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Genuine Parts Co (LTS:0IUX) Cyclically Adjusted FCF per Share : $7.97 (As of Mar. 2024)


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What is Genuine Parts Co 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.

Genuine Parts Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was $1.446. 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 $7.97 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Genuine Parts Co's average Cyclically Adjusted FCF Growth Rate was 1.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 7.90% 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 Genuine Parts Co was 17.90% per year. The lowest was -3.90% per year. And the median was 9.10% per year.

As of today (2024-05-17), Genuine Parts Co's current stock price is $154.71. Genuine Parts Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $7.97. Genuine Parts Co's Cyclically Adjusted Price-to-FCF of today is 19.41.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Genuine Parts Co was 27.94. The lowest was 10.33. And the median was 19.81.


Genuine Parts Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Genuine Parts Co'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.

Genuine Parts Co Cyclically Adjusted FCF per Share Chart

Genuine Parts Co 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 5.36 6.23 6.96 7.57 7.71

Genuine Parts Co 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 7.67 7.57 7.76 7.71 7.97

Competitive Comparison of Genuine Parts Co's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, Genuine Parts Co'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.


Genuine Parts Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Genuine Parts Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Genuine Parts Co 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, Genuine Parts Co'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)
=1.446/131.7762*131.7762
=1.446

Current CPI (Mar. 2024) = 131.7762.

Genuine Parts Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.849 100.560 2.423
201409 1.222 100.428 1.603
201412 1.083 99.070 1.441
201503 0.691 99.621 0.914
201506 2.030 100.684 2.657
201509 2.743 100.392 3.601
201512 1.426 99.792 1.883
201603 0.821 100.470 1.077
201606 2.382 101.688 3.087
201609 1.162 101.861 1.503
201612 0.877 101.863 1.135
201703 0.518 102.862 0.664
201706 1.451 103.349 1.850
201709 1.046 104.136 1.324
201712 1.448 104.011 1.835
201803 0.724 105.290 0.906
201806 1.923 106.317 2.383
201809 3.009 106.507 3.723
201812 0.579 105.998 0.720
201903 0.110 107.251 0.135
201906 1.248 108.070 1.522
201909 2.529 108.329 3.076
201912 0.310 108.420 0.377
202003 0.241 108.902 0.292
202006 5.843 108.767 7.079
202009 3.151 109.815 3.781
202012 3.615 109.897 4.335
202103 1.738 111.754 2.049
202106 2.496 114.631 2.869
202109 1.780 115.734 2.027
202112 0.854 117.630 0.957
202203 2.246 121.301 2.440
202206 2.229 125.017 2.350
202209 2.551 125.227 2.684
202212 0.893 125.222 0.940
202303 0.772 127.348 0.799
202306 1.007 128.729 1.031
202309 3.412 129.860 3.462
202312 1.357 129.419 1.382
202403 1.446 131.776 1.446

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


Genuine Parts Co  (LTS:0IUX) 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.

Genuine Parts Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=154.71/7.97
=19.41

* 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 Genuine Parts Co was 27.94. The lowest was 10.33. And the median was 19.81.


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.


Genuine Parts Co Cyclically Adjusted FCF per Share Related Terms

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


Genuine Parts Co (LTS:0IUX) Business Description

Traded in Other Exchanges
Address
2999 Wildwood Parkway, Atlanta, GA, USA, 30339
Genuine Parts sells automotive parts (nearly two thirds of net sales) and industrial components. The company sells car and truck parts to commercial and retail customers through roughly 9,800 stores worldwide, most of which are independently owned. Its industrial unit, primarily operating under the Motion Industries banner in the United States, supplies bearings, power transmission, industrial automation, hydraulic, and pneumatic components to maintenance, repair, and original equipment manufacturer clients.

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