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Moog (FRA:MO7A) Cyclically Adjusted Price-to-FCF : 43.94 (As of Jun. 02, 2024)


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What is Moog Cyclically Adjusted Price-to-FCF?

As of today (2024-06-02), Moog's current share price is €153.80. Moog's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.50. Moog's Cyclically Adjusted Price-to-FCF for today is 43.94.

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

FRA:MO7A' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.73   Med: 24.01   Max: 46.08
Current: 43.66

During the past years, Moog's highest Cyclically Adjusted Price-to-FCF was 46.08. The lowest was 11.73. And the median was 24.01.

FRA:MO7A's Cyclically Adjusted Price-to-FCF is ranked worse than
58.33% of 108 companies
in the Aerospace & Defense industry
Industry Median: 35.56 vs FRA:MO7A: 43.66

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.

Moog's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-2.393. 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 €3.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Moog Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Moog'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.

Moog Cyclically Adjusted Price-to-FCF Chart

Moog Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.02 16.64 17.94 15.13 26.64

Moog 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 23.90 26.76 26.64 34.81 41.14

Competitive Comparison of Moog's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Moog'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.


Moog's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Moog's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Moog 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=153.80/3.5
=43.94

* 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.

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

For example, Moog'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)
=-2.393/131.7762*131.7762
=-2.393

Current CPI (Mar. 2024) = 131.7762.

Moog Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.178 100.560 1.544
201409 1.008 100.428 1.323
201412 1.151 99.070 1.531
201503 0.816 99.621 1.079
201506 1.276 100.684 1.670
201509 2.492 100.392 3.271
201512 -0.316 99.792 -0.417
201603 1.554 100.470 2.038
201606 1.655 101.688 2.145
201609 0.751 101.861 0.972
201612 0.934 101.863 1.208
201703 1.439 102.862 1.843
201706 0.798 103.349 1.017
201709 0.417 104.136 0.528
201712 0.539 104.011 0.683
201803 -0.488 105.290 -0.611
201806 -0.609 106.317 -0.755
201809 0.776 106.507 0.960
201812 0.998 105.998 1.241
201903 0.226 107.251 0.278
201906 -0.273 108.070 -0.333
201909 0.646 108.329 0.786
201912 0.383 108.420 0.466
202003 0.334 108.902 0.404
202006 2.456 108.767 2.976
202009 1.914 109.815 2.297
202012 1.881 109.897 2.255
202103 0.145 111.754 0.171
202106 1.607 114.631 1.847
202109 0.592 115.734 0.674
202112 3.303 117.630 3.700
202203 -0.396 121.301 -0.430
202206 -0.843 125.017 -0.889
202209 0.938 125.227 0.987
202212 -0.653 125.222 -0.687
202303 -2.936 127.348 -3.038
202306 -0.559 128.729 -0.572
202309 3.051 129.860 3.096
202312 0.653 129.419 0.665
202403 -2.393 131.776 -2.393

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.


Moog  (FRA:MO7A) 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.


Moog Cyclically Adjusted Price-to-FCF Related Terms

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


Moog (FRA:MO7A) Business Description

Industry
Traded in Other Exchanges
Address
400 Jamison Road, East Aurora, New York, NY, USA, 14052-0018
Moog Inc is a manufacturer of precision motion and fluid controls systems for the aerospace and defense markets. It has a diversified product range and operates in three segments: Aircraft Controls, Space and Defense Controls, and Industrial Systems. The company has a wide sales and marketing reach with sales staff being the main contact with customers. Additionally, it will use manufacturers' representatives and distributors to market in certain segments. Sales under United States government contracts represent approximately one third of total revenue. Although over half of total sales originate in the United States, the company serves many European and Asian nations.

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