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American Axle & Mfg Holdings (FRA:AYA) Cyclically Adjusted Price-to-FCF : 2.82 (As of May. 26, 2024)


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What is American Axle & Mfg Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), American Axle & Mfg Holdings's current share price is €6.70. American Axle & Mfg Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.38. American Axle & Mfg Holdings's Cyclically Adjusted Price-to-FCF for today is 2.82.

The historical rank and industry rank for American Axle & Mfg Holdings's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:AYA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.68   Med: 9.53   Max: 841.5
Current: 2.86

During the past years, American Axle & Mfg Holdings's highest Cyclically Adjusted Price-to-FCF was 841.50. The lowest was 2.68. And the median was 9.53.

FRA:AYA's Cyclically Adjusted Price-to-FCF is ranked better than
96.86% of 477 companies
in the Vehicles & Parts industry
Industry Median: 21.68 vs FRA:AYA: 2.86

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.

American Axle & Mfg Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.237. 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 €2.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Axle & Mfg Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for American Axle & Mfg Holdings'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.

American Axle & Mfg Holdings Cyclically Adjusted Price-to-FCF Chart

American Axle & Mfg Holdings 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 27.32 20.75 8.21 3.71 3.68

American Axle & Mfg 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 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 3.46 3.48 2.91 3.68 2.84

Competitive Comparison of American Axle & Mfg Holdings's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, American Axle & Mfg 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.


American Axle & Mfg Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where American Axle & Mfg Holdings's Cyclically Adjusted Price-to-FCF falls into.



American Axle & Mfg Holdings 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.

American Axle & Mfg Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.70/2.38
=2.82

* 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.

American Axle & Mfg Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, American Axle & Mfg 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)
=-0.237/131.7762*131.7762
=-0.237

Current CPI (Mar. 2024) = 131.7762.

American Axle & Mfg Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.796 100.560 1.043
201409 0.989 100.428 1.298
201412 0.390 99.070 0.519
201503 -0.452 99.621 -0.598
201506 1.169 100.684 1.530
201509 0.853 100.392 1.120
201512 0.579 99.792 0.765
201603 -0.286 100.470 -0.375
201606 1.183 101.688 1.533
201609 0.631 101.861 0.816
201612 0.586 101.863 0.758
201703 0.305 102.862 0.391
201706 0.333 103.349 0.425
201709 0.475 104.136 0.601
201712 0.200 104.011 0.253
201803 -0.467 105.290 -0.584
201806 0.596 106.317 0.739
201809 0.798 106.507 0.987
201812 0.988 105.998 1.228
201903 -1.609 107.251 -1.977
201906 0.814 108.070 0.993
201909 1.161 108.329 1.412
201912 0.658 108.420 0.800
202003 0.560 108.902 0.678
202006 -1.402 108.767 -1.699
202009 1.498 109.815 1.798
202012 1.008 109.897 1.209
202103 1.032 111.754 1.217
202106 0.902 114.631 1.037
202109 0.405 115.734 0.461
202112 0.325 117.630 0.364
202203 0.316 121.301 0.343
202206 0.854 125.017 0.900
202209 0.335 125.227 0.353
202212 0.740 125.222 0.779
202303 -0.118 127.348 -0.122
202306 0.699 128.729 0.716
202309 1.043 129.860 1.058
202312 -0.041 129.419 -0.042
202403 -0.237 131.776 -0.237

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.


American Axle & Mfg Holdings  (FRA:AYA) 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.


American Axle & Mfg Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


American Axle & Mfg Holdings (FRA:AYA) Business Description

Traded in Other Exchanges
Address
One Dauch Drive, Detroit, MI, USA, 48211-1198
American Axle & Mfg Holdings Inc is engaged in manufacturing, engineering, designing and validation of driveline systems and related components and chassis modules for light trucks, SUVs, crossover vehicles, passenger cars, and commercial vehicles. The company's segment includes Driveline and Metal Forming. It generates maximum revenue from the Driveline segment.

American Axle & Mfg Holdings (FRA:AYA) Headlines

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