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Penske Automotive Group (FRA:UA9) Cyclically Adjusted Price-to-FCF : 17.70 (As of Jun. 09, 2024)


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What is Penske Automotive Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Penske Automotive Group's current share price is €137.00. Penske Automotive Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €7.74. Penske Automotive Group's Cyclically Adjusted Price-to-FCF for today is 17.70.

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

FRA:UA9' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.25   Med: 22.35   Max: 53.46
Current: 17.71

During the past years, Penske Automotive Group's highest Cyclically Adjusted Price-to-FCF was 53.46. The lowest was 9.25. And the median was 22.35.

FRA:UA9's Cyclically Adjusted Price-to-FCF is ranked better than
58.1% of 494 companies
in the Vehicles & Parts industry
Industry Median: 21.27 vs FRA:UA9: 17.71

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.

Penske Automotive Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €4.848. 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 €7.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Penske Automotive Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Penske Automotive Group'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.

Penske Automotive Group Cyclically Adjusted Price-to-FCF Chart

Penske Automotive Group 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 21.88 17.31 20.99 16.98 20.46

Penske Automotive Group 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 20.00 22.52 21.26 20.46 19.27

Competitive Comparison of Penske Automotive Group's Cyclically Adjusted Price-to-FCF

For the Auto & Truck Dealerships subindustry, Penske Automotive Group'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.


Penske Automotive Group's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Penske Automotive Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Penske Automotive Group 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.

Penske Automotive Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=137.00/7.74
=17.70

* 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.

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

For example, Penske Automotive Group'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)
=4.848/131.7762*131.7762
=4.848

Current CPI (Mar. 2024) = 131.7762.

Penske Automotive Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.312 100.560 0.409
201409 0.187 100.428 0.245
201412 0.511 99.070 0.680
201503 1.785 99.621 2.361
201506 0.113 100.684 0.148
201509 0.333 100.392 0.437
201512 -0.277 99.792 -0.366
201603 0.369 100.470 0.484
201606 1.032 101.688 1.337
201609 1.649 101.861 2.133
201612 -1.366 101.863 -1.767
201703 1.690 102.862 2.165
201706 0.546 103.349 0.696
201709 0.778 104.136 0.985
201712 0.879 104.011 1.114
201803 1.039 105.290 1.300
201806 1.895 106.317 2.349
201809 0.498 106.507 0.616
201812 -0.399 105.998 -0.496
201903 0.296 107.251 0.364
201906 1.515 108.070 1.847
201909 3.357 108.329 4.084
201912 -2.211 108.420 -2.687
202003 2.079 108.902 2.516
202006 5.752 108.767 6.969
202009 0.293 109.815 0.352
202012 2.840 109.897 3.405
202103 2.052 111.754 2.420
202106 6.470 114.631 7.438
202109 3.712 115.734 4.227
202112 -1.459 117.630 -1.634
202203 3.813 121.301 4.142
202206 5.199 125.017 5.480
202209 3.716 125.227 3.910
202212 2.185 125.222 2.299
202303 2.817 127.348 2.915
202306 2.845 128.729 2.912
202309 4.612 129.860 4.680
202312 -0.434 129.419 -0.442
202403 4.848 131.776 4.848

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.


Penske Automotive Group  (FRA:UA9) 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.


Penske Automotive Group Cyclically Adjusted Price-to-FCF Related Terms

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


Penske Automotive Group (FRA:UA9) Business Description

Traded in Other Exchanges
Address
2555 Telegraph Road, Bloomfield Hills, MI, USA, 48302-0954
Penske Automotive Group operates in about 20 U.S. states and overseas. It has about 150 U.S. light-vehicle stores including in Puerto Rico as well as 189 franchised dealerships overseas, primarily in the United Kingdom. The company is the second-largest U.S.-based dealership in terms of light-vehicle revenue and sells more than 35 brands, with over 90% of retail automotive revenue coming from luxury and import names. Other services, in addition to new and used vehicles, are parts and repair and finance and insurance. The firm's Premier Truck Group owns 44 truck dealerships selling mostly Freightliner and Western Star brands, and Penske owns 20 CarShop used-vehicle stores in the U.S. and U.K. The company is based in Michigan and was called United Auto Group before changing its name in 2007.

Penske Automotive Group (FRA:UA9) Headlines

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