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General Motors Co (WBO:GMOT) Cyclically Adjusted FCF per Share : €-5.64 (As of Mar. 2024)


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What is General Motors 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.

General Motors Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-2.428. 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 €-5.64 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -17.70% per year. During the past 5 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 General Motors Co was 9.50% per year. The lowest was -25.00% per year. And the median was -17.70% per year.

As of today (2024-05-15), General Motors Co's current stock price is €41.555. General Motors Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-5.64. General Motors Co's Cyclically Adjusted Price-to-FCF of today is .


General Motors Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for General Motors 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.

General Motors Co Cyclically Adjusted FCF per Share Chart

General Motors 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 -2.38 -2.93 -3.84 -4.86 -5.35

General Motors 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 -4.89 -5.01 -5.33 -5.35 -5.64

Competitive Comparison of General Motors Co's Cyclically Adjusted FCF per Share

For the Auto Manufacturers subindustry, General Motors 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.


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

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

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



General Motors 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, General Motors 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)
=-2.428/129.4194*129.4194
=-2.428

Current CPI (Mar. 2024) = 129.4194.

General Motors Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.428 100.560 0.551
201409 -0.892 100.428 -1.150
201412 -0.214 99.070 -0.280
201503 -1.952 99.621 -2.536
201506 -0.145 100.684 -0.186
201509 -1.685 100.392 -2.172
201512 -1.870 99.792 -2.425
201603 -4.265 100.470 -5.494
201606 -0.368 101.688 -0.468
201609 -0.178 101.861 -0.226
201612 -1.717 101.863 -2.181
201703 -2.695 102.862 -3.391
201706 -1.227 103.349 -1.537
201709 -2.400 104.136 -2.983
201712 0.244 104.011 0.304
201803 -3.584 105.290 -4.405
201806 -0.957 106.317 -1.165
201809 -1.477 106.507 -1.795
201812 0.090 105.998 0.110
201903 -3.600 107.251 -4.344
201906 -0.510 108.070 -0.611
201909 0.553 108.329 0.661
201912 -1.991 108.420 -2.377
202003 -2.134 108.902 -2.536
202006 -3.874 108.767 -4.610
202009 3.437 109.815 4.051
202012 -0.025 109.897 -0.029
202103 -3.285 111.754 -3.804
202106 -0.417 114.631 -0.471
202109 -3.573 115.734 -3.995
202112 3.433 117.630 3.777
202203 -1.573 121.301 -1.678
202206 -1.457 125.017 -1.508
202209 0.158 125.227 0.163
202212 -0.377 125.222 -0.390
202303 -1.665 127.348 -1.692
202306 1.102 128.729 1.108
202309 0.409 129.860 0.408
202312 -2.417 129.419 -2.417
202403 -2.428 129.419 -2.428

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


General Motors Co  (WBO:GMOT) 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.


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.


General Motors Co Cyclically Adjusted FCF per Share Related Terms

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


General Motors Co (WBO:GMOT) Business Description

Address
300 Renaissance Center, Detroit, MI, USA, 48265-3000
General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under four segments: GM North America, GM International, Cruise, and GM Financial. The United States now has four brands instead of eight under old GM. The company regained its U.S. market share leader crown in 2022, after losing it to Toyota due to the chip shortage in 2021, with share up 170 basis points to 16.4%, a full percentage point ahead of Toyota. GM's Cruise autonomous vehicle arm has previously done driverless geofenced AV robotaxi services in San Francisco and other cities but stopped in late 2023 after an accident. GM owns over 80% of Cruise. GM Financial became the company's captive finance arm in October 2010 via the purchase of AmeriCredit.

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