GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Donaldson Co Inc (FRA:DNZ) » Definitions » Cyclically Adjusted Price-to-FCF

Donaldson Co (FRA:DNZ) Cyclically Adjusted Price-to-FCF : 31.31 (As of Jun. 02, 2024)


View and export this data going back to . Start your Free Trial

What is Donaldson Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-02), Donaldson Co's current share price is €67.00. Donaldson Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was €2.14. Donaldson Co's Cyclically Adjusted Price-to-FCF for today is 31.31.

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

FRA:DNZ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.34   Med: 31.7   Max: 45.21
Current: 31.7

During the past years, Donaldson Co's highest Cyclically Adjusted Price-to-FCF was 45.21. The lowest was 22.34. And the median was 31.70.

FRA:DNZ's Cyclically Adjusted Price-to-FCF is ranked better than
52.56% of 1037 companies
in the Industrial Products industry
Industry Median: 33.08 vs FRA:DNZ: 31.70

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.

Donaldson Co's adjusted free cash flow per share data for the three months ended in Jan. 2024 was €0.494. 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 €2.14 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Donaldson Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Donaldson Co'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.

Donaldson Co Cyclically Adjusted Price-to-FCF Chart

Donaldson Co Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.88 28.98 35.05 26.77 27.89

Donaldson Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 29.20 29.34 27.89 25.16 27.79

Competitive Comparison of Donaldson Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Donaldson Co'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.


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

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

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



Donaldson Co 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=67.00/2.14
=31.31

* 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.

Donaldson Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Donaldson Co's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.494/130.1244*130.1244
=0.494

Current CPI (Jan. 2024) = 130.1244.

Donaldson Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.272 100.023 0.354
201407 0.289 100.520 0.374
201410 0.124 100.176 0.161
201501 0.075 98.604 0.099
201504 0.362 99.824 0.472
201507 0.200 100.691 0.258
201510 0.240 100.346 0.311
201601 0.206 99.957 0.268
201604 0.497 100.947 0.641
201607 0.508 101.524 0.651
201610 0.601 101.988 0.767
201701 1.011 102.456 1.284
201704 0.350 103.167 0.441
201707 0.406 103.278 0.512
201710 0.282 104.070 0.353
201801 0.402 104.578 0.500
201804 0.133 105.708 0.164
201807 0.520 106.324 0.636
201810 0.233 106.695 0.284
201901 0.274 106.200 0.336
201904 0.240 107.818 0.290
201907 0.578 108.250 0.695
201910 0.344 108.577 0.412
202001 0.336 108.841 0.402
202004 0.446 108.173 0.537
202007 0.706 109.318 0.840
202010 0.731 109.861 0.866
202101 0.396 110.364 0.467
202104 0.609 112.673 0.703
202107 0.511 115.183 0.577
202110 0.168 116.696 0.187
202201 0.153 118.619 0.168
202204 0.303 121.978 0.323
202207 0.636 125.002 0.662
202210 0.738 125.734 0.764
202301 0.548 126.223 0.565
202304 0.724 127.992 0.736
202307 1.210 128.974 1.221
202310 0.887 129.810 0.889
202401 0.494 130.124 0.494

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.


Donaldson Co  (FRA:DNZ) 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.


Donaldson Co Cyclically Adjusted Price-to-FCF Related Terms

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


Donaldson Co (FRA:DNZ) Business Description

Industry
Traded in Other Exchanges
Address
1400 West 94th Street, Minneapolis, MN, USA, 55431
Donaldson is a leading manufacturer of filtration systems and replacement parts (including air filtration systems, liquid filtration systems, and dust, fume, and mist collectors). The company serves a diverse range of end markets, including construction, mining, agriculture, truck, and industrial. Its business is organized into three segments: mobile solutions, industrial solutions, and life sciences. Donaldson generated approximately $3.4 billion in revenue and $480 million in operating income in its fiscal 2023.