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IDEX (FRA:ID7) Cyclically Adjusted Price-to-FCF : 32.90 (As of Apr. 29, 2024)


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What is IDEX Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), IDEX's current share price is €206.30. IDEX's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €6.27. IDEX's Cyclically Adjusted Price-to-FCF for today is 32.90.

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

FRA:ID7' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.59   Med: 33.01   Max: 44.05
Current: 32.56

During the past years, IDEX's highest Cyclically Adjusted Price-to-FCF was 44.05. The lowest was 22.59. And the median was 33.01.

FRA:ID7's Cyclically Adjusted Price-to-FCF is ranked better than
50.29% of 1020 companies
in the Industrial Products industry
Industry Median: 32.835 vs FRA:ID7: 32.56

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.

IDEX's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.656. 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 €6.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


IDEX Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for IDEX'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.

IDEX Cyclically Adjusted Price-to-FCF Chart

IDEX 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 38.86 40.28 41.59 36.54 32.42

IDEX 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 36.02 33.21 31.36 32.42 36.01

Competitive Comparison of IDEX's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, IDEX'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.


IDEX's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



IDEX 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.

IDEX's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=206.30/6.27
=32.90

* 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.

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

For example, IDEX'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)
=1.656/129.4194*129.4194
=1.656

Current CPI (Mar. 2024) = 129.4194.

IDEX Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.721 100.560 0.928
201409 0.866 100.428 1.116
201412 0.888 99.070 1.160
201503 0.461 99.621 0.599
201506 0.970 100.684 1.247
201509 1.200 100.392 1.547
201512 1.040 99.792 1.349
201603 0.723 100.470 0.931
201606 0.929 101.688 1.182
201609 1.320 101.861 1.677
201612 1.308 101.863 1.662
201703 0.910 102.862 1.145
201706 0.900 103.349 1.127
201709 1.250 104.136 1.553
201712 1.311 104.011 1.631
201803 0.644 105.290 0.792
201806 1.165 106.317 1.418
201809 1.262 106.507 1.533
201812 1.566 105.998 1.912
201903 0.879 107.251 1.061
201906 1.371 108.070 1.642
201909 1.732 108.329 2.069
201912 1.607 108.420 1.918
202003 0.852 108.902 1.013
202006 1.884 108.767 2.242
202009 1.513 109.815 1.783
202012 1.588 109.897 1.870
202103 1.043 111.754 1.208
202106 1.307 114.631 1.476
202109 1.574 115.734 1.760
202112 1.574 117.630 1.732
202203 0.756 121.301 0.807
202206 1.202 125.017 1.244
202209 2.422 125.227 2.503
202212 1.837 125.222 1.899
202303 1.493 127.348 1.517
202306 1.454 128.729 1.462
202309 2.549 129.860 2.540
202312 2.167 129.419 2.167
202403 1.656 129.419 1.656

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.


IDEX  (FRA:ID7) 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.


IDEX Cyclically Adjusted Price-to-FCF Related Terms

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


IDEX (FRA:ID7) Business Description

Industry
Traded in Other Exchanges
Address
3100 Sanders Road, Suite 301, Northbrook, IL, USA, 60062
Idex manufactures pumps, flow meters, valves, and fluidic systems for customers in a variety of end markets, including industrial, fire and safety, life science, and water. The firm's business is organized into three segments: fluid and metering technologies, health and science technologies, and fire and safety and diversified products. Based in Lake Forest, Illinois, Idex has manufacturing operations in over 20 countries and has over 7,000 employees. The company generated $3.2 billion in revenue and $763 million in adjusted operating income in 2022.

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