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Canadian Pacific Kansas City (TSX:CP) Cyclically Adjusted Price-to-FCF : 52.36 (As of Jun. 10, 2024)


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What is Canadian Pacific Kansas City Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Canadian Pacific Kansas City's current share price is C$106.29. Canadian Pacific Kansas City's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$2.03. Canadian Pacific Kansas City's Cyclically Adjusted Price-to-FCF for today is 52.36.

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

TSX:CP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 50   Med: 96.98   Max: 1275.3
Current: 52.45

During the past years, Canadian Pacific Kansas City's highest Cyclically Adjusted Price-to-FCF was 1275.30. The lowest was 50.00. And the median was 96.98.

TSX:CP's Cyclically Adjusted Price-to-FCF is ranked worse than
82.05% of 429 companies
in the Transportation industry
Industry Median: 17.79 vs TSX:CP: 52.45

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.

Canadian Pacific Kansas City's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$0.518. 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 C$2.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canadian Pacific Kansas City Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Canadian Pacific Kansas City'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.

Canadian Pacific Kansas City Cyclically Adjusted Price-to-FCF Chart

Canadian Pacific Kansas City 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 80.56 86.08 61.31 55.15 53.35

Canadian Pacific Kansas City 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 54.82 55.81 52.24 53.35 58.94

Competitive Comparison of Canadian Pacific Kansas City's Cyclically Adjusted Price-to-FCF

For the Railroads subindustry, Canadian Pacific Kansas City'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.


Canadian Pacific Kansas City's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Canadian Pacific Kansas City's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Canadian Pacific Kansas City's Cyclically Adjusted Price-to-FCF falls into.



Canadian Pacific Kansas City 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.

Canadian Pacific Kansas City's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=106.29/2.03
=52.36

* 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.

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

For example, Canadian Pacific Kansas City'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)
=0.518/126.2576*126.2576
=0.518

Current CPI (Mar. 2024) = 126.2576.

Canadian Pacific Kansas City Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.395 99.473 0.501
201409 0.138 99.394 0.175
201412 0.168 98.367 0.216
201503 0.351 99.789 0.444
201506 0.279 100.500 0.351
201509 0.311 100.421 0.391
201512 0.218 99.947 0.275
201603 -0.078 101.054 -0.097
201606 0.239 102.002 0.296
201609 0.401 101.765 0.498
201612 0.663 101.449 0.825
201703 0.110 102.634 0.135
201706 0.361 103.029 0.442
201709 0.285 103.345 0.348
201712 0.396 103.345 0.484
201803 0.215 105.004 0.259
201806 0.416 105.557 0.498
201809 0.340 105.636 0.406
201812 0.653 105.399 0.782
201903 0.269 106.979 0.317
201906 0.374 107.690 0.438
201909 0.518 107.611 0.608
201912 0.774 107.769 0.907
202003 0.195 107.927 0.228
202006 0.489 108.401 0.570
202009 0.013 108.164 0.015
202012 0.972 108.559 1.130
202103 0.387 110.298 0.443
202106 2.296 111.720 2.595
202109 0.263 112.905 0.294
202112 0.254 113.774 0.282
202203 0.415 117.646 0.445
202206 0.361 120.806 0.377
202209 0.729 120.648 0.763
202212 1.266 120.964 1.321
202303 0.510 122.702 0.525
202306 0.274 124.203 0.279
202309 0.294 125.230 0.296
202312 0.676 125.072 0.682
202403 0.518 126.258 0.518

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.


Canadian Pacific Kansas City  (TSX:CP) 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.


Canadian Pacific Kansas City Cyclically Adjusted Price-to-FCF Related Terms

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


Canadian Pacific Kansas City (TSX:CP) Business Description

Traded in Other Exchanges
Address
7550 Ogden Dale Road S.E., Calgary, AB, CAN, T2C 4X9
Canadian Pacific Kansas City is a Class-1 railroad operating on track that spans across most of Canada and into parts of the Midwestern and Northeastern United States. Following the April 2023 Kansas City Southern merger, CP operates new single-line-haul services from Canada and the Upper Midwest down through Texas, the Gulf of Mexico, and into Mexico. It also hauls cross border and intra Mexico freight via operating concessions on 3,300 miles of rail in Mexico. CP hauls shipments of grain, intermodal containers, energy products (like crude and frac sand), chemicals, plastics, coal, fertilizer and potash, automotive products, and a diverse mix of other merchandise.
Executives
Keith E. Creel Senior Officer