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Hubbell (Hubbell) Cyclically Adjusted FCF per Share : $9.17 (As of Dec. 2023)


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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 Dec. 2023 was $5.252. 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 $9.17 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Hubbell's average Cyclically Adjusted FCF Growth Rate was 10.90% 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 1.80% per year. And the median was 7.40% per year.

As of today (2024-04-30), Hubbell's current stock price is $407.19. Hubbell's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $9.17. Hubbell's Cyclically Adjusted Price-to-FCF of today is 44.40.

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 23.80.


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 6.15 6.84 7.59 8.27 9.17

Hubbell Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 8.27 8.50 8.83 8.97 9.17

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 Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.252/129.4194*129.4194
=5.252

Current CPI (Dec. 2023) = 129.4194.

Hubbell Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.516 99.695 0.670
201406 0.731 100.560 0.941
201409 2.047 100.428 2.638
201412 2.312 99.070 3.020
201503 0.163 99.621 0.212
201506 0.943 100.684 1.212
201509 1.323 100.392 1.706
201512 2.106 99.792 2.731
201603 0.832 100.470 1.072
201606 0.894 101.688 1.138
201609 2.283 101.861 2.901
201612 2.173 101.863 2.761
201703 0.887 102.862 1.116
201706 0.887 103.349 1.111
201709 1.406 104.136 1.747
201712 2.261 104.011 2.813
201803 -0.407 105.290 -0.500
201806 2.317 106.317 2.820
201809 2.982 106.507 3.624
201812 2.791 105.998 3.408
201903 1.004 107.251 1.212
201906 1.962 108.070 2.350
201909 2.758 108.329 3.295
201912 3.517 108.420 4.198
202003 1.659 108.902 1.972
202006 3.280 108.767 3.903
202009 2.481 109.815 2.924
202012 2.943 109.897 3.466
202103 0.724 111.754 0.838
202106 2.428 114.631 2.741
202109 1.309 115.734 1.464
202112 3.832 117.630 4.216
202203 -1.064 121.301 -1.135
202206 2.699 125.017 2.794
202209 3.498 125.227 3.615
202212 3.279 125.222 3.389
202303 1.490 127.348 1.514
202306 3.559 128.729 3.578
202309 2.944 129.860 2.934
202312 5.252 129.419 5.252

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


Hubbell  (NYSE:HUBB) 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
=407.19/9.17
=44.40

* 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 23.80.


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 (Hubbell) 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.
Executives
John F Malloy director 2556 SPRING VALLEY ROAD, BETHLEHEM PA 18105
Del Nero Jonathan M. officer: Vice President, Controller C/0 HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Alyssa R Flynn officer: Chief Human Resources Officer C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
William R Sperry officer: Executive VP and CFO C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Gerben Bakker officer: Group Vice President C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Mark Eugene Mikes officer: President Electrical Solutions C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Gregory Gumbs officer: President, Utility Solutions C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Debra L. Dial director 208 S. AKARD, 29TH FLOOR, DALLAS TX 75202
Carlos M Cardoso director STANLEY BLACK & DECKER, INC., 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Anthony Guzzi director 301 MERRITT SEVEN, 6TH FLOOR, NORWALK CT 06851
Allan Connolly officer: Group President, Power Systems C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Stephen M Mais officer: Vice President Human Resources C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Rhett Anthony Hernandez director 40 WATERVIEW DRIVE, SHELTON CT 06484
David G Nord officer: Senior VP & CFO UNITED TECHNOLOGIES CORP, ONE FINANCIAL PLAZA, HARTFORD CT 06101
Joseph Anthony Capozzoli officer: VP and Corporate Controller C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484

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