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Hexcel (Hexcel) Cyclically Adjusted Price-to-FCF : 34.87 (As of Apr. 28, 2024)


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What is Hexcel Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Hexcel's current share price is $64.16. Hexcel's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.84. Hexcel's Cyclically Adjusted Price-to-FCF for today is 34.87.

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

HXL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.68   Med: 95.22   Max: 541.5
Current: 34.79

During the past years, Hexcel's highest Cyclically Adjusted Price-to-FCF was 541.50. The lowest was 25.68. And the median was 95.22.

HXL's Cyclically Adjusted Price-to-FCF is ranked better than
50% of 110 companies
in the Aerospace & Defense industry
Industry Median: 35.485 vs HXL: 34.79

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.

Hexcel's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.421. 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 $1.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hexcel Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hexcel'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.

Hexcel Cyclically Adjusted Price-to-FCF Chart

Hexcel 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 67.67 38.46 35.00 34.06 39.68

Hexcel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 39.50 44.64 38.00 39.68 39.50

Competitive Comparison of Hexcel's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Hexcel'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.


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

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

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



Hexcel 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=64.16/1.84
=34.87

* 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.

Hexcel's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hexcel'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)
=-0.421/129.4194*129.4194
=-0.421

Current CPI (Mar. 2024) = 129.4194.

Hexcel Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.128 100.560 0.165
201409 0.064 100.428 0.082
201412 0.622 99.070 0.813
201503 -1.120 99.621 -1.455
201506 -0.066 100.684 -0.085
201509 0.320 100.392 0.413
201512 0.843 99.792 1.093
201603 -0.792 100.470 -1.020
201606 0.571 101.688 0.727
201609 0.809 101.861 1.028
201612 0.199 101.863 0.253
201703 -0.337 102.862 -0.424
201706 0.484 103.349 0.606
201709 0.810 104.136 1.007
201712 0.694 104.011 0.864
201803 0.034 105.290 0.042
201806 0.581 106.317 0.707
201809 0.827 106.507 1.005
201812 1.255 105.998 1.532
201903 -0.177 107.251 -0.214
201906 0.848 108.070 1.016
201909 0.659 108.329 0.787
201912 2.031 108.420 2.424
202003 -0.221 108.902 -0.263
202006 0.619 108.767 0.737
202009 0.905 109.815 1.067
202012 1.243 109.897 1.464
202103 -0.073 111.754 -0.085
202106 0.423 114.631 0.478
202109 0.230 115.734 0.257
202112 0.866 117.630 0.953
202203 -0.470 121.301 -0.501
202206 0.239 125.017 0.247
202209 0.208 125.227 0.215
202212 1.161 125.222 1.200
202303 -0.485 127.348 -0.493
202306 -0.037 128.729 -0.037
202309 0.565 129.860 0.563
202312 1.698 129.419 1.698
202403 -0.421 129.419 -0.421

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.


Hexcel  (NYSE:HXL) 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.


Hexcel Cyclically Adjusted Price-to-FCF Related Terms

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


Hexcel (Hexcel) Business Description

Industry
Traded in Other Exchanges
Address
281 Tresser Boulevard, Two Stamford Plaza, 16th Floor, Stamford, CT, USA, 06901
Founded in 1948, Hexcel designs and manufactures a range of high-performance composite fibers, fabrics, resins, and structures for use in commercial aerospace, defense, and other industrial markets. These are engineered to be lighter than metal and perform under rigorous conditions in aircraft frames, wings, engines, and other components and subassemblies. The company's name derives from the six-sided honeycomb structures that lend many of its products their light weight and rigidity. Hexcel's biggest customers are Airbus (38% of 2022 sales) and Boeing (25% of prepandemic sales) and its respective subcontractors.
Executives
Gail E Lehman officer: See Remarks 801 CRESCENT CENTRE DRIVE, SUITE 600, FRANKLIN TN 37067
Marilyn Minus director C/O NORTHEASTERN UNIVERSITY, 360 HUNTINGTON AVENUE, MIE DEPT., 334SN, BOSTON MA 2115-5000
Thierry Merlot officer: See Remarks C/O HEXCEL CORPORATION, 281 TRESSER BLVD., STAMFORD CT 06901--326
Philippe Chevrier officer: See Remarks C/O HEXCEL CORPORATION, TWO STAMFORD PLAZA, 281 TRESSER BLVD., STAMFORD CT 06901
Gina Fitzsimons officer: See Remarks C/O HEXCEL CORPORATION, TWO STAMFORD PLAZA, 281 TRESSER BLVD., STAMFORD CT 06901
Robert George Hennemuth officer: See Remarks C/O HEXCEL CORPORATION, 281 TRESSER BLVD. 16TH FLOOR, STAMFORD CT 06901
Nick L Stanage officer: President 20807 DECATUR STREET, CASSOPOLIS MI 49031
Amy S Evans officer: See Remarks 2701 SPRUCE STREET, QUINCY IL 62301
Kimberly A. Hendricks officer: SVP, Corp. Controller & CAO 521 WEST 57TH STREET, NEW YORK NY 10019
Brett Raymond Schneider officer: President - Global Fibers C/O HEXCEL CORPORATION, 281 TRESSER BLVD., 16TH FLOOR, STAMFORD CT 06901
Timothy Swords officer: President, Industrial C/O HEXCEL CORPORATION, 281 TRESSER BLVD., STAMFORD CT 06901-3261
Pritchett Colleen officer: See Remarks C/O HEXCEL CORPORATION, 281 TRESSER BLVD., 16TH FLOOR, STAMFORD CT 06901
Jeffrey A Graves director C/O C&D TECHNOLOGIES, INC., 1400 UNION MEETING RD, BLUE BELL PA 19422
Patrick Winterlich officer: See Remarks HEXCEL CORPORATION, 281 TRESSER BLVD., STAMFORD CT 06901
Guy C Hachey director 5725 DELPHI DRIVE, TROY MI 48098

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