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Alamo Group (Alamo Group) Cyclically Adjusted Price-to-FCF : 40.60 (As of Apr. 27, 2024)


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What is Alamo Group Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Alamo Group's current share price is $198.52. Alamo Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.89. Alamo Group's Cyclically Adjusted Price-to-FCF for today is 40.60.

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

ALG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.11   Med: 31   Max: 46.69
Current: 40.6

During the past years, Alamo Group's highest Cyclically Adjusted Price-to-FCF was 46.69. The lowest was 22.11. And the median was 31.00.

ALG's Cyclically Adjusted Price-to-FCF is ranked worse than
63.64% of 99 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 26.88 vs ALG: 40.60

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.

Alamo Group's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $3.619. 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 $4.89 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alamo Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alamo Group'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.

Alamo Group Cyclically Adjusted Price-to-FCF Chart

Alamo Group 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 41.90 33.83 32.54 34.02 42.99

Alamo Group 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 34.02 41.69 38.76 37.09 42.99

Competitive Comparison of Alamo Group's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, Alamo Group'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.


Alamo Group's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Alamo Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Alamo Group 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.

Alamo Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=198.52/4.89
=40.60

* 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.

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

For example, Alamo Group'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)
=3.619/129.4194*129.4194
=3.619

Current CPI (Dec. 2023) = 129.4194.

Alamo Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.761 99.695 -2.286
201406 0.176 100.560 0.227
201409 3.045 100.428 3.924
201412 0.235 99.070 0.307
201503 -1.294 99.621 -1.681
201506 0.081 100.684 0.104
201509 3.310 100.392 4.267
201512 1.109 99.792 1.438
201603 -0.592 100.470 -0.763
201606 0.486 101.688 0.619
201609 3.638 101.861 4.622
201612 2.156 101.863 2.739
201703 -0.318 102.862 -0.400
201706 0.844 103.349 1.057
201709 2.224 104.136 2.764
201712 2.141 104.011 2.664
201803 -3.049 105.290 -3.748
201806 -0.234 106.317 -0.285
201809 1.983 106.507 2.410
201812 0.119 105.998 0.145
201903 -3.196 107.251 -3.857
201906 2.214 108.070 2.651
201909 3.068 108.329 3.665
201912 2.765 108.420 3.301
202003 -0.153 108.902 -0.182
202006 4.051 108.767 4.820
202009 6.316 109.815 7.444
202012 3.832 109.897 4.513
202103 -1.016 111.754 -1.177
202106 1.018 114.631 1.149
202109 2.413 115.734 2.698
202112 -0.370 117.630 -0.407
202203 -4.980 121.301 -5.313
202206 0.083 125.017 0.086
202209 1.145 125.227 1.183
202212 2.337 125.222 2.415
202303 -0.651 127.348 -0.662
202306 2.230 128.729 2.242
202309 2.587 129.860 2.578
202312 3.619 129.419 3.619

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.


Alamo Group  (NYSE:ALG) 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.


Alamo Group Cyclically Adjusted Price-to-FCF Related Terms

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


Alamo Group (Alamo Group) Business Description

Traded in Other Exchanges
Address
1627 East Walnut, Seguin, TX, USA, 78155
Alamo Group Inc is engaged in the design and manufacturing of agricultural equipment and infrastructure maintenance equipment. Its products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, excavators, vacuum trucks, snow removal equipment, leaf collection equipment, pothole patchers, zero-turn radius mowers, agricultural implements, and related aftermarket parts. The company's reportable segments are Vegetation Management and Industrial Equipment. It generates a majority of its revenue from Vegetation Management. Geographically, the company generates majority of the revenue from the United States.
Executives
Richard Hodges Raborn officer: VP & Gen Mgr Agricultural Div 1627 E. WALNUT ST., SEGUIN TX 78155
Richard J Wehrle officer: VP and Controller 1502 EAST WALNUT, SEGIN TX 78155
Dan Edward Malone officer: EVP & CFO 1502 E WALNUT ST, SEGUIN TX 78155
Edward Rizzuti officer: VP & General Counsel 5550 SW MACADAM AVENUE, SUITE 200, PORTLAND OR 97239
Eric Etchart director ROOM F, 22F CROSS REGION PLAZA, 899 LINGLING ROAD, SHANGHAI F4 200030
Jeffery Allen Leonard other: EVP NA Industrial Div (USA) 1627 E WALNUT ST, SEGUIN TX 78155
Robert P Bauer director 415 HOLIDAY DRIVE, PITTSBURGH PA 15220
Nina C Grooms director 1627 E WALNUT ST, SEGUIN TX 78155
Ronald A Robinson director, officer: President & CEO 1627 EAST WALNUT, SEGUIN TX 78155
Janet S Pollock officer: VP, Human Resources 1627 E WALNUT ST., SEGUIN TX 78155
Michael A Haberman officer: EVP 1627 E WALNUT ST, SEGUIN TX 78155
Lorie Tekorius director ONE CENTERPOINTE DRIVE, SUITE 200, LAKE OSWEGO OR 97035
Lori L Sullivan officer: VP, Internal Audit 1627 E WALNUT ST, SEGUIN TX 78155-5259
David W Grzelak director 1502 E WALNUT ST, SEGUIN TX 78155
Rick Parod director 2707 N 108TH STREET STE102, OMAHA NE 68164