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Linamar (Linamar) Cyclically Adjusted Price-to-FCF : 8.68 (As of May. 01, 2024)


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What is Linamar Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), Linamar's current share price is $46.635. Linamar's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $5.37. Linamar's Cyclically Adjusted Price-to-FCF for today is 8.68.

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

LIMAF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.78   Med: 19.07   Max: 210.64
Current: 9.35

During the past years, Linamar's highest Cyclically Adjusted Price-to-FCF was 210.64. The lowest was 6.78. And the median was 19.07.

LIMAF's Cyclically Adjusted Price-to-FCF is ranked better than
81.8% of 489 companies
in the Vehicles & Parts industry
Industry Median: 21.78 vs LIMAF: 9.35

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.

Linamar's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.873. 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 $5.37 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Linamar Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Linamar'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.

Linamar Cyclically Adjusted Price-to-FCF Chart

Linamar 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 13.87 12.43 10.83 8.22 9.02

Linamar 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 8.22 8.56 9.16 8.95 9.02

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

For the Auto Parts subindustry, Linamar'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.


Linamar's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

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



Linamar 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=46.635/5.37
=8.68

* 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.

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

For example, Linamar'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)
=0.873/125.4675*125.4675
=0.873

Current CPI (Dec. 2023) = 125.4675.

Linamar Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.192 98.604 0.244
201406 0.780 99.473 0.984
201409 1.085 99.394 1.370
201412 1.700 98.367 2.168
201503 -0.245 99.789 -0.308
201506 1.356 100.500 1.693
201509 1.061 100.421 1.326
201512 1.831 99.947 2.299
201603 0.924 101.054 1.147
201606 0.968 102.002 1.191
201609 2.259 101.765 2.785
201612 2.079 101.449 2.571
201703 -0.432 102.634 -0.528
201706 1.214 103.029 1.478
201709 0.273 103.345 0.331
201712 1.158 103.345 1.406
201803 -1.002 105.004 -1.197
201806 0.187 105.557 0.222
201809 1.046 105.636 1.242
201812 1.267 105.399 1.508
201903 0.076 106.979 0.089
201906 2.135 107.690 2.487
201909 0.468 107.611 0.546
201912 4.346 107.769 5.060
202003 1.491 107.927 1.733
202006 1.848 108.401 2.139
202009 5.043 108.164 5.850
202012 4.868 108.559 5.626
202103 1.952 110.298 2.220
202106 1.667 111.720 1.872
202109 2.643 112.905 2.937
202112 1.670 113.774 1.842
202203 -0.331 117.646 -0.353
202206 -0.251 120.806 -0.261
202209 0.359 120.648 0.373
202212 0.747 120.964 0.775
202303 0.173 122.702 0.177
202306 0.583 124.203 0.589
202309 -1.573 125.230 -1.576
202312 0.873 125.468 0.873

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.


Linamar  (OTCPK:LIMAF) 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.


Linamar Cyclically Adjusted Price-to-FCF Related Terms

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


Linamar (Linamar) Business Description

Traded in Other Exchanges
Address
287 Speedvale Avenue West, Guelph, ON, CAN, N1H 1C5
Linamar Corp is a diversified global manufacturing company of highly engineered products. The Company's Industrial segment operates the Skyjack and MacDon brands, It manufactures products for the Aerial Work Platform and Agricultural industries, respectively. The Mobility segment features vertically integrated operations to combine expertise in light metal casting, forging, machining and assembly of components and systems for electric and traditional vehicle applications. In addition, McLaren Engineering and eLIN Product Solutions Group provide design, development, and testing services for the Mobility segment.