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Howden Joinery Group (Howden Joinery Group) Cyclically Adjusted Price-to-FCF : 23.60 (As of Jun. 02, 2024)


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What is Howden Joinery Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-02), Howden Joinery Group's current share price is $11.5655. Howden Joinery Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $0.49. Howden Joinery Group's Cyclically Adjusted Price-to-FCF for today is 23.60.

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

HWDJF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.7   Med: 42.95   Max: 408.8
Current: 24.63

During the past 13 years, Howden Joinery Group's highest Cyclically Adjusted Price-to-FCF was 408.80. The lowest was 18.70. And the median was 42.95.

HWDJF's Cyclically Adjusted Price-to-FCF is ranked worse than
58.38% of 185 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 18.17 vs HWDJF: 24.63

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.

Howden Joinery Group's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $0.583. 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 $0.49 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Howden Joinery Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Howden Joinery 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.

Howden Joinery Group Cyclically Adjusted Price-to-FCF Chart

Howden Joinery 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 42.64 35.08 34.49 17.45 22.08

Howden Joinery Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 34.49 - 17.45 - 22.08

Competitive Comparison of Howden Joinery Group's Cyclically Adjusted Price-to-FCF

For the Furnishings, Fixtures & Appliances subindustry, Howden Joinery 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.


Howden Joinery Group's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Howden Joinery Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Howden Joinery 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.

Howden Joinery Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.5655/0.49
=23.60

* 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.

Howden Joinery Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Howden Joinery Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.583/130.5000*130.5000
=0.583

Current CPI (Dec23) = 130.5000.

Howden Joinery Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.278 99.900 0.363
201512 0.261 100.400 0.339
201612 0.284 102.200 0.363
201712 0.277 105.000 0.344
201812 0.246 107.100 0.300
201912 0.350 108.500 0.421
202012 0.587 109.400 0.700
202112 0.788 114.700 0.897
202212 0.543 125.300 0.566
202312 0.583 130.500 0.583

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.


Howden Joinery Group  (OTCPK:HWDJF) 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.


Howden Joinery Group Cyclically Adjusted Price-to-FCF Related Terms

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


Howden Joinery Group (Howden Joinery Group) Business Description

Traded in Other Exchanges
Address
40 Portman Square, London, GBR, W1H 6LT
Howden Joinery Group PLC is a U.K.-based company that manufactures, sources, and sells kitchen and joinery products. The Group's operations are mainly located in the United Kingdom with a small presence in France, Belgium, and the Republic of Ireland. It generates the majority of its revenue from the U.K. The firm caters to small, local homebuilders. The company's products are divided among its kitchen collection, which includes kitchen accessories and cabinets; the appliance collection, which includes ovens, refrigeration, dishwashers, and laundry; the doors and joinery collection, which includes internal, external, and sliding doors and frames; the hardware collection, which includes door handles and accessories; the flooring collection; and the bathroom cabinet collection.

Howden Joinery Group (Howden Joinery Group) Headlines

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