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Adient (FRA:18I) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Adient Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Adient Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Adient'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.

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Adient Cyclically Adjusted Price-to-FCF Chart

Adient Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
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Adient Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Adient's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Adient'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.


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

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

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



Adient 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.

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

For example, Adient'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)
=0.122/120.9901*120.9901
=0.122

Current CPI (Mar. 2024) = 120.9901.

Adient Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 0.000 100.274 0.000
201409 0.000 100.474 0.000
201412 -2.420 99.576 -2.940
201503 -1.927 99.975 -2.332
201506 2.744 100.573 3.301
201509 1.001 100.274 1.208
201512 -0.177 99.676 -0.215
201603 1.210 99.676 1.469
201606 0.228 101.072 0.273
201609 -15.276 100.274 -18.432
201612 -2.221 99.676 -2.696
201703 0.606 100.374 0.730
201706 0.398 100.673 0.478
201709 2.564 100.474 3.088
201712 -2.448 100.075 -2.960
201803 -1.268 100.573 -1.525
201806 2.302 101.072 2.756
201809 2.820 101.371 3.366
201812 -2.557 100.773 -3.070
201903 0.568 101.670 0.676
201906 1.588 102.168 1.881
201909 -1.122 102.268 -1.327
201912 1.422 102.068 1.686
202003 -1.447 102.367 -1.710
202006 -4.993 101.769 -5.936
202009 4.073 101.072 4.876
202012 1.387 101.072 1.660
202103 -1.278 102.367 -1.510
202106 1.427 103.364 1.670
202109 -1.558 104.859 -1.798
202112 -0.692 106.653 -0.785
202203 -0.268 109.245 -0.297
202206 -0.299 112.779 -0.321
202209 1.901 113.504 2.026
202212 -0.167 115.436 -0.175
202303 0.686 117.609 0.706
202306 1.391 119.662 1.406
202309 2.165 120.749 2.169
202312 -0.137 120.749 -0.137
202403 0.122 120.990 0.122

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.


Adient  (FRA:18I) 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.


Adient Cyclically Adjusted Price-to-FCF Related Terms

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


Adient (FRA:18I) Business Description

Industry
Traded in Other Exchanges
Address
3 Dublin Landings, North Wall Quay, IFSC, Dublin 1, Dublin, IRL, D01 H104
Adient began trading Oct. 31, 2016, when Johnson Controls spun off its automotive experience segment into this new company. Adient is the leading seating supplier to the industry with about one third of the global market. Its share in China is now nearly 20%, down from about 45%, following the sale of its main joint venture there at the end of fiscal 2021. Unconsolidated seating revenue from joint ventures after factoring in the sale was about $3.8 billion in fiscal 2023 and consolidated China revenue was $1.4 billion. The company is headquartered in Ireland but has corporate offices in the Detroit area. Fiscal 2023 (Sept. 30 year-end) consolidated revenue, which excludes joint venture sales, was $15.4 billion.

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