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Luxfer Holdings (FRA:LX4A) Cyclically Adjusted FCF per Share : €0.78 (As of Mar. 2024)


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What is Luxfer Holdings 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.

Luxfer Holdings's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.079. 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 €0.78 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Luxfer Holdings's average Cyclically Adjusted FCF Growth Rate was 21.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -7.50% 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 Luxfer Holdings was -6.50% per year. The lowest was -7.50% per year. And the median was -7.00% per year.

As of today (2024-06-01), Luxfer Holdings's current stock price is €10.90. Luxfer Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.78. Luxfer Holdings's Cyclically Adjusted Price-to-FCF of today is 13.97.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Luxfer Holdings was 23.80. The lowest was 9.30. And the median was 16.06.


Luxfer Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Luxfer Holdings'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.

Luxfer Holdings Cyclically Adjusted FCF per Share Chart

Luxfer Holdings 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 0.88 0.80 1.04 0.74 0.75

Luxfer Holdings 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 0.63 0.70 0.70 0.75 0.78

Competitive Comparison of Luxfer Holdings's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Luxfer Holdings'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.


Luxfer Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Luxfer Holdings 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, Luxfer Holdings'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)
=0.079/131.7762*131.7762
=0.079

Current CPI (Mar. 2024) = 131.7762.

Luxfer Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.253 100.560 -0.332
201409 0.107 100.428 0.140
201412 0.259 99.070 0.345
201503 0.183 99.621 0.242
201506 0.429 100.684 0.561
201509 0.302 100.392 0.396
201512 0.253 99.792 0.334
201603 -0.013 100.470 -0.017
201606 0.183 101.688 0.237
201609 0.060 101.861 0.078
201612 -0.103 101.863 -0.133
201703 0.242 102.862 0.310
201706 0.236 103.349 0.301
201709 0.228 104.136 0.289
201712 0.222 104.011 0.281
201803 0.211 105.290 0.264
201806 0.239 106.317 0.296
201809 0.397 106.507 0.491
201812 0.569 105.998 0.707
201903 -0.360 107.251 -0.442
201906 -0.371 108.070 -0.452
201909 -0.039 108.329 -0.047
201912 0.534 108.420 0.649
202003 -0.227 108.902 -0.275
202006 0.384 108.767 0.465
202009 0.782 109.815 0.938
202012 0.314 109.897 0.377
202103 0.413 111.754 0.487
202106 0.207 114.631 0.238
202109 0.233 115.734 0.265
202112 -0.365 117.630 -0.409
202203 -0.338 121.301 -0.367
202206 0.021 125.017 0.022
202209 0.048 125.227 0.051
202212 0.555 125.222 0.584
202303 -0.566 127.348 -0.586
202306 0.351 128.729 0.359
202309 0.309 129.860 0.314
202312 0.481 129.419 0.490
202403 0.079 131.776 0.079

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


Luxfer Holdings  (FRA:LX4A) 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.

Luxfer Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.90/0.78
=13.97

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Luxfer Holdings was 23.80. The lowest was 9.30. And the median was 16.06.


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.


Luxfer Holdings Cyclically Adjusted FCF per Share Related Terms

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


Luxfer Holdings (FRA:LX4A) Business Description

Traded in Other Exchanges
Address
8989 North Port Washington Road, Suite 211, Milwaukee, WI, USA, 53217
Luxfer Holdings PLC is a global manufacturer of highly-engineered industrial materials which focuses on value creation by using its broad array of technical know-how and proprietary technologies. Its high-performance materials, components and high-pressure gas containment devices are used in defense and emergency response, healthcare, transportation and general industrial applications. It focuses primarily on product lines related to magnesium alloys, zirconium chemicals and carbon composites. Its product areas, include magnesium aerospace alloys, photo-engraving plates, zirconium chemicals for automotive catalytic converters and high-pressure composite cylinders for breathing applications and a wide variety of other uses. Its segments are Elektron and Gas Cylinders.

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