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Federal Signal (FRA:FSG) Cyclically Adjusted Price-to-FCF : 58.58 (As of Jun. 09, 2024)


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What is Federal Signal Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Federal Signal's current share price is €78.50. Federal Signal's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.34. Federal Signal's Cyclically Adjusted Price-to-FCF for today is 58.58.

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

FRA:FSG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.78   Med: 30.68   Max: 63.03
Current: 58.64

During the past years, Federal Signal's highest Cyclically Adjusted Price-to-FCF was 63.03. The lowest was 10.78. And the median was 30.68.

FRA:FSG's Cyclically Adjusted Price-to-FCF is ranked worse than
70.35% of 1032 companies
in the Industrial Products industry
Industry Median: 32.78 vs FRA:FSG: 58.64

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.

Federal Signal's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.342. 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 €1.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Federal Signal Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Federal Signal'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.

Federal Signal Cyclically Adjusted Price-to-FCF Chart

Federal Signal 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 41.68 35.74 38.70 38.71 55.74

Federal Signal 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 42.93 49.77 45.23 55.74 58.02

Competitive Comparison of Federal Signal's Cyclically Adjusted Price-to-FCF

For the Pollution & Treatment Controls subindustry, Federal Signal'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.


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

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

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



Federal Signal 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=78.50/1.34
=58.58

* 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.

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

For example, Federal Signal'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)
=0.342/131.7762*131.7762
=0.342

Current CPI (Mar. 2024) = 131.7762.

Federal Signal Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.293 100.560 0.384
201409 0.207 100.428 0.272
201412 0.355 99.070 0.472
201503 0.009 99.621 0.012
201506 0.304 100.684 0.398
201509 0.533 100.392 0.700
201512 0.397 99.792 0.524
201603 -0.105 100.470 -0.138
201606 0.132 101.688 0.171
201609 0.169 101.861 0.219
201612 0.086 101.863 0.111
201703 0.195 102.862 0.250
201706 0.446 103.349 0.569
201709 0.048 104.136 0.061
201712 0.259 104.011 0.328
201803 0.097 105.290 0.121
201806 0.330 106.317 0.409
201809 0.433 106.507 0.536
201812 0.242 105.998 0.301
201903 -0.192 107.251 -0.236
201906 0.429 108.070 0.523
201909 0.311 108.329 0.378
201912 0.436 108.420 0.530
202003 -0.063 108.902 -0.076
202006 0.768 108.767 0.930
202009 0.091 109.815 0.109
202012 0.676 109.897 0.811
202103 0.295 111.754 0.348
202106 0.111 114.631 0.128
202109 0.174 115.734 0.198
202112 0.310 117.630 0.347
202203 -0.395 121.301 -0.429
202206 0.118 125.017 0.124
202209 0.098 125.227 0.103
202212 0.491 125.222 0.517
202303 0.017 127.348 0.018
202306 0.394 128.729 0.403
202309 0.646 129.860 0.656
202312 1.402 129.419 1.428
202403 0.342 131.776 0.342

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.


Federal Signal  (FRA:FSG) 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.


Federal Signal Cyclically Adjusted Price-to-FCF Related Terms

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


Federal Signal (FRA:FSG) Business Description

Traded in Other Exchanges
Address
1415 West 22nd Street, Suite 1100, Oak Brook, IL, USA, 60523
Federal Signal Corp designs and manufactures products and integrated solutions for municipal, governmental, industrial, and airport customers. It operates in the segments of Environmental Solutions Group and the Safety and Security Systems Group. The Environmental solutions group manufactures and supplies street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks, high-performance waterblasting equipment, dump truck bodies and trailers. The Safety and Security Systems Group offers comprehensive systems and products such as campus and community alerting, emergency vehicles, first responder interoperable communications, and others. The company generates a majority of its revenue from the Environmental Solutions Group segment.

Federal Signal (FRA:FSG) Headlines