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F.C.C. Co (FRA:FCV) Cyclically Adjusted Price-to-FCF : 10.60 (As of May. 17, 2024)


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What is F.C.C. Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-17), F.C.C. Co's current share price is €12.40. F.C.C. Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €1.17. F.C.C. Co's Cyclically Adjusted Price-to-FCF for today is 10.60.

The historical rank and industry rank for F.C.C. Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:FCV' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.59   Med: 12.03   Max: 31.07
Current: 11.76

During the past years, F.C.C. Co's highest Cyclically Adjusted Price-to-FCF was 31.07. The lowest was 8.59. And the median was 12.03.

FRA:FCV's Cyclically Adjusted Price-to-FCF is ranked better than
72.62% of 493 companies
in the Vehicles & Parts industry
Industry Median: 21.92 vs FRA:FCV: 11.76

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.

F.C.C. Co's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €1.034. 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 €1.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


F.C.C. Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for F.C.C. Co'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.

F.C.C. Co Cyclically Adjusted Price-to-FCF Chart

F.C.C. Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.82 9.83 12.89 9.65 9.95

F.C.C. Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 9.20 9.95 11.56 10.73 9.23

Competitive Comparison of F.C.C. Co's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, F.C.C. 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.


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

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

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



F.C.C. Co 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.

F.C.C. Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.40/1.17
=10.60

* 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.

F.C.C. Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, F.C.C. Co'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)
=1.034/106.8000*106.8000
=1.034

Current CPI (Dec. 2023) = 106.8000.

F.C.C. Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.000 95.700 0.000
201406 -0.201 98.000 -0.219
201409 -0.297 98.500 -0.322
201412 -0.449 97.900 -0.490
201503 -0.123 97.900 -0.134
201506 0.265 98.400 0.288
201509 0.093 98.500 0.101
201512 0.241 98.100 0.262
201603 0.535 97.900 0.584
201606 0.433 98.100 0.471
201609 0.191 98.000 0.208
201612 0.534 98.400 0.580
201703 0.218 98.100 0.237
201706 0.657 98.500 0.712
201709 0.020 98.800 0.022
201712 0.543 99.400 0.583
201803 0.128 99.200 0.138
201806 0.279 99.200 0.300
201809 0.293 99.900 0.313
201812 0.580 99.700 0.621
201903 0.745 99.700 0.798
201906 0.563 99.800 0.602
201909 0.587 100.100 0.626
201912 0.784 100.500 0.833
202003 0.608 100.300 0.647
202006 -0.046 99.900 -0.049
202009 0.075 99.900 0.080
202012 0.048 99.300 0.052
202103 0.863 99.900 0.923
202106 0.482 99.500 0.517
202109 0.217 100.100 0.232
202112 -0.055 100.100 -0.059
202203 0.049 101.100 0.052
202206 0.056 101.800 0.059
202209 0.317 103.100 0.328
202212 0.590 104.100 0.605
202303 0.793 104.400 0.811
202306 0.549 105.200 0.557
202309 0.981 106.200 0.987
202312 1.034 106.800 1.034

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.


F.C.C. Co  (FRA:FCV) 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.


F.C.C. Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of F.C.C. Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


F.C.C. Co (FRA:FCV) Business Description

Industry
Traded in Other Exchanges
Address
7000-36 Nakagawa, Hosoe-cho Kita-ku Hamamatsu-shi, Shizuoka-ken, JPN, 431-1394
F.C.C. Co Ltd is a manufacturer of clutches for automobiles and motorcycles. The company operates two business segments: motorcycle clutches and automobile clutches. In its motorcycle clutches division, F.C.C. manufactures and sells motorcycle, scooter, all-terrain vehicle, and general purpose clutches. The automotive clutches division is in the business of producing and selling clutches for automatic and manual transmission vehicles. Its main customers are Honda Motor and Ford, and its largest end markets are the United States. The remaining operations are located in the Asia-Pacific region.

F.C.C. Co (FRA:FCV) Headlines

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