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Genuine Parts Co (FRA:GPT) Cyclically Adjusted Price-to-FCF : 19.18 (As of May. 19, 2024)


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What is Genuine Parts Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-19), Genuine Parts Co's current share price is €141.15. Genuine Parts Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €7.36. Genuine Parts Co's Cyclically Adjusted Price-to-FCF for today is 19.18.

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

FRA:GPT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.33   Med: 19.8   Max: 27.94
Current: 19.17

During the past years, Genuine Parts Co's highest Cyclically Adjusted Price-to-FCF was 27.94. The lowest was 10.33. And the median was 19.80.

FRA:GPT's Cyclically Adjusted Price-to-FCF is ranked better than
56.48% of 494 companies
in the Vehicles & Parts industry
Industry Median: 21.85 vs FRA:GPT: 19.17

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.

Genuine Parts Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.331. 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 €7.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Genuine Parts Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Genuine Parts 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.

Genuine Parts Co Cyclically Adjusted Price-to-FCF Chart

Genuine Parts Co 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 19.83 16.01 19.99 22.82 17.93

Genuine Parts Co 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 21.67 22.14 18.58 17.93 19.42

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

For the Auto Parts subindustry, Genuine Parts 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.


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

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

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



Genuine Parts 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=141.15/7.36
=19.18

* 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.

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

For example, Genuine Parts Co'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)
=1.331/131.7762*131.7762
=1.331

Current CPI (Mar. 2024) = 131.7762.

Genuine Parts Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.361 100.560 1.783
201409 0.949 100.428 1.245
201412 0.878 99.070 1.168
201503 0.638 99.621 0.844
201506 1.809 100.684 2.368
201509 2.444 100.392 3.208
201512 1.309 99.792 1.729
201603 0.737 100.470 0.967
201606 2.120 101.688 2.747
201609 1.035 101.861 1.339
201612 0.831 101.863 1.075
201703 0.484 102.862 0.620
201706 1.291 103.349 1.646
201709 0.878 104.136 1.111
201712 1.223 104.011 1.549
201803 0.588 105.290 0.736
201806 1.646 106.317 2.040
201809 2.579 106.507 3.191
201812 0.509 105.998 0.633
201903 0.097 107.251 0.119
201906 1.104 108.070 1.346
201909 2.296 108.329 2.793
201912 0.279 108.420 0.339
202003 0.218 108.902 0.264
202006 5.188 108.767 6.285
202009 2.675 109.815 3.210
202012 2.972 109.897 3.564
202103 1.460 111.754 1.722
202106 2.072 114.631 2.382
202109 1.513 115.734 1.723
202112 0.756 117.630 0.847
202203 2.039 121.301 2.215
202206 2.109 125.017 2.223
202209 2.577 125.227 2.712
202212 0.843 125.222 0.887
202303 0.721 127.348 0.746
202306 0.930 128.729 0.952
202309 3.197 129.860 3.244
202312 1.244 129.419 1.267
202403 1.331 131.776 1.331

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.


Genuine Parts Co  (FRA:GPT) 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.


Genuine Parts Co Cyclically Adjusted Price-to-FCF Related Terms

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


Genuine Parts Co (FRA:GPT) Business Description

Traded in Other Exchanges
Address
2999 Wildwood Parkway, Atlanta, GA, USA, 30339
Genuine Parts sells automotive parts (nearly two thirds of net sales) and industrial components. The company sells car and truck parts to commercial and retail customers through roughly 9,800 stores worldwide, most of which are independently owned. Its industrial unit, primarily operating under the Motion Industries banner in the United States, supplies bearings, power transmission, industrial automation, hydraulic, and pneumatic components to maintenance, repair, and original equipment manufacturer clients.