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Manitowoc Co (FRA:MNGN) Cyclically Adjusted Price-to-FCF : (As of May. 18, 2024)


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What is Manitowoc Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Manitowoc Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Manitowoc Co'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.

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Manitowoc Co Cyclically Adjusted Price-to-FCF Chart

Manitowoc Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Manitowoc 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 Manitowoc Co's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, Manitowoc 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.


Manitowoc 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, Manitowoc Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Manitowoc Co 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.

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

For example, Manitowoc 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)
=-1.092/131.7762*131.7762
=-1.092

Current CPI (Mar. 2024) = 131.7762.

Manitowoc Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.155 100.560 1.514
201409 0.832 100.428 1.092
201412 5.245 99.070 6.977
201503 -3.929 99.621 -5.197
201506 1.072 100.684 1.403
201509 -0.081 100.392 -0.106
201512 4.090 99.792 5.401
201603 -5.814 100.470 -7.626
201606 -0.781 101.688 -1.012
201609 -0.337 101.861 -0.436
201612 -11.133 101.863 -14.402
201703 -3.020 102.862 -3.869
201706 -2.239 103.349 -2.855
201709 -2.536 104.136 -3.209
201712 -0.946 104.011 -1.199
201803 -4.008 105.290 -5.016
201806 -2.580 106.317 -3.198
201809 -3.778 106.507 -4.674
201812 -2.539 105.998 -3.156
201903 -6.746 107.251 -8.289
201906 0.659 108.070 0.804
201909 0.635 108.329 0.772
201912 3.343 108.420 4.063
202003 -2.117 108.902 -2.562
202006 -0.630 108.767 -0.763
202009 0.504 109.815 0.605
202012 0.590 109.897 0.707
202103 0.791 111.754 0.933
202106 0.035 114.631 0.040
202109 0.279 115.734 0.318
202112 -0.252 117.630 -0.282
202203 -0.079 121.301 -0.086
202206 -0.213 125.017 -0.225
202209 -0.605 125.227 -0.637
202212 1.273 125.222 1.340
202303 0.125 127.348 0.129
202306 -1.144 128.729 -1.171
202309 0.071 129.860 0.072
202312 0.563 129.419 0.573
202403 -1.092 131.776 -1.092

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.


Manitowoc Co  (FRA:MNGN) 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.


Manitowoc Co Cyclically Adjusted Price-to-FCF Related Terms

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Manitowoc Co (FRA:MNGN) Business Description

Traded in Other Exchanges
Address
11270 West Park Place, Suite 1000, Milwaukee, WI, USA, 53224
Manitowoc Co Inc provides engineered lifting solutions. It designs and manufactures mobile telescopic cranes, tower cranes, lattice-boom crawler cranes, and boom trucks. It offers products under brand names such as Grove, Manitowoc, National Crane, Potain, Shuttlelift, and Manitowoc Crane Care. Its crane products serve dealers, rental companies, contractors, and government entities in diverse markets, including energy production/distribution and utility, petrochemical and industrial, infrastructure, and commercial/residential construction. Manitowoc has three reportable segments: the Americas, Europe and Africa, and the Middle East and Asia-Pacific. The Americas segment provides the largest revenue stream to the firm.

Manitowoc Co (FRA:MNGN) Headlines

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