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Stanley Black & Decker (FRA:SWF) Cyclically Adjusted FCF per Share : €3.89 (As of Dec. 2023)


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What is Stanley Black & Decker 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.

Stanley Black & Decker's adjusted free cash flow per share for the three months ended in Dec. 2023 was €3.957. 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 €3.89 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Stanley Black & Decker's average Cyclically Adjusted FCF Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -7.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -3.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -0.90% 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 Stanley Black & Decker was 24.90% per year. The lowest was -7.70% per year. And the median was 4.05% per year.

As of today (2024-04-27), Stanley Black & Decker's current stock price is €82.78. Stanley Black & Decker's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €3.89. Stanley Black & Decker's Cyclically Adjusted Price-to-FCF of today is 21.28.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Stanley Black & Decker was 41.22. The lowest was 15.83. And the median was 23.97.


Stanley Black & Decker Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Stanley Black & Decker'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.

Stanley Black & Decker Cyclically Adjusted FCF per Share Chart

Stanley Black & Decker 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 4.20 4.33 4.71 3.78 3.89

Stanley Black & Decker 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 3.78 3.66 3.79 4.15 3.89

Competitive Comparison of Stanley Black & Decker's Cyclically Adjusted FCF per Share

For the Tools & Accessories subindustry, Stanley Black & Decker'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.


Stanley Black & Decker's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

* The bar in red indicates where Stanley Black & Decker's Cyclically Adjusted Price-to-FCF falls into.



Stanley Black & Decker 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, Stanley Black & Decker'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)
=3.957/129.4194*129.4194
=3.957

Current CPI (Dec. 2023) = 129.4194.

Stanley Black & Decker Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.954 99.695 -1.238
201406 1.732 100.560 2.229
201409 0.913 100.428 1.177
201412 3.301 99.070 4.312
201503 -1.437 99.621 -1.867
201506 1.441 100.684 1.852
201509 1.008 100.392 1.299
201512 4.248 99.792 5.509
201603 -0.961 100.470 -1.238
201606 2.524 101.688 3.212
201609 1.015 101.861 1.290
201612 2.598 101.863 3.301
201703 -2.337 102.862 -2.940
201706 0.173 103.349 0.217
201709 0.135 104.136 0.168
201712 3.032 104.011 3.773
201803 -2.401 105.290 -2.951
201806 0.484 106.317 0.589
201809 0.467 106.507 0.567
201812 5.446 105.998 6.649
201903 -3.075 107.251 -3.711
201906 2.377 108.070 2.847
201909 0.579 108.329 0.692
201912 5.680 108.420 6.780
202003 -2.908 108.902 -3.456
202006 1.519 108.767 1.807
202009 3.210 109.815 3.783
202012 6.455 109.897 7.602
202103 -1.258 111.754 -1.457
202106 1.705 114.631 1.925
202109 -0.640 115.734 -0.716
202112 0.938 117.630 1.032
202203 -7.580 121.301 -8.087
202206 -3.603 125.017 -3.730
202209 -3.551 125.227 -3.670
202212 3.227 125.222 3.335
202303 -2.214 127.348 -2.250
202306 1.205 128.729 1.211
202309 2.266 129.860 2.258
202312 3.957 129.419 3.957

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


Stanley Black & Decker  (FRA:SWF) 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.

Stanley Black & Decker's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=82.78/3.89
=21.28

* 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 Stanley Black & Decker was 41.22. The lowest was 15.83. And the median was 23.97.


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.


Stanley Black & Decker Cyclically Adjusted FCF per Share Related Terms

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


Stanley Black & Decker (FRA:SWF) Business Description

Traded in Other Exchanges
Address
1000 Stanley Drive, New Britain, CT, USA, 06053
Stanley Black & Decker Inc is a manufacturer of hand and power tools. The company operates in two reportable segments namely Tools and Outdoor and Industrial. It generates maximum revenue from the Tools and Outdoor segment. The Tools and Outdoor segment is comprised of the Power Tools Group (PTG), Hand Tools, Accessories and Storage (HTAS), and Outdoor Power Equipment (Outdoor) businesses. Geographically, it derives a majority of its revenue from the United States.

Stanley Black & Decker (FRA:SWF) Headlines

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