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Johnson Matthey (Johnson Matthey) Cyclically Adjusted Price-to-FCF : 14.57 (As of Apr. 27, 2024)


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What is Johnson Matthey Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Johnson Matthey's current share price is $43.555. Johnson Matthey's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was $2.99. Johnson Matthey's Cyclically Adjusted Price-to-FCF for today is 14.57.

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

JMPLY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.13   Med: 29.38   Max: 63.03
Current: 14.93

During the past 13 years, Johnson Matthey's highest Cyclically Adjusted Price-to-FCF was 63.03. The lowest was 12.13. And the median was 29.38.

JMPLY's Cyclically Adjusted Price-to-FCF is ranked better than
67.25% of 568 companies
in the Chemicals industry
Industry Median: 23.915 vs JMPLY: 14.93

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.

Johnson Matthey's adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was $-0.330. 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 $2.99 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Johnson Matthey Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Johnson Matthey'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.

Johnson Matthey Cyclically Adjusted Price-to-FCF Chart

Johnson Matthey Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.14 17.40 23.65 15.11 16.56

Johnson Matthey Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 15.11 - 16.56 -

Competitive Comparison of Johnson Matthey's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Johnson Matthey'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.


Johnson Matthey's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Johnson Matthey's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Johnson Matthey 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.

Johnson Matthey's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=43.555/2.99
=14.57

* 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.

Johnson Matthey's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Johnson Matthey's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=-0.33/126.8000*126.8000
=-0.330

Current CPI (Mar23) = 126.8000.

Johnson Matthey Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 4.545 99.300 5.804
201503 -1.342 99.600 -1.708
201603 8.700 100.400 10.988
201703 3.379 102.700 4.172
201803 2.470 105.100 2.980
201903 0.451 107.000 0.534
202003 1.990 108.600 2.323
202103 5.577 109.700 6.446
202203 2.084 116.500 2.268
202303 -0.330 126.800 -0.330

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.


Johnson Matthey  (OTCPK:JMPLY) 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.


Johnson Matthey Cyclically Adjusted Price-to-FCF Related Terms

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


Johnson Matthey (Johnson Matthey) Business Description

Traded in Other Exchanges
Address
25 Farringdon Street, 5th Floor, London, GBR, EC4A 4AB
Based in the U.K., Johnson Matthey is a global leader in production of emissions catalysts for automobiles and trucks. The company also manufactures industrial catalysts for the chemicals and oil and gas sectors, and a variety of other industrial products derived from platinum-group metals. The company is seeking to be a leader in hydrogen technologies.