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Strattec Security (Strattec Security) Cyclically Adjusted FCF per Share : $-0.43 (As of Dec. 2023)


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What is Strattec Security 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.

Strattec Security's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-1.129. 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 $-0.43 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Strattec Security's average Cyclically Adjusted FCF Growth Rate was -458.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 27.40% 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 Strattec Security was 29.50% per year. The lowest was -37.70% per year. And the median was -12.30% per year.

As of today (2024-04-27), Strattec Security's current stock price is $23.0024. Strattec Security's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-0.43. Strattec Security's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Strattec Security was 2942.50. The lowest was 24.35. And the median was 125.95.


Strattec Security Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Strattec Security'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.

Strattec Security Cyclically Adjusted FCF per Share Chart

Strattec Security Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.57 -0.34 0.38 0.17 -0.13

Strattec Security 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 0.12 0.01 -0.13 -0.04 -0.43

Competitive Comparison of Strattec Security's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, Strattec Security'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.


Strattec Security's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

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



Strattec Security 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, Strattec Security'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)
=-1.129/129.4194*129.4194
=-1.129

Current CPI (Dec. 2023) = 129.4194.

Strattec Security Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.109 99.695 -0.141
201406 -0.343 100.560 -0.441
201409 0.632 100.428 0.814
201412 -0.427 99.070 -0.558
201503 0.337 99.621 0.438
201506 0.948 100.684 1.219
201509 0.040 100.392 0.052
201512 -1.385 99.792 -1.796
201603 -0.289 100.470 -0.372
201606 -2.582 101.688 -3.286
201609 -0.660 101.861 -0.839
201612 -1.067 101.863 -1.356
201703 -2.222 102.862 -2.796
201706 0.168 103.349 0.210
201709 -1.961 104.136 -2.437
201712 -1.640 104.011 -2.041
201803 -0.639 105.290 -0.785
201806 -0.409 106.317 -0.498
201809 1.032 106.507 1.254
201812 1.746 105.998 2.132
201903 0.228 107.251 0.275
201906 0.357 108.070 0.428
201909 2.873 108.329 3.432
201912 0.672 108.420 0.802
202003 1.699 108.902 2.019
202006 -1.756 108.767 -2.089
202009 1.527 109.815 1.800
202012 1.738 109.897 2.047
202103 1.681 111.754 1.947
202106 1.857 114.631 2.097
202109 -3.194 115.734 -3.572
202112 1.815 117.630 1.997
202203 1.971 121.301 2.103
202206 -1.562 125.017 -1.617
202209 -0.004 125.227 -0.004
202212 -0.185 125.222 -0.191
202303 -1.393 127.348 -1.416
202306 -0.270 128.729 -0.271
202309 -1.709 129.860 -1.703
202312 -1.129 129.419 -1.129

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


Strattec Security  (NAS:STRT) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Strattec Security was 2942.50. The lowest was 24.35. And the median was 125.95.


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.


Strattec Security Cyclically Adjusted FCF per Share Related Terms

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


Strattec Security (Strattec Security) Business Description

Traded in Other Exchanges
Address
3333 West Good Hope Road, Milwaukee, WI, USA, 53209
Strattec Security Corp designs develops, manufactures and markets mechanical locks, electronically enhanced locks and keys. It also produces ignition lock housings; access control products, including latches, power sliding door systems, and door handles. Strattec ships products to customer locations in the United States, Canada, Mexico, Europe, South America, Korea and China, and provides full-service aftermarket support. Strattec also supplies products for the heavy truck and recreational vehicle markets, as well as precision, die castings.
Executives
Gamco Investors, Inc. Et Al 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Liebau Frederic Jack Jr director P.O. BOX 2200, PASADENA CA 91102-2200
Bruce M Lisman director C/O MERCHANTS BANK, 275 KENNEDY DR, S. BURLINGTON VT 05403
Richard P Messina officer: VP-Strattec Power Access LLC C/O STRATTEC SECURITY CORPORATION, 3333 WEST GOOD HOPE ROAD, MILWAUKEE WI 53209
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Associated Capital Group, Inc. 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Dennis Bowe officer: Vice President and CFO 3333 WEST GOOD HOPE ROAD, MILWAUKEE WI 53209
Patrick J Hansen officer: Vice Pres., CFO and Secretary C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Frank Krejci director
Tina M Chang director 375 BISHOPS WAY, SUITE 105, BROOKFIELD WI 53005
Stratton Harold M Ii director, officer: Chairman of the Board & CEO P.O. BOX 8057, NAPLES FL 34101
Al-waleed H. Hamdan officer: VP of Product Management 3333 WEST GOOD HOPE ROAD, MILWAUKEE WI 53209
Rolando Guillot officer: Vice Pres.-Mexican Operations C/O STRATTEC SECURITY CORPORATION, 3333 WEST GOOD HOPE ROAD, MILWAUKEE WI 53209
Brian J Reetz officer: VP - Security Products C/O STRATTEC SECURITY CORPORATION, 3333 WEST GOOD HOPE ROAD, MILWAUKEE WI 53209