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Ampco-Pittsburgh (Ampco-Pittsburgh) Cyclically Adjusted FCF per Share : $-0.89 (As of Dec. 2023)


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What is Ampco-Pittsburgh Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Ampco-Pittsburgh's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.017. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-0.89 for the trailing ten years ended in Dec. 2023.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Ampco-Pittsburgh was 27.90% per year. The lowest was -66.20% per year. And the median was -0.25% per year.

As of today (2024-04-28), Ampco-Pittsburgh's current stock price is $2.11. Ampco-Pittsburgh's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-0.89. Ampco-Pittsburgh's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ampco-Pittsburgh was 656.00. The lowest was 6.83. And the median was 15.70.


Ampco-Pittsburgh Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ampco-Pittsburgh's Cyclically Adjusted FCF per Share 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.

Ampco-Pittsburgh Cyclically Adjusted FCF per Share Chart

Ampco-Pittsburgh Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.23 0.01 -0.42 -0.89

Ampco-Pittsburgh Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 -0.42 -0.54 -0.71 -0.80 -0.89

Competitive Comparison of Ampco-Pittsburgh's Cyclically Adjusted FCF per Share

For the Metal Fabrication subindustry, Ampco-Pittsburgh'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.


Ampco-Pittsburgh's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Ampco-Pittsburgh Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Ampco-Pittsburgh's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.017/129.4194*129.4194
=0.017

Current CPI (Dec. 2023) = 129.4194.

Ampco-Pittsburgh Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.340 99.695 -0.441
201406 -0.094 100.560 -0.121
201409 0.385 100.428 0.496
201412 0.690 99.070 0.901
201503 -0.039 99.621 -0.051
201506 0.046 100.684 0.059
201509 0.121 100.392 0.156
201512 0.932 99.792 1.209
201603 -0.509 100.470 -0.656
201606 -0.939 101.688 -1.195
201609 -0.128 101.861 -0.163
201612 0.202 101.863 0.257
201703 -0.702 102.862 -0.883
201706 -0.663 103.349 -0.830
201709 -0.720 104.136 -0.895
201712 -0.256 104.011 -0.319
201803 -0.994 105.290 -1.222
201806 -0.271 106.317 -0.330
201809 0.021 106.507 0.026
201812 -0.083 105.998 -0.101
201903 -0.669 107.251 -0.807
201906 -0.335 108.070 -0.401
201909 -0.232 108.329 -0.277
201912 -0.202 108.420 -0.241
202003 0.844 108.902 1.003
202006 1.301 108.767 1.548
202009 -0.012 109.815 -0.014
202012 -0.150 109.897 -0.177
202103 -0.025 111.754 -0.029
202106 -0.421 114.631 -0.475
202109 -0.362 115.734 -0.405
202112 -0.771 117.630 -0.848
202203 -1.026 121.301 -1.095
202206 -0.526 125.017 -0.545
202209 -0.180 125.227 -0.186
202212 -0.541 125.222 -0.559
202303 -0.414 127.348 -0.421
202306 -0.464 128.729 -0.466
202309 -0.373 129.860 -0.372
202312 0.017 129.419 0.017

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Ampco-Pittsburgh  (NYSE:AP) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ampco-Pittsburgh was 656.00. The lowest was 6.83. And the median was 15.70.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Ampco-Pittsburgh Cyclically Adjusted FCF per Share Related Terms

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


Ampco-Pittsburgh (Ampco-Pittsburgh) Business Description

Traded in Other Exchanges
N/A
Address
726 Bell Avenue, Suite 301, Carnegie, PA, USA, 15106
Ampco-Pittsburgh Corp is a U,S.-based company manufacturing and selling engineered, specialty metal products and customized equipment. It operates in two business segments namely the Forged and Cast Engineered Products segment and the Air and Liquid Processing segment. The Forged and Cast Engineered Products segment produces forged hardened steel rolls, cast rolls, and open-die forged products. Forged hardened steel rolls are used in cold rolling mills by producers of steel, aluminum, and other metals whereas, the Air and Liquid Processing segment includes Aerofin, Buffalo Air Handling, and Buffalo Pumps. The company generates a majority of its revenue from the Forged and Cast Engineered Products segment. It has a business presence in the U,S and other countries.
Executives
Darrell L Mcnair director 726 BELL AVENUE, SUITE 301, CARNEGIE PA 15106
Frederick D. Disanto director 6060 PARKLAND, SUITE 200, CLEVELAND OH 44124
David George Anderson officer: President,Air&Liq. Proc. Group 726 BELL AVENUE, SUITE 301, CARNEGIE PA 15106
Robert Demichiei director 726 BELL AVE., SUITE 301, PO BOX 457, CARNEGIE PA 15106
Michael G Mcauley officer: CFO & Treasurer 1550 CORAOPOLIS HEIGHTS ROAD, SUITE 500, PITTSBURGH PA 15108
Louis Berkman Investment Co 10 percent owner 330 N. SEVENTH STREET, STEUBENVILLE OH 43952
Brett Mcbrayer director, officer: Chief Executive Officer 726 BELL AVENUE, SUITE 301, CARNEGIE PA 15106
Pforzheimer Carl H Ii director CARL H PFORZHEIMER & CO, 650 MADISON 23 FLOOR, NEW YORK NY 10022
Samuel Lyon officer: President of Union Electric C/O UNION ELECTRIC STEEL CORPORATION, 726 BELL AVENUE, CARNEGIE PA 15106
Elizabeth Anne Fessenden director 1137 WEST AVENUE, RICHMOND VA 23220
Crawford United Corp other: Member of 10% owner group 10514 DUPONT AVE, CLEVELAND OH 44108
Edward F Crawford other: Member of 10% owner group
2006 Irrevocable Trust Of Laura W. Van Loan For The Benefit Of Mary M. Crawford other: Member of 10% owner group 6065 PARKLAND BOULEVARD, CLEVELAND OH 44124
Altor Ii Aggregator Topco Ltd 10 percent owner 11-15 SEATON PLACE, ST. HELIER Y9 JE4 0QH
Terry L Dunlap director 1000 SIX PPG PLACE, PITTSBURGH PA 15222