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Ag Growth International (TSX:AFN) Cyclically Adjusted Price-to-FCF : 82.70 (As of Jun. 09, 2024)


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What is Ag Growth International Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Ag Growth International's current share price is C$52.10. Ag Growth International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.63. Ag Growth International's Cyclically Adjusted Price-to-FCF for today is 82.70.

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

TSX:AFN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.72   Med: 35.62   Max: 98.98
Current: 82.63

During the past years, Ag Growth International's highest Cyclically Adjusted Price-to-FCF was 98.98. The lowest was 12.72. And the median was 35.62.

TSX:AFN's Cyclically Adjusted Price-to-FCF is ranked worse than
86.87% of 99 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 25.54 vs TSX:AFN: 82.63

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.

Ag Growth International's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$-1.225. 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 C$0.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ag Growth International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ag Growth International'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.

Ag Growth International Cyclically Adjusted Price-to-FCF Chart

Ag Growth International 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 46.44 27.77 36.63 45.05 76.68

Ag Growth International 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 75.13 56.31 61.54 76.68 97.31

Competitive Comparison of Ag Growth International's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, Ag Growth International'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.


Ag Growth International's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ag Growth International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ag Growth International 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.

Ag Growth International's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=52.10/0.63
=82.70

* 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.

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

For example, Ag Growth International'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)
=-1.225/126.2576*126.2576
=-1.225

Current CPI (Mar. 2024) = 126.2576.

Ag Growth International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.066 99.473 0.084
201409 0.167 99.394 0.212
201412 0.318 98.367 0.408
201503 -1.915 99.789 -2.423
201506 -0.086 100.500 -0.108
201509 0.461 100.421 0.580
201512 3.635 99.947 4.592
201603 0.099 101.054 0.124
201606 0.329 102.002 0.407
201609 0.632 101.765 0.784
201612 -1.109 101.449 -1.380
201703 -0.383 102.634 -0.471
201706 -0.384 103.029 -0.471
201709 1.076 103.345 1.315
201712 -0.623 103.345 -0.761
201803 -0.737 105.004 -0.886
201806 0.546 105.557 0.653
201809 0.006 105.636 0.007
201812 -0.070 105.399 -0.084
201903 -1.626 106.979 -1.919
201906 -1.032 107.690 -1.210
201909 1.175 107.611 1.379
201912 0.355 107.769 0.416
202003 -1.134 107.927 -1.327
202006 0.037 108.401 0.043
202009 1.192 108.164 1.391
202012 1.613 108.559 1.876
202103 -0.994 110.298 -1.138
202106 -1.631 111.720 -1.843
202109 0.844 112.905 0.944
202112 0.950 113.774 1.054
202203 -2.909 117.646 -3.122
202206 -0.788 120.806 -0.824
202209 2.291 120.648 2.398
202212 4.434 120.964 4.628
202303 -1.151 122.702 -1.184
202306 0.352 124.203 0.358
202309 0.276 125.230 0.278
202312 2.725 125.072 2.751
202403 -1.225 126.258 -1.225

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.


Ag Growth International  (TSX:AFN) 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.


Ag Growth International Cyclically Adjusted Price-to-FCF Related Terms

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


Ag Growth International (TSX:AFN) Business Description

Traded in Other Exchanges
Address
198 Commerce Drive, Winnipeg, MB, CAN, R3P 0Z6
Ag Growth International Inc manufactures portable and stationary grain handling, storage, and conditioning equipment, including augers, belt conveyors, grain storage bins, grain handling accessories, grain aeration equipment, and grain drying systems. The company operates mainly in Portable handling, permanent handling, storage and conditioning, livestock, and manufacturing sectors. It has two reportable segment farm and commercial. Some of its brands are batco, wheatheart, westfield, storm, rem, hi roller, union iron, hsi, tramco, ptm, vis, nuvision. It has manufacturing facilities in Canada, the United States, Italy, Brazil, France, United Kingdom, and India. Its geographical segments are Canada, United States, and the International.
Executives
Gary Keith Anderson Director

Ag Growth International (TSX:AFN) Headlines

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