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Knight-Swift Transportation Holdings (FRA:KSX) Cyclically Adjusted Price-to-FCF : 44.85 (As of May. 18, 2024)


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What is Knight-Swift Transportation Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-05-18), Knight-Swift Transportation Holdings's current share price is €46.20. Knight-Swift Transportation Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.03. Knight-Swift Transportation Holdings's Cyclically Adjusted Price-to-FCF for today is 44.85.

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

FRA:KSX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 40.21   Med: 188.83   Max: 2488
Current: 42.69

During the past years, Knight-Swift Transportation Holdings's highest Cyclically Adjusted Price-to-FCF was 2488.00. The lowest was 40.21. And the median was 188.83.

FRA:KSX's Cyclically Adjusted Price-to-FCF is ranked worse than
76.24% of 425 companies
in the Transportation industry
Industry Median: 18.25 vs FRA:KSX: 42.69

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.

Knight-Swift Transportation Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.878. 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 €1.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Knight-Swift Transportation Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Knight-Swift Transportation 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.

Knight-Swift Transportation Holdings Cyclically Adjusted Price-to-FCF Chart

Knight-Swift Transportation 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 517.38 177.06 89.37 45.94 46.47

Knight-Swift Transportation 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 49.25 45.13 42.26 46.47 47.79

Competitive Comparison of Knight-Swift Transportation Holdings's Cyclically Adjusted Price-to-FCF

For the Trucking subindustry, Knight-Swift Transportation 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.


Knight-Swift Transportation Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Knight-Swift Transportation Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Knight-Swift Transportation Holdings's Cyclically Adjusted Price-to-FCF falls into.



Knight-Swift Transportation 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.

Knight-Swift Transportation Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=46.20/1.03
=44.85

* 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.

Knight-Swift Transportation Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Knight-Swift Transportation 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)
=-0.878/131.7762*131.7762
=-0.878

Current CPI (Mar. 2024) = 131.7762.

Knight-Swift Transportation Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.481 100.560 -0.630
201409 -0.494 100.428 -0.648
201412 -0.195 99.070 -0.259
201503 0.487 99.621 0.644
201506 -0.165 100.684 -0.216
201509 -0.463 100.392 -0.608
201512 -0.090 99.792 -0.119
201603 0.530 100.470 0.695
201606 0.390 101.688 0.505
201609 0.061 101.861 0.079
201612 0.273 101.863 0.353
201703 0.558 102.862 0.715
201706 0.404 103.349 0.515
201709 -0.331 104.136 -0.419
201712 -0.518 104.011 -0.656
201803 0.690 105.290 0.864
201806 0.015 106.317 0.019
201809 -0.374 106.507 -0.463
201812 0.241 105.998 0.300
201903 0.702 107.251 0.863
201906 -0.505 108.070 -0.616
201909 -0.332 108.329 -0.404
201912 0.175 108.420 0.213
202003 0.243 108.902 0.294
202006 0.405 108.767 0.491
202009 0.758 109.815 0.910
202012 0.594 109.897 0.712
202103 0.973 111.754 1.147
202106 0.084 114.631 0.097
202109 1.104 115.734 1.257
202112 1.200 117.630 1.344
202203 1.592 121.301 1.729
202206 0.769 125.017 0.811
202209 1.113 125.227 1.171
202212 0.192 125.222 0.202
202303 0.489 127.348 0.506
202306 0.681 128.729 0.697
202309 -1.067 129.860 -1.083
202312 0.396 129.419 0.403
202403 -0.878 131.776 -0.878

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.


Knight-Swift Transportation Holdings  (FRA:KSX) 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.


Knight-Swift Transportation Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Knight-Swift Transportation Holdings (FRA:KSX) Business Description

Traded in Other Exchanges
Address
2002 West Wahalla Lane, Phoenix, AZ, USA, 85027
Knight-Swift is the largest truckload, or TL, carrier in the U.S., with a diversified transportation offering. Pro forma for the U.S. Xpress deal, 74% of revenue derives from Knight's asset-based trucking business, with full-truckload (for-hire dry van, refrigerated, and dedicated contract) making up 63% and LTL at 11%. Truck brokerage and other asset-light logistics services make up 14% of revenue, with intermodal near 6%. Knight's intermodal operations use the Class-I railroads for the underlying movement of its shipping containers and also include drayage (regional trucking services to and from inland intermodal ramps/terminals). The remainder of revenue (6%) reflects services offered to shippers and third-party truckers including insurance, equipment maintenance, and equipment leasing.

Knight-Swift Transportation Holdings (FRA:KSX) Headlines

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