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Turners Automotive Group (NZSE:TRA) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Turners Automotive Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Turners Automotive Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Turners Automotive Group'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.

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Turners Automotive Group Cyclically Adjusted Price-to-FCF Chart

Turners Automotive Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
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Turners Automotive Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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Competitive Comparison of Turners Automotive Group's Cyclically Adjusted Price-to-FCF

For the Auto & Truck Dealerships subindustry, Turners Automotive Group'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.


Turners Automotive Group's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

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



Turners Automotive Group 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.

Turners Automotive Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Turners Automotive Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=0.126/129.5261*129.5261
=0.126

Current CPI (Mar24) = 129.5261.

Turners Automotive Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -0.047 99.646 -0.061
201603 0.121 100.063 0.157
201703 -0.313 102.231 -0.397
201803 -1.288 103.355 -1.614
201903 -0.318 104.889 -0.393
202003 -0.224 107.547 -0.270
202103 0.026 109.182 0.031
202203 -0.699 116.747 -0.776
202303 0.279 124.517 0.290
202403 0.126 129.526 0.126

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.


Turners Automotive Group  (NZSE:TRA) 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.


Turners Automotive Group Cyclically Adjusted Price-to-FCF Related Terms

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Turners Automotive Group (NZSE:TRA) Business Description

Traded in Other Exchanges
Address
Level 5, 70 Shortland Street, PO Box 1232, Auckland, NZL, 1140
Turners Automotive Group Ltd is an integrated financial services group, primarily operating in the automotive sector. Business activity generally functions through Automotive Retail, Finance, Insurance, Credit management, Corporate, and Others. The company derives the majority of its revenue from Automotive retail which is engaged in remarketing (motor vehicles, trucks, heavy machinery, and commercial goods) and purchasing goods for sale and related asset-based finance to consumers. Geographically the group's business activities are located in New Zealand and Australia.

Turners Automotive Group (NZSE:TRA) Headlines

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