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Curtiss-Wright (Curtiss-Wright) Cyclically Adjusted Price-to-FCF : 31.24 (As of Apr. 27, 2024)


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What is Curtiss-Wright Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Curtiss-Wright's current share price is $254.01. Curtiss-Wright's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $8.13. Curtiss-Wright's Cyclically Adjusted Price-to-FCF for today is 31.24.

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

CW' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.12   Med: 26.03   Max: 35.51
Current: 31.2

During the past years, Curtiss-Wright's highest Cyclically Adjusted Price-to-FCF was 35.51. The lowest was 15.12. And the median was 26.03.

CW's Cyclically Adjusted Price-to-FCF is ranked better than
55.45% of 110 companies
in the Aerospace & Defense industry
Industry Median: 35.485 vs CW: 31.20

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.

Curtiss-Wright's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $7.006. 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 $8.13 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Curtiss-Wright Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Curtiss-Wright'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.

Curtiss-Wright Cyclically Adjusted Price-to-FCF Chart

Curtiss-Wright 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 27.31 21.32 21.64 22.91 27.42

Curtiss-Wright 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 22.91 24.51 24.81 25.43 27.42

Competitive Comparison of Curtiss-Wright's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Curtiss-Wright'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.


Curtiss-Wright's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Curtiss-Wright's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Curtiss-Wright 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.

Curtiss-Wright's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=254.01/8.13
=31.24

* 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.

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

For example, Curtiss-Wright'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)
=7.006/129.4194*129.4194
=7.006

Current CPI (Dec. 2023) = 129.4194.

Curtiss-Wright Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.671 99.695 -0.871
201406 1.653 100.560 2.127
201409 1.024 100.428 1.320
201412 3.394 99.070 4.434
201503 -3.698 99.621 -4.804
201506 1.103 100.684 1.418
201509 2.077 100.392 2.678
201512 3.370 99.792 4.371
201603 1.358 100.470 1.749
201606 1.759 101.688 2.239
201609 2.227 101.861 2.830
201612 3.021 101.863 3.838
201703 -0.787 102.862 -0.990
201706 1.628 103.349 2.039
201709 2.009 104.136 2.497
201712 4.666 104.011 5.806
201803 -1.829 105.290 -2.248
201806 1.954 106.317 2.379
201809 1.395 106.507 1.695
201812 4.932 105.998 6.022
201903 -1.603 107.251 -1.934
201906 1.762 108.070 2.110
201909 2.376 108.329 2.839
201912 5.646 108.420 6.740
202003 -4.938 108.902 -5.868
202006 3.098 108.767 3.686
202009 1.172 109.815 1.381
202012 5.944 109.897 7.000
202103 -0.855 111.754 -0.990
202106 1.603 114.631 1.810
202109 2.374 115.734 2.655
202112 5.565 117.630 6.123
202203 -3.497 121.301 -3.731
202206 0.581 125.017 0.601
202209 2.235 125.227 2.310
202212 7.325 125.222 7.571
202303 -2.655 127.348 -2.698
202306 2.566 128.729 2.580
202309 3.553 129.860 3.541
202312 7.006 129.419 7.006

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.


Curtiss-Wright  (NYSE:CW) 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.


Curtiss-Wright Cyclically Adjusted Price-to-FCF Related Terms

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


Curtiss-Wright (Curtiss-Wright) Business Description

Traded in Other Exchanges
Address
130 Harbour Place Drive, Suite 300, Davidson, NC, USA, 28036
Curtiss-Wright Corporation delivers engineered products and services to commercial, defence, power generation, and other industrial markets. It offers industrial vehicle components, control systems and weapons handling systems, pumps, valves, and other solutions. The diversified global company attempts to deliver products on high-performance platforms that require technical sophistication. It has three operating segments based on the markets serviced: Naval & Power which provides coolant pumps, power-dense compact motors, generators, secondary propulsion systems, pumps, pump seals, valves, control rod drive mechanisms, and fastening systems also generate the majority of revenue for the company; Its others segments are Aerospace & Industrial and Defense Electronics.
Executives
K Christopher Farkas officer: Corporate Controller C/O CURTISS-WRIGHT CORPORATION, 10 WATERVIEW BOULEVARD, PARSIPPANY NJ 07054
John C Watts officer: Vice President Bus Dev & Strat C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Lynn J Bamford director, officer: President and CEO 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Robert J Freda officer: Vice President and Treasurer C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Paul J Ferdenzi officer: Vice President - HR 10 WATERVIEW BOULEVARD, PARSIPPANY NJ 07054
David Charles Adams officer: Vice President C/O CURTISS-WRIGHT CORPORATION, 4 BECKER FARM ROAD, ROSELAND NJ 07068
Gary A Ogilby officer: VP & Corporate Controller C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Larry D Wyche director C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
William F Moran director C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Kevin Rayment officer: Vice President and COO C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Anthony J Moraco director 1710 SAIC DRIVE, MCLEAN VA 22102
Tom P Quinly officer: Vice President C/O CURTISS-WRIGHT CORPORATION, 10 WATERVIEW BOULEVARD, PARSIPPANY NJ 07054
Harry Jakubowitz officer: Treasurer C/O CURTISS-WRIGHT CORPORATION, 4 BECKER FARM ROAD, ROSELAND NJ 07068
John B Nathman director C/O CURTISS-WRIGHT CORPORATION, 4 BECKER FARM ROAD, ROSELAND NJ 07068
Glenda J Minor director 17000 ROTUNDA DRIVE, DEARBORN MI 48120

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