GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Columbus McKinnon Corp (FRA:VC3) » Definitions » Cyclically Adjusted Price-to-FCF

Columbus McKinnon (FRA:VC3) Cyclically Adjusted Price-to-FCF : 14.44 (As of Jun. 04, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Columbus McKinnon Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), Columbus McKinnon's current share price is €35.80. Columbus McKinnon's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.48. Columbus McKinnon's Cyclically Adjusted Price-to-FCF for today is 14.44.

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

FRA:VC3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.22   Med: 18.1   Max: 32.3
Current: 13.64

During the past years, Columbus McKinnon's highest Cyclically Adjusted Price-to-FCF was 32.30. The lowest was 10.22. And the median was 18.10.

FRA:VC3's Cyclically Adjusted Price-to-FCF is ranked better than
73.74% of 99 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 25.38 vs FRA:VC3: 13.64

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.

Columbus McKinnon's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.950. 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 €2.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Columbus McKinnon Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Columbus McKinnon'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.

Columbus McKinnon Cyclically Adjusted Price-to-FCF Chart

Columbus McKinnon Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.04 24.79 17.89 14.56 16.36

Columbus McKinnon 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 14.56 16.02 13.40 14.98 16.36

Competitive Comparison of Columbus McKinnon's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, Columbus McKinnon'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.


Columbus McKinnon's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Columbus McKinnon's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Columbus McKinnon 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=35.80/2.48
=14.44

* 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.

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

For example, Columbus McKinnon'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)
=0.95/131.7762*131.7762
=0.950

Current CPI (Mar. 2024) = 131.7762.

Columbus McKinnon Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.068 100.560 0.089
201409 0.127 100.428 0.167
201412 0.535 99.070 0.712
201503 0.114 99.621 0.151
201506 -0.039 100.684 -0.051
201509 -0.165 100.392 -0.217
201512 0.994 99.792 1.313
201603 0.571 100.470 0.749
201606 0.128 101.688 0.166
201609 0.625 101.861 0.809
201612 0.928 101.863 1.201
201703 0.370 102.862 0.474
201706 0.484 103.349 0.617
201709 0.587 104.136 0.743
201712 0.483 104.011 0.612
201803 0.454 105.290 0.568
201806 0.210 106.317 0.260
201809 0.613 106.507 0.758
201812 0.897 105.998 1.115
201903 0.771 107.251 0.947
201906 -0.149 108.070 -0.182
201909 1.406 108.329 1.710
201912 1.141 108.420 1.387
202003 1.292 108.902 1.563
202006 0.314 108.767 0.380
202009 1.270 109.815 1.524
202012 0.743 109.897 0.891
202103 0.688 111.754 0.811
202106 -0.343 114.631 -0.394
202109 0.657 115.734 0.748
202112 0.093 117.630 0.104
202203 0.679 121.301 0.738
202206 -0.466 125.017 -0.491
202209 0.527 125.227 0.555
202212 0.214 125.222 0.225
202303 2.051 127.348 2.122
202306 -0.719 128.729 -0.736
202309 0.376 129.860 0.382
202312 0.732 129.419 0.745
202403 0.950 131.776 0.950

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.


Columbus McKinnon  (FRA:VC3) 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.


Columbus McKinnon Cyclically Adjusted Price-to-FCF Related Terms

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


Columbus McKinnon (FRA:VC3) Business Description

Traded in Other Exchanges
Address
205 Crosspoint Parkway, Buffalo, NY, USA, 14068
Columbus McKinnon Corp is a designer, manufacturer and marketer of intelligent motion solutions, including motion control products, technologies, automated systems and services, that efficiently and ergonomically move, lift, position and secure materials. Its key products include hoists, crane components, precision conveyors, actuators, rigging tools, light rail workstations, and digital power and motion control systems. The company's targeted market verticals include general industries, mobile industries, energy and utilities, process industries, industrial automation, construction and infrastructure, food processing, entertainment, life sciences, consumer packaged goods and e-commerce/supply chain/warehousing.

Columbus McKinnon (FRA:VC3) Headlines

No Headlines