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Ituran Location and Control (Ituran Location and Control) Cyclically Adjusted Price-to-FCF : 13.81 (As of Apr. 30, 2024)


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What is Ituran Location and Control Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Ituran Location and Control's current share price is $26.23. Ituran Location and Control's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.90. Ituran Location and Control's Cyclically Adjusted Price-to-FCF for today is 13.81.

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

ITRN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9   Med: 22.19   Max: 33.43
Current: 13.84

During the past years, Ituran Location and Control's highest Cyclically Adjusted Price-to-FCF was 33.43. The lowest was 9.00. And the median was 22.19.

ITRN's Cyclically Adjusted Price-to-FCF is ranked better than
78.96% of 960 companies
in the Hardware industry
Industry Median: 28.155 vs ITRN: 13.84

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.

Ituran Location and Control's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.899. 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 $1.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ituran Location and Control Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ituran Location and Control'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.

Ituran Location and Control Cyclically Adjusted Price-to-FCF Chart

Ituran Location and Control 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 18.32 12.32 15.94 12.19 14.31

Ituran Location and Control 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 12.19 12.13 12.76 15.80 14.31

Competitive Comparison of Ituran Location and Control's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Ituran Location and Control'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.


Ituran Location and Control's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ituran Location and Control's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ituran Location and Control's Cyclically Adjusted Price-to-FCF falls into.



Ituran Location and Control 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.

Ituran Location and Control's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=26.23/1.9
=13.81

* 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.

Ituran Location and Control's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Ituran Location and Control'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)
=0.899/129.4194*129.4194
=0.899

Current CPI (Dec. 2023) = 129.4194.

Ituran Location and Control Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.318 99.695 0.413
201406 0.214 100.560 0.275
201409 0.419 100.428 0.540
201412 0.134 99.070 0.175
201503 0.090 99.621 0.117
201506 0.217 100.684 0.279
201509 0.318 100.392 0.410
201512 0.195 99.792 0.253
201603 0.153 100.470 0.197
201606 0.332 101.688 0.423
201609 0.376 101.861 0.478
201612 0.466 101.863 0.592
201703 0.018 102.862 0.023
201706 0.484 103.349 0.606
201709 0.375 104.136 0.466
201712 0.447 104.011 0.556
201803 0.044 105.290 0.054
201806 0.429 106.317 0.522
201809 0.452 106.507 0.549
201812 0.567 105.998 0.692
201903 0.375 107.251 0.453
201906 0.612 108.070 0.733
201909 0.388 108.329 0.464
201912 0.593 108.420 0.708
202003 0.349 108.902 0.415
202006 0.824 108.767 0.980
202009 0.560 109.815 0.660
202012 0.662 109.897 0.780
202103 0.312 111.754 0.361
202106 0.716 114.631 0.808
202109 0.342 115.734 0.382
202112 0.516 117.630 0.568
202203 0.040 121.301 0.043
202206 0.110 125.017 0.114
202209 0.362 125.227 0.374
202212 0.401 125.222 0.414
202303 0.713 127.348 0.725
202306 0.702 128.729 0.706
202309 0.835 129.860 0.832
202312 0.899 129.419 0.899

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.


Ituran Location and Control  (NAS:ITRN) 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.


Ituran Location and Control Cyclically Adjusted Price-to-FCF Related Terms

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Ituran Location and Control (Ituran Location and Control) Business Description

Traded in Other Exchanges
N/A
Address
3 Hashikma Street, Azour, ISR, 5800182
Ituran Location and Control Ltd is a provider of location-based services. The company operates in two segments, namely Telematics services, and Telematics products. The Telematics services segment consists of regionally- based stolen vehicle recovery (SVR) services, fleet management services, and value-added services comprised of personal advanced locater services and concierge services. The Telematics product segment consists of short and medium-range two-way machine-to-machine wireless communications products that are used for various applications, including automatic vehicle location, and automatic vehicle identification. Its geographical segments include Israel, Brazil, and Others.

Ituran Location and Control (Ituran Location and Control) Headlines