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Goodyear Tire & Rubber Co (XBRU:GT) Cyclically Adjusted FCF per Share : €0.00 (As of Mar. 2024)


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What is Goodyear Tire & Rubber Co Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Goodyear Tire & Rubber Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-2.536. 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 €0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Goodyear Tire & Rubber Co's average Cyclically Adjusted FCF Growth Rate was 78.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 18.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 23.80% per year. 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 Goodyear Tire & Rubber Co was 34.40% per year. The lowest was -53.10% per year. And the median was -4.30% per year.

As of today (2024-05-22), Goodyear Tire & Rubber Co's current stock price is €18.90. Goodyear Tire & Rubber Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.00. Goodyear Tire & Rubber Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Goodyear Tire & Rubber Co was 569.67. The lowest was 8.52. And the median was 22.47.


Goodyear Tire & Rubber Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Goodyear Tire & Rubber 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.

Goodyear Tire & Rubber Co Cyclically Adjusted FCF per Share Chart

Goodyear Tire & Rubber Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
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Goodyear Tire & Rubber Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Goodyear Tire & Rubber Co's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, Goodyear Tire & Rubber 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.


Goodyear Tire & Rubber Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Goodyear Tire & Rubber Co's Cyclically Adjusted Price-to-FCF falls into.



Goodyear Tire & Rubber 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, Goodyear Tire & Rubber Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-2.536/131.7762*131.7762
=-2.536

Current CPI (Mar. 2024) = 131.7762.

Goodyear Tire & Rubber Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.516 100.560 0.676
201409 0.006 100.428 0.008
201412 2.878 99.070 3.828
201503 -1.543 99.621 -2.041
201506 0.933 100.684 1.221
201509 0.489 100.392 0.642
201512 2.520 99.792 3.328
201603 -2.012 100.470 -2.639
201606 0.293 101.688 0.380
201609 0.358 101.861 0.463
201612 3.337 101.863 4.317
201703 -1.867 102.862 -2.392
201706 -0.399 103.349 -0.509
201709 -0.466 104.136 -0.590
201712 3.374 104.011 4.275
201803 -1.852 105.290 -2.318
201806 0.341 106.317 0.423
201809 -0.347 106.507 -0.429
201812 2.344 105.998 2.914
201903 -1.856 107.251 -2.280
201906 -0.339 108.070 -0.413
201909 -0.026 108.329 -0.032
201912 3.668 108.420 4.458
202003 -2.504 108.902 -3.030
202006 -1.308 108.767 -1.585
202009 1.391 109.815 1.669
202012 3.518 109.897 4.218
202103 -1.406 111.754 -1.658
202106 0.033 114.631 0.038
202109 -0.646 115.734 -0.736
202112 2.376 117.630 2.662
202203 -3.212 121.301 -3.489
202206 -0.193 125.017 -0.203
202209 -1.260 125.227 -1.326
202212 2.883 125.222 3.034
202303 -3.569 127.348 -3.693
202306 0.318 128.729 0.326
202309 -0.138 129.860 -0.140
202312 3.264 129.419 3.323
202403 -2.536 131.776 -2.536

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


Goodyear Tire & Rubber Co  (XBRU:GT) 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 Goodyear Tire & Rubber Co was 569.67. The lowest was 8.52. And the median was 22.47.


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.


Goodyear Tire & Rubber Co Cyclically Adjusted FCF per Share Related Terms

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Goodyear Tire & Rubber Co (XBRU:GT) Business Description

Traded in Other Exchanges
Address
200 Innovation Way, Akron, OH, USA, 44316-0001
Goodyear Tire & Rubber Co manufactures and sells a variety of rubber tires under the Goodyear brand name. The firm's tires are used for automobiles, trucks, buses, aircraft, motorcycles, mining equipment, farm equipment, and industrial equipment. The company operates its business through three operating segments representing its regional tire businesses: Americas; Europe, the Middle East, and Africa (EMEA); and the Asia Pacific.