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Stoneridge (Stoneridge) Cyclically Adjusted FCF per Share : $0.25 (As of Mar. 2024)


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What is Stoneridge 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.

Stoneridge's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.120. 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 $0.25 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Stoneridge's average Cyclically Adjusted FCF Growth Rate was -19.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -41.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -25.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -3.80% 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 Stoneridge was 24.70% per year. The lowest was -41.20% per year. And the median was -9.80% per year.

As of today (2024-05-14), Stoneridge's current stock price is $16.30. Stoneridge's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.25. Stoneridge's Cyclically Adjusted Price-to-FCF of today is 65.20.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Stoneridge was 132.93. The lowest was 19.56. And the median was 35.94.


Stoneridge Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Stoneridge'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.

Stoneridge Cyclically Adjusted FCF per Share Chart

Stoneridge 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 0.67 0.69 0.63 0.34 0.14

Stoneridge 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 0.31 0.30 0.21 0.14 0.25

Competitive Comparison of Stoneridge's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, Stoneridge'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.


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

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

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



Stoneridge 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, Stoneridge'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)
=0.12/129.4194*129.4194
=0.120

Current CPI (Mar. 2024) = 129.4194.

Stoneridge Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.041 100.560 0.053
201409 -0.035 100.428 -0.045
201412 0.582 99.070 0.760
201503 -0.458 99.621 -0.595
201506 -0.030 100.684 -0.039
201509 0.257 100.392 0.331
201512 1.157 99.792 1.500
201603 -0.202 100.470 -0.260
201606 0.406 101.688 0.517
201609 0.449 101.861 0.570
201612 0.783 101.863 0.995
201703 0.089 102.862 0.112
201706 0.326 103.349 0.408
201709 0.502 104.136 0.624
201712 0.701 104.011 0.872
201803 -0.029 105.290 -0.036
201806 0.445 106.317 0.542
201809 0.439 106.507 0.533
201812 0.925 105.998 1.129
201903 -0.491 107.251 -0.592
201906 0.123 108.070 0.147
201909 0.020 108.329 0.024
201912 -0.170 108.420 -0.203
202003 -0.497 108.902 -0.591
202006 -0.372 108.767 -0.443
202009 0.307 109.815 0.362
202012 0.429 109.897 0.505
202103 -0.902 111.754 -1.045
202106 -0.434 114.631 -0.490
202109 -0.169 115.734 -0.189
202112 -0.804 117.630 -0.885
202203 -0.999 121.301 -1.066
202206 -0.203 125.017 -0.210
202209 -0.520 125.227 -0.537
202212 0.814 125.222 0.841
202303 -0.705 127.348 -0.716
202306 -0.125 128.729 -0.126
202309 -0.416 129.860 -0.415
202312 0.025 129.419 0.025
202403 0.120 129.419 0.120

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


Stoneridge  (NYSE:SRI) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=16.30/0.25
=65.20

* 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 Stoneridge was 132.93. The lowest was 19.56. And the median was 35.94.


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.


Stoneridge Cyclically Adjusted FCF per Share Related Terms

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


Stoneridge (Stoneridge) Business Description

Industry
Traded in Other Exchanges
Address
39675 MacKenzie Drive, Suite 400, Novi, MI, USA, 48377
Stoneridge Inc is a manufacturer of electrical and electronic components used in automotive vehicles. The company produces instrumentation systems, vehicle management electronics, application-specific switches and actuators, sensors, security alarms, and vehicle tracking devices and monitoring services for commercial, automotive, off-highway, and agricultural vehicle markets. Stoneridge generates the majority of its revenue in its Electronics segment that produces driver information systems, camera-based vision systems, connectivity, and compliance products, and electronic control units. Geographically, the company's operations are focused on North America. It has Control Devices, Electronics, and Stoneridge Brazil segments.
Executives
Susan C. Benedict officer: CHRO and Assistant GC C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Rajaey Kased officer: President Control Devices C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Caetano Roberto Ferraiolo officer: Director President of PST ALAMEDA GUARUJA, 199, CONDOMINIO JARDIM PAULISTA - CENTRO, VINHEDO - SP D5 13280-000
Mayes George S Jr director 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Sheila M Rutt director 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Carsten J Reinhardt director ARVINMERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084
Paul J. Schlather director 9400 EAST MARKET STREET, WARREN OH 44484
Salvatore D. Orsini officer: Chief Procurement Officer C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Peter Osterberg officer: President of Electronics C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Jonathan B Degaynor officer: President and CEO C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Hartman Robert J. Jr. officer: Chief Accounting Officer C/O STONERIDGE, INC., 9400 EAST MARKET STREET, WARREN OH 44484
Matthew R. Horvath officer: CFO C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Laurent Borne officer: President Electronics Division C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Frank S Sklarsky director C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
James Zizelman officer: President Control Devices C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377