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Horizon Global (Horizon Global) Cyclically Adjusted FCF per Share : $0.00 (As of Sep. 2022)


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What is Horizon Global 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.

Horizon Global's adjusted free cash flow per share data for the fiscal year that ended in Dec. 2021 was $-2.332. 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 $0.00 for the trailing ten years ended in Dec. 2021.

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.

As of today (2024-05-05), Horizon Global's current stock price is $ 1.76. Horizon Global's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec. 2021 was $0.00. Horizon Global's Cyclically Adjusted Price-to-FCF of today is .


Horizon Global Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Horizon Global'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.

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Horizon Global Cyclically Adjusted FCF per Share Chart

Horizon Global Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted FCF per Share
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Horizon Global Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Horizon Global's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, Horizon Global'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.


Horizon Global's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Horizon Global's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Horizon Global 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, Horizon Global's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec. 2021 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Dec. 2021 (Change)*Current CPI (Dec. 2021)
=-2.332/117.6295*117.6295
=-2.332

Current CPI (Dec. 2021) = 117.6295.

Horizon Global does not have a history long enough to calculate Cyclically Adjusted FCF per Share. Therefore GuruFocus does not calculate it.


Horizon Global  (NYSE:HZN) 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.


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.


Horizon Global Cyclically Adjusted FCF per Share Related Terms

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


Horizon Global (Horizon Global) Business Description

Traded in Other Exchanges
N/A
Address
47912 Halyard Drive, Suite 100, Plymouth, MI, USA, 48170
Horizon Global Corp designs, manufactures and distributes towing, trailering, cargo management and related products for original equipment to aftermarket, automotive, and retail markets. It holds various brands including draw tite, hayman reese, reese, aqua clear, bulldog, fulton, harper, hidden hitch, highland, laitner, park side, pro series, reese towpower, rola, tekonsha, tow ready, trimotive americas and wesberg. The company's geographical segment includes Horizon Americas and Horizon Europe-Africa.
Executives
Jian James Zhou officer: Chief Financial Officer 47912 HALYARD DRIVE, STE.100, PLYMOUTH MI 48170
John Frederick Barrett director 47912 HALYARD ROAD, SUITE 100, PLYMOUTH MI 48170
Corre Partners Management, Llc director, other: See Remarks 12 EAST 49TH STREET, SUITE 4003, NEW YORK NY 10017
John C Kennedy director GRAND RAPIDS 616- 698 0707, KENTWOOD MI 49512
Ryan L Langdon director 1901 N ROSELLE RD., SUITE 500, SCHAUMBURG IL 60195
Terry Gohl director, officer: President, CEO 27175 HAGGERTY ROAD, NOVI MI 48377
Debra Sue Oler director 3 GRENADIER COURT, LINCOLNSHIRE IL 60069
Donna Costello director 17 STEWART COURT, WESTWOOD NJ 07675
Matthew Pollick officer: Chief Operating Officer 47912 HALYARD ROAD, STE. 100, PLYMOUTH MI 48170
Dennis E. Richardville officer: Chief Financial Officer 47912 HALYARD DRIVE, SUITE 100, PLYMOUTH MI 48170
Matthew Joseph Meyer other: Chief Accounting Officer 47912 HALYARD ROAD, SUITE 100, PLYMOUTH MI 48170
Richard J. Jok officer: Interim Chief Financial Office 47912 HALYARD ROAD, SUITE 100, PLYMOUTH MI 48170
Atlas Capital Resources Ii Lp 10 percent owner ONE SOUND SHORE DRIVE, #203, GREENWICH CT 06830
James F Sistek officer: Chief Administrative Officer ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Harry James Wilson director VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111