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Kaydon (FRA:KYD) Cyclically Adjusted Price-to-FCF : (As of Jun. 19, 2024)


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What is Kaydon Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kaydon Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kaydon'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.

Kaydon Cyclically Adjusted Price-to-FCF Chart

Kaydon Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted Price-to-FCF
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Kaydon Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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Competitive Comparison of Kaydon's Cyclically Adjusted Price-to-FCF

For the Tools & Accessories subindustry, Kaydon'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.


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

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

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



Kaydon 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.

Kaydon's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2013 is calculated as:

For example, Kaydon's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2013 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2013 (Change)*Current CPI (Jun. 2013)
=0.429/98.5178*98.5178
=0.429

Current CPI (Jun. 2013) = 98.5178.

Kaydon Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200309 0.568 78.138 0.716
200312 0.391 77.758 0.495
200403 0.476 79.066 0.593
200406 0.127 80.037 0.156
200409 0.256 80.121 0.315
200412 0.247 80.290 0.303
200503 0.103 81.555 0.124
200506 0.280 82.062 0.336
200509 0.272 83.876 0.319
200512 0.134 83.032 0.159
200603 0.262 84.298 0.306
200606 0.440 85.606 0.506
200609 0.217 85.606 0.250
200612 0.646 85.142 0.747
200703 0.233 86.640 0.265
200706 0.135 87.906 0.151
200709 -0.138 87.964 -0.155
200712 0.196 88.616 0.218
200803 -0.038 90.090 -0.042
200806 -0.036 92.320 -0.038
200809 0.158 92.307 0.169
200812 -0.144 88.697 -0.160
200903 0.029 89.744 0.032
200906 -0.133 91.003 -0.144
200909 0.814 91.120 0.880
200912 0.405 91.111 0.438
201003 0.618 91.821 0.663
201006 0.418 91.962 0.448
201009 0.236 92.162 0.252
201012 0.536 92.474 0.571
201103 0.064 94.283 0.067
201106 0.218 95.235 0.226
201109 0.235 95.727 0.242
201112 0.396 95.213 0.410
201203 0.063 96.783 0.064
201206 0.330 96.819 0.336
201209 0.497 97.633 0.502
201212 0.797 96.871 0.811
201303 0.589 98.209 0.591
201306 0.429 98.518 0.429

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.


Kaydon  (FRA:KYD) 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.


Kaydon Cyclically Adjusted Price-to-FCF Related Terms

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Kaydon (FRA:KYD) Business Description

Traded in Other Exchanges
N/A
Address
Kaydon Corporation was incorporated in 1983. The Company is a designer and manufacturer of custom engineered, performance-critical products supplying a broad and diverse customer base. The Company's main products now include bearings and components, filters and filter housings, custom rings, shaft seals, linear deceleration products, specialty balls, fuel cleansing systems, gas-phase air filtration systems and replacement media, industrial presses and metal alloy products. These products are used by customers in a variety of alternative energy, specialized robotics, medical, material handling, machine tool positioning, aerospace, defense, security, electronic and other industrial applications. The Company has two reportable segments and other operating segments engaged in the manufacture and sale of the following: Friction Control Products - complex components used in alternative energy, specialized robotics, medical, aerospace, defense, security, electronic, material handling, construction and other industrial applications. Products include anti-friction bearings, split roller bearings and specialty balls; Velocity Control Products - complex components used in specialized robotics, material handling, machine tool, medical, amusement and other industrial applications. Products include industrial shock absorbers, safety shock absorbers, velocity controls, gas springs and rotary dampers; and Other Industrial Products - complex and standard ring and seal products, filter elements and liquid and gas-phase filtration systems, metal alloys, machine tool components, presses, dies and benders used in a variety of applications. The Company sells its products in each segment through a sales organization consisting of salespersons and representatives located primarily throughout North America, Europe and Asia. The Company holds various patents, patent applications, licenses, trademarks and trade names. The Company's competitors include a number of other well-established manufacturers, as well as other smaller companies.

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