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Autoliv (FRA:LIV) Cyclically Adjusted Price-to-FCF : 32.74 (As of Jun. 06, 2024)


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What is Autoliv Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Autoliv's current share price is €111.00. Autoliv's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.39. Autoliv's Cyclically Adjusted Price-to-FCF for today is 32.74.

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

FRA:LIV' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.49   Med: 20.73   Max: 34.95
Current: 32.95

During the past years, Autoliv's highest Cyclically Adjusted Price-to-FCF was 34.95. The lowest was 10.49. And the median was 20.73.

FRA:LIV's Cyclically Adjusted Price-to-FCF is ranked worse than
61.74% of 494 companies
in the Vehicles & Parts industry
Industry Median: 21.345 vs FRA:LIV: 32.95

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.

Autoliv's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.200. 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 €3.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Autoliv Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Autoliv'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.

Autoliv Cyclically Adjusted Price-to-FCF Chart

Autoliv 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 22.04 25.62 28.68 20.39 29.08

Autoliv 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 26.78 22.92 26.50 29.08 33.03

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

For the Auto Parts subindustry, Autoliv'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.


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

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

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



Autoliv 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=111.00/3.39
=32.74

* 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.

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

For example, Autoliv'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)
=-0.2/132.2054*132.2054
=-0.200

Current CPI (Mar. 2024) = 132.2054.

Autoliv Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.231 100.432 -0.304
201409 0.794 100.161 1.048
201412 0.889 100.225 1.173
201503 -0.528 99.950 -0.698
201506 0.388 99.995 0.513
201509 0.944 100.228 1.245
201512 1.852 100.276 2.442
201603 1.105 100.751 1.450
201606 -0.293 101.019 -0.383
201609 1.520 101.138 1.987
201612 1.393 102.022 1.805
201703 0.208 102.022 0.270
201706 0.387 102.752 0.498
201709 0.713 103.279 0.913
201712 2.170 103.793 2.764
201803 -1.165 103.962 -1.481
201806 -1.156 104.875 -1.457
201809 1.171 105.679 1.465
201812 1.557 105.912 1.944
201903 0.459 105.886 0.573
201906 -1.510 106.742 -1.870
201909 0.750 107.214 0.925
201912 1.952 107.766 2.395
202003 0.694 106.563 0.861
202006 -1.963 107.498 -2.414
202009 2.659 107.635 3.266
202012 3.331 108.296 4.066
202103 0.882 108.360 1.076
202106 -0.322 108.928 -0.391
202109 0.737 110.338 0.883
202112 1.633 112.486 1.919
202203 -0.434 114.825 -0.500
202206 -2.091 118.384 -2.335
202209 0.788 122.296 0.852
202212 3.208 126.365 3.356
202303 -2.056 127.042 -2.140
202306 2.754 129.407 2.814
202309 0.540 130.224 0.548
202312 3.221 131.912 3.228
202403 -0.200 132.205 -0.200

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.


Autoliv  (FRA:LIV) 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.


Autoliv Cyclically Adjusted Price-to-FCF Related Terms

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


Autoliv (FRA:LIV) Business Description

Industry
Address
Klarabergsviadukten 70, P.O. Box 70381, Section B7, Stockholm, SWE, SE-107 24
Autoliv is the global leader in passive safety components and systems for the auto industry. Products include seat belts, frontal air bags, side-impact air bags, air bag inflators, and steering wheels. The Renault-Nissan-Mitsubishi alliance is the company's largest customer at 11% of 2022 revenue, with Stellantis accounting for 11% and Volkswagen 10%. At 34% of 2022 revenue, the Americas was Autoliv's largest geographic region, followed by Europe at 27%, China at 21%, and Japan at 8%.

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