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Stoneridge (Stoneridge) Cyclically Adjusted Price-to-FCF : 112.71 (As of Apr. 27, 2024)


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What is Stoneridge Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Stoneridge's current share price is $15.78. Stoneridge's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.14. Stoneridge's Cyclically Adjusted Price-to-FCF for today is 112.71.

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

SRI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.87   Med: 35.89   Max: 132.93
Current: 110.69

During the past years, Stoneridge's highest Cyclically Adjusted Price-to-FCF was 132.93. The lowest was 13.87. And the median was 35.89.

SRI's Cyclically Adjusted Price-to-FCF is ranked worse than
87.11% of 481 companies
in the Vehicles & Parts industry
Industry Median: 21.61 vs SRI: 110.69

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.

Stoneridge's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.025. 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 $0.14 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stoneridge Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Stoneridge'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.

Stoneridge Cyclically Adjusted Price-to-FCF Chart

Stoneridge 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 43.69 43.85 31.31 63.47 141.12

Stoneridge 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 63.47 61.25 62.61 96.94 141.12

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

For the Auto Parts subindustry, Stoneridge'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.


Stoneridge's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Stoneridge's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Stoneridge 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.78/0.14
=112.71

* 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.

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

For example, Stoneridge'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)
=0.025/129.4194*129.4194
=0.025

Current CPI (Dec. 2023) = 129.4194.

Stoneridge Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.758 99.695 -0.984
201406 0.041 100.560 0.053
201409 -0.035 100.428 -0.045
201412 0.582 99.070 0.760
201503 -0.458 99.621 -0.595
201506 -0.030 100.684 -0.039
201509 0.257 100.392 0.331
201512 1.157 99.792 1.500
201603 -0.202 100.470 -0.260
201606 0.406 101.688 0.517
201609 0.449 101.861 0.570
201612 0.783 101.863 0.995
201703 0.089 102.862 0.112
201706 0.326 103.349 0.408
201709 0.502 104.136 0.624
201712 0.701 104.011 0.872
201803 -0.029 105.290 -0.036
201806 0.445 106.317 0.542
201809 0.439 106.507 0.533
201812 0.925 105.998 1.129
201903 -0.491 107.251 -0.592
201906 0.123 108.070 0.147
201909 0.020 108.329 0.024
201912 -0.170 108.420 -0.203
202003 -0.497 108.902 -0.591
202006 -0.372 108.767 -0.443
202009 0.307 109.815 0.362
202012 0.429 109.897 0.505
202103 -0.902 111.754 -1.045
202106 -0.434 114.631 -0.490
202109 -0.169 115.734 -0.189
202112 -0.804 117.630 -0.885
202203 -0.999 121.301 -1.066
202206 -0.203 125.017 -0.210
202209 -0.520 125.227 -0.537
202212 0.814 125.222 0.841
202303 -0.705 127.348 -0.716
202306 -0.125 128.729 -0.126
202309 -0.416 129.860 -0.415
202312 0.025 129.419 0.025

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.


Stoneridge  (NYSE:SRI) 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.


Stoneridge Cyclically Adjusted Price-to-FCF Related Terms

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


Stoneridge (Stoneridge) Business Description

Traded in Other Exchanges
Address
39675 MacKenzie Drive, Suite 400, Novi, MI, USA, 48377
Stoneridge Inc is a manufacturer of electrical and electronic components used in automotive vehicles. The company produces instrumentation systems, vehicle management electronics, application-specific switches and actuators, sensors, security alarms, and vehicle tracking devices and monitoring services for commercial, automotive, off-highway, and agricultural vehicle markets. Stoneridge generates the majority of its revenue in its Electronics segment that produces driver information systems, camera-based vision systems, connectivity, and compliance products, and electronic control units. Geographically, the company's operations are focused on North America. It has Control Devices, Electronics, and Stoneridge Brazil segments.
Executives
Susan C. Benedict officer: CHRO and Assistant GC C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Rajaey Kased officer: President Control Devices C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Caetano Roberto Ferraiolo officer: Director President of PST ALAMEDA GUARUJA, 199, CONDOMINIO JARDIM PAULISTA - CENTRO, VINHEDO - SP D5 13280-000
Mayes George S Jr director 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Sheila M Rutt director 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Carsten J Reinhardt director ARVINMERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084
Paul J. Schlather director 9400 EAST MARKET STREET, WARREN OH 44484
Salvatore D. Orsini officer: Chief Procurement Officer C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Peter Osterberg officer: President of Electronics C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Jonathan B Degaynor officer: President and CEO C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Hartman Robert J. Jr. officer: Chief Accounting Officer C/O STONERIDGE, INC., 9400 EAST MARKET STREET, WARREN OH 44484
Matthew R. Horvath officer: CFO C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Laurent Borne officer: President Electronics Division C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Frank S Sklarsky director C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
James Zizelman officer: President Control Devices C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377