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Moog (MOG.B) Cyclically Adjusted Price-to-FCF : 37.19 (As of Apr. 28, 2024)


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What is Moog Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Moog's current share price is $155.07. Moog's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.17. Moog's Cyclically Adjusted Price-to-FCF for today is 37.19.

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

MOG.B' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.73   Med: 24.01   Max: 46.08
Current: 40.51

During the past years, Moog's highest Cyclically Adjusted Price-to-FCF was 46.08. The lowest was 11.73. And the median was 24.01.

MOG.B's Cyclically Adjusted Price-to-FCF is ranked worse than
57.27% of 110 companies
in the Aerospace & Defense industry
Industry Median: 35.485 vs MOG.B: 40.51

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.

Moog's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.712. 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 $4.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Moog Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Moog'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.

Moog Cyclically Adjusted Price-to-FCF Chart

Moog 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 23.02 16.64 17.94 15.13 26.64

Moog 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 19.23 23.90 26.76 26.64 34.81

Competitive Comparison of Moog's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Moog'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.


Moog's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Moog's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Moog 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=155.07/4.17
=37.19

* 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.

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

For example, Moog'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)
=0.712/129.4194*129.4194
=0.712

Current CPI (Dec. 2023) = 129.4194.

Moog Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.707 99.695 0.918
201406 1.601 100.560 2.060
201409 1.300 100.428 1.675
201412 1.419 99.070 1.854
201503 0.883 99.621 1.147
201506 1.432 100.684 1.841
201509 2.797 100.392 3.606
201512 -0.345 99.792 -0.447
201603 1.731 100.470 2.230
201606 1.859 101.688 2.366
201609 0.843 101.861 1.071
201612 0.985 101.863 1.251
201703 1.539 102.862 1.936
201706 0.897 103.349 1.123
201709 0.497 104.136 0.618
201712 0.638 104.011 0.794
201803 -0.602 105.290 -0.740
201806 -0.711 106.317 -0.866
201809 0.905 106.507 1.100
201812 1.135 105.998 1.386
201903 0.256 107.251 0.309
201906 -0.308 108.070 -0.369
201909 0.712 108.329 0.851
201912 0.425 108.420 0.507
202003 0.369 108.902 0.439
202006 2.766 108.767 3.291
202009 2.255 109.815 2.658
202012 2.289 109.897 2.696
202103 0.172 111.754 0.199
202106 1.937 114.631 2.187
202109 0.697 115.734 0.779
202112 3.732 117.630 4.106
202203 -0.436 121.301 -0.465
202206 -0.891 125.017 -0.922
202209 0.929 125.227 0.960
202212 -0.692 125.222 -0.715
202303 -3.143 127.348 -3.194
202306 -0.605 128.729 -0.608
202309 3.256 129.860 3.245
202312 0.712 129.419 0.712

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.


Moog  (NYSE:MOG.B) 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.


Moog Cyclically Adjusted Price-to-FCF Related Terms

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


Moog (MOG.B) Business Description

Industry
Traded in Other Exchanges
Address
400 Jamison Road, East Aurora, New York, NY, USA, 14052-0018
Moog Inc is a manufacturer of precision motion and fluid controls systems for the aerospace and defense markets. It has a diversified product range and operates in three segments: Aircraft Controls, Space and Defense Controls, and Industrial Systems. The company has a wide sales and marketing reach with sales staff being the main contact with customers. Additionally, it will use manufacturers' representatives and distributors to market in certain segments. Sales under United States government contracts represent approximately one third of total revenue. Although over half of total sales originate in the United States, the company serves many European and Asian nations.

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