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As of today (2024-05-01), The Shyft Group's current share price is $10.88. The Shyft Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.50. The Shyft Group's Cyclically Adjusted Price-to-FCF for today is 21.76.
The historical rank and industry rank for The Shyft Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:
During the past years, The Shyft Group's highest Cyclically Adjusted Price-to-FCF was 132.91. The lowest was 11.50. And the median was 29.10.
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.
The Shyft Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.282. 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 $0.50 for the trailing ten years ended in Mar. 2024.
The historical data trend for The Shyft 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.
The Shyft Group 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 | 49.05 | 40.63 | 27.62 | 23.90 | 25.06 |
For the Farm & Heavy Construction Machinery subindustry, The Shyft 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.
For the Farm & Heavy Construction Machinery industry and Industrials sector, The Shyft Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:
* The bar in red indicates where The Shyft Group's Cyclically Adjusted Price-to-FCF falls into.
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.
The Shyft Group's Cyclically Adjusted Price-to-FCF for today is calculated as
Cyclically Adjusted Price-to-FCF | = | Share Price | / | Cyclically Adjusted FCF per Share |
= | 10.88 | / | 0.5 | |
= | 21.76 |
* 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.
The Shyft Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:
For example, The Shyft Group'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) |
= | -0.282 | / | 129.4194 | * | 129.4194 | |
= | -0.282 |
Current CPI (Mar. 2024) = 129.4194.
The Shyft Group Quarterly Data
Free Cash Flow per Share | CPI | Adj_FreeCashFlowPerShare | |
201406 | 0.147 | 100.560 | 0.189 |
201409 | -0.014 | 100.428 | -0.018 |
201412 | 0.051 | 99.070 | 0.067 |
201503 | -0.478 | 99.621 | -0.621 |
201506 | 0.299 | 100.684 | 0.384 |
201509 | 0.009 | 100.392 | 0.012 |
201512 | 0.398 | 99.792 | 0.516 |
201603 | 0.122 | 100.470 | 0.157 |
201606 | 0.196 | 101.688 | 0.249 |
201609 | 0.006 | 101.861 | 0.008 |
201612 | -0.036 | 101.863 | -0.046 |
201703 | -0.002 | 102.862 | -0.003 |
201706 | -0.069 | 103.349 | -0.086 |
201709 | 0.024 | 104.136 | 0.030 |
201712 | 0.521 | 104.011 | 0.648 |
201803 | -0.046 | 105.290 | -0.057 |
201806 | -0.144 | 106.317 | -0.175 |
201809 | -0.189 | 106.507 | -0.230 |
201812 | 0.352 | 105.998 | 0.430 |
201903 | -0.123 | 107.251 | -0.148 |
201906 | 0.095 | 108.070 | 0.114 |
201909 | -0.008 | 108.329 | -0.010 |
201912 | 0.714 | 108.420 | 0.852 |
202003 | -0.547 | 108.902 | -0.650 |
202006 | 0.051 | 108.767 | 0.061 |
202009 | 0.843 | 109.815 | 0.993 |
202012 | 1.010 | 109.897 | 1.189 |
202103 | -0.199 | 111.754 | -0.230 |
202106 | -0.053 | 114.631 | -0.060 |
202109 | 0.921 | 115.734 | 1.030 |
202112 | 0.741 | 117.630 | 0.815 |
202203 | -0.948 | 121.301 | -1.011 |
202206 | -0.380 | 125.017 | -0.393 |
202209 | -0.341 | 125.227 | -0.352 |
202212 | 0.544 | 125.222 | 0.562 |
202303 | 0.040 | 127.348 | 0.041 |
202306 | 0.664 | 128.729 | 0.668 |
202309 | 0.116 | 129.860 | 0.116 |
202312 | 0.198 | 129.419 | 0.198 |
202403 | -0.282 | 129.419 | -0.282 |
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.
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.
Thank you for viewing the detailed overview of The Shyft Group's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Joshua A Sherbin | officer: Chief Legal Officer | 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304 |
Jonathan C Douyard | officer: Chief Financial Officer | C/O SPARTAN MOTORS, INC., 41280 BRIDGE STREET, NOVI MI 48375 |
Michael Dinkins | director | 6166 NW 85TH WAY, PARKLAND FL 33067 |
Terri Pizzuto | director | 3050 HIGHLAND PARKWAY, STE 100, DOWNERS GROVA IL 60515 |
Pamela L Kermisch | director | C/O THE SHYFT GROUP, 41280 BRIDGE STREET, NOVI MI 48375 |
Mark B. Rourke | director | 3101 PACKERLAND DRIVE, GREEN BAY WI 54313 |
James A. Sharman | director | C/O SPARTAN MOTORS, INC., 1541 REYNOLDS ROAD, CHARLOTTE MI 48813 |
Jacob Owen Farmer | officer: President, Specialty Vehicles | C/O THE SHYFT GROUP, 41280 BRIDGE STREET, NOVI MI 48375 |
Stephen K Guillaume | officer: President, Specialty Chassis | C/O SPARTAN MOTORS, INC., 1541 REYNOLDS ROAD, CHARLOTTE MI 48813 |
John Albert Dunn | officer: President Fleet Vehicles & Svc | C/O THE SHYFT GROUP, 41280 BRIDGE STREET, NOVI MI 48375 |
Hindman Colin E | officer: Chief Human Resources Officer | 3130 STONEY CREEK ROAD, OAKLAND MI 48363 |
Scott Matthew Ocholik | officer: Chief Accounting Officer | C/O THE SHYFT GROUP, 41280 BRIDGE STREET, NOVI MI 48375 |
Carl A. Esposito | director | 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033 |
Thomas R Clevinger | director | C/O SPARTAN MOTORS, INC., 1541 REYNOLDS ROAD, CHARLOTTE MI 48813 |
Daryl M Adams | officer: Chief Operating Officer | C/O SPARTAN MOTORS, INC., 1541 REYNOLDS ROAD, CHARLOTTE MI 48813 |
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