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Snap-on (FRA:SPU) Cyclically Adjusted Price-to-FCF : 19.05 (As of May. 25, 2024)


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What is Snap-on Cyclically Adjusted Price-to-FCF?

As of today (2024-05-25), Snap-on's current share price is €250.10. Snap-on's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €13.13. Snap-on's Cyclically Adjusted Price-to-FCF for today is 19.05.

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

FRA:SPU' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.23   Med: 26.64   Max: 43.89
Current: 19.08

During the past years, Snap-on's highest Cyclically Adjusted Price-to-FCF was 43.89. The lowest was 13.23. And the median was 26.64.

FRA:SPU's Cyclically Adjusted Price-to-FCF is ranked better than
72.96% of 1017 companies
in the Industrial Products industry
Industry Median: 33.45 vs FRA:SPU: 19.08

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.

Snap-on's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €5.604. 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 €13.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Snap-on Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Snap-on'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.

Snap-on Cyclically Adjusted Price-to-FCF Chart

Snap-on 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 24.77 20.18 20.30 19.29 21.39

Snap-on 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 19.86 22.50 19.24 21.39 20.86

Competitive Comparison of Snap-on's Cyclically Adjusted Price-to-FCF

For the Tools & Accessories subindustry, Snap-on'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.


Snap-on's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Snap-on 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=250.10/13.13
=19.05

* 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.

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

For example, Snap-on'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)
=5.604/131.7762*131.7762
=5.604

Current CPI (Mar. 2024) = 131.7762.

Snap-on Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.269 100.560 1.663
201409 0.864 100.428 1.134
201412 1.162 99.070 1.546
201503 0.938 99.621 1.241
201506 1.999 100.684 2.616
201509 1.435 100.392 1.884
201512 2.159 99.792 2.851
201603 1.843 100.470 2.417
201606 2.120 101.688 2.747
201609 1.433 101.861 1.854
201612 2.279 101.863 2.948
201703 2.740 102.862 3.510
201706 1.679 103.349 2.141
201709 1.045 104.136 1.322
201712 2.472 104.011 3.132
201803 3.001 105.290 3.756
201806 2.484 106.317 3.079
201809 1.493 106.507 1.847
201812 2.997 105.998 3.726
201903 2.847 107.251 3.498
201906 1.857 108.070 2.264
201909 1.656 108.329 2.014
201912 2.835 108.420 3.446
202003 3.228 108.902 3.906
202006 3.918 108.767 4.747
202009 3.314 109.815 3.977
202012 4.391 109.897 5.265
202103 4.574 111.754 5.393
202106 3.300 114.631 3.794
202109 2.635 115.734 3.000
202112 3.339 117.630 3.741
202203 2.904 121.301 3.155
202206 2.084 125.017 2.197
202209 2.052 125.227 2.159
202212 3.273 125.222 3.444
202303 4.813 127.348 4.980
202306 4.179 128.729 4.278
202309 4.525 129.860 4.592
202312 4.718 129.419 4.804
202403 5.604 131.776 5.604

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.


Snap-on  (FRA:SPU) 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.


Snap-on Cyclically Adjusted Price-to-FCF Related Terms

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


Snap-on (FRA:SPU) Business Description

Industry
Traded in Other Exchanges
Address
2801 80th Street, Kenosha, WI, USA, 53143
Snap-on manufactures premium tools and software for repair professionals. Hand tools are sold through franchisee-operated mobile vans that serve auto technicians who purchase tools at their own expense. A unique element of its business model is that franchisees bear significant risk, as they must invest in the mobile van, inventory, and software. At the same time, franchisees extend personal credit directly to technicians on an individual tool basis. Snap-on currently operates three segments: repair systems and information, commercial and industrial, and tools. Its finance arm provides financing to franchisees to run their operations, which includes offering loans and leases for mobile vans.

Snap-on (FRA:SPU) Headlines

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