GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Art's-Way Manufacturing Co Inc (NAS:ARTW) » Definitions » Cyclically Adjusted Price-to-FCF

Art's-Way Manufacturing Co (Art's-Way Manufacturing Co) Cyclically Adjusted Price-to-FCF : (As of May. 03, 2024)


View and export this data going back to 1984. Start your Free Trial

What is Art's-Way Manufacturing Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Art's-Way Manufacturing Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Art's-Way Manufacturing Co'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.

Art's-Way Manufacturing Co Cyclically Adjusted Price-to-FCF Chart

Art's-Way Manufacturing Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.86 14.47 35.43 - -

Art's-Way Manufacturing Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - - - -

Competitive Comparison of Art's-Way Manufacturing Co's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, Art's-Way 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.


Art's-Way Manufacturing Co's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Art's-Way Manufacturing Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Art's-Way Manufacturing Co 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.

Art's-Way Manufacturing Co's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Art's-Way Manufacturing Co's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.076/129.4194*129.4194
=-0.076

Current CPI (Feb. 2024) = 129.4194.

Art's-Way Manufacturing Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -0.196 100.373 -0.253
201408 -0.117 100.352 -0.151
201411 0.702 99.635 0.912
201502 -0.002 99.032 -0.003
201505 0.043 100.333 0.055
201508 -0.085 100.548 -0.109
201511 0.055 100.135 0.071
201602 0.146 100.040 0.189
201605 0.375 101.355 0.479
201608 -0.214 101.617 -0.273
201611 0.209 101.829 0.266
201702 0.026 102.779 0.033
201705 -0.246 103.256 -0.308
201708 0.095 103.587 0.119
201711 0.182 104.072 0.226
201802 0.103 105.052 0.127
201805 -0.242 106.148 -0.295
201808 -0.128 106.383 -0.156
201811 -0.101 106.338 -0.123
201902 -0.180 106.649 -0.218
201905 0.015 108.048 0.018
201908 0.165 108.245 0.197
201911 0.083 108.519 0.099
202002 -0.284 109.139 -0.337
202005 -0.114 108.175 -0.136
202008 0.171 109.662 0.202
202011 -0.130 109.793 -0.153
202102 0.116 110.968 0.135
202105 -0.481 113.576 -0.548
202108 -0.017 115.421 -0.019
202111 0.028 117.269 0.031
202202 0.218 119.703 0.236
202205 -0.386 123.323 -0.405
202208 -0.029 124.958 -0.030
202211 0.042 125.607 0.043
202302 0.195 126.928 0.199
202305 -0.446 128.314 -0.450
202308 0.035 129.538 0.035
202311 0.038 129.548 0.038
202402 -0.076 129.419 -0.076

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.


Art's-Way Manufacturing Co  (NAS:ARTW) 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.


Art's-Way Manufacturing Co Cyclically Adjusted Price-to-FCF Related Terms

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


Art's-Way Manufacturing Co (Art's-Way Manufacturing Co) Business Description

Traded in Other Exchanges
Address
5556 Highway 9, P.O. Box 288, Armstrong, IA, USA, 50514
Art's-Way Manufacturing Co Inc is a manufacturer of agricultural equipment. It has three reportable segments: Agricultural Products, Modular Buildings, and Tools. The Agricultural Products segment fabricates and sells farming products as well as related equipment and replacement parts for these products in the United States and worldwide. Its Modular Buildings segment manufactures and installs modular buildings for animal containment and various laboratory uses. The Tools segment manufactures steel cutting tools and inserts. It derives revenues from the Agricultural Products segment.
Executives
Randall C. Ramsey director 5556 HIGHWAY 9, ARMSTRONG IA 50514
Matthew Westendorf director C/O ART'S-WAY MANUFACTURING CO. INC., 5556 HIGHWAY 9, ARMSTRONG IA 50514
David Alan King officer: Executive Vice President C/O ART'S-WAY MANUFACTURING CO. INC., 5556 HIGHWAY 9, ARMSTRONG IA 50514
Mcconnell J Ward Jr director, 10 percent owner
Michael William Woods officer: Controller C/O ART'S WAY MANUFACTURING CO., INC., 5556 HIGHWAY 9, ARMSTRONG IA 50514
Marc H Mcconnell director 1118 N QUEEN ST, KINSTON NC 28501
David Allan White director C/O 5556 HIGHWAY 8, ARMSTRONG IA 50514
Carrie L. Gunnerson officer: President and CEO 5556 HIGHWAY 9, ARMSTRONG IA 50514
Joseph R Dancy director 1007 BEAVER CREEK, DUNCANVILLE TX 75137
Michael Furness officer: Director of Finance 5556 HIGHWAY 9, ARMSTRONG IA 50514
David R Castle director P.O. BOX 1738, LAKEFIELD A6 K0L 2H0
Dean James Droegemueller officer: Director of Finance 5825 VINCENT AVENUE SOUTH, MINNEAPOLIS MN 55410
Fred William Krahmer director 204 LAKE AVENUE, SUITE 201, FAIRMONT MN 56031
Thomas E Buffamante director 6863 WOODLAND DRIVE NORTH, GREAT VALLEY NY 14741
Douglas Richard Mcclellan director

Art's-Way Manufacturing Co (Art's-Way Manufacturing Co) Headlines

From GuruFocus