GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Dorel Industries Inc (OTCPK:DIIBF) » Definitions » Cyclically Adjusted Price-to-FCF

Dorel Industries (Dorel Industries) Cyclically Adjusted Price-to-FCF : 4.01 (As of Apr. 29, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Dorel Industries Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Dorel Industries's current share price is $4.374. Dorel Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.09. Dorel Industries's Cyclically Adjusted Price-to-FCF for today is 4.01.

The historical rank and industry rank for Dorel Industries's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

DIIBF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.83   Med: 9.24   Max: 14.74
Current: 4.26

During the past years, Dorel Industries's highest Cyclically Adjusted Price-to-FCF was 14.74. The lowest was 0.83. And the median was 9.24.

DIIBF's Cyclically Adjusted Price-to-FCF is ranked better than
92.82% of 181 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 17.77 vs DIIBF: 4.26

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.

Dorel Industries's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.169. 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 $1.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dorel Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dorel Industries'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.

Dorel Industries Cyclically Adjusted Price-to-FCF Chart

Dorel Industries 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 2.53 6.03 8.65 3.26 4.34

Dorel 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 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 3.26 2.36 2.92 3.66 4.34

Competitive Comparison of Dorel Industries's Cyclically Adjusted Price-to-FCF

For the Furnishings, Fixtures & Appliances subindustry, Dorel 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.


Dorel Industries's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Dorel Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Dorel Industries 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.

Dorel Industries's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.374/1.09
=4.01

* 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.

Dorel Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Dorel 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)
=0.169/125.4675*125.4675
=0.169

Current CPI (Dec. 2023) = 125.4675.

Dorel Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.327 98.604 -0.416
201406 -0.031 99.473 -0.039
201409 1.393 99.394 1.758
201412 0.313 98.367 0.399
201503 -3.016 99.789 -3.792
201506 0.063 100.500 0.079
201509 2.036 100.421 2.544
201512 1.748 99.947 2.194
201603 -0.481 101.054 -0.597
201606 1.393 102.002 1.713
201609 1.405 101.765 1.732
201612 1.867 101.449 2.309
201703 -0.835 102.634 -1.021
201706 0.452 103.029 0.550
201709 0.476 103.345 0.578
201712 -0.098 103.345 -0.119
201803 -0.474 105.004 -0.566
201806 1.004 105.557 1.193
201809 0.522 105.636 0.620
201812 0.661 105.399 0.787
201903 -0.687 106.979 -0.806
201906 0.249 107.690 0.290
201909 1.214 107.611 1.415
201912 0.693 107.769 0.807
202003 -0.298 107.927 -0.346
202006 3.480 108.401 4.028
202009 0.633 108.164 0.734
202012 -0.762 108.559 -0.881
202103 -0.409 110.298 -0.465
202106 0.227 111.720 0.255
202109 -1.077 112.905 -1.197
202112 0.713 113.774 0.786
202203 -3.219 117.646 -3.433
202206 -1.627 120.806 -1.690
202209 -0.804 120.648 -0.836
202212 0.773 120.964 0.802
202303 0.939 122.702 0.960
202306 0.249 124.203 0.252
202309 0.284 125.230 0.285
202312 0.169 125.468 0.169

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.


Dorel Industries  (OTCPK:DIIBF) 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.


Dorel Industries Cyclically Adjusted Price-to-FCF Related Terms

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


Dorel Industries (Dorel Industries) Business Description

Traded in Other Exchanges
Address
1255 Greene Avenue, Suite 300, Westmount, QC, CAN, H3Z 2A4
Dorel Industries Inc is a Canadian company that sells juvenile products and furniture. Its segments include Dorel Home and Dorel Juvenile. Dorel Home segment is engaged in the design, sourcing, manufacturing, and distribution of ready-to-assemble furniture and home furnishings which include metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items. Dorel Juvenile segment is engaged in the design, sourcing, manufacturing, distribution, and retail of children's accessories which include infant car seats, strollers, high chairs, and infant health and safety aids. Its geographical segments include Canada, the United States, Europe, Latin America, Asia, and Other countries.