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Crane Co (FRA:P8Q) Cyclically Adjusted FCF per Share : €4.17 (As of Mar. 2024)


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What is Crane 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.

Crane Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-1.409. 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 €4.17 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Crane Co's average Cyclically Adjusted FCF Growth Rate was -1.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.20% 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 Crane Co was 16.80% per year. The lowest was -3.00% per year. And the median was 6.20% per year.

As of today (2024-04-28), Crane Co's current stock price is €132.00. Crane Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.17. Crane Co's Cyclically Adjusted Price-to-FCF of today is 31.65.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Crane Co was 31.52. The lowest was 6.53. And the median was 14.40.


Crane Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Crane 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.

Crane Co Cyclically Adjusted FCF per Share Chart

Crane 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 3.49 3.31 4.48 4.28 4.16

Crane 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 4.12 4.17 4.44 4.16 4.17

Competitive Comparison of Crane Co's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Crane 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.


Crane Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Crane 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, Crane 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)
=-1.409/129.4194*129.4194
=-1.409

Current CPI (Mar. 2024) = 129.4194.

Crane Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.651 100.560 0.838
201409 0.733 100.428 0.945
201412 1.902 99.070 2.485
201503 -0.342 99.621 -0.444
201506 0.723 100.684 0.929
201509 0.933 100.392 1.203
201512 1.596 99.792 2.070
201603 -0.442 100.470 -0.569
201606 0.815 101.688 1.037
201609 1.571 101.861 1.996
201612 2.174 101.863 2.762
201703 -0.095 102.862 -0.120
201706 0.819 103.349 1.026
201709 1.254 104.136 1.558
201712 1.799 104.011 2.238
201803 0.621 105.290 0.763
201806 0.570 106.317 0.694
201809 0.833 106.507 1.012
201812 2.291 105.998 2.797
201903 -1.753 107.251 -2.115
201906 1.988 108.070 2.381
201909 1.549 108.329 1.851
201912 3.140 108.420 3.748
202003 -0.657 108.902 -0.781
202006 1.618 108.767 1.925
202009 1.811 109.815 2.134
202012 1.227 109.897 1.445
202103 0.649 111.754 0.752
202106 2.052 114.631 2.317
202109 1.546 115.734 1.729
202112 2.435 117.630 2.679
202203 -1.074 121.301 -1.146
202206 1.663 125.017 1.722
202209 -7.814 125.227 -8.076
202212 3.547 125.222 3.666
202303 -1.364 127.348 -1.386
202306 0.716 128.729 0.720
202309 1.271 129.860 1.267
202312 2.327 129.419 2.327
202403 -1.409 129.419 -1.409

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


Crane Co  (FRA:P8Q) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=132.00/4.17
=31.65

* 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 Crane Co was 31.52. The lowest was 6.53. And the median was 14.40.


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.


Crane Co Cyclically Adjusted FCF per Share Related Terms

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


Crane Co (FRA:P8Q) Business Description

Industry
Traded in Other Exchanges
Address
100 First Stamford Place, Stamford, CT, USA, 06902
Crane is a diversified industrial firm that manufactures a broad range of products, including valves, pumps, aerospace components, and fiberglass-reinforced plastic panels. Its business is organized into three segments: aerospace and electronics, process flow technologies, and engineered materials. Crane generated approximately $2 billion in revenue in 2022.

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