GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Federal Signal Corp (NYSE:FSS) » Definitions » Cyclically Adjusted Price-to-FCF

Federal Signal (Federal Signal) Cyclically Adjusted Price-to-FCF : 60.78 (As of Apr. 27, 2024)


View and export this data going back to 1969. Start your Free Trial

What is Federal Signal Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Federal Signal's current share price is $83.88. Federal Signal's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.38. Federal Signal's Cyclically Adjusted Price-to-FCF for today is 60.78.

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

FSS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.22   Med: 30.28   Max: 62.71
Current: 60.92

During the past years, Federal Signal's highest Cyclically Adjusted Price-to-FCF was 62.71. The lowest was 10.22. And the median was 30.28.

FSS's Cyclically Adjusted Price-to-FCF is ranked worse than
72.34% of 1016 companies
in the Industrial Products industry
Industry Median: 32.505 vs FSS: 60.92

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.

Federal Signal's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.529. 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 $1.38 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Federal Signal Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Federal Signal'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.

Federal Signal Cyclically Adjusted Price-to-FCF Chart

Federal Signal 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 41.68 35.74 38.70 38.71 55.74

Federal Signal 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 38.71 42.93 49.77 45.23 55.74

Competitive Comparison of Federal Signal's Cyclically Adjusted Price-to-FCF

For the Pollution & Treatment Controls subindustry, Federal Signal'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.


Federal Signal's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Federal Signal's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Federal Signal 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.

Federal Signal's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=83.88/1.38
=60.78

* 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.

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

For example, Federal Signal'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)
=1.529/129.4194*129.4194
=1.529

Current CPI (Dec. 2023) = 129.4194.

Federal Signal Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.179 99.695 -0.232
201406 0.398 100.560 0.512
201409 0.266 100.428 0.343
201412 0.438 99.070 0.572
201503 0.009 99.621 0.012
201506 0.341 100.684 0.438
201509 0.599 100.392 0.772
201512 0.432 99.792 0.560
201603 -0.117 100.470 -0.151
201606 0.148 101.688 0.188
201609 0.190 101.861 0.241
201612 0.091 101.863 0.116
201703 0.209 102.862 0.263
201706 0.501 103.349 0.627
201709 0.058 104.136 0.072
201712 0.306 104.011 0.381
201803 0.120 105.290 0.148
201806 0.385 106.317 0.469
201809 0.506 106.507 0.615
201812 0.275 105.998 0.336
201903 -0.217 107.251 -0.262
201906 0.485 108.070 0.581
201909 0.342 108.329 0.409
201912 0.485 108.420 0.579
202003 -0.070 108.902 -0.083
202006 0.865 108.767 1.029
202009 0.108 109.815 0.127
202012 0.822 109.897 0.968
202103 0.352 111.754 0.408
202106 0.134 114.631 0.151
202109 0.204 115.734 0.228
202112 0.350 117.630 0.385
202203 -0.435 121.301 -0.464
202206 0.125 125.017 0.129
202209 0.097 125.227 0.100
202212 0.520 125.222 0.537
202303 0.018 127.348 0.018
202306 0.427 128.729 0.429
202309 0.689 129.860 0.687
202312 1.529 129.419 1.529

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.


Federal Signal  (NYSE:FSS) 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.


Federal Signal Cyclically Adjusted Price-to-FCF Related Terms

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


Federal Signal (Federal Signal) Business Description

Traded in Other Exchanges
Address
1415 West 22nd Street, Suite 1100, Oak Brook, IL, USA, 60523
Federal Signal Corp designs and manufactures products and integrated solutions for municipal, governmental, industrial, and airport customers. It operates in the segments of Environmental Solutions Group and the Safety and Security Systems Group. The Environmental solutions group manufactures and supplies street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks, high-performance waterblasting equipment, dump truck bodies and trailers. The Safety and Security Systems Group offers comprehensive systems and products such as campus and community alerting, emergency vehicles, first responder interoperable communications, and others. The company generates a majority of its revenue from the Environmental Solutions Group segment.
Executives
Mark Weber officer: President-Envir. Products Grp. 1415 W. 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Felix Boeschen officer: VP Strategy/Investor Relations 1415 W. 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Dennis J Martin director 505 WEST FRANKLIN AVENUE, NAPERVILLE IL 60540
Lauren B Elting officer: VP & Corporate Controller 1415 WEST 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Ian A. Hudson officer: V.P. & Corporate Controller 1415 WEST 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Diane Bonina officer: VP, Gen'l Counsel & Secretary 1415 W. 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Shashank Patel director 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573
Svetlana Vinokur officer: VP, Treasurer & Corp. Develop. 1415 WEST 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Jennifer L Sherman officer: VP, General Counsel & Sec. 1415 W. 22ND STREET, SUITE 1100, OAK BROOK IL 60523
William F Owens director C/O KEY ENERGY SERVICES, INC., 1301 MCKINNEY STREET, SUITE 1800, HOUSTON TX 77010
John L Workman director C/O HEALTHSOUTH CORPORATION, ONE HEALTHSOUTH PARKWAY, BIRMINGHAM AL 35243
Richard R Mudge director 1415 WEST 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Lowe Eugene Joseph Iii director 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Patrick E. Miller director C/O COMMERICAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Samuel Miceli officer: Sr. VP - Env. Solutions. Group 1415 WEST 22ND STREET, SUITE 1100, OAK BROOK IL 60523