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Dorel Industries (FRA:DO4B) Cyclically Adjusted Price-to-FCF : 4.61 (As of Jun. 10, 2024)


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

As of today (2024-06-10), Dorel Industries's current share price is €4.70. Dorel Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.02. Dorel Industries's Cyclically Adjusted Price-to-FCF for today is 4.61.

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

FRA:DO4B' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.83   Med: 8.88   Max: 14.74
Current: 3.96

During the past years, Dorel Industries's highest Cyclically Adjusted Price-to-FCF was 14.74. The lowest was 0.83. And the median was 8.88.

FRA:DO4B's Cyclically Adjusted Price-to-FCF is ranked better than
94.59% of 185 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 17.6 vs FRA:DO4B: 3.96

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.

Dorel Industries's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.182. 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 €1.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dorel Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dorel 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.

Dorel Industries Cyclically Adjusted Price-to-FCF Chart

Dorel Industries 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 2.53 6.03 8.65 3.26 4.35

Dorel Industries 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 2.36 2.92 3.66 4.35 4.45

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

For the Furnishings, Fixtures & Appliances subindustry, Dorel 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.


Dorel Industries's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Dorel Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Dorel 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.70/1.02
=4.61

* 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.

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

For example, Dorel Industries'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)
=-0.182/126.2576*126.2576
=-0.182

Current CPI (Mar. 2024) = 126.2576.

Dorel Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.023 99.473 -0.029
201409 1.081 99.394 1.373
201412 0.254 98.367 0.326
201503 -2.787 99.789 -3.526
201506 0.056 100.500 0.070
201509 1.814 100.421 2.281
201512 1.605 99.947 2.028
201603 -0.432 101.054 -0.540
201606 1.240 102.002 1.535
201609 1.252 101.765 1.553
201612 1.770 101.449 2.203
201703 -0.781 102.634 -0.961
201706 0.402 103.029 0.493
201709 0.400 103.345 0.489
201712 -0.083 103.345 -0.101
201803 -0.384 105.004 -0.462
201806 0.860 105.557 1.029
201809 0.448 105.636 0.535
201812 0.581 105.399 0.696
201903 -0.608 106.979 -0.718
201906 0.220 107.690 0.258
201909 1.102 107.611 1.293
201912 0.624 107.769 0.731
202003 -0.269 107.927 -0.315
202006 3.090 108.401 3.599
202009 0.538 108.164 0.628
202012 -0.626 108.559 -0.728
202103 -0.344 110.298 -0.394
202106 0.188 111.720 0.212
202109 -0.915 112.905 -1.023
202112 0.631 113.774 0.700
202203 -2.923 117.646 -3.137
202206 -1.539 120.806 -1.608
202209 -0.812 120.648 -0.850
202212 0.729 120.964 0.761
202303 0.877 122.702 0.902
202306 0.229 124.203 0.233
202309 0.266 125.230 0.268
202312 0.155 125.072 0.156
202403 -0.182 126.258 -0.182

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.


Dorel Industries  (FRA:DO4B) 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.


Dorel Industries Cyclically Adjusted Price-to-FCF Related Terms

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


Dorel Industries (FRA:DO4B) Business Description

Traded in Other Exchanges
Address
1255 Greene Avenue, Suite 300, Westmount, QC, CAN, H3Z 2A4
Dorel Industries Inc is a Canadian company that sells juvenile products and furniture. Its segments include Dorel Home and Dorel Juvenile. Dorel Home segment is engaged in the design, sourcing, manufacturing, and distribution of ready-to-assemble furniture and home furnishings which include metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items. Dorel Juvenile segment is engaged in the design, sourcing, manufacturing, distribution, and retail of children's accessories which include infant car seats, strollers, high chairs, and infant health and safety aids. Its geographical segments include Canada, the United States, Europe, Latin America, Asia, and Other countries.

Dorel Industries (FRA:DO4B) Headlines

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