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Autoliv (OSTO:ALIV SDB) Cyclically Adjusted Price-to-FCF : 32.04 (As of Jun. 07, 2024)


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What is Autoliv Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Autoliv's current share price is kr1252.00. Autoliv's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr39.08. Autoliv's Cyclically Adjusted Price-to-FCF for today is 32.04.

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

OSTO:ALIV SDB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.49   Med: 20.73   Max: 34.95
Current: 32.84

During the past years, Autoliv's highest Cyclically Adjusted Price-to-FCF was 34.95. The lowest was 10.49. And the median was 20.73.

OSTO:ALIV SDB's Cyclically Adjusted Price-to-FCF is ranked worse than
61.54% of 494 companies
in the Vehicles & Parts industry
Industry Median: 21.27 vs OSTO:ALIV SDB: 32.84

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.

Autoliv's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr-2.258. 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 kr39.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Autoliv Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Autoliv'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.

Autoliv Cyclically Adjusted Price-to-FCF Chart

Autoliv 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 22.04 25.62 28.68 20.39 29.08

Autoliv 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 26.78 22.92 26.50 29.08 33.03

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

For the Auto Parts subindustry, Autoliv'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.


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

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

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



Autoliv 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1252.00/39.08
=32.04

* 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.

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

For example, Autoliv'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)
=-2.258/132.2054*132.2054
=-2.258

Current CPI (Mar. 2024) = 132.2054.

Autoliv Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.102 100.432 -2.767
201409 7.293 100.161 9.626
201412 8.366 100.225 11.036
201503 -4.880 99.950 -6.455
201506 3.604 99.995 4.765
201509 8.868 100.228 11.697
201512 17.132 100.276 22.587
201603 10.266 100.751 13.471
201606 -2.734 101.019 -3.578
201609 14.556 101.138 19.027
201612 13.529 102.022 17.532
201703 1.984 102.022 2.571
201706 3.773 102.752 4.854
201709 6.806 103.279 8.712
201712 21.555 103.793 27.456
201803 -11.837 103.962 -15.053
201806 -11.882 104.875 -14.979
201809 12.213 105.679 15.279
201812 15.992 105.912 19.962
201903 4.817 105.886 6.014
201906 -16.058 106.742 -19.889
201909 8.018 107.214 9.887
201912 20.462 107.766 25.102
202003 7.546 106.563 9.362
202006 -20.583 107.498 -25.314
202009 27.730 107.635 34.060
202012 33.889 108.296 41.371
202103 8.972 108.360 10.946
202106 -3.255 108.928 -3.951
202109 7.491 110.338 8.976
202112 16.771 112.486 19.711
202203 -4.576 114.825 -5.269
202206 -22.185 118.384 -24.775
202209 8.508 122.296 9.197
202212 35.271 126.365 36.901
202303 -23.065 127.042 -24.002
202306 32.132 129.407 32.827
202309 6.390 130.224 6.487
202312 36.030 131.912 36.110
202403 -2.258 132.205 -2.258

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.


Autoliv  (OSTO:ALIV SDB) 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.


Autoliv Cyclically Adjusted Price-to-FCF Related Terms

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


Autoliv (OSTO:ALIV SDB) Business Description

Traded in Other Exchanges
Address
Klarabergsviadukten 70, P.O. Box 70381, Section B7, Stockholm, SWE, SE-107 24
Autoliv is the global leader in passive safety components and systems for the auto industry. Products include seat belts, frontal air bags, side-impact air bags, air bag inflators, and steering wheels. The Renault-Nissan-Mitsubishi alliance is the company's largest customer at 11% of 2022 revenue, with Stellantis accounting for 11% and Volkswagen 10%. At 34% of 2022 revenue, the Americas was Autoliv's largest geographic region, followed by Europe at 27%, China at 21%, and Japan at 8%.

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