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Forvia SE (XPAR:FRVIA) Cyclically Adjusted Price-to-FCF : 6.59 (As of May. 26, 2024)


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What is Forvia SE Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Forvia SE's current share price is €14.435. Forvia SE's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €2.19. Forvia SE's Cyclically Adjusted Price-to-FCF for today is 6.59.

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

XPAR:FRVIA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.02   Med: 31.64   Max: 74.63
Current: 6.6

During the past 13 years, Forvia SE's highest Cyclically Adjusted Price-to-FCF was 74.63. The lowest was 6.02. And the median was 31.64.

XPAR:FRVIA's Cyclically Adjusted Price-to-FCF is ranked better than
89.1% of 477 companies
in the Vehicles & Parts industry
Industry Median: 21.68 vs XPAR:FRVIA: 6.60

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.

Forvia SE's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €2.182. 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 €2.19 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Forvia SE Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Forvia SE'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.

Forvia SE Cyclically Adjusted Price-to-FCF Chart

Forvia SE 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 31.97 33.18 30.84 6.97 9.34

Forvia SE Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 30.84 - 6.97 - 9.34

Competitive Comparison of Forvia SE's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Forvia SE'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.


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

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

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



Forvia SE 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.435/2.19
=6.59

* 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.

Forvia SE's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Forvia SE's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=2.182/118.3900*118.3900
=2.182

Current CPI (Dec23) = 118.3900.

Forvia SE Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.815 99.860 2.152
201512 2.298 100.040 2.720
201612 1.664 100.650 1.957
201712 2.660 101.850 3.092
201812 2.478 103.470 2.835
201912 2.744 104.980 3.095
202012 0.186 104.960 0.210
202112 1.264 107.850 1.388
202212 2.149 114.160 2.229
202312 2.182 118.390 2.182

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.


Forvia SE  (XPAR:FRVIA) 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.


Forvia SE Cyclically Adjusted Price-to-FCF Related Terms

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


Forvia SE (XPAR:FRVIA) Business Description

Industry
Traded in Other Exchanges
Address
23-27 avenue des Champs-Pierreux, Nanterre, FRA, 92000
Forvia operates in automotive seating, interior systems, emission control technologies, electronics, lighting, and a segment called lifecycle solutions that does automotive-related recycling. The company has a global presence, with over 300 industrial facilities and 63 R&D centers in more than 40 countries, but much of its workforce is located in high-cost countries. Forvia's five largest customers by percentage of 2022 revenue are Volkswagen at 15.4%, Stellantis at 11.7%, Ford at 7.7%, the Renault-Nissan-Mitsubishi Alliance at 6.2%, and Mercedes-Benz at 6.1%. Geographically, Europe accounted for 44% of 2022 revenue, followed by North America at 25%, China at 21%, and all other regions at 10%.

Forvia SE (XPAR:FRVIA) Headlines

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