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Columbus McKinnon (Columbus McKinnon) Cyclically Adjusted Price-to-FCF : 16.07 (As of Apr. 27, 2024)


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What is Columbus McKinnon Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Columbus McKinnon's current share price is $41.93. Columbus McKinnon's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.61. Columbus McKinnon's Cyclically Adjusted Price-to-FCF for today is 16.07.

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

CMCO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.22   Med: 18.1   Max: 32.3
Current: 15.82

During the past years, Columbus McKinnon's highest Cyclically Adjusted Price-to-FCF was 32.30. The lowest was 10.22. And the median was 18.10.

CMCO's Cyclically Adjusted Price-to-FCF is ranked better than
73.74% of 99 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 26.88 vs CMCO: 15.82

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.

Columbus McKinnon's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.798. 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 $2.61 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Columbus McKinnon Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Columbus McKinnon'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.

Columbus McKinnon Cyclically Adjusted Price-to-FCF Chart

Columbus McKinnon Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.00 15.04 24.79 17.89 14.56

Columbus McKinnon Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 13.84 14.56 16.02 13.40 14.98

Competitive Comparison of Columbus McKinnon's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, Columbus McKinnon'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.


Columbus McKinnon's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

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

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



Columbus McKinnon 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.

Columbus McKinnon's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=41.93/2.61
=16.07

* 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.

Columbus McKinnon's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Columbus McKinnon'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)
=0.798/129.4194*129.4194
=0.798

Current CPI (Dec. 2023) = 129.4194.

Columbus McKinnon Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.209 99.695 0.271
201406 0.092 100.560 0.118
201409 0.163 100.428 0.210
201412 0.660 99.070 0.862
201503 0.123 99.621 0.160
201506 -0.043 100.684 -0.055
201509 -0.185 100.392 -0.238
201512 1.083 99.792 1.405
201603 0.636 100.470 0.819
201606 0.143 101.688 0.182
201609 0.702 101.861 0.892
201612 0.978 101.863 1.243
201703 0.395 102.862 0.497
201706 0.543 103.349 0.680
201709 0.700 104.136 0.870
201712 0.572 104.011 0.712
201803 0.560 105.290 0.688
201806 0.245 106.317 0.298
201809 0.715 106.507 0.869
201812 1.020 105.998 1.245
201903 0.871 107.251 1.051
201906 -0.169 108.070 -0.202
201909 1.549 108.329 1.851
201912 1.267 108.420 1.512
202003 1.427 108.902 1.696
202006 0.354 108.767 0.421
202009 1.496 109.815 1.763
202012 0.904 109.897 1.065
202103 0.819 111.754 0.948
202106 -0.413 114.631 -0.466
202109 0.773 115.734 0.864
202112 0.105 117.630 0.116
202203 0.747 121.301 0.797
202206 -0.492 125.017 -0.509
202209 0.521 125.227 0.538
202212 0.227 125.222 0.235
202303 2.196 127.348 2.232
202306 -0.779 128.729 -0.783
202309 0.401 129.860 0.400
202312 0.798 129.419 0.798

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.


Columbus McKinnon  (NAS:CMCO) 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.


Columbus McKinnon Cyclically Adjusted Price-to-FCF Related Terms

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


Columbus McKinnon (Columbus McKinnon) Business Description

Traded in Other Exchanges
Address
205 Crosspoint Parkway, Buffalo, NY, USA, 14068
Columbus McKinnon Corp is a designer, manufacturer and marketer of intelligent motion solutions, including motion control products, technologies, automated systems and services, that efficiently and ergonomically move, lift, position and secure materials. Its key products include hoists, crane components, precision conveyors, actuators, rigging tools, light rail workstations, and digital power and motion control systems. The company's targeted market verticals include general industries, mobile industries, energy and utilities, process industries, industrial automation, construction and infrastructure, food processing, entertainment, life sciences, consumer packaged goods and e-commerce/supply chain/warehousing.
Executives
Rebecca Yeung director 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Jon Adams officer: Interim VP Crane Solutions 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Kurt F Wozniak officer: VP - Latin America 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Gerard G Colella director 6 SHATTUCK RD, ANDOVER MA 01810
Chad R Abraham director 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Mark R Paradowski officer: VP - Information Services 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Alan S Korman officer: VP, Gen'l Counsel & Secretary 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Gregory P Rustowicz officer: VP - Finance and CFO 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Peter M Mccormick officer: VP-CraneSolutions 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Adrienne Williams officer: Vice President & CHRO 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Terry Schadeberg officer: President Dorner Mfg. Corp. 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Michael Dastoor director C/O JABIL CIRCUIT, INC., 10560 DR. MARTIN LUTHER KING, JR. ST. N., ST. PETERSBURG FL 33716-3718
Mario Y. Ramos officer: VP Global Product Development 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Jeanne Beliveau-dunn director C/O XYLEM INC., 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573
David J. Wilson director, officer: President & CEO 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277