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Douglas Dynamics (STU:5D4) Cyclically Adjusted Price-to-FCF : 10.09 (As of Jun. 19, 2024)


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

As of today (2024-06-19), Douglas Dynamics's current share price is €21.40. Douglas Dynamics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.12. Douglas Dynamics's Cyclically Adjusted Price-to-FCF for today is 10.09.

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

STU:5D4' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.61   Med: 17.08   Max: 28.18
Current: 10.12

During the past years, Douglas Dynamics's highest Cyclically Adjusted Price-to-FCF was 28.18. The lowest was 9.61. And the median was 17.08.

STU:5D4's Cyclically Adjusted Price-to-FCF is ranked better than
76.72% of 494 companies
in the Vehicles & Parts industry
Industry Median: 21.01 vs STU:5D4: 10.12

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 Mar. 2024 was €-0.918. 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 €2.12 for the trailing ten years ended in Mar. 2024.

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
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 13.80 12.91 12.45 12.41 10.57

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
=21.40/2.12
=10.09

* 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 Mar. 2024 is calculated as:

For example, Douglas Dynamics'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)
=-0.918/131.7762*131.7762
=-0.918

Current CPI (Mar. 2024) = 131.7762.

Douglas Dynamics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.024 100.560 0.031
201409 -1.086 100.428 -1.425
201412 2.553 99.070 3.396
201503 0.418 99.621 0.553
201506 -0.117 100.684 -0.153
201509 -1.043 100.392 -1.369
201512 2.687 99.792 3.548
201603 0.696 100.470 0.913
201606 0.242 101.688 0.314
201609 -0.767 101.861 -0.992
201612 2.358 101.863 3.050
201703 0.123 102.862 0.158
201706 0.284 103.349 0.362
201709 -0.597 104.136 -0.755
201712 2.418 104.011 3.063
201803 0.465 105.290 0.582
201806 -0.228 106.317 -0.283
201809 -1.173 106.507 -1.451
201812 2.812 105.998 3.496
201903 -0.247 107.251 -0.303
201906 0.022 108.070 0.027
201909 -0.923 108.329 -1.123
201912 3.735 108.420 4.540
202003 -0.452 108.902 -0.547
202006 0.012 108.767 0.015
202009 -0.945 109.815 -1.134
202012 2.712 109.897 3.252
202103 0.806 111.754 0.950
202106 -0.484 114.631 -0.556
202109 -1.305 115.734 -1.486
202112 2.930 117.630 3.282
202203 -1.114 121.301 -1.210
202206 -1.470 125.017 -1.549
202209 -0.866 125.227 -0.911
202212 4.595 125.222 4.836
202303 -2.433 127.348 -2.518
202306 -0.476 128.729 -0.487
202309 -0.014 129.860 -0.014
202312 2.945 129.419 2.999
202403 -0.918 131.776 -0.918

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  (STU:5D4) 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 (STU:5D4) 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.

Douglas Dynamics (STU:5D4) Headlines

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