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Ford Motor Co (Ford Motor Co) Cyclically Adjusted FCF per Share : $3.24 (As of Mar. 2024)


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What is Ford Motor Co 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.

Ford Motor Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.176. 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 $3.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ford Motor Co's average Cyclically Adjusted FCF Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 3.80% 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 Ford Motor Co was 91.10% per year. The lowest was -22.00% per year. And the median was -0.90% per year.

As of today (2024-04-27), Ford Motor Co's current stock price is $12.79. Ford Motor Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.24. Ford Motor Co's Cyclically Adjusted Price-to-FCF of today is 3.95.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ford Motor Co was 8.55. The lowest was 1.75. And the median was 4.92.


Ford Motor Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ford Motor Co'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.

Ford Motor Co Cyclically Adjusted FCF per Share Chart

Ford Motor Co 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 2.48 2.77 3.05 3.13 3.28

Ford Motor Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.25 3.22 3.23 3.28 3.24

Competitive Comparison of Ford Motor Co's Cyclically Adjusted FCF per Share

For the Auto Manufacturers subindustry, Ford Motor Co'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.


Ford Motor Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

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



Ford Motor Co 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, Ford Motor Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.176/129.4194*129.4194
=-0.176

Current CPI (Mar. 2024) = 129.4194.

Ford Motor Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.694 100.560 0.893
201409 0.870 100.428 1.121
201412 0.004 99.070 0.005
201503 0.153 99.621 0.199
201506 1.021 100.684 1.312
201509 2.181 100.392 2.812
201512 0.077 99.792 0.100
201603 0.660 100.470 0.850
201606 2.159 101.688 2.748
201609 3.021 101.861 3.838
201612 0.179 101.863 0.227
201703 0.658 102.862 0.828
201706 1.015 103.349 1.271
201709 0.832 104.136 1.034
201712 0.258 104.011 0.321
201803 0.434 105.290 0.533
201806 0.766 106.317 0.932
201809 0.800 106.507 0.972
201812 -0.190 105.998 -0.232
201903 0.478 107.251 0.577
201906 1.132 108.070 1.356
201909 0.730 108.329 0.872
201912 0.157 108.420 0.187
202003 -0.569 108.902 -0.676
202006 1.989 108.767 2.367
202009 2.455 109.815 2.893
202012 0.756 109.897 0.890
202103 0.778 111.754 0.901
202106 -0.188 114.631 -0.212
202109 1.346 115.734 1.505
202112 0.434 117.630 0.477
202203 -0.612 121.301 -0.653
202206 0.308 125.017 0.319
202209 0.517 125.227 0.534
202212 -0.213 125.222 -0.220
202303 0.253 127.348 0.257
202306 0.764 128.729 0.768
202309 0.587 129.860 0.585
202312 0.049 129.419 0.049
202403 -0.176 129.419 -0.176

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


Ford Motor Co  (NYSE:F) 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.

Ford Motor Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12.79/3.24
=3.95

* 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 Ford Motor Co was 8.55. The lowest was 1.75. And the median was 4.92.


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.


Ford Motor Co Cyclically Adjusted FCF per Share Related Terms

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


Ford Motor Co (Ford Motor Co) Business Description

Industry
Address
One American Road, Dearborn, MI, USA, 48126
Ford Motor Co. manufactures automobiles under its Ford and Lincoln brands. In March 2022, the company announced that it will run its combustion engine business, Ford Blue, and its BEV business, Ford Model e, as separate businesses but still all under Ford Motor. The company has about 13% market share in the United States, about 6.5% share in Europe, and about 2.1% share in China including unconsolidated affiliates. We expect market share to increase as inventory improves coming out of the chip shortage. Sales in the U.S. made up about 67% of 2022 total company revenue. Ford has about 173,000 employees, including about 57,000 UAW employees, and is based in Dearborn, Michigan.
Executives
John Douglas Field officer: Chief AT&ES Officer ONE AMERICAN ROAD, DEARBORN MI 48126
Andrew Frick officer: President, Ford Blue ONE AMERICAN ROAD, DEARBORN MI 48126
Peter C Stern officer: President, Integrated Services C/O FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
John T. Lawler officer: Vice President and Controller ONE AMERICAN ROAD, DEARBORN MI 48126
Farley Jr James D officer: Group Vice President FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Ashwani Kumar Galhotra officer: Group Vice President ONE AMERICAN ROAD, DEARBORN MI 48138
Theodore J. Cannis officer: CEO of Ford Pro ONE AMERICAN ROAD, DEARBORN MI 48126
Shengpo Wu officer: President and CEO, Ford China ONE AMERICAN ROAD, DEARBORN MI 48126
Stuart J. Rowley officer: Vice President and Controller ONE AMERICAN ROAD, DEARBORN MI 48126
Jennifer Waldo officer: Chief People & E. Exp. Officer ONE AMERICAN ROAD, DEARBORN MI 48126
Marin Gjaja officer: Chief Cust. Off., Ford Model e ONE AMERICAN ROAD, DEARBORN MI 48126
Ford William Clay Jr director, officer: Chairman and CEO FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Alexandra Ford English director ONE AMERICAN ROAD, DEARBORN MI 48126
May John C Ii director DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Catherine A. O'callaghan officer: Vice President and Controller ONE AMERICAN ROAD, DEARBORN MI 48126