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SPX Technologies (SPX Technologies) Cyclically Adjusted Price-to-FCF : 78.53 (As of Jun. 08, 2024)


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What is SPX Technologies Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), SPX Technologies's current share price is $132.71. SPX Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.69. SPX Technologies's Cyclically Adjusted Price-to-FCF for today is 78.53.

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

SPXC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.58   Med: 13.66   Max: 85.41
Current: 78.58

During the past years, SPX Technologies's highest Cyclically Adjusted Price-to-FCF was 85.41. The lowest was 2.58. And the median was 13.66.

SPXC's Cyclically Adjusted Price-to-FCF is ranked worse than
89.85% of 581 companies
in the Construction industry
Industry Median: 17.76 vs SPXC: 78.58

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.

SPX Technologies's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.013. 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 $1.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SPX Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SPX Technologies'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.

SPX Technologies Cyclically Adjusted Price-to-FCF Chart

SPX Technologies 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 32.15 37.93 40.49 52.75 69.65

SPX 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 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 47.66 35.73 40.89 69.65 72.91

Competitive Comparison of SPX Technologies's Cyclically Adjusted Price-to-FCF

For the Building Products & Equipment subindustry, SPX 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.


SPX Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



SPX Technologies 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=132.71/1.69
=78.53

* 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.

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

For example, SPX 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)
=0.013/131.7762*131.7762
=0.013

Current CPI (Mar. 2024) = 131.7762.

SPX Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.223 100.560 -1.603
201409 1.139 100.428 1.495
201412 3.311 99.070 4.404
201503 -2.755 99.621 -3.644
201506 0.128 100.684 0.168
201509 -0.502 100.392 -0.659
201512 1.756 99.792 2.319
201603 -1.538 100.470 -2.017
201606 0.500 101.688 0.648
201609 -0.242 101.861 -0.313
201612 0.942 101.863 1.219
201703 -0.012 102.862 -0.015
201706 -0.472 103.349 -0.602
201709 0.061 104.136 0.077
201712 1.208 104.011 1.530
201803 -0.020 105.290 -0.025
201806 0.004 106.317 0.005
201809 0.134 106.507 0.166
201812 2.078 105.998 2.583
201903 0.154 107.251 0.189
201906 0.298 108.070 0.363
201909 0.859 108.329 1.045
201912 1.680 108.420 2.042
202003 -0.088 108.902 -0.106
202006 0.482 108.767 0.584
202009 0.564 109.815 0.677
202012 1.459 109.897 1.749
202103 1.252 111.754 1.476
202106 0.359 114.631 0.413
202109 1.535 115.734 1.748
202112 0.401 117.630 0.449
202203 -1.277 121.301 -1.387
202206 -0.933 125.017 -0.983
202209 -0.390 125.227 -0.410
202212 -0.698 125.222 -0.735
202303 -0.181 127.348 -0.187
202306 1.443 128.729 1.477
202309 0.141 129.860 0.143
202312 2.547 129.419 2.593
202403 0.013 131.776 0.013

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.


SPX Technologies  (NYSE:SPXC) 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.


SPX Technologies Cyclically Adjusted Price-to-FCF Related Terms

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


SPX Technologies (SPX Technologies) Business Description

Industry
Traded in Other Exchanges
Address
6325 Ardrey Kell Road, Suite 400, Charlotte, NC, USA, 28277
SPX Technologies Inc supplies engineered heating, ventilation, and air conditioning, or HVAC, products, as well as detection and measurement technologies and power equipment. The company operates through three segments. The HVAC segment designs, manufactures, installs, and services cooling products, as well as heating and ventilation products. The detection and measurement technologies segment designs, manufactures, and installs underground pipe and cable locators and inspection equipment, bus-fare collection systems, and others. The Engineered Solutions segment engineers, designs, manufactures, installs and services transformers for the power transmission and distribution market. The company generates almost all of its revenue from American domestic market.
Executives
Natausha Heleena White officer: VP and CHRO C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
J Randall Data officer: Pres. - S. Africa & Global Op. 13024 BALLANTYNE CORPORATE PLACE, SUITE 700, CHARLOTTE NC 28277
Wayne M. Mclaren officer: Chief Accounting Officer C/O SPX CORPORATION, 6325 ARDREY KELL ROAD, CHARLOTTE NC 28277
John Webster Nurkin officer: VP, Gen. Counsel & Secretary C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Mark A Carano officer: VP, CFO & Treasurer 13024 BALLANTYNE CORPORATE PLACE, #700, CHARLOTTE NC 28277
Sean Mcclenaghan officer: PRESIDENT, GLOBAL COOLING SPX TECHNOLOGIES, INC., 6325 ARDREY KELL ROAD, SUITE 400, CHARLOTTE NC 28277
Swann John William Iii officer: Pres., Heating and Location & C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Michael Andrew Reilly officer: Corp. Controller and CAO 2007 CHANNELSTONE WAY, MATTHEWS NC 28104
Lowe Eugene Joseph Iii director, officer: President and CEO 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
James E Harris officer: VP, CFO and Treasurer C/O RXO, INC., 11215 N. COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Ankush Kumar officer: President, SPX Global Cooling C/O SPX CORPORATION, 6325 ARDREY KELL ROAD, CHARLOTTE NC 28277
Brian G. Mason officer: Pres. - SPX Transformer Sol. C/O SPX CORPORATION, 13320-A BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Angel S Willis director C/O SEALED AIR CORPORATION, 2415 CASCADE POINTE BOULEVARD, CHARLOTTE NC 28208
Scott William Sproule officer: VP, CFO and Treasurer C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Meenal Sethna director 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631

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