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Alfa Laval AB (Alfa Laval AB) Cyclically Adjusted FCF per Share : $1.12 (As of Mar. 2024)


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What is Alfa Laval AB Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Alfa Laval AB's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.217. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $1.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Alfa Laval AB's average Cyclically Adjusted FCF Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Alfa Laval AB was 7.00% per year. The lowest was 1.40% per year. And the median was 4.95% per year.

As of today (2024-05-14), Alfa Laval AB's current stock price is $37.00. Alfa Laval AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.12. Alfa Laval AB's Cyclically Adjusted Price-to-FCF of today is 33.04.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Alfa Laval AB was 38.13. The lowest was 16.42. And the median was 24.08.


Alfa Laval AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Alfa Laval AB's Cyclically Adjusted FCF per Share 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.

Alfa Laval AB Cyclically Adjusted FCF per Share Chart

Alfa Laval AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 1.24 1.29 0.94 1.05

Alfa Laval AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 1.06 1.10 1.08 1.05 1.12

Competitive Comparison of Alfa Laval AB's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Alfa Laval AB'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.


Alfa Laval AB's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Alfa Laval AB Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Alfa Laval AB's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.217/130.9575*130.9575
=0.217

Current CPI (Mar. 2024) = 130.9575.

Alfa Laval AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.371 100.432 0.484
201409 0.509 100.161 0.666
201412 0.464 100.225 0.606
201503 0.285 99.950 0.373
201506 0.395 99.995 0.517
201509 0.339 100.228 0.443
201512 0.448 100.276 0.585
201603 0.234 100.751 0.304
201606 0.315 101.019 0.408
201609 0.217 101.138 0.281
201612 0.432 102.022 0.555
201703 0.179 102.022 0.230
201706 0.248 102.752 0.316
201709 0.278 103.279 0.353
201712 0.360 103.793 0.454
201803 0.140 103.962 0.176
201806 0.283 104.875 0.353
201809 0.249 105.679 0.309
201812 0.246 105.912 0.304
201903 0.139 105.886 0.172
201906 0.111 106.742 0.136
201909 0.250 107.214 0.305
201912 0.477 107.766 0.580
202003 0.182 106.563 0.224
202006 0.679 107.498 0.827
202009 0.237 107.635 0.288
202012 0.629 108.296 0.761
202103 0.195 108.360 0.236
202106 0.355 108.928 0.427
202109 0.319 110.338 0.379
202112 0.248 112.486 0.289
202203 0.124 114.825 0.141
202206 -0.029 118.384 -0.032
202209 0.070 122.296 0.075
202212 0.175 126.365 0.181
202303 0.130 127.042 0.134
202306 0.178 129.407 0.180
202309 0.525 130.224 0.528
202312 0.700 130.958 0.700
202403 0.217 130.958 0.217

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Alfa Laval AB  (OTCPK:ALFVF) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Alfa Laval AB's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=37.00/1.12
=33.04

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Alfa Laval AB was 38.13. The lowest was 16.42. And the median was 24.08.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Alfa Laval AB Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Alfa Laval AB's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Alfa Laval AB (Alfa Laval AB) Business Description

Industry
Traded in Other Exchanges
Address
Rudeboksvagen 1, P.O. Box 73, Lund, SWE, SE-221 00
Alfa Laval is a leading manufacturer of highly engineered equipment, primarily in the areas of separation, heat transfer, and fluid handling used by a diverse range of customers spanning the food, water, energy, and marine industry verticals. These products play a key role in a number of industrial processes, and Alfa Laval enjoys a leading position in all three areas. Alfa Laval's history stretches back 140 years to when its first separator was developed. The company is listed on the Stockholm stock exchange.