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Modine Manufacturing Co (Modine Manufacturing Co) Cyclically Adjusted FCF per Share : $0.55 (As of Dec. 2023)


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What is Modine Manufacturing 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.

Modine Manufacturing Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.876. 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 $0.55 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Modine Manufacturing Co's average Cyclically Adjusted FCF Growth Rate was 52.80% 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 Modine Manufacturing Co was 52.50% per year. The lowest was -50.50% per year. And the median was -1.20% per year.

As of today (2024-04-27), Modine Manufacturing Co's current stock price is $96.74. Modine Manufacturing Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.55. Modine Manufacturing Co's Cyclically Adjusted Price-to-FCF of today is 175.89.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Modine Manufacturing Co was 1448.00. The lowest was 21.14. And the median was 47.85.


Modine Manufacturing Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Modine Manufacturing 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.

Modine Manufacturing Co Cyclically Adjusted FCF per Share Chart

Modine Manufacturing Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.03 0.29 0.31 0.43

Modine Manufacturing Co 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 0.36 0.43 0.47 0.52 0.55

Competitive Comparison of Modine Manufacturing Co's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, Modine Manufacturing 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.


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

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

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



Modine Manufacturing 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, Modine Manufacturing Co'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)
=0.876/129.4194*129.4194
=0.876

Current CPI (Dec. 2023) = 129.4194.

Modine Manufacturing Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.027 99.695 -0.035
201406 -0.237 100.560 -0.305
201409 0.055 100.428 0.071
201412 0.029 99.070 0.038
201503 -0.087 99.621 -0.113
201506 -0.567 100.684 -0.729
201509 -0.030 100.392 -0.039
201512 0.287 99.792 0.372
201603 -0.368 100.470 -0.474
201606 -0.273 101.688 -0.347
201609 -0.117 101.861 -0.149
201612 0.153 101.863 0.194
201703 -0.234 102.862 -0.294
201706 -0.020 103.349 -0.025
201709 0.730 104.136 0.907
201712 0.300 104.011 0.373
201803 0.042 105.290 0.052
201806 -0.521 106.317 -0.634
201809 0.496 106.507 0.603
201812 0.193 105.998 0.236
201903 0.401 107.251 0.484
201906 -0.387 108.070 -0.463
201909 -0.081 108.329 -0.097
201912 0.227 108.420 0.271
202003 -0.022 108.902 -0.026
202006 0.063 108.767 0.075
202009 1.355 109.815 1.597
202012 0.977 109.897 1.151
202103 -0.110 111.754 -0.127
202106 -0.410 114.631 -0.463
202109 -0.340 115.734 -0.380
202112 0.307 117.630 0.338
202203 -0.105 121.301 -0.112
202206 0.078 125.017 0.081
202209 0.550 125.227 0.568
202212 -0.008 125.222 -0.008
202303 0.454 127.348 0.461
202306 0.502 128.729 0.505
202309 1.086 129.860 1.082
202312 0.876 129.419 0.876

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


Modine Manufacturing Co  (NYSE:MOD) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=96.74/0.55
=175.89

* 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 Modine Manufacturing Co was 1448.00. The lowest was 21.14. And the median was 47.85.


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.


Modine Manufacturing Co Cyclically Adjusted FCF per Share Related Terms

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


Modine Manufacturing Co (Modine Manufacturing Co) Business Description

Traded in Other Exchanges
Address
1500 DeKoven Avenue, Racine, WI, USA, 53403-2552
Modine Manufacturing Co provides thermal management solutions to diversified markets and customers. The company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer (OEM) vehicular applications primarily in the United States. It offers powertrain cooling products, such as engine cooling assemblies, radiators, condensers, and charge air coolers; auxiliary cooling products, including power steering and transmission oil coolers.
Executives
Michael B Lucareli officer: EVP, CFO 1500 DEKOVEN AVE,, RACINE WI 53403
Christopher William Patterson director 613 NW 11TH AVE, PORTLAND OR 97209
David J. Wilson director 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Suresh V Garimella director 585 PURDUE MALL, WEST LAFAYETTE IN 47907
William A Wulfsohn director ASHLAND INC., 50 EAST RIVERCENTER BLVD., COVINGTON KY 41011
Eric D Ashleman director 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Katherine Carolyn Harper director 263 TRESSER BOULEVARD, STAMFORD CT 06901
Marsha C Williams director EQUITY OFFICE PROPERTIES, CHICAGO IL 60606
Larry Oscar Moore director 2104 CALVERTON LN SW, ATLANTA GA 30331
Christine Y Yan director C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Adrian Ian Peace officer: President, Performance Technol 1500 DEKOVEN AVE., RACINE WI 53403
Eric S Mcginnis officer: President, Climate Solutions 200 STATE STREET, BELOIT WI 53511
Brian Jon Agen officer: VP, Human Resources 1500 DEKOVEN AVE., RACINE WI 53403
Sylvia Ann Stein officer: VP, GC, Corp. Sec. and CCO 1500 DEKOVEN AVE., RACINE WI 53403
Neil David Brinker director, officer: President and CEO 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525