GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » AutoZone Inc (MEX:AZO) » Definitions » Cyclically Adjusted Price-to-FCF

AutoZone (MEX:AZO) Cyclically Adjusted Price-to-FCF : 36.91 (As of Jun. 05, 2025)


View and export this data going back to 2019. Start your Free Trial

What is AutoZone Cyclically Adjusted Price-to-FCF?

As of today (2025-06-05), AutoZone's current share price is MXN72601.19. AutoZone's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2025 was MXN1,966.85. AutoZone's Cyclically Adjusted Price-to-FCF for today is 36.91.

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

MEX:AZO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.26   Med: 30.5   Max: 39.88
Current: 38.68

During the past years, AutoZone's highest Cyclically Adjusted Price-to-FCF was 39.88. The lowest was 18.26. And the median was 30.50.

MEX:AZO's Cyclically Adjusted Price-to-FCF is ranked worse than
67.88% of 495 companies
in the Vehicles & Parts industry
Industry Median: 20.28 vs MEX:AZO: 38.68

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.

AutoZone's adjusted free cash flow per share data for the three months ended in Feb. 2025 was MXN346.411. 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 MXN1,966.85 for the trailing ten years ended in Feb. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


AutoZone Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AutoZone'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.

AutoZone Cyclically Adjusted Price-to-FCF Chart

AutoZone Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.97 26.32 29.15 30.76 34.64

AutoZone Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 34.88 31.39 34.64 33.66 36.05

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

For the Auto Parts subindustry, AutoZone'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.


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

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

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


;
;

AutoZone 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=72601.19/1966.85
=36.91

* 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.

AutoZone's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2025 is calculated as:

For example, AutoZone's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=346.411/134.6241*134.6241
=346.411

Current CPI (Feb. 2025) = 134.6241.

AutoZone Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201505 196.437 100.333 263.575
201508 208.578 100.548 279.266
201511 133.466 100.135 179.436
201602 67.790 100.040 91.225
201605 254.034 101.355 337.418
201608 227.057 101.617 300.810
201611 212.522 101.829 280.966
201702 26.726 102.779 35.007
201705 195.201 103.256 254.502
201708 230.427 103.587 299.468
201711 301.587 104.072 390.122
201802 55.988 105.052 71.749
201805 286.598 106.148 363.484
201808 457.848 106.383 579.391
201811 273.009 106.338 345.632
201902 203.012 106.649 256.264
201905 272.060 108.048 338.978
201908 532.522 108.245 662.299
201911 275.831 108.519 342.185
202002 94.229 109.139 116.232
202005 528.607 108.175 657.851
202008 1,129.305 109.662 1,386.363
202011 481.409 109.793 590.284
202102 208.885 110.968 253.414
202105 934.264 113.576 1,107.401
202108 962.490 115.421 1,122.626
202111 670.783 117.269 770.053
202202 246.809 119.703 277.574
202205 657.633 123.323 717.898
202208 940.621 124.958 1,013.385
202211 669.544 125.607 717.607
202302 198.883 126.928 210.943
202305 517.521 128.314 542.969
202308 642.254 129.538 667.474
202311 566.835 129.548 589.045
202402 171.028 130.930 175.854
202405 415.619 132.509 422.253
202408 820.674 132.816 831.848
202411 662.659 133.110 670.197
202502 346.411 134.624 346.411

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.


AutoZone  (MEX:AZO) 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.


AutoZone Cyclically Adjusted Price-to-FCF Related Terms

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


AutoZone Business Description

Industry
Address
123 South Front Street, Memphis, TN, USA, 38103
AutoZone operates as a leading retailer of aftermarket automotive parts in the United States. The firm operates more than 6,500 stores domestically, serving the do-it-yourself and commercial (do-it-for-me) end markets. Through its vast store footprint and distribution network, AutoZone manages a wide array of stock-keeping units applicable to numerous vehicle makes and models, providing its consumers with ample product availability. The firm drives traffic by providing superior and convenient customer service as AutoZone's team of knowledgeable staff assists consumers with diagnosing a vehicle's problem, selecting the necessary part for replacement, and occasionally, installation. The company also operates internationally, with more than 800 stores in Mexico and over 100 in Brazil.