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Linamar (TSX:LNR) Cyclically Adjusted Price-to-FCF : 7.87 (As of Jan. 18, 2025)


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What is Linamar Cyclically Adjusted Price-to-FCF?

As of today (2025-01-18), Linamar's current share price is C$57.81. Linamar's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was C$7.35. Linamar's Cyclically Adjusted Price-to-FCF for today is 7.87.

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

TSX:LNR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.78   Med: 13.7   Max: 64.53
Current: 7.86

During the past years, Linamar's highest Cyclically Adjusted Price-to-FCF was 64.53. The lowest was 6.78. And the median was 13.70.

TSX:LNR's Cyclically Adjusted Price-to-FCF is ranked better than
82.62% of 443 companies
in the Vehicles & Parts industry
Industry Median: 20.11 vs TSX:LNR: 7.86

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.

Linamar's adjusted free cash flow per share data for the three months ended in Sep. 2024 was C$4.234. 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 C$7.35 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Linamar Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Linamar'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.

Linamar Cyclically Adjusted Price-to-FCF Chart

Linamar 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 13.87 12.43 10.83 8.22 9.04

Linamar Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 8.95 9.04 10.22 9.37 8.58

Competitive Comparison of Linamar's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Linamar'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.


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

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

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



Linamar 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=57.81/7.35
=7.87

* 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.

Linamar's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=4.234/127.2847*127.2847
=4.234

Current CPI (Sep. 2024) = 127.2847.

Linamar Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.960 98.367 2.536
201503 -0.309 99.789 -0.394
201506 1.677 100.500 2.124
201509 1.408 100.421 1.785
201512 2.511 99.947 3.198
201603 1.223 101.054 1.540
201606 1.249 102.002 1.559
201609 2.961 101.765 3.704
201612 2.773 101.449 3.479
201703 -0.578 102.634 -0.717
201706 1.614 103.029 1.994
201709 0.336 103.345 0.414
201712 1.478 103.345 1.820
201803 -1.296 105.004 -1.571
201806 0.246 105.557 0.297
201809 1.363 105.636 1.642
201812 1.702 105.399 2.055
201903 0.101 106.979 0.120
201906 2.837 107.690 3.353
201909 0.620 107.611 0.733
201912 5.723 107.769 6.759
202003 2.081 107.927 2.454
202006 2.504 108.401 2.940
202009 6.672 108.164 7.851
202012 6.235 108.559 7.310
202103 2.453 110.298 2.831
202106 2.037 111.720 2.321
202109 3.349 112.905 3.776
202112 2.138 113.774 2.392
202203 -0.419 117.646 -0.453
202206 -0.321 120.806 -0.338
202209 0.479 120.648 0.505
202212 1.014 120.964 1.067
202303 0.236 122.702 0.245
202306 0.775 124.203 0.794
202309 -2.128 125.230 -2.163
202312 1.172 125.072 1.193
202403 -0.758 126.258 -0.764
202406 0.911 127.522 0.909
202409 4.234 127.285 4.234

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.


Linamar  (TSX:LNR) 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.


Linamar Cyclically Adjusted Price-to-FCF Related Terms

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


Linamar Business Description

Industry
Traded in Other Exchanges
Address
287 Speedvale Avenue West, Guelph, ON, CAN, N1H 1C5
Linamar Corp is a diversified global manufacturing company of highly engineered products. The Company's Industrial segment operates the Skyjack and MacDon brands, It manufactures products for the Aerial Work Platform and Agricultural industries, respectively. The Mobility segment features vertically integrated operations to combine expertise in light metal casting, forging, machining and assembly of components and systems for electric and traditional vehicle applications. In addition, McLaren Engineering and eLIN Product Solutions Group provide design, development, and testing services for the Mobility segment.
Executives
Linamar Corporation Issuer
Mark Stoddart Director, Senior Officer
Michael Willard Russell Senior Officer
Dale Schneider Senior Officer
Elliot Burger Deemed Insider - 6 Months before becoming Insider
Christopher John Merchant Senior Officer
Roxanne Phyllis Rose Senior Officer
Linda Hasenfratz Director, Senior Officer
Ronald Dale Bennett Senior Officer
Brian Wade Senior Officer
Alexander Drolc Senior Officer
Geoffrey Joseph Gray Deemed Insider - 6 Months before becoming Insider
Roger Fulton Senior Officer
Steven Keith Bowman Senior Officer
Kiera Katherine Andrew Young Senior Officer

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