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TFI International (TSX:TFII) Cyclically Adjusted Price-to-FCF : 34.30 (As of May. 14, 2024)


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What is TFI International Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), TFI International's current share price is C$186.95. TFI International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$5.45. TFI International's Cyclically Adjusted Price-to-FCF for today is 34.30.

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

TSX:TFII' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.44   Med: 20.28   Max: 44.88
Current: 34.6

During the past years, TFI International's highest Cyclically Adjusted Price-to-FCF was 44.88. The lowest was 12.44. And the median was 20.28.

TSX:TFII's Cyclically Adjusted Price-to-FCF is ranked worse than
69.5% of 423 companies
in the Transportation industry
Industry Median: 18.59 vs TSX:TFII: 34.60

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.

TFI International's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$1.946. 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$5.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TFI International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TFI 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.

TFI International Cyclically Adjusted Price-to-FCF Chart

TFI 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 21.12 24.61 41.50 31.70 34.28

TFI 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 35.19 31.87 35.08 34.28 39.63

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

For the Trucking subindustry, TFI 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.


TFI International's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, TFI International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



TFI 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=186.95/5.45
=34.30

* 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.

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

For example, TFI 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)
=1.946/125.4675*125.4675
=1.946

Current CPI (Mar. 2024) = 125.4675.

TFI International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.384 99.473 0.484
201409 0.822 99.394 1.038
201412 0.990 98.367 1.263
201503 0.316 99.789 0.397
201506 0.318 100.500 0.397
201509 0.689 100.421 0.861
201512 1.256 99.947 1.577
201603 0.085 101.054 0.106
201606 0.711 102.002 0.875
201609 0.705 101.765 0.869
201612 0.828 101.449 1.024
201703 -0.410 102.634 -0.501
201706 0.038 103.029 0.046
201709 0.476 103.345 0.578
201712 0.551 103.345 0.669
201803 0.205 105.004 0.245
201806 0.854 105.557 1.015
201809 0.772 105.636 0.917
201812 0.549 105.399 0.654
201903 1.245 106.979 1.460
201906 0.654 107.690 0.762
201909 0.979 107.611 1.141
201912 0.581 107.769 0.676
202003 1.813 107.927 2.108
202006 2.262 108.401 2.618
202009 1.466 108.164 1.701
202012 1.389 108.559 1.605
202103 1.538 110.298 1.750
202106 3.027 111.720 3.399
202109 1.869 112.905 2.077
202112 1.159 113.774 1.278
202203 0.618 117.646 0.659
202206 2.385 120.806 2.477
202209 3.883 120.648 4.038
202212 2.066 120.964 2.143
202303 2.411 122.702 2.465
202306 1.763 124.203 1.781
202309 2.455 125.230 2.460
202312 3.446 125.468 3.446
202403 1.946 125.468 1.946

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.


TFI International  (TSX:TFII) 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.


TFI International Cyclically Adjusted Price-to-FCF Related Terms

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


TFI International (TSX:TFII) Business Description

Traded in Other Exchanges
Address
8801 Trans-Canada Highway, Suite 500, Saint-Laurent, Montreal, QC, CAN, H4S 1Z6
TFI International Inc is a transportation and logistics company domiciled in Canada. The company organises itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads. The truckload segment transports goods by flatbed trucks, containers, or a more specialised service. The company provides general logistics services through the logistics segment. TFI International derives the majority of revenue domestically, followed by the United States.
Executives
David Joseph Saperstein Senior Officer