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Techtronic Industries Co (Techtronic Industries Co) Cyclically Adjusted Price-to-FCF : 115.75 (As of Apr. 27, 2024)


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What is Techtronic Industries Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Techtronic Industries Co's current share price is $69.45. Techtronic Industries Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $0.60. Techtronic Industries Co's Cyclically Adjusted Price-to-FCF for today is 115.75.

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

TTNDY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 59.53   Med: 128.59   Max: 287.41
Current: 117.78

During the past 13 years, Techtronic Industries Co's highest Cyclically Adjusted Price-to-FCF was 287.41. The lowest was 59.53. And the median was 128.59.

TTNDY's Cyclically Adjusted Price-to-FCF is ranked worse than
83.96% of 1016 companies
in the Industrial Products industry
Industry Median: 32.505 vs TTNDY: 117.78

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.

Techtronic Industries Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $3.349. 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 $0.60 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Techtronic Industries Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Techtronic Industries Co'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.

Techtronic Industries Co Cyclically Adjusted Price-to-FCF Chart

Techtronic Industries Co 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 80.41 106.78 290.08 162.41 99.90

Techtronic Industries Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 290.08 - 162.41 - 99.90

Competitive Comparison of Techtronic Industries Co's Cyclically Adjusted Price-to-FCF

For the Tools & Accessories subindustry, Techtronic Industries Co'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.


Techtronic Industries Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Techtronic Industries Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Techtronic Industries Co 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.

Techtronic Industries Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=69.45/0.6
=115.75

* 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.

Techtronic Industries Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Techtronic Industries Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=3.349/117.2957*117.2957
=3.349

Current CPI (Dec23) = 117.2957.

Techtronic Industries Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.229 99.707 0.269
201512 0.187 102.015 0.215
201612 0.763 103.225 0.867
201712 0.716 104.984 0.800
201812 1.085 107.622 1.183
201912 0.297 110.700 0.315
202012 1.476 109.711 1.578
202112 -3.146 112.349 -3.285
202212 0.673 114.548 0.689
202312 3.349 117.296 3.349

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.


Techtronic Industries Co  (OTCPK:TTNDY) 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.


Techtronic Industries Co Cyclically Adjusted Price-to-FCF Related Terms

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


Techtronic Industries Co (Techtronic Industries Co) Business Description

Traded in Other Exchanges
Address
51 Kwai Cheong Road, 29th Floor, Tower 2, Kowloon Commerce Centre, Kwai Chung, New Territories, Hong Kong, HKG
Techtronic Industries Co Ltd is a designer and manufacturer of power tools. It operates in two segments namely Power Equipment and Floorcare and Cleaning. The company generates maximum revenue from the Power Equipment segment. Its Power Equipment segment includes sales of power tools, power tool accessories, outdoor products, and outdoor product accessories for consumer, trade, professional and industrial users. The products are available under the MILWAUKEE, EMPIRE, AEG, RYOBI and HOMELITE brands plus original equipment manufacturer (OEM) customers. Geographically, it derives a majority of its revenue from North America.