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Ducommun (STU:DUM) Cyclically Adjusted Price-to-FCF : 36.73 (As of Jun. 08, 2024)


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What is Ducommun Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Ducommun's current share price is €54.00. Ducommun's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.47. Ducommun's Cyclically Adjusted Price-to-FCF for today is 36.73.

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

STU:DUM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.73   Med: 17.1   Max: 36.09
Current: 35.78

During the past years, Ducommun's highest Cyclically Adjusted Price-to-FCF was 36.09. The lowest was 6.73. And the median was 17.10.

STU:DUM's Cyclically Adjusted Price-to-FCF is ranked worse than
51.4% of 107 companies
in the Aerospace & Defense industry
Industry Median: 35.41 vs STU:DUM: 35.78

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.

Ducommun's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.408. 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 €1.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ducommun Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ducommun'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.

Ducommun Cyclically Adjusted Price-to-FCF Chart

Ducommun 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 25.84 30.35 24.05 27.95 34.84

Ducommun 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 31.62 26.42 26.26 34.84 31.66

Competitive Comparison of Ducommun's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Ducommun'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.


Ducommun's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Ducommun's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ducommun 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.

Ducommun's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=54.00/1.47
=36.73

* 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.

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

For example, Ducommun'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)
=-0.408/131.7762*131.7762
=-0.408

Current CPI (Mar. 2024) = 131.7762.

Ducommun Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.433 100.560 1.878
201409 0.138 100.428 0.181
201412 1.777 99.070 2.364
201503 -0.176 99.621 -0.233
201506 0.937 100.684 1.226
201509 -0.763 100.392 -1.002
201512 0.622 99.792 0.821
201603 0.132 100.470 0.173
201606 0.222 101.688 0.288
201609 0.820 101.861 1.061
201612 0.948 101.863 1.226
201703 0.524 102.862 0.671
201706 -0.498 103.349 -0.635
201709 0.201 104.136 0.254
201712 0.370 104.011 0.469
201803 0.488 105.290 0.611
201806 0.863 106.317 1.070
201809 0.139 106.507 0.172
201812 0.601 105.998 0.747
201903 -0.370 107.251 -0.455
201906 0.406 108.070 0.495
201909 0.376 108.329 0.457
201912 2.085 108.420 2.534
202003 -1.214 108.902 -1.469
202006 0.564 108.767 0.683
202009 0.119 109.815 0.143
202012 0.464 109.897 0.556
202103 -1.913 111.754 -2.256
202106 0.184 114.631 0.212
202109 0.147 115.734 0.167
202112 0.407 117.630 0.456
202203 -1.744 121.301 -1.895
202206 1.590 125.017 1.676
202209 -0.882 125.227 -0.928
202212 2.030 125.222 2.136
202303 -1.809 127.348 -1.872
202306 0.246 128.729 0.252
202309 0.582 129.860 0.591
202312 1.415 129.419 1.441
202403 -0.408 131.776 -0.408

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.


Ducommun  (STU:DUM) 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.


Ducommun Cyclically Adjusted Price-to-FCF Related Terms

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


Ducommun (STU:DUM) Business Description

Industry
Traded in Other Exchanges
Address
200 Sandpointe Avenue, Suite 700, Santa Ana, CA, USA, 92707-5759
Ducommun Inc provides engineering & manufacturing services for high-performance products & high-cost-of failure applications used primarily in the aerospace and defense, industrial, medical & other industries. The company's reportable segments are Structural Systems & Electronic Systems. Structural Systems designs, engineers, and manufactures large, complex contoured aerostructure components & assemblies and supplies composite and metal bonded structures and assemblies. Electronic Systems designs, engineers, and manufactures high-reliability electronic & electromechanical products used in worldwide technology-driven markets including aerospace and defense, industrial, medical, & other end-use markets. It generates most of its revenue from the Electronic Systems.

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