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Applied Industrial Technologies (Applied Industrial Technologies) Cyclically Adjusted FCF per Share : $0.00 (As of Mar. 2024)


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What is Applied Industrial Technologies Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Applied Industrial Technologies's adjusted free cash flow per share for the three months ended in Mar. 2024 was $1.954. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Applied Industrial Technologies's average Cyclically Adjusted FCF Growth Rate was 17.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 10.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Applied Industrial Technologies was 24.80% per year. The lowest was -22.00% per year. And the median was 9.60% per year.

As of today (2024-04-27), Applied Industrial Technologies's current stock price is $180.89. Applied Industrial Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.00. Applied Industrial Technologies's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Applied Industrial Technologies was 34.78. The lowest was 11.00. And the median was 22.48.


Applied Industrial Technologies Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Applied Industrial Technologies's Cyclically Adjusted FCF per Share 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.

Applied Industrial Technologies Cyclically Adjusted FCF per Share Chart

Applied Industrial Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.21 3.44 4.07 4.69 5.34

Applied Industrial Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 4.97 5.34 5.50 5.68 -

Competitive Comparison of Applied Industrial Technologies's Cyclically Adjusted FCF per Share

For the Industrial Distribution subindustry, Applied Industrial Technologies'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.


Applied Industrial Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Applied Industrial Technologies's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Applied Industrial Technologies Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Applied Industrial Technologies'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)
=1.954/129.4194*129.4194
=1.954

Current CPI (Mar. 2024) = 129.4194.

Applied Industrial Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.240 100.560 1.596
201409 -0.507 100.428 -0.653
201412 0.351 99.070 0.459
201503 0.851 99.621 1.106
201506 2.822 100.684 3.627
201509 0.301 100.392 0.388
201512 0.409 99.792 0.530
201603 1.374 100.470 1.770
201606 1.709 101.688 2.175
201609 0.987 101.861 1.254
201612 0.002 101.863 0.003
201703 0.704 102.862 0.886
201706 2.049 103.349 2.566
201709 0.079 104.136 0.098
201712 0.169 104.011 0.210
201803 0.516 105.290 0.634
201806 2.394 106.317 2.914
201809 0.219 106.507 0.266
201812 1.270 105.998 1.551
201903 0.179 107.251 0.216
201906 2.468 108.070 2.956
201909 1.157 108.329 1.382
201912 1.226 108.420 1.463
202003 1.563 108.902 1.857
202006 3.076 108.767 3.660
202009 2.002 109.815 2.359
202012 1.874 109.897 2.207
202103 1.023 111.754 1.185
202106 0.878 114.631 0.991
202109 1.152 115.734 1.288
202112 0.734 117.630 0.808
202203 1.238 121.301 1.321
202206 1.209 125.017 1.252
202209 0.521 125.227 0.538
202212 1.419 125.222 1.467
202303 1.712 127.348 1.740
202306 4.438 128.729 4.462
202309 1.574 129.860 1.569
202312 2.449 129.419 2.449
202403 1.954 129.419 1.954

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Applied Industrial Technologies  (NYSE:AIT) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Applied Industrial Technologies was 34.78. The lowest was 11.00. And the median was 22.48.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Applied Industrial Technologies Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Applied Industrial Technologies's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Applied Industrial Technologies (Applied Industrial Technologies) Business Description

Traded in Other Exchanges
Address
1 Applied Plaza, Cleveland, OH, USA, 44115
Applied Industrial Technologies Inc is a distributor of industrial products to the maintenance, repair, and operations market and the original equipment manufacturing industry. Further, the company provides engineering and design services for industrial and fluid power applications. The products include bearings, power transmission components, fluid power components and systems, industrial rubber products, linear motion components, safety products, oilfield supplies, and other industrial and maintenance supplies. Fluid products include hydraulic, pneumatic, lubrication, and filtration systems and components. Applied Industrial Technologies operates primarily in North America, Australia, and New Zealand.
Executives
Neil A Schrimsher director, officer: President and CEO ONE APPLIED PLAZA, CLEVELAND OH 44115
Peter C Wallace director C/O ROBBINS & MYERS, INC., 51 PLUM STREET, SUITE 260, DAYTON OH 45440
Hoffner Warren E Iii officer: VP-General Mgr, Fluid Power ONE APPLIED PLAZA, CLEVELAND OH 44115
Kurt W. Loring officer: VP-Chief HR Officer ONE APPLIED PLAZA, CLEVELAND OH 44115
Mary Dean Hall director 4920 O'HEAR AVENUE, SUITE 400, NORTH CHARLESTON SC 29405
Jon S Ploetz officer: VP-General Counsel & Secretary ONE APPLIED PLAZA, CLEVELAND OH 44115
Fred D Bauer officer: VP-General Counsel & Secretary ONE APPLIED PLZ, CLEVELAND OH 44115-5056
Vincent K Petrella director
Shelly Marie Chadwick director 6070 PARKLAND BLVD, MAYFIELD HTS. OH 44124
Christopher Macey other: Corporate Controller 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Peter A Dorsman director
Jason W Vasquez officer: VP-Sales & Marketing-USSC ONE APPLIED PLAZA, CLEVELAND OH 44115
Jerry Sue Thornton director C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD, BASKING RIDGE NJ 07920
Madhuri A Andrews director 2525 STEMMONS FRWY, DALLAS TX 75207
Green Edith Kelly director 3131 DEMOCRAT ROAD BLDG B206, MEMPHIS TN 38118