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The Timken Co (FRA:TKH) Cyclically Adjusted Price-to-FCF : 19.22 (As of Jun. 09, 2024)


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What is The Timken Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), The Timken Co's current share price is €76.50. The Timken Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.98. The Timken Co's Cyclically Adjusted Price-to-FCF for today is 19.22.

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

FRA:TKH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.61   Med: 16.21   Max: 24.18
Current: 19.42

During the past years, The Timken Co's highest Cyclically Adjusted Price-to-FCF was 24.18. The lowest was 8.61. And the median was 16.21.

FRA:TKH's Cyclically Adjusted Price-to-FCF is ranked better than
71.9% of 1032 companies
in the Industrial Products industry
Industry Median: 32.78 vs FRA:TKH: 19.42

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.

The Timken Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.067. 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 €3.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Timken Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for The Timken 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.

The Timken Co Cyclically Adjusted Price-to-FCF Chart

The Timken 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 18.22 22.16 17.11 17.56 18.87

The Timken 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 19.10 21.70 16.90 18.87 20.32

Competitive Comparison of The Timken Co's Cyclically Adjusted Price-to-FCF

For the Tools & Accessories subindustry, The Timken 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.


The Timken Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



The Timken 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.

The Timken Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=76.50/3.98
=19.22

* 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.

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

For example, The Timken 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)
=0.067/131.7762*131.7762
=0.067

Current CPI (Mar. 2024) = 131.7762.

The Timken Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.373 100.560 0.489
201409 0.352 100.428 0.462
201412 0.650 99.070 0.865
201503 -0.028 99.621 -0.037
201506 0.669 100.684 0.876
201509 1.262 100.392 1.657
201512 1.014 99.792 1.339
201603 0.272 100.470 0.357
201606 1.451 101.688 1.880
201609 0.460 101.861 0.595
201612 0.870 101.863 1.125
201703 0.325 102.862 0.416
201706 0.532 103.349 0.678
201709 0.062 104.136 0.078
201712 0.553 104.011 0.701
201803 -0.637 105.290 -0.797
201806 0.876 106.317 1.086
201809 1.246 106.507 1.542
201812 0.996 105.998 1.238
201903 0.415 107.251 0.510
201906 1.543 108.070 1.881
201909 1.200 108.329 1.460
201912 1.611 108.420 1.958
202003 0.289 108.902 0.350
202006 2.612 108.767 3.165
202009 1.384 109.815 1.661
202012 0.900 109.897 1.079
202103 0.025 111.754 0.029
202106 1.246 114.631 1.432
202109 0.692 115.734 0.788
202112 0.671 117.630 0.752
202203 -0.427 121.301 -0.464
202206 0.477 125.017 0.503
202209 1.339 125.227 1.409
202212 2.379 125.222 2.504
202303 0.470 127.348 0.486
202306 1.202 128.729 1.230
202309 1.974 129.860 2.003
202312 0.974 129.419 0.992
202403 0.067 131.776 0.067

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.


The Timken Co  (FRA:TKH) 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.


The Timken Co Cyclically Adjusted Price-to-FCF Related Terms

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


The Timken Co (FRA:TKH) Business Description

Industry
Traded in Other Exchanges
Address
4500 Mount Pleasant Street North West, North Canton, OH, USA, 44720-5450
The Timken Company is a manufacturer of bearings, gear belts, and chain-related products. The company sells its portfolio of bearings, including tapered, spherical and cylindrical roller bearings, and thrust and ball bearings, through a network of authorised dealers to end users or directly to original equipment manufacturers. End-market sectors include general industrial, automotive, rail, energy, heavy truck, defense, agriculture, metals, mining, civil aerospace, construction, pulp and paper, and cement industries. Its segments are Mobile Industries and Process industries. Timken generates its revenue in the United States of America.

The Timken Co (FRA:TKH) Headlines

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