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Ducommun (Ducommun) Cyclically Adjusted Price-to-FCF : 36.20 (As of Apr. 27, 2024)


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What is Ducommun Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Ducommun's current share price is $53.94. Ducommun's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.49. Ducommun's Cyclically Adjusted Price-to-FCF for today is 36.20.

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

DCO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.73   Med: 16.85   Max: 36.81
Current: 36.17

During the past years, Ducommun's highest Cyclically Adjusted Price-to-FCF was 36.81. The lowest was 6.73. And the median was 16.85.

DCO's Cyclically Adjusted Price-to-FCF is ranked worse than
50.91% of 110 companies
in the Aerospace & Defense industry
Industry Median: 35.485 vs DCO: 36.17

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.

Ducommun's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.544. 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 $1.49 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ducommun Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ducommun'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.

Ducommun Cyclically Adjusted Price-to-FCF Chart

Ducommun 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 25.84 30.35 24.05 27.95 34.84

Ducommun 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 27.95 31.62 26.42 26.26 34.84

Competitive Comparison of Ducommun's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Ducommun'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.


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

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

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



Ducommun 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=53.94/1.49
=36.20

* 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.

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

For example, Ducommun'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)
=1.544/129.4194*129.4194
=1.544

Current CPI (Dec. 2023) = 129.4194.

Ducommun Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.083 99.695 -1.406
201406 1.946 100.560 2.504
201409 0.177 100.428 0.228
201412 2.191 99.070 2.862
201503 -0.190 99.621 -0.247
201506 1.052 100.684 1.352
201509 -0.856 100.392 -1.104
201512 0.677 99.792 0.878
201603 0.147 100.470 0.189
201606 0.249 101.688 0.317
201609 0.920 101.861 1.169
201612 1.000 101.863 1.271
201703 0.560 102.862 0.705
201706 -0.560 103.349 -0.701
201709 0.240 104.136 0.298
201712 0.438 104.011 0.545
201803 0.602 105.290 0.740
201806 1.008 106.317 1.227
201809 0.162 106.507 0.197
201812 0.684 105.998 0.835
201903 -0.418 107.251 -0.504
201906 0.459 108.070 0.550
201909 0.414 108.329 0.495
201912 2.316 108.420 2.765
202003 -1.341 108.902 -1.594
202006 0.635 108.767 0.756
202009 0.140 109.815 0.165
202012 0.565 109.897 0.665
202103 -2.277 111.754 -2.637
202106 0.221 114.631 0.250
202109 0.173 115.734 0.193
202112 0.460 117.630 0.506
202203 -1.921 121.301 -2.050
202206 1.681 125.017 1.740
202209 -0.873 125.227 -0.902
202212 2.151 125.222 2.223
202303 -1.937 127.348 -1.969
202306 0.266 128.729 0.267
202309 0.621 129.860 0.619
202312 1.544 129.419 1.544

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.


Ducommun  (NYSE:DCO) 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.


Ducommun Cyclically Adjusted Price-to-FCF Related Terms

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


Ducommun (Ducommun) Business Description

Industry
Traded in Other Exchanges
Address
200 Sandpointe Avenue, Suite 700, Santa Ana, CA, USA, 92707-5759
Ducommun Inc provides engineering & manufacturing services for high-performance products & high-cost-of failure applications used primarily in the aerospace and defense, industrial, medical & other industries. The company's reportable segments are Structural Systems & Electronic Systems. Structural Systems designs, engineers, and manufactures large, complex contoured aerostructure components & assemblies and supplies composite and metal bonded structures and assemblies. Electronic Systems designs, engineers, and manufactures high-reliability electronic & electromechanical products used in worldwide technology-driven markets including aerospace and defense, industrial, medical, & other end-use markets. It generates most of its revenue from the Electronic Systems.
Executives
Jerry L Redondo officer: VP, Operational Excellence DUCOMMUN INCORPORATED, 23301 WILMINGTON AVE., CARSON CA 90745-6209
Suman B. Mookerji officer: Sr. V.P., C.F.O. 200 SANDPOINTE AVENUE, SUITE 700, SANTA ANA CA 92707
Stephen G Oswald director, officer: President & CEO 23301 WILMINGTON AVENUE, CARSON CA 90745
Christopher D. Wampler officer: VP, Controller and CAO 23301 WILMINGTON AVENUE, CARSON CA 90745
Laureen S. Gonzalez officer: VP & Chief HR Officer 200 SANDPOINTE AVENUE, SUITE 700, SANTA ANA CA 92707
Robert C Ducommun director 1155 PARK AVE, APT 1-SW, NEW YORK NY 10128-1209
Samara A Strycker director 2701 NAVISTAR DRIVE, LISLE IL 60532
Rose F Rogers officer: VP, Human Resources 23301 WILMINGTON AVE., CARSON CA 90745-6209
Sheila G. Kramer director P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Robert D Paulson director AEROSTAR CAPITAL LLC, 590 SANDHILL CRANE RD., #1270, WILSON WY 83014-1270
Dean M Flatt director 31 SUMMER HILL RD., WAYNE NJ 07470
Rajiv A. Tata officer: V.P., General Counsel 200 SANDPOINTE AVENUE, SUITE 700, SANTA ANA CA 92707
Shirley Drazba director 200 SANDPOINTE AVENUE, #700, SANTA ANA CA 92707
Anthony J Reardon other: Pres., Ducommun AeroStructures DUCOMMUN INCORPORATED, 23301 WILMINGTON AVE., CARSON CA 90745
James S Heiser officer: VP, CFO & Gen. Cnsl. C/O DUCOMMUN INC, 23301 WILMINGTON AVENUE, CARSON CA 90745-6209

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