GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Advance Auto Parts Inc (STU:AWN) » Definitions » Cyclically Adjusted Price-to-FCF

Advance Auto Parts (STU:AWN) Cyclically Adjusted Price-to-FCF : 9.23 (As of May. 26, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Advance Auto Parts Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Advance Auto Parts's current share price is €64.52. Advance Auto Parts's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €6.99. Advance Auto Parts's Cyclically Adjusted Price-to-FCF for today is 9.23.

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

STU:AWN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.6   Med: 25.39   Max: 42.19
Current: 9.04

During the past years, Advance Auto Parts's highest Cyclically Adjusted Price-to-FCF was 42.19. The lowest was 6.60. And the median was 25.39.

STU:AWN's Cyclically Adjusted Price-to-FCF is ranked better than
65.58% of 430 companies
in the Retail - Cyclical industry
Industry Median: 12.71 vs STU:AWN: 9.04

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.

Advance Auto Parts's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €3.101. 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 €6.99 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Advance Auto Parts Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Advance Auto Parts'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.

Advance Auto Parts Cyclically Adjusted Price-to-FCF Chart

Advance Auto Parts 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 25.22 23.06 31.12 18.39 7.93

Advance Auto Parts 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 18.39 16.85 9.58 7.39 7.93

Competitive Comparison of Advance Auto Parts's Cyclically Adjusted Price-to-FCF

For the Specialty Retail subindustry, Advance Auto Parts'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.


Advance Auto Parts's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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



Advance Auto Parts 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.

Advance Auto Parts's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=64.52/6.99
=9.23

* 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.

Advance Auto Parts's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Advance Auto Parts'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)
=3.101/129.4194*129.4194
=3.101

Current CPI (Dec. 2023) = 129.4194.

Advance Auto Parts Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.203 99.695 0.264
201406 1.942 100.560 2.499
201409 1.738 100.428 2.240
201412 1.123 99.070 1.467
201503 0.567 99.621 0.737
201506 2.069 100.684 2.659
201509 1.722 100.392 2.220
201512 1.355 99.792 1.757
201603 -0.008 100.470 -0.010
201606 0.858 101.688 1.092
201609 1.837 101.861 2.334
201612 0.525 101.863 0.667
201703 -0.381 102.862 -0.479
201706 2.104 103.349 2.635
201709 1.076 104.136 1.337
201712 1.949 104.011 2.425
201803 1.306 105.290 1.605
201806 3.028 106.317 3.686
201809 2.243 106.507 2.726
201812 0.491 105.998 0.599
201903 1.758 107.251 2.121
201906 2.919 108.070 3.496
201909 2.038 108.329 2.435
201912 -1.859 108.420 -2.219
202003 -0.943 108.902 -1.121
202006 4.872 108.767 5.797
202009 3.781 109.815 4.456
202012 1.033 109.897 1.217
202103 3.292 111.754 3.812
202106 4.933 114.631 5.569
202109 1.172 115.734 1.311
202112 1.172 117.630 1.289
202203 -2.497 121.301 -2.664
202206 4.157 125.017 4.303
202209 0.872 125.227 0.901
202212 2.547 125.222 2.632
202303 -7.354 127.348 -7.474
202306 2.469 128.729 2.482
202309 2.398 129.860 2.390
202312 3.101 129.419 3.101

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.


Advance Auto Parts  (STU:AWN) 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.


Advance Auto Parts Cyclically Adjusted Price-to-FCF Related Terms

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


Advance Auto Parts (STU:AWN) Business Description

Traded in Other Exchanges
Address
4200 Six Forks Road, Raleigh, NC, USA, 27609
Advance Auto Parts is one of the industry's largest retailers of aftermarket automotive parts, tools, and accessories to do-it-yourself customers and third-party vehicle repair facilities in North America. Advance operated 5,086 stores as of the end of 2022, in addition to servicing 1,311 independently owned Carquest stores. The company's Worldpac chain is a premier distributor of imported original-equipment parts. Advance derived 59% of its 2022 sales from commercial clients, with the remainder from DIY shoppers.

Advance Auto Parts (STU:AWN) Headlines

No Headlines