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Hubbell (FRA:HUEC) Cyclically Adjusted FCF per Share : €8.57 (As of Mar. 2024)


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What is Hubbell 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.

Hubbell's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.884. 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 €8.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hubbell's average Cyclically Adjusted FCF Growth Rate was 10.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 7.70% 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 Hubbell was 16.30% per year. The lowest was 4.20% per year. And the median was 7.50% per year.

As of today (2024-05-23), Hubbell's current stock price is €374.00. Hubbell's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €8.57. Hubbell's Cyclically Adjusted Price-to-FCF of today is 43.64.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hubbell was 45.57. The lowest was 15.70. And the median was 23.82.


Hubbell Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hubbell'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.

Hubbell Cyclically Adjusted FCF per Share Chart

Hubbell 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 5.58 5.54 6.71 7.68 8.14

Hubbell 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 7.76 8.10 8.53 8.14 8.57

Competitive Comparison of Hubbell's Cyclically Adjusted FCF per Share

For the Electrical Equipment & Parts subindustry, Hubbell'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.


Hubbell's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Hubbell 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, Hubbell'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)
=0.884/131.7762*131.7762
=0.884

Current CPI (Mar. 2024) = 131.7762.

Hubbell Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.538 100.560 0.705
201409 1.589 100.428 2.085
201412 1.875 99.070 2.494
201503 0.151 99.621 0.200
201506 0.840 100.684 1.099
201509 1.179 100.392 1.548
201512 1.933 99.792 2.553
201603 0.747 100.470 0.980
201606 0.796 101.688 1.032
201609 2.034 101.861 2.631
201612 2.060 101.863 2.665
201703 0.829 102.862 1.062
201706 0.790 103.349 1.007
201709 1.180 104.136 1.493
201712 1.911 104.011 2.421
201803 -0.330 105.290 -0.413
201806 1.983 106.317 2.458
201809 2.555 106.507 3.161
201812 2.453 105.998 3.050
201903 0.888 107.251 1.091
201906 1.736 108.070 2.117
201909 2.504 108.329 3.046
201912 3.166 108.420 3.848
202003 1.502 108.902 1.817
202006 2.913 108.767 3.529
202009 2.106 109.815 2.527
202012 2.420 109.897 2.902
202103 0.608 111.754 0.717
202106 2.015 114.631 2.316
202109 1.113 115.734 1.267
202112 3.391 117.630 3.799
202203 -0.966 121.301 -1.049
202206 2.554 125.017 2.692
202209 3.533 125.227 3.718
202212 3.095 125.222 3.257
202303 1.391 127.348 1.439
202306 3.285 128.729 3.363
202309 2.759 129.860 2.800
202312 4.816 129.419 4.904
202403 0.884 131.776 0.884

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


Hubbell  (FRA:HUEC) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=374.00/8.57
=43.64

* 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 Hubbell was 45.57. The lowest was 15.70. And the median was 23.82.


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.


Hubbell Cyclically Adjusted FCF per Share Related Terms

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


Hubbell (FRA:HUEC) Business Description

Industry
Traded in Other Exchanges
Address
40 Waterview Drive, Shelton, CT, USA, 06484
Hubbell is a diversified conglomerate industrial company that mostly competes in the electrical components market. Its products and services serve vital portions of the U.S. electrical supply chain, including transmission and distribution as well as the commercial, industrial, and residential end markets. The company organizes its business into two segments: electrical and power systems. The consolidated business sells about two thirds of its products via distributors, with the remainder sold via direct sales to utilities and contractors. The 2018 acquisition of Aclara, folded into the utility solutions segment, brought Hubbell a portfolio of smart meters and communication sensors that serves electrical, water, and gas utilities.

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