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Meritor (Meritor) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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What is Meritor Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Meritor Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Meritor'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.

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Meritor Cyclically Adjusted Price-to-FCF Chart

Meritor Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Cyclically Adjusted Price-to-FCF
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Meritor Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Competitive Comparison of Meritor's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Meritor'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.


Meritor's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

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



Meritor 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.

Meritor's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2022 is calculated as:

For example, Meritor's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2022 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=-0.532/121.3010*121.3010
=-0.532

Current CPI (Mar. 2022) = 121.3010.

Meritor Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201206 0.473 96.819 0.593
201209 0.319 97.633 0.396
201212 -1.096 96.871 -1.372
201303 -0.267 98.209 -0.330
201306 0.288 98.518 0.355
201309 -0.472 98.790 -0.580
201312 -0.162 98.326 -0.200
201403 0.090 99.695 0.110
201406 0.702 100.560 0.847
201409 0.744 100.428 0.899
201412 -0.208 99.070 -0.255
201503 0.262 99.621 0.319
201506 0.708 100.684 0.853
201509 -0.606 100.392 -0.732
201512 -0.286 99.792 -0.348
201603 0.205 100.470 0.248
201606 0.935 101.688 1.115
201609 0.372 101.861 0.443
201612 -0.350 101.863 -0.417
201703 0.228 102.862 0.269
201706 1.008 103.349 1.183
201709 -0.034 104.136 -0.040
201712 0.169 104.011 0.197
201803 0.241 105.290 0.278
201806 1.136 106.317 1.296
201809 0.088 106.507 0.100
201812 -0.137 105.998 -0.157
201903 0.222 107.251 0.251
201906 1.449 108.070 1.626
201909 0.258 108.329 0.289
201912 -0.434 108.420 -0.486
202003 3.878 108.902 4.320
202006 -1.581 108.767 -1.763
202009 0.503 109.815 0.556
202012 0.464 109.897 0.512
202103 0.640 111.754 0.695
202106 0.247 114.631 0.261
202109 0.112 115.734 0.117
202112 -0.548 117.630 -0.565
202203 -0.532 121.301 -0.532

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.


Meritor  (NYSE:MTOR) 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.


Meritor Cyclically Adjusted Price-to-FCF Related Terms

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


Meritor (Meritor) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2135 West Maple Road, Troy, MI, USA, 48084-7186
Meritor Inc is a manufacturer of automobile parts for commercial vehicles and industrial markets. The company offers drivetrain, axle, brake, and suspension solutions for commercial trucks, trailers, buses, coaches, off-highway machinery, and defence contractors. The company serves original equipment markets as well as the aftermarket segment for the transportation and industrial sectors. Meritor generates the majority of its revenue from its commercial truck and industrial segment. Geographically, sales are focused on North American markets.
Executives
Anderson Carl Douglas Ii officer: SVP and CFO C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
John Nelligan officer: SVP & Pres., Truck, Americas 2490 PEBBLE BEACH DRIVE OAKLAND MI 48363
Jeffrey A Craig director, officer: CEO & President MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084
Chris Villavarayan officer: Pres., Americas C/O MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084
Paul Bialy officer: VP, Controller & PAO C/O MERITOR, INC. 2135 WEST MAPLE ROAD TROY MI 48084
Ken Hogan officer: SVP & Pres. Truck, EUR & APAC 8250 LINCOLN DR HUNTINGTON WOODS MI 48070
Elizabeth Anne Fessenden director 1137 WEST AVENUE, RICHMOND VA 23220
Bowes Timothy Earl Joseph officer: SVP & Pres. Ind & NA Aftmkt 2135 WEST MAPLE ROAD, TROY MI 48084
Ivor J Evans director MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084-7186
William R Newlin director C/O CARMELL THERAPEUTICS CORPORATION, 2403 SIDNEY STREET, SUITE 300, PITTSBURGH PA 15203
Timothy J. Heffron officer: VP, HR & CIO C/O MERITOR, INC. 2135 WEST MAPLE ROAD TROY MI 48084
Fazal F Merchant director 2230 E. IMPERIAL HIGHWAY, EL SEGUNDO CA 90245
Hannah S. Lim officer: SVP, CLO & Corp Sec 2135 WEST MAPLE ROAD, TROY MI 48084
Joseph A. Plomin officer: Pres., International C/O MERITOR, INC. 2135 WEST MAPLE ROAD TROY MI 48084
Boise April Miller officer: SVP, GC & Corp Sec C/O INTEL CORPORATION, 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054