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Snap-on (BSP:S1NA34) Cyclically Adjusted Price-to-FCF : 20.24 (As of May. 17, 2024)


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What is Snap-on Cyclically Adjusted Price-to-FCF?

As of today (2024-05-17), Snap-on's current share price is R$356.00. Snap-on's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$17.59. Snap-on's Cyclically Adjusted Price-to-FCF for today is 20.24.

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

BSP:S1NA34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.23   Med: 26.79   Max: 43.89
Current: 19.49

During the past years, Snap-on's highest Cyclically Adjusted Price-to-FCF was 43.89. The lowest was 13.23. And the median was 26.79.

BSP:S1NA34's Cyclically Adjusted Price-to-FCF is ranked better than
71.44% of 1033 companies
in the Industrial Products industry
Industry Median: 33.75 vs BSP:S1NA34: 19.49

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.

Snap-on's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$7.583. 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 R$17.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Snap-on Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Snap-on'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.

Snap-on Cyclically Adjusted Price-to-FCF Chart

Snap-on 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 24.77 20.18 20.30 19.29 21.39

Snap-on 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 19.86 22.50 19.24 21.39 20.86

Competitive Comparison of Snap-on's Cyclically Adjusted Price-to-FCF

For the Tools & Accessories subindustry, Snap-on'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.


Snap-on's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Snap-on 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.

Snap-on's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=356.00/17.59
=20.24

* 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.

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

For example, Snap-on'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)
=7.583/131.7762*131.7762
=7.583

Current CPI (Mar. 2024) = 131.7762.

Snap-on Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.964 100.560 1.263
201409 0.651 100.428 0.854
201412 0.946 99.070 1.258
201503 0.797 99.621 1.054
201506 1.745 100.684 2.284
201509 1.572 100.392 2.063
201512 2.282 99.792 3.013
201603 1.897 100.470 2.488
201606 2.039 101.688 2.642
201609 1.308 101.861 1.692
201612 2.016 101.863 2.608
201703 2.292 102.862 2.936
201706 1.554 103.349 1.981
201709 0.975 104.136 1.234
201712 2.410 104.011 3.053
201803 3.034 105.290 3.797
201806 2.736 106.317 3.391
201809 1.790 106.507 2.215
201812 3.310 105.998 4.115
201903 3.089 107.251 3.795
201906 2.023 108.070 2.467
201909 1.878 108.329 2.284
201912 3.232 108.420 3.928
202003 4.358 108.902 5.273
202006 5.723 108.767 6.934
202009 5.269 109.815 6.323
202012 6.870 109.897 8.238
202103 7.670 111.754 9.044
202106 4.998 114.631 5.746
202109 4.091 115.734 4.658
202112 5.334 117.630 5.975
202203 3.979 121.301 4.323
202206 2.780 125.017 2.930
202209 2.663 125.227 2.802
202212 4.546 125.222 4.784
202303 6.710 127.348 6.943
202306 5.494 128.729 5.624
202309 5.963 129.860 6.051
202312 6.303 129.419 6.418
202403 7.583 131.776 7.583

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.


Snap-on  (BSP:S1NA34) 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.


Snap-on Cyclically Adjusted Price-to-FCF Related Terms

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


Snap-on (BSP:S1NA34) Business Description

Industry
Traded in Other Exchanges
Address
2801 80th Street, Kenosha, WI, USA, 53143
Snap-on manufactures premium tools and software for repair professionals. Hand tools are sold through franchisee-operated mobile vans that serve auto technicians who purchase tools at their own expense. A unique element of its business model is that franchisees bear significant risk, as they must invest in the mobile van, inventory, and software. At the same time, franchisees extend personal credit directly to technicians on an individual tool basis. Snap-on currently operates three segments: repair systems and information, commercial and industrial, and tools. Its finance arm provides financing to franchisees to run their operations, which includes offering loans and leases for mobile vans.

Snap-on (BSP:S1NA34) Headlines

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