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ASHTY (Ashtead Group) Cyclically Adjusted FCF per Share : $0.00 (As of Oct. 2024)


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What is Ashtead Group 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.

Ashtead Group's adjusted free cash flow per share for the three months ended in Oct. 2024 was $2.196. 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 $0.00 for the trailing ten years ended in Oct. 2024.

During the past 12 months, Ashtead Group's average Cyclically Adjusted FCF Growth Rate was 14.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 21.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 41.70% 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 Ashtead Group was 78.30% per year. The lowest was 21.20% per year. And the median was 58.70% per year.

As of today (2024-12-12), Ashtead Group's current stock price is $274.45. Ashtead Group's Cyclically Adjusted FCF per Share for the quarter that ended in Oct. 2024 was $0.00. Ashtead Group's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ashtead Group was 1721.00. The lowest was 39.47. And the median was 76.54.


Ashtead Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ashtead Group'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.

Ashtead Group Cyclically Adjusted FCF per Share Chart

Ashtead Group Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.70 3.58 4.40 5.33 5.79

Ashtead Group Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 5.18 5.30 5.79 6.20 -

Competitive Comparison of Ashtead Group's Cyclically Adjusted FCF per Share

For the Rental & Leasing Services subindustry, Ashtead Group'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.


Ashtead Group's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ashtead Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ashtead Group 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, Ashtead Group's adjusted Free Cash Flow per Share data for the three months ended in Oct. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=2.196/133.5000*133.5000
=2.196

Current CPI (Oct. 2024) = 133.5000.

Ashtead Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201501 -0.387 99.200 -0.521
201504 1.448 99.900 1.935
201507 -1.728 100.000 -2.307
201510 -0.781 100.300 -1.040
201601 0.206 99.900 0.275
201604 1.421 100.600 1.886
201607 -0.543 100.900 -0.718
201610 0.271 101.600 0.356
201701 0.851 101.800 1.116
201704 2.652 103.200 3.431
201707 0.507 103.500 0.654
201710 -0.159 104.400 -0.203
201801 1.611 104.500 2.058
201804 2.222 105.500 2.812
201807 0.529 105.900 0.667
201810 -0.345 106.700 -0.432
201901 0.512 106.400 0.642
201904 3.205 107.600 3.976
201907 1.655 108.000 2.046
201910 0.838 108.300 1.033
202001 1.541 108.300 1.900
202004 4.514 108.600 5.549
202007 4.943 109.200 6.043
202010 4.335 109.200 5.300
202101 2.880 109.300 3.518
202104 3.901 110.400 4.717
202107 3.704 111.400 4.439
202110 0.117 113.400 0.138
202201 2.622 114.600 3.054
202204 3.404 119.000 3.819
202207 0.763 121.200 0.840
202210 0.490 124.300 0.526
202301 1.184 124.800 1.267
202304 2.009 128.300 2.090
202307 -1.341 129.000 -1.388
202310 -2.047 130.200 -2.099
202401 -1.253 130.000 -1.287
202404 6.178 132.200 6.239
202407 1.365 132.900 1.371
202410 2.196 133.500 2.196

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


Ashtead Group  (OTCPK:ASHTY) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ashtead Group was 1721.00. The lowest was 39.47. And the median was 76.54.


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.


Ashtead Group Cyclically Adjusted FCF per Share Related Terms

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


Ashtead Group Business Description

Traded in Other Exchanges
Address
100 Cheapside, London, GBR, EC2V 6DT
Ashtead is an equipment rental business with operations in the US, Canada, and United Kingdom, operating under the Sunbelt Rentals brand. Earnings are mostly derived from the US where Sunbelt enjoy a number-two market position with a 13% share in a highly fragmented market consisting of national, regional, and independent competitors. Ashtead rents a range of construction, industrial, and general equipment such as aerial lifts, hand-held tools, and forklifts across its more than 1,550 rental stores worldwide.

Ashtead Group Headlines

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