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Atlas Copco AB (Atlas Copco AB) Cyclically Adjusted Price-to-FCF : 42.64 (As of May. 24, 2024)


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What is Atlas Copco AB Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Atlas Copco AB's current share price is $15.35. Atlas Copco AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.36. Atlas Copco AB's Cyclically Adjusted Price-to-FCF for today is 42.64.

The historical rank and industry rank for Atlas Copco AB's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ATLFF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.07   Med: 33.64   Max: 48.79
Current: 46.05

During the past years, Atlas Copco AB's highest Cyclically Adjusted Price-to-FCF was 48.79. The lowest was 19.07. And the median was 33.64.

ATLFF's Cyclically Adjusted Price-to-FCF is ranked worse than
62.39% of 1013 companies
in the Industrial Products industry
Industry Median: 33.62 vs ATLFF: 46.05

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.

Atlas Copco AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.125. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atlas Copco AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Atlas Copco AB's Cyclically Adjusted Price-to-FCF 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.

Atlas Copco AB Cyclically Adjusted Price-to-FCF Chart

Atlas Copco AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.73 35.48 46.64 32.18 41.28

Atlas Copco AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 33.76 39.55 36.60 41.28 42.10

Competitive Comparison of Atlas Copco AB's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Atlas Copco AB'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.


Atlas Copco AB's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Atlas Copco AB Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Atlas Copco AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.35/0.36
=42.64

* 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.

Atlas Copco AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Atlas Copco AB'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)
=0.125/132.2054*132.2054
=0.125

Current CPI (Mar. 2024) = 132.2054.

Atlas Copco AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.092 100.432 0.121
201409 0.107 100.161 0.141
201412 0.139 100.225 0.183
201503 0.049 99.950 0.065
201506 0.095 99.995 0.126
201509 0.117 100.228 0.154
201512 0.111 100.276 0.146
201603 0.082 100.751 0.108
201606 0.043 101.019 0.056
201609 0.118 101.138 0.154
201612 0.131 102.022 0.170
201703 0.072 102.022 0.093
201706 0.098 102.752 0.126
201709 0.146 103.279 0.187
201712 0.139 103.793 0.177
201803 0.092 103.962 0.117
201806 0.047 104.875 0.059
201809 0.083 105.679 0.104
201812 0.107 105.912 0.134
201903 0.054 105.886 0.067
201906 0.045 106.742 0.056
201909 0.093 107.214 0.115
201912 0.099 107.766 0.121
202003 0.084 106.563 0.104
202006 0.073 107.498 0.090
202009 0.127 107.635 0.156
202012 0.163 108.296 0.199
202103 0.108 108.360 0.132
202106 0.090 108.928 0.109
202109 0.109 110.338 0.131
202112 0.158 112.486 0.186
202203 0.049 114.825 0.056
202206 0.060 118.384 0.067
202209 0.108 122.296 0.117
202212 0.107 126.365 0.112
202303 0.092 127.042 0.096
202306 0.047 129.407 0.048
202309 0.121 130.224 0.123
202312 0.178 131.912 0.178
202403 0.125 132.205 0.125

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


Atlas Copco AB  (OTCPK:ATLFF) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Atlas Copco AB Cyclically Adjusted Price-to-FCF Related Terms

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Atlas Copco AB (Atlas Copco AB) Business Description

Address
Sickla Industrivag 19, Nacka, Stockholm, SWE, SE-105 23
Atlas Copco is a 140-year-old Swedish company that pioneered air compression technology and remains a leading air compressor manufacturer. Atlas Copco is also a leading manufacturer of vacuum pump equipment, industrial power tools, and portable power and air compression equipment. The company's operations match the geographic breadth of its customers, with a presence in 180 countries. Atlas Copco's revenue is derived from three sources: initial equipment sales, spare parts, and maintenance.

Atlas Copco AB (Atlas Copco AB) Headlines