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Snap-on (BUE:SNA) Cyclically Adjusted Price-to-FCF : 19.48 (As of Apr. 27, 2024)


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What is Snap-on Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Snap-on's current share price is ARS49152.50. Snap-on's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ARS2,522.88. Snap-on's Cyclically Adjusted Price-to-FCF for today is 19.48.

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

BUE:SNA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.23   Med: 26.98   Max: 43.89
Current: 19.4

During the past years, Snap-on's highest Cyclically Adjusted Price-to-FCF was 43.89. The lowest was 13.23. And the median was 26.98.

BUE:SNA's Cyclically Adjusted Price-to-FCF is ranked better than
71.75% of 1016 companies
in the Industrial Products industry
Industry Median: 32.505 vs BUE:SNA: 19.40

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.

Snap-on's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ARS10,262.828. 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 ARS2,522.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Snap-on Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Snap-on'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.

Snap-on Cyclically Adjusted Price-to-FCF Chart

Snap-on 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 24.77 20.18 20.30 19.29 21.39

Snap-on 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 19.86 22.50 19.24 21.39 21.22

Competitive Comparison of Snap-on's Cyclically Adjusted Price-to-FCF

For the Tools & Accessories subindustry, Snap-on'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.


Snap-on's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Snap-on 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.

Snap-on's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=49152.50/2522.88
=19.48

* 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.

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

For example, Snap-on'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)
=10262.828/129.4194*129.4194
=10,262.828

Current CPI (Mar. 2024) = 129.4194.

Snap-on Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 28.011 100.560 36.050
201409 18.750 100.428 24.163
201412 24.501 99.070 32.007
201503 17.908 99.621 23.265
201506 40.774 100.684 52.411
201509 30.291 100.392 39.050
201512 60.882 99.792 78.957
201603 59.938 100.470 77.208
201606 66.604 101.688 84.768
201609 47.995 101.861 60.980
201612 76.220 101.863 96.840
201703 90.370 102.862 113.702
201706 62.207 103.349 77.899
201709 43.643 104.136 54.239
201712 111.724 104.011 139.016
201803 149.130 105.290 183.307
201806 144.765 106.317 176.222
201809 128.239 106.507 155.827
201812 257.089 105.998 313.896
201903 251.481 107.251 303.463
201906 187.492 108.070 224.532
201909 203.985 108.329 243.698
201912 376.501 108.420 449.423
202003 442.836 108.902 526.270
202006 604.147 108.767 718.859
202009 579.560 109.815 683.025
202012 869.347 109.897 1,023.782
202103 980.907 111.754 1,135.959
202106 753.277 114.631 850.453
202109 606.272 115.734 677.961
202112 762.133 117.630 838.521
202203 686.792 121.301 732.757
202206 530.235 125.017 548.908
202209 564.533 125.227 583.435
202212 1,162.415 125.222 1,201.381
202303 2,036.010 127.348 2,069.130
202306 2,173.092 128.729 2,184.752
202309 3,380.037 129.860 3,368.582
202312 3,715.067 129.419 3,715.067
202403 10,262.828 129.419 10,262.828

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.


Snap-on  (BUE:SNA) 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.


Snap-on Cyclically Adjusted Price-to-FCF Related Terms

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


Snap-on (BUE:SNA) Business Description

Industry
Traded in Other Exchanges
Address
2801 80th Street, Kenosha, WI, USA, 53143
Snap-on manufactures premium tools and software for repair professionals. Hand tools are sold through franchisee-operated mobile vans that serve auto technicians who purchase tools at their own expense. A unique element of its business model is that franchisees bear significant risk, as they must invest in the mobile van, inventory, and software. At the same time, franchisees extend personal credit directly to technicians on an individual tool basis. Snap-on currently operates three segments: repair systems and information, commercial and industrial, and tools. Its finance arm provides financing to franchisees to run their operations, which includes offering loans and leases for mobile vans.

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