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Ashtead Group (STU:0LC) Cyclically Adjusted Price-to-FCF : 30.98 (As of Jun. 01, 2025)


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What is Ashtead Group Cyclically Adjusted Price-to-FCF?

As of today (2025-06-01), Ashtead Group's current share price is €50.50. Ashtead Group's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2025 was €1.63. Ashtead Group's Cyclically Adjusted Price-to-FCF for today is 30.98.

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

STU:0LC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 27.66   Med: 71.02   Max: 1721
Current: 31.64

During the past years, Ashtead Group's highest Cyclically Adjusted Price-to-FCF was 1721.00. The lowest was 27.66. And the median was 71.02.

STU:0LC's Cyclically Adjusted Price-to-FCF is ranked worse than
75.54% of 372 companies
in the Business Services industry
Industry Median: 16.19 vs STU:0LC: 31.64

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.

Ashtead Group's adjusted free cash flow per share data for the three months ended in Jan. 2025 was €0.931. 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 €1.63 for the trailing ten years ended in Jan. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ashtead Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ashtead 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.

* Premium members only.

Ashtead Group Cyclically Adjusted Price-to-FCF Chart

Ashtead Group Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.91 72.67 47.20 43.08 51.07

Ashtead Group Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 50.33 51.07 46.45 45.37 38.73

Competitive Comparison of Ashtead Group's Cyclically Adjusted Price-to-FCF

For the Rental & Leasing Services subindustry, Ashtead 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.


Ashtead Group's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ashtead Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Ashtead 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=50.50/1.63
=30.98

* 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.

Ashtead Group's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2025 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=0.931/135.1000*135.1000
=0.931

Current CPI (Jan. 2025) = 135.1000.

Ashtead Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201504 0.335 99.900 0.453
201507 -0.393 100.000 -0.531
201510 -0.174 100.300 -0.234
201601 0.047 99.900 0.064
201604 0.313 100.600 0.420
201607 -0.123 100.900 -0.165
201610 0.061 101.600 0.081
201701 0.200 101.800 0.265
201704 0.619 103.200 0.810
201707 0.110 103.500 0.144
201710 -0.034 104.400 -0.044
201801 0.330 104.500 0.427
201804 0.453 105.500 0.580
201807 0.113 105.900 0.144
201810 -0.075 106.700 -0.095
201901 0.112 106.400 0.142
201904 0.713 107.600 0.895
201907 0.369 108.000 0.462
201910 0.189 108.300 0.236
202001 0.347 108.300 0.433
202004 1.038 108.600 1.291
202007 1.075 109.200 1.330
202010 0.921 109.200 1.139
202101 0.591 109.300 0.731
202104 0.815 110.400 0.997
202107 0.783 111.400 0.950
202110 0.025 113.400 0.030
202201 0.579 114.600 0.683
202204 0.788 119.000 0.895
202207 0.188 121.200 0.210
202210 0.124 124.300 0.135
202301 0.275 124.800 0.298
202304 0.458 128.300 0.482
202307 -0.303 129.000 -0.317
202310 -0.485 130.200 -0.503
202401 -0.287 130.000 -0.298
202404 1.439 132.200 1.471
202407 0.315 132.900 0.320
202410 0.504 134.300 0.507
202501 0.931 135.100 0.931

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.


Ashtead Group  (STU:0LC) 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.


Ashtead Group Cyclically Adjusted Price-to-FCF Related Terms

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


Ashtead Group Business Description

Industry
Traded in Other Exchanges
Address
100 Cheapside, London, GBR, EC2V 6DT
Ashtead is an equipment rental business with operations in the US, Canada, and United Kingdom, operating under the Sunbelt Rentals brand. Earnings are mostly derived from the US where Sunbelt enjoy a number-two market position with a 13% share in a highly fragmented market consisting of national, regional, and independent competitors. Ashtead rents a range of construction, industrial, and general equipment such as aerial lifts, hand-held tools, and forklifts across its more than 1,550 rental stores worldwide.

Ashtead Group Headlines

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