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Methode Electronics (STU:ME5A) Cyclically Adjusted FCF per Share : €2.52 (As of Jan. 2024)


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What is Methode Electronics 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.

Methode Electronics's adjusted free cash flow per share for the three months ended in Jan. 2024 was €0.317. 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 €2.52 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Methode Electronics's average Cyclically Adjusted FCF Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 20.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 17.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 15.70% 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 Methode Electronics was 22.80% per year. The lowest was -10.30% per year. And the median was 9.40% per year.

As of today (2024-05-26), Methode Electronics's current stock price is €10.70. Methode Electronics's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was €2.52. Methode Electronics's Cyclically Adjusted Price-to-FCF of today is 4.25.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Methode Electronics was 57.92. The lowest was 4.09. And the median was 25.46.


Methode Electronics Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Methode Electronics'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.

Methode Electronics Cyclically Adjusted FCF per Share Chart

Methode Electronics Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 1.50 1.67 2.26 2.48

Methode Electronics Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.31 2.48 2.39 2.49 2.52

Competitive Comparison of Methode Electronics's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Methode Electronics'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.


Methode Electronics's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Methode Electronics's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Methode Electronics 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, Methode Electronics's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.317/130.1244*130.1244
=0.317

Current CPI (Jan. 2024) = 130.1244.

Methode Electronics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.329 100.023 0.428
201407 0.572 100.520 0.740
201410 0.449 100.176 0.583
201501 0.943 98.604 1.244
201504 0.108 99.824 0.141
201507 0.305 100.691 0.394
201510 0.604 100.346 0.783
201601 0.650 99.957 0.846
201604 0.491 100.947 0.633
201607 0.729 101.524 0.934
201610 0.580 101.988 0.740
201701 0.986 102.456 1.252
201704 0.729 103.167 0.919
201707 0.360 103.278 0.454
201710 0.298 104.070 0.373
201801 0.504 104.578 0.627
201804 0.387 105.708 0.476
201807 0.041 106.324 0.050
201810 0.134 106.695 0.163
201901 0.458 106.200 0.561
201904 0.587 107.818 0.708
201907 0.140 108.250 0.168
201910 0.841 108.577 1.008
202001 0.160 108.841 0.191
202004 1.151 108.173 1.385
202007 0.109 109.318 0.130
202010 0.818 109.861 0.969
202101 1.757 110.364 2.072
202104 0.677 112.673 0.782
202107 -0.136 115.183 -0.154
202110 0.489 116.696 0.545
202201 0.278 118.619 0.305
202204 0.835 121.978 0.891
202207 0.082 125.002 0.085
202210 0.193 125.734 0.200
202301 1.088 126.223 1.122
202304 0.945 127.992 0.961
202307 -0.483 128.974 -0.487
202310 -0.300 129.810 -0.301
202401 0.317 130.124 0.317

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


Methode Electronics  (STU:ME5A) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.70/2.52
=4.25

* 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 Methode Electronics was 57.92. The lowest was 4.09. And the median was 25.46.


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.


Methode Electronics Cyclically Adjusted FCF per Share Related Terms

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


Methode Electronics (STU:ME5A) Business Description

Industry
Traded in Other Exchanges
Address
8750 West Bryn Mawr Avenue, Suite 1000, Chicago, IL, USA, 60631-3518
Methode Electronics Inc makes component and subsystem devices employing electrical, radio remote control, electronic, wireless, and sensing technologies. The firm is organized in various business segments: Automotive, Industrial, interface and Medical. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile. The Industrial segment manufactures external lighting solutions, industrial safety radio remote controls, braided flexible cables and custom power-product assemblies. The Interface segment provides a variety of copper and fiber-optic interface and interface solutions. The Medical segment is made up of the Company's medical device business, Dabir Surfaces, its surface support technology aimed at pressure injury prevention.

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