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AVNT (Avient) Cyclically Adjusted FCF per Share : $2.21 (As of Dec. 2024)


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What is Avient 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.

Avient's adjusted free cash flow per share for the three months ended in Dec. 2024 was $0.886. 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 $2.21 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Avient's average Cyclically Adjusted FCF Growth Rate was 1.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 11.30% 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 Avient was 168.00% per year. The lowest was 7.80% per year. And the median was 13.95% per year.

As of today (2025-03-02), Avient's current stock price is $42.77. Avient's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was $2.21. Avient's Cyclically Adjusted Price-to-FCF of today is 19.35.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Avient was 57.53. The lowest was 10.41. And the median was 27.44.


Avient Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Avient'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.

Avient Cyclically Adjusted FCF per Share Chart

Avient Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 1.69 2.05 2.17 2.21

Avient Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.17 2.27 2.22 2.19 2.21

Competitive Comparison of Avient's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, Avient'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.


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

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

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



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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.886/133.1571*133.1571
=0.886

Current CPI (Dec. 2024) = 133.1571.

Avient Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -0.809 99.621 -1.081
201506 1.043 100.684 1.379
201509 0.523 100.392 0.694
201512 0.948 99.792 1.265
201603 -0.504 100.470 -0.668
201606 0.686 101.688 0.898
201609 0.704 101.861 0.920
201612 0.820 101.863 1.072
201703 -0.474 102.862 -0.614
201706 0.592 103.349 0.763
201709 0.605 104.136 0.774
201712 0.780 104.011 0.999
201803 0.170 105.290 0.215
201806 0.787 106.317 0.986
201809 0.524 106.507 0.655
201812 0.732 105.998 0.920
201903 -0.442 107.251 -0.549
201906 1.384 108.070 1.705
201909 1.005 108.329 1.235
201912 0.884 108.420 1.086
202003 -0.276 108.902 -0.337
202006 0.856 108.767 1.048
202009 -0.268 109.815 -0.325
202012 1.400 109.897 1.696
202103 -0.140 111.754 -0.167
202106 0.421 114.631 0.489
202109 0.231 115.734 0.266
202112 0.933 117.630 1.056
202203 0.061 121.301 0.067
202206 0.729 125.017 0.776
202209 1.057 125.227 1.124
202212 1.337 125.222 1.422
202303 -0.463 127.348 -0.484
202306 -0.306 128.729 -0.317
202309 0.465 129.860 0.477
202312 1.199 129.419 1.234
202403 -0.730 131.776 -0.738
202406 0.808 132.554 0.812
202409 0.499 133.029 0.499
202412 0.886 133.157 0.886

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


Avient  (NYSE:AVNT) 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.

Avient's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=42.77/2.21
=19.35

* 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 Avient was 57.53. The lowest was 10.41. And the median was 27.44.


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.


Avient Cyclically Adjusted FCF per Share Related Terms

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


Avient Business Description

Industry
Traded in Other Exchanges
N/A
Address
33587 Walker Road, Avon Lake, OH, USA, 44012
Avient Corp manufactures and sells a variety of chemical and plastic-based products to designers and processors of plastics. The firm operates in two segments: Color, Additives and Inks, and Specialty Engineered Materials. The company's product portfolio includes concentrated color and ink blends, plastic resins, and various specialized polymer materials used in industries such as food packaging, construction, transportation, cosmetics, and healthcare. The color, additives, & ink segment and the distribution segment together generate a vast majority of revenue. More than half of the total revenue is derived from the United States.
Executives
Joel R. Rathbun officer: SVP, Mergers & Acquisitions 33587 WALKER ROAD, AVON LAKE OH 44012
Robert M Patterson director, officer: Chairman, President & CEO 33587 WALKER ROAD, AVON LAKE OH 44012
Kristen Gajewski officer: SVP & CHRO 33587 WALKER ROAD, AVON LAKE OH 44012
Lisa K. Kunkle officer: SVP Gnrl Counsel & Secretary 33587 WALKER ROAD, AVON LAKE OH 44012
Neil Green director 33587 WALKER ROAD, AVON LAKE OH 44012
Ernest Nicolas director 1201 S. 2ND STREET, MILWAUKEE WI 53204
Michael A Garratt officer: SVP, Chief Commercial Officer 33587 WALKER ROAD, AVON LAKE OH 44012
Robert Vinod Purayath officer: SVP & Chief Technology Officer 33587 WALKER ROAD, AVON LAKE OH 44012
Jamie A. Beggs officer: SVP & Chief Financial Officer 33587 WALKER ROAD, AVON LAKE OH 44012
Cathy Dodd officer: SVP, Chief Commercial Officer 33587 WALKER ROAD, AVON LAKE OH 44012
J Scott Horn officer: SVP, President Distribution 33587 WALKER ROAD, AVON LAKE OH 44012
Richard H Fearon director 1239 GERBING ROAD, AMELIA ISLAND FL 32034
Midea M. John Jr. officer: SVP, Glbl Ops & Process Imprv 33587 WALKER ROAD, AVON LAKE OH 44012
Woon Keat Moh officer: SVP, President of CAI 33587 WALKER ROAD, AVON LAKE OH 44012
Patricia Verduin director ONE CONAGRA DRIVE, OMAHA NE 68102