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Dorman Products (Dorman Products) Cyclically Adjusted FCF per Share : $2.75 (As of Dec. 2023)


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What is Dorman Products 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.

Dorman Products's adjusted free cash flow per share for the three months ended in Dec. 2023 was $1.543. 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 $2.75 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Dorman Products's average Cyclically Adjusted FCF Growth Rate was 20.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 20.00% 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 Dorman Products was 76.50% per year. The lowest was 2.90% per year. And the median was 22.40% per year.

As of today (2024-04-28), Dorman Products's current stock price is $89.23. Dorman Products's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.75. Dorman Products's Cyclically Adjusted Price-to-FCF of today is 32.45.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Dorman Products was 143.05. The lowest was 25.24. And the median was 58.82.


Dorman Products Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Dorman Products'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.

Dorman Products Cyclically Adjusted FCF per Share Chart

Dorman Products 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 1.53 1.91 2.24 2.28 2.75

Dorman Products 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 2.28 2.35 2.52 2.65 2.75

Competitive Comparison of Dorman Products's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, Dorman Products'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.


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

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

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



Dorman Products 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, Dorman Products'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)
=1.543/129.4194*129.4194
=1.543

Current CPI (Dec. 2023) = 129.4194.

Dorman Products Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.113 99.695 0.147
201406 -0.023 100.560 -0.030
201409 0.586 100.428 0.755
201412 0.150 99.070 0.196
201503 0.507 99.621 0.659
201506 0.162 100.684 0.208
201509 0.481 100.392 0.620
201512 0.833 99.792 1.080
201603 0.527 100.470 0.679
201606 0.234 101.688 0.298
201609 0.409 101.861 0.520
201612 1.763 101.863 2.240
201703 0.943 102.862 1.186
201706 -0.074 103.349 -0.093
201709 0.352 104.136 0.437
201712 0.829 104.011 1.032
201803 0.408 105.290 0.502
201806 0.623 106.317 0.758
201809 0.391 106.507 0.475
201812 0.148 105.998 0.181
201903 0.231 107.251 0.279
201906 0.356 108.070 0.426
201909 0.484 108.329 0.578
201912 0.945 108.420 1.128
202003 0.465 108.902 0.553
202006 6.097 108.767 7.255
202009 -2.428 109.815 -2.861
202012 0.088 109.897 0.104
202103 0.460 111.754 0.533
202106 0.440 114.631 0.497
202109 1.049 115.734 1.173
202112 0.573 117.630 0.630
202203 0.505 121.301 0.539
202206 0.169 125.017 0.175
202209 -0.498 125.227 -0.515
202212 -0.056 125.222 -0.058
202303 0.497 127.348 0.505
202306 1.711 128.729 1.720
202309 1.475 129.860 1.470
202312 1.543 129.419 1.543

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


Dorman Products  (NAS:DORM) 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.

Dorman Products's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=89.23/2.75
=32.45

* 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 Dorman Products was 143.05. The lowest was 25.24. And the median was 58.82.


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.


Dorman Products Cyclically Adjusted FCF per Share Related Terms

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


Dorman Products (Dorman Products) Business Description

Traded in Other Exchanges
N/A
Address
3400 East Walnut Street, Colmar, PA, USA, 18915
Dorman Products Inc is a supplier of original equipment parts for automobiles. The company produces automotive and heavy-duty replacement parts, automotive hardware, brake parts, and fasteners for the automotive and heavy-duty aftermarket. The products are sold under the Dorman brand and its sub-brands OE Solutions, Help!, Conduct-Tite, and HD Solutions through aftermarket retailers, regional and local warehouse distributors, specialty markets, and salvage yards. It operates as a single reportable operating segment, namely, the sale of replacement and upgrades parts in the motor vehicle aftermarket industry, serving passenger cars, light-, medium-, and heavy-duty trucks as well as specialty vehicles. The company operates primarily in the United States.
Executives
G. Michael Stakias director C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915
Lindsay Hunt officer: Pres and CEO, Specialty Vehicl 3400 EAST WALNUT STREET, COLMAR PA 18915
Brian Borradaile officer: SVP, Strategy & Corp Dev 3400 EAST WALNUT STREET, COLMAR PA 18915
Eric Luftig officer: Senior Vice President, Product 3400 EAST WALNUT STREET, COLMAR PA 18915
Jeffery Darby officer: SVP, Sales C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915
Steven L Berman director, 10 percent owner, officer: President, COO
James Darrell Thomas director 3700 JUNEAU AVENUE, MILWAUKEE WI 53208
John J Gavin director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Donna M. Long officer: SVP, CIO 3400 EAST WALNUT STREET, COLMAR PA 18915
John Mcknight officer: SVP, Operations 3400 EAST WALNUT STREET, COLMAR PA 19103
Paul E Anderson officer: President, Heavy Duty 3400 EAST WALNUT STREET, COLMAR PA 18915
Scott Leff officer: SVP, CHRO 3400 EAST WALNUT STREET, COLMAR PA 18915
Michael Kealey officer: SVP, Product C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915
Lisa M Bachmann director 300 PHILLIPI ROAD, COLUMBUS OH 43228
Joseph P. Braun officer: SVP and General Counsel C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915

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