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Douglas Dynamics (Douglas Dynamics) Cyclically Adjusted Price-to-FCF : 9.41 (As of Apr. 30, 2024)


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What is Douglas Dynamics Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Douglas Dynamics's current share price is $22.49. Douglas Dynamics's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.39. Douglas Dynamics's Cyclically Adjusted Price-to-FCF for today is 9.41.

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

PLOW' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.16   Med: 17.2   Max: 28.18
Current: 9.36

During the past years, Douglas Dynamics's highest Cyclically Adjusted Price-to-FCF was 28.18. The lowest was 9.16. And the median was 17.20.

PLOW's Cyclically Adjusted Price-to-FCF is ranked better than
81.69% of 486 companies
in the Vehicles & Parts industry
Industry Median: 21.61 vs PLOW: 9.36

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.

Douglas Dynamics's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $3.212. 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 $2.39 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Douglas Dynamics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Douglas Dynamics'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.

Douglas Dynamics Cyclically Adjusted Price-to-FCF Chart

Douglas Dynamics 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 27.48 19.58 17.00 14.57 12.41

Douglas Dynamics 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 14.57 13.80 12.91 12.45 12.41

Competitive Comparison of Douglas Dynamics's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Douglas Dynamics'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.


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

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

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



Douglas Dynamics 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=22.49/2.39
=9.41

* 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.

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

For example, Douglas Dynamics'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)
=3.212/129.4194*129.4194
=3.212

Current CPI (Dec. 2023) = 129.4194.

Douglas Dynamics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.404 99.695 0.524
201406 0.032 100.560 0.041
201409 -1.400 100.428 -1.804
201412 3.148 99.070 4.112
201503 0.452 99.621 0.587
201506 -0.131 100.684 -0.168
201509 -1.170 100.392 -1.508
201512 2.927 99.792 3.796
201603 0.776 100.470 1.000
201606 0.272 101.688 0.346
201609 -0.861 101.861 -1.094
201612 2.487 101.863 3.160
201703 0.132 102.862 0.166
201706 0.320 103.349 0.401
201709 -0.711 104.136 -0.884
201712 2.861 104.011 3.560
201803 0.573 105.290 0.704
201806 -0.267 106.317 -0.325
201809 -1.369 106.507 -1.664
201812 3.199 105.998 3.906
201903 -0.279 107.251 -0.337
201906 0.025 108.070 0.030
201909 -1.016 108.329 -1.214
201912 4.150 108.420 4.954
202003 -0.499 108.902 -0.593
202006 0.014 108.767 0.017
202009 -1.114 109.815 -1.313
202012 3.300 109.897 3.886
202103 0.959 111.754 1.111
202106 -0.584 114.631 -0.659
202109 -1.536 115.734 -1.718
202112 3.311 117.630 3.643
202203 -1.227 121.301 -1.309
202206 -1.554 125.017 -1.609
202209 -0.858 125.227 -0.887
202212 4.867 125.222 5.030
202303 -2.605 127.348 -2.647
202306 -0.516 128.729 -0.519
202309 -0.015 129.860 -0.015
202312 3.212 129.419 3.212

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.


Douglas Dynamics  (NYSE:PLOW) 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.


Douglas Dynamics Cyclically Adjusted Price-to-FCF Related Terms

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


Douglas Dynamics (Douglas Dynamics) Business Description

Traded in Other Exchanges
Address
11270 W Park Place, Suite 300, Milwaukee, WI, USA, 53224
Douglas Dynamics Inc is a manufacturer and upfitter of commercial vehicle attachments and equipment. The Company's portfolio includes snow and ice management attachments sold under the BLIZZARD, FISHER, HENDERSON, SNOWEX and WESTERN brands, turf care equipment under the TURFEX brand and industrial maintenance equipment under the SWEEPEX brand. The Company's portfolio also includes the upfit of attachments and storage solutions under the HENDERSON brand, and the DEJANA brand and its related sub-brands. The Company also leases fifteen manufacturing and upfit and service facilities located in Iowa, Maryland, Missouri, New Jersey, New York, Ohio, Pennsylvania, and Rhode Island. The Company conducts business in two segments: Work Truck Attachments and Work Truck Solutions.
Executives
Robert L Mccormick officer: President and CEO C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
James L Janik director C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
Genderen Mark Van officer: President - Work Truck Attm. C/O DOUGLAS DYNAMICS, INC., 11270 W. PARK PLACE, SUITE 300, MILWAUKEE WI 53224
Linda R Evans officer: VP of Human Resources 7777 N 73RD STREET, MILWAUKEE WI 53223
Jon J Sisulak officer: Controller 7777 N 73RD STREET, MILWAUKEE WI 53223
Sarah C Lauber officer: CFO and Secretary 833 EAST MICHIGAN STREET, SUITE 900, MILWAUKEE WI 53202
Joher Akolawala director 11270 W. PARK PLACE, SUITE 300, MILWAUKEE WI 53224
Keith Hagelin officer: VP, Operations C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
Jonathon P. Sievert officer: President - Henderson Products C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53223
Lisa R Bacus director 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192
Andrew Dejana officer: * See Remarks below C/O DOUGLAS DYNAMICS, INC., 777 NORTH 73RD STREET, MILWAUKEE WI 53223
Robert J Young officer: Controller C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
Mark Adamson officer: VP, Sales and Marketing C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
Michael W Wickham director C/O ROADWAY CORP, 1077 GORGE BLVD, AKRON OH 44310
Margaret S Dano director FLEETWOOD ENTERPRISES INC, 3125 MYERS STREET PO BOX 7638, RIVERSIDE CA 92513-7638

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