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Interpump Group SpA (MIL:IP) Cyclically Adjusted FCF per Share : €1.26 (As of Dec. 2023)


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What is Interpump Group SpA 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.

Interpump Group SpA's adjusted free cash flow per share for the three months ended in Dec. 2023 was €0.459. 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 €1.26 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Interpump Group SpA's average Cyclically Adjusted FCF Growth Rate was 11.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 16.40% 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 Interpump Group SpA was 19.60% per year. The lowest was 6.30% per year. And the median was 14.00% per year.

As of today (2024-05-25), Interpump Group SpA's current stock price is €43.90. Interpump Group SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €1.26. Interpump Group SpA's Cyclically Adjusted Price-to-FCF of today is 34.84.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Interpump Group SpA was 68.23. The lowest was 24.26. And the median was 42.81.


Interpump Group SpA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Interpump Group SpA'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.

Interpump Group SpA Cyclically Adjusted FCF per Share Chart

Interpump Group SpA 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 0.66 0.85 0.99 1.13 1.26

Interpump Group SpA 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 1.19 1.18 1.23 1.26 -

Competitive Comparison of Interpump Group SpA's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Interpump Group SpA'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.


Interpump Group SpA's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Interpump Group SpA 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, Interpump Group SpA'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)
=0.459/119.7000*119.7000
=0.459

Current CPI (Dec. 2023) = 119.7000.

Interpump Group SpA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.074 99.907 -0.089
201406 0.112 100.093 0.134
201409 0.142 99.814 0.170
201412 0.163 99.721 0.196
201503 0.130 99.814 0.156
201506 0.135 100.279 0.161
201509 0.252 100.000 0.302
201512 0.251 99.814 0.301
201603 0.067 99.600 0.081
201606 0.201 99.900 0.241
201609 0.331 100.100 0.396
201612 0.251 100.300 0.300
201703 0.222 101.000 0.263
201706 0.114 101.100 0.135
201709 0.343 101.200 0.406
201712 0.186 101.200 0.220
201803 0.155 101.800 0.182
201806 0.167 102.400 0.195
201809 0.277 102.600 0.323
201812 0.152 102.300 0.178
201903 0.054 102.800 0.063
201906 0.371 103.100 0.431
201909 0.377 102.900 0.439
201912 0.482 102.800 0.561
202003 0.402 102.900 0.468
202006 0.579 102.900 0.674
202009 0.502 102.300 0.587
202012 1.089 102.600 1.271
202103 0.546 103.700 0.630
202106 0.427 104.200 0.491
202109 0.387 104.900 0.442
202112 0.013 106.600 0.015
202203 0.316 110.400 0.343
202206 -0.110 112.500 -0.117
202209 0.206 114.200 0.216
202212 0.261 119.000 0.263
202303 0.559 118.800 0.563
202306 -0.050 119.700 -0.050
202309 0.565 120.300 0.562
202312 0.459 119.700 0.459

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


Interpump Group SpA  (MIL:IP) 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.

Interpump Group SpA's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=43.90/1.26
=34.84

* 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 Interpump Group SpA was 68.23. The lowest was 24.26. And the median was 42.81.


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.


Interpump Group SpA Cyclically Adjusted FCF per Share Related Terms

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


Interpump Group SpA (MIL:IP) Business Description

Industry
Traded in Other Exchanges
Address
Via E. Fermi, 25, Sant'Ilario D'Enza, ITA, 42049
Interpump Group SpA is an Italy-based company that manufactures and markets high-pressure piston pumps and hydraulic products. The company operates through two segments. Its water jetting segment manufactures high- and ultra-high-pressure pumps. Its hydraulic segment manufactures power take-offs, cylinders, componentry engineering, hydraulic distributors, valves, and hoses and fittings. The company owns production facilities in Italy, the U.S., Germany, China, India, Brazil, Bulgaria, Romania, and South Korea. The company has a global presence, with the domestic Italian market accounting for a fraction of its revenue.