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Powell Industries (FRA:PW2) Cyclically Adjusted Price-to-FCF : 42.13 (As of Apr. 29, 2024)


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What is Powell Industries Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Powell Industries's current share price is €136.50. Powell Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €3.24. Powell Industries's Cyclically Adjusted Price-to-FCF for today is 42.13.

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

FRA:PW2' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.29   Med: 23.78   Max: 64.8
Current: 41.75

During the past years, Powell Industries's highest Cyclically Adjusted Price-to-FCF was 64.80. The lowest was 11.29. And the median was 23.78.

FRA:PW2's Cyclically Adjusted Price-to-FCF is ranked worse than
60.53% of 1016 companies
in the Industrial Products industry
Industry Median: 32.505 vs FRA:PW2: 41.75

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.

Powell Industries's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €6.208. 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 €3.24 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Powell Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Powell Industries'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.

Powell Industries Cyclically Adjusted Price-to-FCF Chart

Powell Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.35 16.39 21.06 13.39 28.66

Powell Industries 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 24.05 24.05 29.20 28.66 24.80

Competitive Comparison of Powell Industries's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Powell Industries'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.


Powell Industries's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Powell Industries 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=136.50/3.24
=42.13

* 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.

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

For example, Powell Industries'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)
=6.208/129.4194*129.4194
=6.208

Current CPI (Dec. 2023) = 129.4194.

Powell Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.889 99.695 -1.154
201406 -0.650 100.560 -0.837
201409 1.195 100.428 1.540
201412 -2.808 99.070 -3.668
201503 0.684 99.621 0.889
201506 1.289 100.684 1.657
201509 -0.469 100.392 -0.605
201512 1.888 99.792 2.449
201603 0.051 100.470 0.066
201606 2.771 101.688 3.527
201609 0.940 101.861 1.194
201612 0.203 101.863 0.258
201703 1.268 102.862 1.595
201706 0.515 103.349 0.645
201709 0.628 104.136 0.780
201712 -1.158 104.011 -1.441
201803 0.169 105.290 0.208
201806 -1.227 106.317 -1.494
201809 -0.222 106.507 -0.270
201812 0.636 105.998 0.777
201903 1.197 107.251 1.444
201906 0.507 108.070 0.607
201909 2.606 108.329 3.113
201912 -0.023 108.420 -0.027
202003 0.329 108.902 0.391
202006 3.429 108.767 4.080
202009 1.312 109.815 1.546
202012 -1.840 109.897 -2.167
202103 0.462 111.754 0.535
202106 -1.591 114.631 -1.796
202109 0.619 115.734 0.692
202112 -2.126 117.630 -2.339
202203 1.088 121.301 1.161
202206 -1.226 125.017 -1.269
202209 1.956 125.227 2.021
202212 -0.256 125.222 -0.265
202303 4.262 127.348 4.331
202306 3.737 128.729 3.757
202309 5.657 129.860 5.638
202312 6.208 129.419 6.208

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.


Powell Industries  (FRA:PW2) 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.


Powell Industries Cyclically Adjusted Price-to-FCF Related Terms

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


Powell Industries (FRA:PW2) Business Description

Traded in Other Exchanges
Address
8550 Mosley Road, Houston, TX, USA, 77075-1180
Powell Industries Inc is a United States-based company that develops, designs, manufactures, and services custom-engineered equipment and systems for electrical energy distribution, control, and monitoring. The company's principal products comprise integrated power control room substations, custom-engineered modules, electrical houses, traditional and arc-resistant distribution switchgear and control gear, and so on. These products are applied in oil and gas refining, offshore oil and gas production, petrochemical, pipeline, terminal, mining and metals, light-rail traction power, electric utility, pulp and paper, and other heavy industrial markets. The company generates the majority of its sales from the United States.

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