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Rockwell Automation (BSP:R1OK34) Cyclically Adjusted FCF per Share : R$9.95 (As of Dec. 2023)


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What is Rockwell Automation 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.

Rockwell Automation's adjusted free cash flow per share for the three months ended in Dec. 2023 was R$-0.375. 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$9.95 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Rockwell Automation's average Cyclically Adjusted FCF Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 11.20% 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 Rockwell Automation was 20.00% per year. The lowest was -11.70% per year. And the median was 9.50% per year.

As of today (2024-04-28), Rockwell Automation's current stock price is R$361.20. Rockwell Automation's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$9.95. Rockwell Automation's Cyclically Adjusted Price-to-FCF of today is 36.30.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Rockwell Automation was 42.55. The lowest was 18.81. And the median was 30.39.


Rockwell Automation Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Rockwell Automation'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.

Rockwell Automation Cyclically Adjusted FCF per Share Chart

Rockwell Automation Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 10.44 11.32 13.62 12.62

Rockwell Automation 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 10.58 12.14 9.53 12.62 9.95

Competitive Comparison of Rockwell Automation's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Rockwell Automation'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.


Rockwell Automation's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Rockwell Automation 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, Rockwell Automation'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)
=-0.375/129.4194*129.4194
=-0.375

Current CPI (Dec. 2023) = 129.4194.

Rockwell Automation Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.747 99.695 0.970
201406 1.053 100.560 1.355
201409 1.185 100.428 1.527
201412 1.101 99.070 1.438
201503 1.543 99.621 2.005
201506 1.499 100.684 1.927
201509 2.237 100.392 2.884
201512 1.058 99.792 1.372
201603 1.423 100.470 1.833
201606 1.631 101.688 2.076
201609 1.472 101.861 1.870
201612 1.755 101.863 2.230
201703 1.638 102.862 2.061
201706 1.809 103.349 2.265
201709 0.379 104.136 0.471
201712 1.148 104.011 1.428
201803 2.292 105.290 2.817
201806 2.403 106.317 2.925
201809 2.632 106.507 3.198
201812 1.358 105.998 1.658
201903 0.839 107.251 1.012
201906 2.628 108.070 3.147
201909 3.962 108.329 4.733
201912 1.708 108.420 2.039
202003 2.072 108.902 2.462
202006 3.465 108.767 4.123
202009 3.508 109.815 4.134
202012 3.508 109.897 4.131
202103 2.694 111.754 3.120
202106 4.695 114.631 5.301
202109 1.808 115.734 2.022
202112 -0.592 117.630 -0.651
202203 0.488 121.301 0.521
202206 3.538 125.017 3.663
202209 4.049 125.227 4.185
202212 0.478 125.222 0.494
202303 1.753 127.348 1.782
202306 2.520 128.729 2.534
202309 8.291 129.860 8.263
202312 -0.375 129.419 -0.375

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


Rockwell Automation  (BSP:R1OK34) 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.

Rockwell Automation's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=361.20/9.95
=36.30

* 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 Rockwell Automation was 42.55. The lowest was 18.81. And the median was 30.39.


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.


Rockwell Automation Cyclically Adjusted FCF per Share Related Terms

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


Rockwell Automation (BSP:R1OK34) Business Description

Traded in Other Exchanges
Address
1201 South Second Street, Milwaukee, WI, USA, 53204
Rockwell Automation is a pure-play automation competitor that is the successor entity to Rockwell International, which spun off its former Rockwell Collins avionics segment in 2001. As of fiscal 2021, the firm operates through three segments--intelligent devices, software and control, and lifecycle services. Intelligent devices contains its drives, sensors, and industrial components, software and control contains its information and network and security software, while lifecycle services contains its consulting and maintenance services as well as its Sensia JV with SLB.

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