GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Trinity Industries Inc (NYSE:TRN) » Definitions » Cyclically Adjusted FCF per Share

Trinity Industries (Trinity Industries) Cyclically Adjusted FCF per Share : $-2.73 (As of Mar. 2024)


View and export this data going back to 1987. Start your Free Trial

What is Trinity Industries 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.

Trinity Industries's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-1.196. 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 $-2.73 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -43.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -133.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -2.70% 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 Trinity Industries was 85.00% per year. The lowest was -304.10% per year. And the median was -7.65% per year.

As of today (2024-05-28), Trinity Industries's current stock price is $30.42. Trinity Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-2.73. Trinity Industries's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Trinity Industries was 1375.00. The lowest was 660.33. And the median was 1092.34.


Trinity Industries Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Trinity Industries'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.

Trinity Industries Cyclically Adjusted FCF per Share Chart

Trinity Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.84 -0.83 -0.66 -1.92 -2.43

Trinity Industries 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 -2.00 -2.24 -2.22 -2.43 -2.73

Competitive Comparison of Trinity Industries's Cyclically Adjusted FCF per Share

For the Railroads subindustry, Trinity Industries'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.


Trinity Industries's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Trinity Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Trinity Industries 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, Trinity Industries'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)
=-1.196/131.7762*131.7762
=-1.196

Current CPI (Mar. 2024) = 131.7762.

Trinity Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.992 100.560 -1.300
201409 -0.051 100.428 -0.067
201412 2.326 99.070 3.094
201503 -1.474 99.621 -1.950
201506 -0.069 100.684 -0.090
201509 0.537 100.392 0.705
201512 0.447 99.792 0.590
201603 0.249 100.470 0.327
201606 0.160 101.688 0.207
201609 0.506 101.861 0.655
201612 0.708 101.863 0.916
201703 0.218 102.862 0.279
201706 -0.078 103.349 -0.099
201709 0.296 104.136 0.375
201712 0.423 104.011 0.536
201803 -0.993 105.290 -1.243
201806 -0.107 106.317 -0.133
201809 -1.492 106.507 -1.846
201812 -1.585 105.998 -1.970
201903 -4.557 107.251 -5.599
201906 -0.926 108.070 -1.129
201909 -0.251 108.329 -0.305
201912 -0.518 108.420 -0.630
202003 0.254 108.902 0.307
202006 -0.032 108.767 -0.039
202009 -0.765 109.815 -0.918
202012 0.147 109.897 0.176
202103 -0.414 111.754 -0.488
202106 1.088 114.631 1.251
202109 -0.224 115.734 -0.255
202112 -0.055 117.630 -0.062
202203 -0.777 121.301 -0.844
202206 -5.211 125.017 -5.493
202209 -3.345 125.227 -3.520
202212 -2.330 125.222 -2.452
202303 -1.192 127.348 -1.233
202306 -2.235 128.729 -2.288
202309 -0.232 129.860 -0.235
202312 -1.318 129.419 -1.342
202403 -1.196 131.776 -1.196

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


Trinity Industries  (NYSE:TRN) 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 Trinity Industries was 1375.00. The lowest was 660.33. And the median was 1092.34.


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.


Trinity Industries Cyclically Adjusted FCF per Share Related Terms

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


Trinity Industries (Trinity Industries) Business Description

Industry
Traded in Other Exchanges
Address
14221 N. Dallas Parkway, Suite 1100, Dallas, TX, USA, 75254-2957
Trinity Industries Inc. sells and leases railroad products and railcar maintenance services in North America. The company operates under the name TrinityRail in three main segments: railcar leasing and management services, which owns railcars and provides fleet management and administration services; rail products, which builds, sells, and modifies freight and tank railcars and their components; and all other, which sells highway products such as guardrail and other highway barriers. Customers include railroads, leasing companies, and shipping companies in the industries of agriculture, construction, consumer products, energy, and chemicals.
Executives
Eric R Marchetto other: Officer Trinity Rail 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Gregory B Mitchell other: Chief Commercial Officer 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Scott M Ewing officer: EVP & Chief Legal Officer 14221 N DALLAS PARKWAY SUITE 1100, DALLAS TX 75254
Jean Savage director 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Todd Maclin director P.O. BOX 619100, DALLAS TX 75261
Biesterfeld Robert C Jr director 14701 CHARLSON RD, EDEN PRAIRIE MN 55347
Veena M Lakkundi director 3M COMPANY, 3M CENTER, BLDG 220 09 E-02, ST. PAUL MN 55144-1000
Brian D Madison other: President, TILC 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Valueact Capital Master Fund, L.p. director, 10 percent owner, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Jason G. Anderson director ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129
John L Adams officer: Executive Vice President 2525 STEMMONS FREEWAY, DALLAS TX 75207
Melendy E Lovett director 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
William P Ainsworth director 510 LAKE COOK ROAD, SUITE 100, DEERFIELD X1 60015
Brandon Boze director, 10 percent owner, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Tyrone Michael Jordan director 8501 NORTH SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253

Trinity Industries (Trinity Industries) Headlines