GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hammond Power Solutions Inc (OTCPK:HMDPF) » Definitions » Cyclically Adjusted Price-to-FCF

Hammond Power Solutions (Hammond Power Solutions) Cyclically Adjusted Price-to-FCF : 109.73 (As of Apr. 27, 2024)


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

What is Hammond Power Solutions Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Hammond Power Solutions's current share price is $99.85. Hammond Power Solutions's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.91. Hammond Power Solutions's Cyclically Adjusted Price-to-FCF for today is 109.73.

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

HMDPF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.82   Med: 13.18   Max: 128.93
Current: 109.02

During the past years, Hammond Power Solutions's highest Cyclically Adjusted Price-to-FCF was 128.93. The lowest was 7.82. And the median was 13.18.

HMDPF's Cyclically Adjusted Price-to-FCF is ranked worse than
82.84% of 1020 companies
in the Industrial Products industry
Industry Median: 32.64 vs HMDPF: 109.02

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.

Hammond Power Solutions's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.958. 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 $0.91 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hammond Power Solutions Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hammond Power Solutions'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.

Hammond Power Solutions Cyclically Adjusted Price-to-FCF Chart

Hammond Power Solutions 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 11.78 12.40 14.64 21.62 67.57

Hammond Power Solutions 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 21.62 43.40 51.16 48.43 67.57

Competitive Comparison of Hammond Power Solutions's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Hammond Power Solutions'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.


Hammond Power Solutions's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

* The bar in red indicates where Hammond Power Solutions's Cyclically Adjusted Price-to-FCF falls into.



Hammond Power Solutions 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.

Hammond Power Solutions's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=99.85/0.91
=109.73

* 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.

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

For example, Hammond Power Solutions'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)
=0.958/125.4675*125.4675
=0.958

Current CPI (Dec. 2023) = 125.4675.

Hammond Power Solutions Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.163 98.604 -0.207
201406 0.136 99.473 0.172
201409 0.790 99.394 0.997
201412 -0.282 98.367 -0.360
201503 0.005 99.789 0.006
201506 0.014 100.500 0.017
201509 0.371 100.421 0.464
201512 0.491 99.947 0.616
201603 -0.255 101.054 -0.317
201606 -0.369 102.002 -0.454
201609 0.401 101.765 0.494
201612 1.072 101.449 1.326
201703 -0.523 102.634 -0.639
201706 0.129 103.029 0.157
201709 0.365 103.345 0.443
201712 -0.016 103.345 -0.019
201803 -0.167 105.004 -0.200
201806 0.031 105.557 0.037
201809 0.009 105.636 0.011
201812 0.222 105.399 0.264
201903 0.089 106.979 0.104
201906 -0.007 107.690 -0.008
201909 -0.164 107.611 -0.191
201912 0.950 107.769 1.106
202003 -0.444 107.927 -0.516
202006 0.447 108.401 0.517
202009 0.651 108.164 0.755
202012 0.335 108.559 0.387
202103 -0.558 110.298 -0.635
202106 -0.036 111.720 -0.040
202109 0.386 112.905 0.429
202112 1.149 113.774 1.267
202203 -0.069 117.646 -0.074
202206 0.858 120.806 0.891
202209 0.841 120.648 0.875
202212 0.147 120.964 0.152
202303 -0.768 122.702 -0.785
202306 0.502 124.203 0.507
202309 0.798 125.230 0.800
202312 0.958 125.468 0.958

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.


Hammond Power Solutions  (OTCPK:HMDPF) 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.


Hammond Power Solutions Cyclically Adjusted Price-to-FCF Related Terms

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


Hammond Power Solutions (Hammond Power Solutions) Business Description

Traded in Other Exchanges
Address
595 Southgate Drive, Guelph, ON, CAN, N1G 3W6
Hammond Power Solutions Inc is engaged in designing and manufacturing of custom electrical magnetics, cast resin, custom liquid filled distribution and power transformers and standard electrical transformers, serving the electrical and electronic industries. The company has manufacturing plants in Canada, the United States, Mexico and India. The company operates in various geographical markets including Canada, the United States, Mexico, and India in which it derives majority revenue in the United States and Mexico.

Hammond Power Solutions (Hammond Power Solutions) Headlines

From GuruFocus

The Truth About Canadian Small Caps

By Gordon Pape Gordon Pape 03-28-2016