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Taylor Devices (Taylor Devices) Cyclically Adjusted Price-to-FCF : 57.54 (As of Apr. 30, 2024)


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What is Taylor Devices Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Taylor Devices's current share price is $52.94. Taylor Devices's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was $0.92. Taylor Devices's Cyclically Adjusted Price-to-FCF for today is 57.54.

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

TAYD' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.59   Med: 56.34   Max: 229.17
Current: 56.05

During the past years, Taylor Devices's highest Cyclically Adjusted Price-to-FCF was 229.17. The lowest was 12.59. And the median was 56.34.

TAYD's Cyclically Adjusted Price-to-FCF is ranked worse than
68.63% of 1020 companies
in the Industrial Products industry
Industry Median: 32.835 vs TAYD: 56.05

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.

Taylor Devices's adjusted free cash flow per share data for the three months ended in Feb. 2024 was $-0.364. 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 $0.92 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taylor Devices Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Taylor Devices'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.

Taylor Devices Cyclically Adjusted Price-to-FCF Chart

Taylor Devices Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.97 29.09 25.15 14.07 25.84

Taylor Devices Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 26.84 25.84 25.55 24.43 38.91

Competitive Comparison of Taylor Devices's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Taylor Devices'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.


Taylor Devices's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Taylor Devices's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Taylor Devices 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=52.94/0.92
=57.54

* 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.

Taylor Devices's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Taylor Devices's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.364/129.4194*129.4194
=-0.364

Current CPI (Feb. 2024) = 129.4194.

Taylor Devices Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.493 100.373 0.636
201408 0.216 100.352 0.279
201411 -0.104 99.635 -0.135
201502 -0.250 99.032 -0.327
201505 0.673 100.333 0.868
201508 -0.138 100.548 -0.178
201511 -0.057 100.135 -0.074
201602 0.677 100.040 0.876
201605 0.060 101.355 0.077
201608 -0.360 101.617 -0.458
201611 -0.272 101.829 -0.346
201702 -0.959 102.779 -1.208
201705 0.691 103.256 0.866
201708 -0.478 103.587 -0.597
201711 -0.035 104.072 -0.044
201802 -0.119 105.052 -0.147
201805 0.512 106.148 0.624
201808 1.207 106.383 1.468
201811 -0.631 106.338 -0.768
201902 -0.196 106.649 -0.238
201905 0.213 108.048 0.255
201908 0.468 108.245 0.560
201911 1.528 108.519 1.822
202002 0.568 109.139 0.674
202005 -0.133 108.175 -0.159
202008 0.075 109.662 0.089
202011 -0.124 109.793 -0.146
202102 0.300 110.968 0.350
202105 1.247 113.576 1.421
202108 -0.119 115.421 -0.133
202111 -0.432 117.269 -0.477
202202 0.409 119.703 0.442
202205 0.616 123.323 0.646
202208 -0.250 124.958 -0.259
202211 -0.195 125.607 -0.201
202302 0.141 126.928 0.144
202305 1.475 128.314 1.488
202308 0.734 129.538 0.733
202311 1.189 129.548 1.188
202402 -0.364 129.419 -0.364

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.


Taylor Devices  (NAS:TAYD) 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.


Taylor Devices Cyclically Adjusted Price-to-FCF Related Terms

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


Taylor Devices (Taylor Devices) Business Description

Traded in Other Exchanges
N/A
Address
90 Taylor Drive, P.O. Box 748, North Tonawanda, North Tonawanda, NY, USA, 14120
Taylor Devices Inc is involved in the design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices for use in various types of machinery, equipment, and structures. The company's product line includes Seismic dampers, Fluidicshoks, Crane and industrial buffers, Self-adjusting shock absorbers, Liquid die springs and Vibration Dampers. In general, its products are used to absorb, control, or mitigate the motion of masses caused by earthquakes or explosions. The company markets its product to various industries such as industrial, steel mills, buildings, bridges, aerospace, defense, and automotive industries.
Executives
Ira Sochet 10 percent owner 24 NORTH PINE CIRCLE, BELLEAIR FL 33756
Timothy John Sopko director, officer: CHIEF EXECUTIVE OFFICER 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Paul Murray Heary officer: Chief Financial Officer TAYLOR DEVICES, INC., 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Robert Michael Carey director 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Alan Raymond Klembczyk director, officer: PRESIDENT 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Fritz Eric Armenat director 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Randall L Clark director 475 CAYUGA ROAD, CHEEKTOWAGA NY 14225
Mark V Mcdonough officer: Chief Financial Officer 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Douglas P Taylor director, officer: President 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120-0748
John Burgess director 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Donald B Hofmar director TAYLOR DEVICES INC, 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120-0748
Richard G Hill director, officer: Vice President 90 TAYLOR DRIVE, PO BOX 748, NORTH TONAWANDA NY 14120-0748
Newman Reginald B Ii director PRIOR AVIATION SERVICE INC., 50 NORTH AIRPORT DRIVE, BUFFALO NY 14225
Joseph P Gastel director, officer: Secretary
Baird Foundation Cameron 10 percent owner C/O KAYINOKY & COOK, 120 DELAWARE AVE, BUFFALO NY 14202