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Albany International (Albany International) Cyclically Adjusted Price-to-FCF : 43.24 (As of May. 15, 2024)


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What is Albany International Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Albany International's current share price is $90.80. Albany International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.10. Albany International's Cyclically Adjusted Price-to-FCF for today is 43.24.

The historical rank and industry rank for Albany International's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

AIN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 29.57   Med: 81.44   Max: 1310
Current: 43.19

During the past years, Albany International's highest Cyclically Adjusted Price-to-FCF was 1310.00. The lowest was 29.57. And the median was 81.44.

AIN's Cyclically Adjusted Price-to-FCF is ranked worse than
75.07% of 365 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.23 vs AIN: 43.19

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.

Albany International's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.552. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $2.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Albany International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Albany International's Cyclically Adjusted Price-to-FCF 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.

Albany International Cyclically Adjusted Price-to-FCF Chart

Albany International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.62 55.04 53.88 52.92 46.05

Albany International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 48.90 50.89 44.36 46.05 44.48

Competitive Comparison of Albany International's Cyclically Adjusted Price-to-FCF

For the Textile Manufacturing subindustry, Albany International'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.


Albany International's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Albany International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Albany International Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Albany International's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=90.80/2.1
=43.24

* 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.

Albany International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Albany International'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)
=-0.552/129.4194*129.4194
=-0.552

Current CPI (Mar. 2024) = 129.4194.

Albany International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.622 100.560 0.801
201409 0.112 100.428 0.144
201412 0.247 99.070 0.323
201503 -0.183 99.621 -0.238
201506 -0.244 100.684 -0.314
201509 1.018 100.392 1.312
201512 0.882 99.792 1.144
201603 -0.084 100.470 -0.108
201606 -0.064 101.688 -0.081
201609 0.208 101.861 0.264
201612 0.171 101.863 0.217
201703 -0.922 102.862 -1.160
201706 -0.414 103.349 -0.518
201709 0.075 104.136 0.093
201712 0.529 104.011 0.658
201803 -1.078 105.290 -1.325
201806 0.381 106.317 0.464
201809 0.719 106.507 0.874
201812 1.508 105.998 1.841
201903 0.116 107.251 0.140
201906 1.359 108.070 1.627
201909 0.922 108.329 1.101
201912 1.701 108.420 2.030
202003 -0.602 108.902 -0.715
202006 1.282 108.767 1.525
202009 0.934 109.815 1.101
202012 1.408 109.897 1.658
202103 0.653 111.754 0.756
202106 1.584 114.631 1.788
202109 1.352 115.734 1.512
202112 1.456 117.630 1.602
202203 -0.662 121.301 -0.706
202206 0.728 125.017 0.754
202209 0.410 125.227 0.424
202212 0.556 125.222 0.575
202303 -1.046 127.348 -1.063
202306 0.396 128.729 0.398
202309 1.438 129.860 1.433
202312 1.243 129.419 1.243
202403 -0.552 129.419 -0.552

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


Albany International  (NYSE:AIN) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Albany International Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Albany International's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Albany International (Albany International) Business Description

Traded in Other Exchanges
Address
216 Airport Drive, Rochester, NH, USA, 03867
Albany International Corp is principally engaged in processing textiles and materials. The company consists of two business segments, the machine clothing segment, which produces and provides custom-designed fabrics and belts for the production in the paper, nonwovens, and other process industries; and the Albany engineered composites segment, which offers engineered composite parts for the aerospace and defensive industries. The machine clothing segment contributes to the majority of the company's total revenue. The company has a global operation and generates revenue from the United States, Switzerland, Brazil, China, Mexico, France, and other areas.
Executives
Gunnar Kleveland director, officer: President and CEO C/O ALBANY INTERNATIONAL CORP., 216 AIRPORT DRIVE, ROCHESTER NH 03867
Robert Alan Hansen officer: Senior Vice President & CTO C/O ALBANY INTERNATIONAL CORP, PO BOX 1907, ALBANY NY 12201-1907
John J Tedone officer: VP - Controller & CAO 501 DUNN ROAD, COVENTRY CT 06238
Robert D. Starr officer: CFO & Treasurer 10 STOCKBRIDGE DRIVE, AVON CT 06001
Elisabeth Indriani officer: CAO & Corporate Controller C/O ALBANY INTERNATIONAL CORP., 216 AIRPORT DRIVE, ROCHESTER NH 03867
John Michael Mcquade director C/O ALBANY INTERNATIONAL CORP, 216 AIRPORT DRIVE, ROCHESTER NH 03867
Katharine Plourde director 120 EAST END AVE, NEW YORK NY 10028
Erland E Kailbourne director C/O RAND CAPITAL CORP, 2200 RAND BUILDING, BUFFFALO NY 14203
Russell Toney director 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Christina M Alvord director 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Daniel A Halftermeyer officer: President, MC C/O ALBANY INTERNATIONAL CORP., P.O. BOX 1907, ALBANY NY 12201-1907
Christine L Standish director C/O ALBANY INTERNATIONAL CORP, PO BOX 1907, ALBANY NY 12201-1907
David M Pawlick officer: Vice President-Controller C/O ALBANY INTERNATIONAL CORP., P.O. BOX 1907, ALBANY NY 12201-1907
Alice Mccarvill officer: Exec VP Human Resources C/O ALBANY INTERNATIONAL CORP., 216 AIRPORT DRIVE, ROCHESTER NH 03867
Gregory N Harwell officer: President- AEC C/O ALBANY INTERNATIONAL CORP., 216 AIRPORT DRIVE, ROCHESTER NH 03867

Albany International (Albany International) Headlines