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ESCO Technologies (ESCO Technologies) Cyclically Adjusted Price-to-FCF : 41.97 (As of Apr. 27, 2024)


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What is ESCO Technologies Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), ESCO Technologies's current share price is $105.34. ESCO Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.51. ESCO Technologies's Cyclically Adjusted Price-to-FCF for today is 41.97.

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

ESE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.87   Med: 35.38   Max: 61.75
Current: 42.04

During the past years, ESCO Technologies's highest Cyclically Adjusted Price-to-FCF was 61.75. The lowest was 18.87. And the median was 35.38.

ESE's Cyclically Adjusted Price-to-FCF is ranked worse than
65.06% of 953 companies
in the Hardware industry
Industry Median: 27.98 vs ESE: 42.04

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.

ESCO Technologies's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.079. 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 $2.51 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ESCO Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ESCO Technologies'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.

ESCO Technologies Cyclically Adjusted Price-to-FCF Chart

ESCO Technologies Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.03 43.93 38.28 31.32 42.29

ESCO Technologies 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 38.02 40.70 42.50 42.29 46.71

Competitive Comparison of ESCO Technologies's Cyclically Adjusted Price-to-FCF

For the Scientific & Technical Instruments subindustry, ESCO Technologies'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.


ESCO Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ESCO Technologies's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



ESCO Technologies 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.

ESCO Technologies's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=105.34/2.51
=41.97

* 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.

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

For example, ESCO Technologies'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)
=-0.079/129.4194*129.4194
=-0.079

Current CPI (Dec. 2023) = 129.4194.

ESCO Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.600 99.695 0.779
201406 0.050 100.560 0.064
201409 0.590 100.428 0.760
201412 -0.231 99.070 -0.302
201503 0.441 99.621 0.573
201506 0.427 100.684 0.549
201509 1.133 100.392 1.461
201512 -0.120 99.792 -0.156
201603 0.123 100.470 0.158
201606 0.737 101.688 0.938
201609 1.238 101.861 1.573
201612 0.282 101.863 0.358
201703 0.404 102.862 0.508
201706 -0.521 103.349 -0.652
201709 0.937 104.136 1.165
201712 0.464 104.011 0.577
201803 0.256 105.290 0.315
201806 0.481 106.317 0.586
201809 1.423 106.507 1.729
201812 0.048 105.998 0.059
201903 0.042 107.251 0.051
201906 0.505 108.070 0.605
201909 2.182 108.329 2.607
201912 -0.453 108.420 -0.541
202003 0.322 108.902 0.383
202006 0.292 108.767 0.347
202009 1.414 109.815 1.666
202012 0.659 109.897 0.776
202103 0.875 111.754 1.013
202106 0.413 114.631 0.466
202109 1.393 115.734 1.558
202112 -0.541 117.630 -0.595
202203 0.449 121.301 0.479
202206 0.342 125.017 0.354
202209 3.209 125.227 3.316
202212 -0.640 125.222 -0.661
202303 -0.197 127.348 -0.200
202306 0.954 128.729 0.959
202309 1.516 129.860 1.511
202312 -0.079 129.419 -0.079

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.


ESCO Technologies  (NYSE:ESE) 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.


ESCO Technologies Cyclically Adjusted Price-to-FCF Related Terms

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


ESCO Technologies (ESCO Technologies) Business Description

Industry
Traded in Other Exchanges
Address
9900A Clayton Road, Saint Louis, MO, USA, 63124-1186
ESCO Technologies Inc sells engineered products and systems for utility, industrial, aerospace, and commercial applications. The firm operates in three segments: Aerospace and Defense, Utility Solutions Group (USG) and RF Shielding and Test (Test). The Aerospace and Defense segment designs and manufactures specialty filtration and naval products. The USG segment provides diagnostic testing solutions. The Test segment provides its customers with the ability to identify, measure and contain magnetic, electromagnetic and acoustic energy.
Executives
Bryan H Sayler director, officer: CEO & President ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, SAINT LOUIS MO 63124
Christopher L Tucker officer: Sr. Vice President & CFO ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, SAINT LOUIS MO 63124
David M Schatz officer: Sr. VP, Sec'y & Gen. Counsel ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, SAINT LOUIS MO 63124
Janice L. Hess director ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, SAINT LOUIS MO 63124
Gloria L Valdez director ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, SAINT LOUIS MO 63124
Larry W Solley director C/O ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, ST LOUIS MO 63124
James M Stolze director C/O ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, ST LOUIS MO 63124
Alyson S Barclay officer: V.P., Secretary & Gen. Coun. C/O ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
Gary E Muenster officer: VP CFO C/O ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
Patrick M Dewar director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Vinod M Khilnani director 905 WEST BLVD NORTH, ELKHART IN 46514
Robert J Phillippy director
Leon J Olivier director EVERSOURCE ENERGY, 56 PROSPECT STREET, HARTFORD CT 06103
James D Woods director C/O ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
James M Mcconnell director C/O ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, ST. LOUIS MO 63124