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Art's-Way Manufacturing Co (Art's-Way Manufacturing Co) Cyclically Adjusted FCF per Share : $-0.03 (As of Feb. 2024)


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What is Art's-Way Manufacturing Co Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Art's-Way Manufacturing Co's adjusted free cash flow per share for the three months ended in Feb. 2024 was $-0.076. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-0.03 for the trailing ten years ended in Feb. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Art's-Way Manufacturing Co was 47.70% per year. The lowest was -35.00% per year. And the median was 12.75% per year.

As of today (2024-05-18), Art's-Way Manufacturing Co's current stock price is $1.89. Art's-Way Manufacturing Co's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was $-0.03. Art's-Way Manufacturing Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Art's-Way Manufacturing Co was 212.33. The lowest was 6.03. And the median was 25.58.


Art's-Way Manufacturing Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Art's-Way Manufacturing Co's Cyclically Adjusted FCF per Share 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.

Art's-Way Manufacturing Co Cyclically Adjusted FCF per Share Chart

Art's-Way Manufacturing Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.17 0.10 -0.04 -0.03

Art's-Way Manufacturing Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted FCF per Share 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 -0.07 -0.07 -0.07 -0.03 -0.03

Competitive Comparison of Art's-Way Manufacturing Co's Cyclically Adjusted FCF per Share

For the Farm & Heavy Construction Machinery subindustry, Art's-Way Manufacturing Co'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.


Art's-Way Manufacturing Co's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

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

* The bar in red indicates where Art's-Way Manufacturing Co's Cyclically Adjusted Price-to-FCF falls into.



Art's-Way Manufacturing Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Art's-Way Manufacturing Co's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.076/130.9299*130.9299
=-0.076

Current CPI (Feb. 2024) = 130.9299.

Art's-Way Manufacturing Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -0.196 100.373 -0.256
201408 -0.117 100.352 -0.153
201411 0.702 99.635 0.922
201502 -0.002 99.032 -0.003
201505 0.043 100.333 0.056
201508 -0.085 100.548 -0.111
201511 0.055 100.135 0.072
201602 0.146 100.040 0.191
201605 0.375 101.355 0.484
201608 -0.214 101.617 -0.276
201611 0.209 101.829 0.269
201702 0.026 102.779 0.033
201705 -0.246 103.256 -0.312
201708 0.095 103.587 0.120
201711 0.182 104.072 0.229
201802 0.103 105.052 0.128
201805 -0.242 106.148 -0.298
201808 -0.128 106.383 -0.158
201811 -0.101 106.338 -0.124
201902 -0.180 106.649 -0.221
201905 0.015 108.048 0.018
201908 0.165 108.245 0.200
201911 0.083 108.519 0.100
202002 -0.284 109.139 -0.341
202005 -0.114 108.175 -0.138
202008 0.171 109.662 0.204
202011 -0.130 109.793 -0.155
202102 0.116 110.968 0.137
202105 -0.481 113.576 -0.554
202108 -0.017 115.421 -0.019
202111 0.028 117.269 0.031
202202 0.218 119.703 0.238
202205 -0.386 123.323 -0.410
202208 -0.029 124.958 -0.030
202211 0.042 125.607 0.044
202302 0.195 126.928 0.201
202305 -0.446 128.314 -0.455
202308 0.035 129.538 0.035
202311 0.038 129.548 0.038
202402 -0.076 130.930 -0.076

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Art's-Way Manufacturing Co  (NAS:ARTW) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Art's-Way Manufacturing Co was 212.33. The lowest was 6.03. And the median was 25.58.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Art's-Way Manufacturing Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Art's-Way Manufacturing Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Art's-Way Manufacturing Co (Art's-Way Manufacturing Co) Business Description

Traded in Other Exchanges
Address
5556 Highway 9, P.O. Box 288, Armstrong, IA, USA, 50514
Art's-Way Manufacturing Co Inc is a manufacturer of agricultural equipment. It has three reportable segments: Agricultural Products, Modular Buildings, and Tools. The Agricultural Products segment fabricates and sells farming products as well as related equipment and replacement parts for these products in the United States and worldwide. Its Modular Buildings segment manufactures and installs modular buildings for animal containment and various laboratory uses. The Tools segment manufactures steel cutting tools and inserts. It derives revenues from the Agricultural Products segment.
Executives
Randall C. Ramsey director 5556 HIGHWAY 9, ARMSTRONG IA 50514
Matthew Westendorf director C/O ART'S-WAY MANUFACTURING CO. INC., 5556 HIGHWAY 9, ARMSTRONG IA 50514
David Alan King officer: Executive Vice President C/O ART'S-WAY MANUFACTURING CO. INC., 5556 HIGHWAY 9, ARMSTRONG IA 50514
Mcconnell J Ward Jr director, 10 percent owner
Michael William Woods officer: Controller C/O ART'S WAY MANUFACTURING CO., INC., 5556 HIGHWAY 9, ARMSTRONG IA 50514
Marc H Mcconnell director 1118 N QUEEN ST, KINSTON NC 28501
David Allan White director C/O 5556 HIGHWAY 8, ARMSTRONG IA 50514
Carrie L. Gunnerson officer: President and CEO 5556 HIGHWAY 9, ARMSTRONG IA 50514
Joseph R Dancy director 1007 BEAVER CREEK, DUNCANVILLE TX 75137
Michael Furness officer: Director of Finance 5556 HIGHWAY 9, ARMSTRONG IA 50514
David R Castle director P.O. BOX 1738, LAKEFIELD A6 K0L 2H0
Dean James Droegemueller officer: Director of Finance 5825 VINCENT AVENUE SOUTH, MINNEAPOLIS MN 55410
Fred William Krahmer director 204 LAKE AVENUE, SUITE 201, FAIRMONT MN 56031
Thomas E Buffamante director 6863 WOODLAND DRIVE NORTH, GREAT VALLEY NY 14741
Douglas Richard Mcclellan director

Art's-Way Manufacturing Co (Art's-Way Manufacturing Co) Headlines

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