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Avon Protection (LSE:AVON) Cyclically Adjusted Price-to-FCF : 33.30 (As of May. 23, 2024)


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What is Avon Protection Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Avon Protection's current share price is £13.32. Avon Protection's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep23 was £0.40. Avon Protection's Cyclically Adjusted Price-to-FCF for today is 33.30.

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

LSE:AVON' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.15   Med: 45.08   Max: 118.16
Current: 34.75

During the past 13 years, Avon Protection's highest Cyclically Adjusted Price-to-FCF was 118.16. The lowest was 15.15. And the median was 45.08.

LSE:AVON's Cyclically Adjusted Price-to-FCF is ranked better than
50.49% of 103 companies
in the Aerospace & Defense industry
Industry Median: 34.73 vs LSE:AVON: 34.75

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.

Avon Protection's adjusted free cash flow per share data of for the fiscal year that ended in Sep23 was £-0.104. 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 £0.40 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avon Protection Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Avon Protection'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.

Avon Protection Cyclically Adjusted Price-to-FCF Chart

Avon Protection Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.71 110.73 61.03 29.05 15.58

Avon Protection Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 - 29.05 - 15.58 -

Competitive Comparison of Avon Protection's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Avon Protection'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.


Avon Protection's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Avon Protection's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Avon Protection 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.32/0.4
=33.30

* 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.

Avon Protection's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Avon Protection's adjusted Free Cash Flow per Share data for the fiscal year that ended in Sep23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=-0.104/130.1000*130.1000
=-0.104

Current CPI (Sep23) = 130.1000.

Avon Protection Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.484 100.000 0.630
201509 0.349 100.200 0.453
201609 0.751 101.500 0.963
201709 0.886 104.300 1.105
201809 0.730 106.600 0.891
201909 0.390 108.400 0.468
202009 -0.326 109.200 -0.388
202109 -0.571 112.400 -0.661
202209 0.573 122.300 0.610
202309 -0.104 130.100 -0.104

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.


Avon Protection  (LSE:AVON) 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.


Avon Protection Cyclically Adjusted Price-to-FCF Related Terms

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


Avon Protection (LSE:AVON) Business Description

Traded in Other Exchanges
Address
Semington Road, Hampton Park West, Melksham, Wiltshire, GBR, SN12 6NB
Avon Protection PLC is engaged in providing technology that designs and produces life-critical personal protection systems to maximize the performance and capabilities of its customers. The company's portfolio of life-critical protection solutions includes full-face respirators, ballistic helmets, escape hoods, SCBA systems, modular PAPR units, thermal imaging cameras, and underwater equipment for the world's militaries and first responders. The company has two operating and reportable segments, these being Respiratory Protection; which is the key revenue generating segment and the Head Protection. Geographically, the revenue is generated from United States which is the key revenue generating market and Europe.

Avon Protection (LSE:AVON) Headlines

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