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ITT (FRA:2II) Cyclically Adjusted Price-to-FCF : 50.20 (As of May. 09, 2024)


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What is ITT Cyclically Adjusted Price-to-FCF?

As of today (2024-05-09), ITT's current share price is €125.00. ITT's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.49. ITT's Cyclically Adjusted Price-to-FCF for today is 50.20.

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

FRA:2II' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.46   Med: 33.18   Max: 6340
Current: 50.71

During the past years, ITT's highest Cyclically Adjusted Price-to-FCF was 6340.00. The lowest was 6.46. And the median was 33.18.

FRA:2II's Cyclically Adjusted Price-to-FCF is ranked worse than
65.34% of 1030 companies
in the Industrial Products industry
Industry Median: 33.025 vs FRA:2II: 50.71

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.

ITT's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.334. 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 €2.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ITT Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ITT'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.

ITT Cyclically Adjusted Price-to-FCF Chart

ITT 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 - 81.60 50.63 37.89 45.75

ITT 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 38.30 39.79 38.38 45.75 50.57

Competitive Comparison of ITT's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, ITT'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.


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

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

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



ITT 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=125.00/2.49
=50.20

* 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.

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

For example, ITT'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)
=0.334/129.4194*129.4194
=0.334

Current CPI (Mar. 2024) = 129.4194.

ITT Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.528 100.560 0.680
201409 0.153 100.428 0.197
201412 0.594 99.070 0.776
201503 -0.225 99.621 -0.292
201506 0.627 100.684 0.806
201509 0.405 100.392 0.522
201512 0.604 99.792 0.783
201603 -0.077 100.470 -0.099
201606 0.393 101.688 0.500
201609 0.515 101.861 0.654
201612 0.611 101.863 0.776
201703 -0.111 102.862 -0.140
201706 0.490 103.349 0.614
201709 0.563 104.136 0.700
201712 0.319 104.011 0.397
201803 0.114 105.290 0.140
201806 0.572 106.317 0.696
201809 1.056 106.507 1.283
201812 0.904 105.998 1.104
201903 0.125 107.251 0.151
201906 0.439 108.070 0.526
201909 0.993 108.329 1.186
201912 1.155 108.420 1.379
202003 0.323 108.902 0.384
202006 1.406 108.767 1.673
202009 1.000 109.815 1.179
202012 0.968 109.897 1.140
202103 0.517 111.754 0.599
202106 -3.074 114.631 -3.471
202109 0.858 115.734 0.959
202112 0.860 117.630 0.946
202203 -0.350 121.301 -0.373
202206 0.448 125.017 0.464
202209 0.422 125.227 0.436
202212 1.505 125.222 1.555
202303 0.330 127.348 0.335
202306 1.363 128.729 1.370
202309 1.676 129.860 1.670
202312 1.455 129.419 1.455
202403 0.334 129.419 0.334

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.


ITT  (FRA:2II) 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.


ITT Cyclically Adjusted Price-to-FCF Related Terms

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


ITT (FRA:2II) Business Description

Industry
Traded in Other Exchanges
Address
100 Washington Boulevard, 6th Floor, Stamford, CT, USA, 06902
ITT is a diversified industrial conglomerate with over $3 billion in sales. After the spinoffs of Xylem and Exelis in 2011, the company's products primarily include brake pads, shock absorbers, pumps, valves, connectors, and switches. Its customers include original-equipment and Tier 1 manufacturers as well as aftermarket customers. ITT uses a network of approximately 700 independent distributors, which accounts for about one third of overall revenue. Nearly three fourths of the company's sales are made in North America and Europe. ITT's primary end markets include automotive, rail, oil and gas, aerospace and defense, chemical, mining, and general industrial.

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