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American Axle & Mfg Holdings (American Axle & Mfg Holdings) Cyclically Adjusted Price-to-FCF : 3.15 (As of Apr. 27, 2024)


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What is American Axle & Mfg Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), American Axle & Mfg Holdings's current share price is $7.52. American Axle & Mfg Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.39. American Axle & Mfg Holdings's Cyclically Adjusted Price-to-FCF for today is 3.15.

The historical rank and industry rank for American Axle & Mfg Holdings's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

AXL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.68   Med: 9.73   Max: 841.5
Current: 3.15

During the past years, American Axle & Mfg Holdings's highest Cyclically Adjusted Price-to-FCF was 841.50. The lowest was 2.68. And the median was 9.73.

AXL's Cyclically Adjusted Price-to-FCF is ranked better than
96.47% of 481 companies
in the Vehicles & Parts industry
Industry Median: 21.61 vs AXL: 3.15

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.

American Axle & Mfg Holdings's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.044. 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 $2.39 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Axle & Mfg Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for American Axle & Mfg 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.

* Premium members only.

American Axle & Mfg Holdings Cyclically Adjusted Price-to-FCF Chart

American Axle & Mfg Holdings 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 27.32 20.75 8.21 3.71 3.68

American Axle & Mfg Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.71 3.46 3.48 2.91 3.68

Competitive Comparison of American Axle & Mfg Holdings's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, American Axle & Mfg 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.


American Axle & Mfg Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where American Axle & Mfg Holdings's Cyclically Adjusted Price-to-FCF falls into.



American Axle & Mfg 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.

American Axle & Mfg Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.52/2.39
=3.15

* 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.

American Axle & Mfg Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, American Axle & Mfg Holdings'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)
=-0.044/129.4194*129.4194
=-0.044

Current CPI (Dec. 2023) = 129.4194.

American Axle & Mfg Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.366 99.695 -1.773
201406 1.082 100.560 1.393
201409 1.274 100.428 1.642
201412 0.481 99.070 0.628
201503 -0.489 99.621 -0.635
201506 1.312 100.684 1.686
201509 0.957 100.392 1.234
201512 0.630 99.792 0.817
201603 -0.319 100.470 -0.411
201606 1.329 101.688 1.691
201609 0.708 101.861 0.900
201612 0.618 101.863 0.785
201703 0.326 102.862 0.410
201706 0.375 103.349 0.470
201709 0.566 104.136 0.703
201712 0.237 104.011 0.295
201803 -0.576 105.290 -0.708
201806 0.696 106.317 0.847
201809 0.932 106.507 1.133
201812 1.124 105.998 1.372
201903 -1.819 107.251 -2.195
201906 0.920 108.070 1.102
201909 1.279 108.329 1.528
201912 0.731 108.420 0.873
202003 0.618 108.902 0.734
202006 -1.579 108.767 -1.879
202009 1.764 109.815 2.079
202012 1.226 109.897 1.444
202103 1.229 111.754 1.423
202106 1.087 114.631 1.227
202109 0.476 115.734 0.532
202112 0.367 117.630 0.404
202203 0.348 121.301 0.371
202206 0.903 125.017 0.935
202209 0.332 125.227 0.343
202212 0.784 125.222 0.810
202303 -0.126 127.348 -0.128
202306 0.757 128.729 0.761
202309 1.114 129.860 1.110
202312 -0.044 129.419 -0.044

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.


American Axle & Mfg Holdings  (NYSE:AXL) 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.


American Axle & Mfg Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


American Axle & Mfg Holdings (American Axle & Mfg Holdings) Business Description

Traded in Other Exchanges
Address
One Dauch Drive, Detroit, MI, USA, 48211-1198
American Axle & Mfg Holdings Inc is engaged in manufacturing, engineering, designing and validation of driveline systems and related components and chassis modules for light trucks, SUVs, crossover vehicles, passenger cars, and commercial vehicles. The company's segment includes Driveline and Metal Forming. It generates maximum revenue from the Driveline segment.
Executives
Terri M. Kemp officer: Senior VP Human Resources ONE DAUCH DRIVE, DETROIT MI 48211
Matthew K. Paroly officer: VP & General Counsel ONE DAUCH DRIVE, DETROIT MI 48211
Norman Willemse officer: VP, Metal Form Prod. Bus. Unit ONE DAUCH DRIVE, DETROIT MI 48211-1198
James A Mccaslin director
Herbert K Parker director 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
John F. Smith director ONE DAUCH DR., DETROIT MI 48211
Tolga I Oal officer: President, AAM North America 201 ISABELLA STREET, PITTSTBURGH PA 15212
Alberto L Satine officer: VP-Procurement ONE DAUCH DRIVE, DETROIT MI 48211
Sandra E. Pierce director 2555 TELEGRAPH RD., BLOOMFIELD HILLS MI 48302
Miller William P Ii director 20 S. WACKER DR., CHICAGO IL 60606
Michael Joseph Lynch officer: VP Finance & Controller ONE DAUCH DRIVE, DETROIT MI 48211
Michael K Simonte officer: VP & Treasurer ONE DAUCH DRIVE, DETROIT MI 48211-1198
Bowes Timothy Earl Joseph officer: Senior VP Corporate Planning 2135 WEST MAPLE ROAD, TROY MI 48084
Elizabeth Anne Chappell director ONE DAUCH DRIVE, DETROIT MI 48211
Christopher John May officer: VP & CFO ONE DAUCH DRIVE, DETROIT MI 48211

American Axle & Mfg Holdings (American Axle & Mfg Holdings) Headlines