GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Iochpe-Maxion SA (OTCPK:IOCJY) » Definitions » Cyclically Adjusted Price-to-FCF

Iochpe-Maxion (Iochpe-Maxion) Cyclically Adjusted Price-to-FCF : 5.83 (As of May. 21, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Iochpe-Maxion Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Iochpe-Maxion's current share price is $0.70. Iochpe-Maxion's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.12. Iochpe-Maxion's Cyclically Adjusted Price-to-FCF for today is 5.83.

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

IOCJY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.75   Med: 6.49   Max: 352.14
Current: 4.93

During the past years, Iochpe-Maxion's highest Cyclically Adjusted Price-to-FCF was 352.14. The lowest was 2.75. And the median was 6.49.

IOCJY's Cyclically Adjusted Price-to-FCF is ranked better than
92.91% of 494 companies
in the Vehicles & Parts industry
Industry Median: 21.75 vs IOCJY: 4.93

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.

Iochpe-Maxion's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.091. 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 $0.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iochpe-Maxion Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Iochpe-Maxion'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.

Iochpe-Maxion Cyclically Adjusted Price-to-FCF Chart

Iochpe-Maxion 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 327.00 - 45.88 6.92 5.49

Iochpe-Maxion Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.92 6.50 6.41 5.49 5.49

Competitive Comparison of Iochpe-Maxion's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Iochpe-Maxion'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.


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

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

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



Iochpe-Maxion 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.70/0.12
=5.83

* 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.

Iochpe-Maxion's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Iochpe-Maxion's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.091/157.1481*157.1481
=0.091

Current CPI (Dec. 2023) = 157.1481.

Iochpe-Maxion Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.203 90.447 -0.353
201406 0.270 91.838 0.462
201409 -0.334 92.602 -0.567
201412 0.410 94.194 0.684
201503 -0.177 97.799 -0.284
201506 0.068 100.006 0.107
201509 0.037 101.392 0.057
201512 -0.074 104.247 -0.112
201603 -0.230 106.979 -0.338
201606 0.163 108.851 0.235
201609 -0.090 109.986 -0.129
201612 0.157 110.802 0.223
201703 -0.097 111.869 -0.136
201706 -0.007 112.115 -0.010
201709 0.070 112.777 0.098
201712 0.044 114.068 0.061
201803 -0.062 114.868 -0.085
201806 -0.017 117.038 -0.023
201809 0.007 117.881 0.009
201812 0.135 118.340 0.179
201903 -0.182 120.124 -0.238
201906 0.070 120.977 0.091
201909 0.058 121.292 0.075
201912 0.136 123.436 0.173
202003 -0.101 124.092 -0.128
202006 -0.132 123.557 -0.168
202009 0.059 125.095 0.074
202012 0.072 129.012 0.088
202103 -0.072 131.660 -0.086
202106 0.000 133.871 0.000
202109 -0.191 137.913 -0.218
202112 0.456 141.992 0.505
202203 0.223 146.537 0.239
202206 0.030 149.784 0.031
202209 0.166 147.800 0.176
202212 0.177 150.207 0.185
202303 0.074 153.352 0.076
202306 0.318 154.519 0.323
202309 0.181 155.464 0.183
202312 0.091 157.148 0.091

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.


Iochpe-Maxion  (OTCPK:IOCJY) 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.


Iochpe-Maxion Cyclically Adjusted Price-to-FCF Related Terms

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


Iochpe-Maxion (Iochpe-Maxion) Business Description

Traded in Other Exchanges
Address
Rua Dr. Othon Barcellos, 83, Cruzeiro, SP, BRA
Iochpe-Maxion SA is a Brazilian company involved in the manufacturing of automobile parts. Its core business is the production of wheels and structural components for light and commercial vehicles and equipment for railways. The company is a world leader in the production of automotive wheels. It has nearly 30 manufacturing facilities located globally and has customers worldwide and operates through three divisions; Maxion Wheels, Maxion Structural Components, and Amsted-Maxion. Maxion Wheels produces and markets a wide range of steel wheels, Maxion Structural Components, we produce struts, sleepers, and chassis assembled for light vehicles and Amsted-Maxion produces freight wagons, railway wheels and castings.

Iochpe-Maxion (Iochpe-Maxion) Headlines

From GuruFocus

Q4 2018 Iochpe Maxion SA Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q1 2019 Iochpe Maxion SA Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q1 2022 Iochpe Maxion SA Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q3 2019 Iochpe Maxion SA Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q3 2020 Iochpe Maxion SA Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q2 2023 Iochpe Maxion SA Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q4 2022 Iochpe Maxion SA Earnings Call Transcript

By GuruFocus Research 02-14-2024

Iochpe Maxion SA Investor Day Transcript

By GuruFocus Research 02-14-2024

Q3 2021 Iochpe Maxion SA Earnings Call Transcript

By GuruFocus Research 02-14-2024