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The Toro Co (FRA:TO2) Cyclically Adjusted Price-to-FCF : 29.75 (As of Jun. 09, 2024)


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

As of today (2024-06-09), The Toro Co's current share price is €83.00. The Toro Co's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2024 was €2.79. The Toro Co's Cyclically Adjusted Price-to-FCF for today is 29.75.

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

FRA:TO2' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.03   Med: 34.22   Max: 50.59
Current: 31.87

During the past years, The Toro Co's highest Cyclically Adjusted Price-to-FCF was 50.59. The lowest was 21.03. And the median was 34.22.

FRA:TO2's Cyclically Adjusted Price-to-FCF is ranked better than
51.45% of 1032 companies
in the Industrial Products industry
Industry Median: 32.78 vs FRA:TO2: 31.87

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 Toro Co's adjusted free cash flow per share data for the three months ended in Apr. 2024 was €1.838. 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 €2.79 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


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

The historical data trend for The Toro 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 Toro Co Cyclically Adjusted Price-to-FCF Chart

The Toro Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.63 37.81 35.63 36.62 27.60

The Toro Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 35.92 35.52 27.60 32.29 29.09

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

For the Tools & Accessories subindustry, The Toro 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 Toro Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=83.00/2.79
=29.75

* 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 Toro Co's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, The Toro Co's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=1.838/131.7762*131.7762
=1.838

Current CPI (Apr. 2024) = 131.7762.

The Toro Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 0.424 100.520 0.556
201410 0.002 100.176 0.003
201501 -0.252 98.604 -0.337
201504 0.821 99.824 1.084
201507 0.502 100.691 0.657
201510 0.498 100.346 0.654
201601 -0.050 99.957 -0.066
201604 1.038 100.947 1.355
201607 1.159 101.524 1.504
201610 0.523 101.988 0.676
201701 0.031 102.456 0.040
201704 1.190 103.167 1.520
201707 0.736 103.278 0.939
201710 0.480 104.070 0.608
201801 -0.020 104.578 -0.025
201804 0.792 105.708 0.987
201807 0.827 106.324 1.025
201810 0.543 106.695 0.671
201901 0.096 106.200 0.119
201904 0.979 107.818 1.197
201907 0.591 108.250 0.719
201910 0.352 108.577 0.427
202001 -0.291 108.841 -0.352
202004 0.668 108.173 0.814
202007 1.728 109.318 2.083
202010 1.576 109.861 1.890
202101 0.635 110.364 0.758
202104 1.596 112.673 1.867
202107 1.068 115.183 1.222
202110 0.179 116.696 0.202
202201 -0.850 118.619 -0.944
202204 0.953 121.978 1.030
202207 0.670 125.002 0.706
202210 0.723 125.734 0.758
202301 -0.863 126.223 -0.901
202304 0.776 127.992 0.799
202307 0.497 128.974 0.508
202310 0.977 129.810 0.992
202401 -0.976 130.124 -0.988
202404 1.838 131.776 1.838

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 Toro Co  (FRA:TO2) 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 Toro Co Cyclically Adjusted Price-to-FCF Related Terms

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


The Toro Co (FRA:TO2) Business Description

Industry
Traded in Other Exchanges
Address
8111 Lyndale Avenue South, Bloomington, MN, USA, 55420-1196
The Toro Co manufactures turf maintenance and landscaping equipment. The company produces reel and rotary riding products, trim cutting and walking mowers, greens rollers, turf sprayer equipment, underground irrigation systems, heavy-duty walk-behind mowers, and sprinkler systems used for professional turf and landscape maintenance and construction. Its products are marketed through a network of distributors and dealers to predominantly professional users maintaining turfs and sports fields such as golf courses. Its operating segments are Professional which generates a substantial part of its revenue, and Residential segment. The company also produces snow plowers and ice management products. Its key revenue generating market is the United States.

The Toro Co (FRA:TO2) Headlines

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