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Huntington Ingalls Industries (FRA:HI4) Cyclically Adjusted FCF per Share : €13.66 (As of Mar. 2024)


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What is Huntington Ingalls Industries 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.

Huntington Ingalls Industries's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-6.452. 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 €13.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Huntington Ingalls Industries's average Cyclically Adjusted FCF Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.60% 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 Huntington Ingalls Industries was 13.80% per year. The lowest was 11.60% per year. And the median was 12.70% per year.

As of today (2024-05-22), Huntington Ingalls Industries's current stock price is €232.60. Huntington Ingalls Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €13.66. Huntington Ingalls Industries's Cyclically Adjusted Price-to-FCF of today is 17.03.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Huntington Ingalls Industries was 31.36. The lowest was 13.78. And the median was 17.32.


Huntington Ingalls Industries Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Huntington Ingalls Industries'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.

Huntington Ingalls Industries Cyclically Adjusted FCF per Share Chart

Huntington Ingalls Industries 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 7.84 8.31 10.05 12.18 12.62

Huntington Ingalls Industries 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 12.99 12.79 13.35 12.62 13.66

Competitive Comparison of Huntington Ingalls Industries's Cyclically Adjusted FCF per Share

For the Aerospace & Defense subindustry, Huntington Ingalls Industries'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.


Huntington Ingalls Industries's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

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

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



Huntington Ingalls Industries 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, Huntington Ingalls Industries'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)
=-6.452/131.7762*131.7762
=-6.452

Current CPI (Mar. 2024) = 131.7762.

Huntington Ingalls Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 3.673 100.560 4.813
201409 3.421 100.428 4.489
201412 6.037 99.070 8.030
201503 -0.190 99.621 -0.251
201506 2.501 100.684 3.273
201509 3.958 100.392 5.195
201512 6.411 99.792 8.466
201603 0.322 100.470 0.422
201606 2.267 101.688 2.938
201609 3.662 101.861 4.737
201612 4.170 101.863 5.395
201703 0.806 102.862 1.033
201706 2.079 103.349 2.651
201709 0.092 104.136 0.116
201712 5.200 104.011 6.588
201803 0.815 105.290 1.020
201806 2.647 106.317 3.281
201809 -4.137 106.507 -5.119
201812 9.794 105.998 12.176
201903 -2.116 107.251 -2.600
201906 -3.565 108.070 -4.347
201909 5.466 108.329 6.649
201912 8.370 108.420 10.173
202003 -0.067 108.902 -0.081
202006 2.662 108.767 3.225
202009 3.171 109.815 3.805
202012 9.496 109.897 11.387
202103 -0.355 111.754 -0.419
202106 0.453 114.631 0.521
202109 5.653 115.734 6.437
202112 3.426 117.630 3.838
202203 -2.860 121.301 -3.107
202206 4.907 125.017 5.172
202209 -2.418 125.227 -2.544
202212 11.676 125.222 12.287
202303 -1.217 127.348 -1.259
202306 0.325 128.729 0.333
202309 6.606 129.860 6.704
202312 10.050 129.419 10.233
202403 -6.452 131.776 -6.452

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


Huntington Ingalls Industries  (FRA:HI4) 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.

Huntington Ingalls Industries's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=232.60/13.66
=17.03

* 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 Huntington Ingalls Industries was 31.36. The lowest was 13.78. And the median was 17.32.


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.


Huntington Ingalls Industries Cyclically Adjusted FCF per Share Related Terms

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


Huntington Ingalls Industries (FRA:HI4) Business Description

Traded in Other Exchanges
Address
4101 Washington Avenue, Newport News, VA, USA, 23607
Huntington Ingalls Industries is the largest independent military shipbuilder in the U.S., spun off of Northrop Grumman in 2011. It operates three segments, two of which are historied shipyards: Ingalls produces non-nuclear-powered ships including amphibious landing ships and Arleigh Burke-class destroyers while Newport News produces nuclear-powered ships as the only producer of Gerald Ford-class aircraft carriers and a major subcontractor on Virginia and Columbia-class nuclear submarines. Huntington Ingalls shares production of destroyers and nuclear submarines with General Dynamics' Bath Iron Works and Electric Boat shipyards, respectively. The company's Mission Technologies segment produces uncrewed sea vessels and provides a range of IT and other services to U.S. government agencies.

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