GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aptiv PLC (BSP:APTV34) » Definitions » Cyclically Adjusted Price-to-FCF

Aptiv (BSP:APTV34) Cyclically Adjusted Price-to-FCF : 22.91 (As of Jun. 06, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Aptiv Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Aptiv's current share price is R$217.20. Aptiv's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$9.48. Aptiv's Cyclically Adjusted Price-to-FCF for today is 22.91.

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

BSP:APTV34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.12   Med: 28.15   Max: 51.18
Current: 21.62

During the past years, Aptiv's highest Cyclically Adjusted Price-to-FCF was 51.18. The lowest was 13.12. And the median was 28.15.

BSP:APTV34's Cyclically Adjusted Price-to-FCF is ranked worse than
50.81% of 494 companies
in the Vehicles & Parts industry
Industry Median: 21.345 vs BSP:APTV34: 21.62

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.

Aptiv's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$-0.190. 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 R$9.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aptiv Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aptiv'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.

Aptiv Cyclically Adjusted Price-to-FCF Chart

Aptiv 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 28.30 38.17 46.05 24.86 23.48

Aptiv Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 30.02 27.12 25.27 23.48 20.56

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

For the Auto Parts subindustry, Aptiv'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.


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

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

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



Aptiv 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=217.20/9.48
=22.91

* 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.

Aptiv's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Aptiv'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)
=-0.19/120.9901*120.9901
=-0.190

Current CPI (Mar. 2024) = 120.9901.

Aptiv Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.774 100.773 2.130
201409 1.227 100.474 1.478
201412 3.092 99.576 3.757
201503 -0.420 99.975 -0.508
201506 2.085 100.573 2.508
201509 1.098 100.274 1.325
201512 5.038 99.676 6.115
201603 0.187 99.676 0.227
201606 2.523 101.072 3.020
201609 1.270 100.274 1.532
201612 3.951 99.676 4.796
201703 0.731 100.374 0.881
201706 2.779 100.673 3.340
201709 -0.106 100.474 -0.128
201712 1.294 100.075 1.564
201803 -0.541 100.573 -0.651
201806 2.408 101.072 2.883
201809 -0.317 101.371 -0.378
201812 4.212 100.773 5.057
201903 -1.117 101.670 -1.329
201906 2.218 102.168 2.627
201909 1.261 102.268 1.492
201912 4.331 102.068 5.134
202003 -0.420 102.367 -0.496
202006 -2.743 101.769 -3.261
202009 4.414 101.072 5.284
202012 6.436 101.072 7.704
202103 1.226 102.367 1.449
202106 1.577 103.364 1.846
202109 -1.606 104.859 -1.853
202112 5.083 106.653 5.766
202203 -4.120 109.245 -4.563
202206 -1.043 112.779 -1.119
202209 2.176 113.504 2.320
202212 7.295 115.436 7.646
202303 -2.670 117.609 -2.747
202306 2.785 119.662 2.816
202309 4.659 120.749 4.668
202312 3.668 120.749 3.675
202403 -0.190 120.990 -0.190

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.


Aptiv  (BSP:APTV34) 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.


Aptiv Cyclically Adjusted Price-to-FCF Related Terms

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


Aptiv (BSP:APTV34) Business Description

Industry
Traded in Other Exchanges
Address
5 Hanover Quay, Grand Canal Dock, Dublin, IRL, D02 VY79
Aptiv's signal and power solutions segment supplies components and systems that make up a vehicle's electrical system, including wiring assemblies and harnesses, connectors, electrical centers, and hybrid electrical systems. The advanced safety and user experience segment provides body controls, infotainment and connectivity systems, passive and active safety electronics, advanced driver-assist technologies, and displays, as well as the development of software for these systems. Aptiv's largest customers are General Motors and Stellantis, both at roughly 9% of 2022 revenue, followed by Ford and Volkswagen, both at 8%. North America and Europe represented approximately 37% and 31% of total 2022 revenue, respectively.

Aptiv (BSP:APTV34) Headlines

No Headlines