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Mohawk Industries (BSP:M1HK34) Cyclically Adjusted FCF per Share : R$1.71 (As of Dec. 2023)


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What is Mohawk Industries 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.

Mohawk Industries's adjusted free cash flow per share for the three months ended in Dec. 2023 was R$0.166. 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 R$1.71 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mohawk Industries's average Cyclically Adjusted FCF Growth Rate was 14.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 5.40% per year. 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 Mohawk Industries was 39.70% per year. The lowest was -5.10% per year. And the median was 10.90% per year.

As of today (2024-04-28), Mohawk Industries's current stock price is R$21.82. Mohawk Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$1.71. Mohawk Industries's Cyclically Adjusted Price-to-FCF of today is 12.76.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mohawk Industries was 59.98. The lowest was 8.29. And the median was 26.16.


Mohawk Industries Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Mohawk Industries'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.

Mohawk Industries Cyclically Adjusted FCF per Share Chart

Mohawk Industries 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 - 1.16 1.71 1.56 1.71

Mohawk Industries 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 1.56 1.66 1.62 1.80 1.71

Competitive Comparison of Mohawk Industries's Cyclically Adjusted FCF per Share

For the Furnishings, Fixtures & Appliances subindustry, Mohawk Industries'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.


Mohawk Industries's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Mohawk Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Mohawk Industries 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, Mohawk Industries'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)
=0.166/129.4194*129.4194
=0.166

Current CPI (Dec. 2023) = 129.4194.

Mohawk Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.236 99.695 -0.306
201406 0.048 100.560 0.062
201409 0.103 100.428 0.133
201412 0.233 99.070 0.304
201503 -0.255 99.621 -0.331
201506 0.316 100.684 0.406
201509 0.536 100.392 0.691
201512 0.242 99.792 0.314
201603 0.021 100.470 0.027
201606 0.489 101.688 0.622
201609 0.422 101.861 0.536
201612 0.231 101.863 0.293
201703 -0.057 102.862 -0.072
201706 0.040 103.349 0.050
201709 0.372 104.136 0.462
201712 0.115 104.011 0.143
201803 -0.114 105.290 -0.140
201806 0.368 106.317 0.448
201809 0.272 106.507 0.331
201812 0.273 105.998 0.333
201903 0.067 107.251 0.081
201906 0.514 108.070 0.616
201909 0.629 108.329 0.751
201912 0.666 108.420 0.795
202003 0.208 108.902 0.247
202006 1.368 108.767 1.628
202009 1.540 109.815 1.815
202012 0.685 109.897 0.807
202103 0.446 111.754 0.516
202106 0.626 114.631 0.707
202109 1.035 115.734 1.157
202112 -0.285 117.630 -0.314
202203 -0.220 121.301 -0.235
202206 -0.009 125.017 -0.009
202209 0.237 125.227 0.245
202212 0.285 125.222 0.295
202303 0.404 127.348 0.411
202306 0.429 128.729 0.431
202309 1.147 129.860 1.143
202312 0.166 129.419 0.166

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


Mohawk Industries  (BSP:M1HK34) 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.

Mohawk Industries's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=21.82/1.71
=12.76

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mohawk Industries was 59.98. The lowest was 8.29. And the median was 26.16.


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.


Mohawk Industries Cyclically Adjusted FCF per Share Related Terms

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


Mohawk Industries (BSP:M1HK34) Business Description

Traded in Other Exchanges
Address
160 South Industrial Boulevard, Calhoun, GA, USA, 30701
Mohawk Industries Inc manufactures a wide range of flooring products, including carpets, rugs, ceramic tile, laminate, wood, luxury vinyl tile, and vinyl flooring. Its operating segments include Global Ceramic, Flooring NA, and Flooring ROW. The company generates maximum revenue from the Global Ceramic segment. Geographically, it derives a majority of its revenue from the United States.

Mohawk Industries (BSP:M1HK34) Headlines

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