.


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.


Huntington Ingalls Industries Cyclically Adjusted FCF per Share Related Terms

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


Huntington Ingalls Industries (Huntington Ingalls Industries) Business Description

Traded in Other Exchanges
Address
4101 Washington Avenue, Newport News, VA, USA, 23607
Huntington Ingalls Industries is the largest independent military shipbuilder in the U.S., spun off of Northrop Grumman in 2011. It operates three segments, two of which are historied shipyards: Ingalls produces non-nuclear-powered ships including amphibious landing ships and Arleigh Burke-class destroyers while Newport News produces nuclear-powered ships as the only producer of Gerald Ford-class aircraft carriers and a major subcontractor on Virginia and Columbia-class nuclear submarines. Huntington Ingalls shares production of destroyers and nuclear submarines with General Dynamics' Bath Iron Works and Electric Boat shipyards, respectively. The company's Mission Technologies segment produces uncrewed sea vessels and provides a range of IT and other services to U.S. government agencies.
Executives
Jennifer R. Boykin officer: Vice President, Engineering C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607
D R Wyatt officer: Corp VP & Treasurer C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607
Craig S. Faller director C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE., NEWPORT NEWS VA 23607
Chad N. Boudreaux officer: Ex VP & Chief Legal Officer C/O 4101 WASHINGTON AVENUE, BLDG 909-7, NEWPORT NEWS VA 23607
Nicolas G Schuck officer: Corp VP, Controller & CAO C/OHUNTINGTON INGALLS INDUSTRIES, 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607
Christopher W. Soong officer: Ex VP & CIO C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE., NEWPORT NEWS VA 23607
Hughes Edmond E. Jr. officer: Ex VP & Chief HR Officer C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE. BLDG 909-7, NEWPORT NEWS VA 23607
Green Edgar A Iii officer: Ex VP, Pres. HII Technical Sol C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607
Anastasi D Kelly director 88317 WOODLEA MILL ROAD, MCLEAN VA 22102
Eric D. Chewning officer: Ex VP, Strategy & Development C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE., NEWPORT NEWS VA 23607
Leo P Denault director
Todd A. Borkey officer: Ex VP & Chief Technology Offic C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE., NEWPORT NEWS VA 23607
Paul C. Harris officer: Ex VP & Chief Sustainability C/O HUNTINGTON INGALLS INDUSTRIES, 4101 WASHINGTON AVE BLDG 909-7, NEWPORT NEWS VA 23607
William R Ermatinger officer: Corp VP & Chief HR Officer C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607
Frank R Jimenez director GE HEALTHCARE TECHNOLOGIES INC., 500 W. MONROE ST., CHICAGO IL 606061

Huntington Ingalls Industries (Huntington Ingalls Industries) Headlines