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Modine Manufacturing Co (STU:MMF) Cyclically Adjusted Price-to-FCF : 187.68 (As of May. 20, 2024)


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What is Modine Manufacturing Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-20), Modine Manufacturing Co's current share price is €93.84. Modine Manufacturing Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.50. Modine Manufacturing Co's Cyclically Adjusted Price-to-FCF for today is 187.68.

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

STU:MMF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.34   Med: 48.56   Max: 1448
Current: 185.42

During the past years, Modine Manufacturing Co's highest Cyclically Adjusted Price-to-FCF was 1448.00. The lowest was 21.34. And the median was 48.56.

STU:MMF's Cyclically Adjusted Price-to-FCF is ranked worse than
92.51% of 494 companies
in the Vehicles & Parts industry
Industry Median: 21.75 vs STU:MMF: 185.42

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.

Modine Manufacturing Co's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €0.803. 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 €0.50 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Modine Manufacturing Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Modine Manufacturing 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.

Modine Manufacturing Co Cyclically Adjusted Price-to-FCF Chart

Modine Manufacturing Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 51.14 29.42 53.26

Modine Manufacturing Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 55.65 53.26 69.97 87.28 108.29

Competitive Comparison of Modine Manufacturing Co's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Modine Manufacturing 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.


Modine Manufacturing Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

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



Modine Manufacturing 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.

Modine Manufacturing Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=93.84/0.5
=187.68

* 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.

Modine Manufacturing Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Modine Manufacturing Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.803/129.4194*129.4194
=0.803

Current CPI (Dec. 2023) = 129.4194.

Modine Manufacturing Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.020 99.695 -0.026
201406 -0.174 100.560 -0.224
201409 0.042 100.428 0.054
201412 0.024 99.070 0.031
201503 -0.081 99.621 -0.105
201506 -0.505 100.684 -0.649
201509 -0.026 100.392 -0.034
201512 0.263 99.792 0.341
201603 -0.331 100.470 -0.426
201606 -0.243 101.688 -0.309
201609 -0.104 101.861 -0.132
201612 0.145 101.863 0.184
201703 -0.218 102.862 -0.274
201706 -0.018 103.349 -0.023
201709 0.612 104.136 0.761
201712 0.254 104.011 0.316
201803 0.034 105.290 0.042
201806 -0.446 106.317 -0.543
201809 0.425 106.507 0.516
201812 0.170 105.998 0.208
201903 0.355 107.251 0.428
201906 -0.343 108.070 -0.411
201909 -0.073 108.329 -0.087
201912 0.204 108.420 0.244
202003 -0.020 108.902 -0.024
202006 0.056 108.767 0.067
202009 1.150 109.815 1.355
202012 0.803 109.897 0.946
202103 -0.093 111.754 -0.108
202106 -0.340 114.631 -0.384
202109 -0.289 115.734 -0.323
202112 0.272 117.630 0.299
202203 -0.095 121.301 -0.101
202206 0.074 125.017 0.077
202209 0.556 125.227 0.575
202212 -0.007 125.222 -0.007
202303 0.424 127.348 0.431
202306 0.463 128.729 0.465
202309 1.018 129.860 1.015
202312 0.803 129.419 0.803

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.


Modine Manufacturing Co  (STU:MMF) 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.


Modine Manufacturing Co Cyclically Adjusted Price-to-FCF Related Terms

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


Modine Manufacturing Co (STU:MMF) Business Description

Traded in Other Exchanges
Address
1500 DeKoven Avenue, Racine, WI, USA, 53403-2552
Modine Manufacturing Co provides thermal management solutions to diversified markets and customers. The company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer (OEM) vehicular applications primarily in the United States. It offers powertrain cooling products, such as engine cooling assemblies, radiators, condensers, and charge air coolers; auxiliary cooling products, including power steering and transmission oil coolers.

Modine Manufacturing Co (STU:MMF) Headlines

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