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ABM Industries (ABM Industries) Cyclically Adjusted Price-to-FCF : 15.62 (As of Apr. 27, 2024)


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What is ABM Industries Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), ABM Industries's current share price is $44.04. ABM Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $2.82. ABM Industries's Cyclically Adjusted Price-to-FCF for today is 15.62.

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

ABM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.12   Med: 16.91   Max: 25.95
Current: 15.71

During the past years, ABM Industries's highest Cyclically Adjusted Price-to-FCF was 25.95. The lowest was 10.12. And the median was 16.91.

ABM's Cyclically Adjusted Price-to-FCF is ranked better than
52.81% of 356 companies
in the Business Services industry
Industry Median: 17.405 vs ABM: 15.71

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.

ABM Industries's adjusted free cash flow per share data for the three months ended in Jan. 2024 was $-0.214. 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 $2.82 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ABM Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ABM Industries'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.

ABM Industries Cyclically Adjusted Price-to-FCF Chart

ABM Industries Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.33 14.06 16.09 17.07 14.36

ABM Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 18.56 17.13 17.60 14.36 14.45

Competitive Comparison of ABM Industries's Cyclically Adjusted Price-to-FCF

For the Specialty Business Services subindustry, ABM Industries'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.


ABM Industries's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ABM Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



ABM Industries 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=44.04/2.82
=15.62

* 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.

ABM Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, ABM Industries's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.214/129.4194*129.4194
=-0.214

Current CPI (Jan. 2024) = 129.4194.

ABM Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 1.177 100.023 1.523
201407 0.177 100.520 0.228
201410 0.963 100.176 1.244
201501 -0.678 98.604 -0.890
201504 1.111 99.824 1.440
201507 0.962 100.691 1.236
201510 0.686 100.346 0.885
201601 -0.641 99.957 -0.830
201604 1.360 100.947 1.744
201607 0.121 101.524 0.154
201610 -0.144 101.988 -0.183
201701 -0.390 102.456 -0.493
201704 0.750 103.167 0.941
201707 -0.657 103.278 -0.823
201710 -0.547 104.070 -0.680
201801 0.348 104.578 0.431
201804 1.331 105.708 1.630
201807 0.888 106.324 1.081
201810 1.498 106.695 1.817
201901 -0.763 106.200 -0.930
201904 1.193 107.818 1.432
201907 0.609 108.250 0.728
201910 1.987 108.577 2.368
202001 -0.682 108.841 -0.811
202004 2.312 108.173 2.766
202007 1.801 109.318 2.132
202010 2.768 109.861 3.261
202101 0.572 110.364 0.671
202104 1.735 112.673 1.993
202107 1.173 115.183 1.318
202110 0.649 116.696 0.720
202201 -1.511 118.619 -1.649
202204 -0.799 121.978 -0.848
202207 0.338 125.002 0.350
202210 1.555 125.734 1.601
202301 -1.268 126.223 -1.300
202304 0.238 127.992 0.241
202307 2.077 128.974 2.084
202310 1.862 129.810 1.856
202401 -0.214 129.419 -0.214

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.


ABM Industries  (NYSE:ABM) 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.


ABM Industries Cyclically Adjusted Price-to-FCF Related Terms

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


ABM Industries (ABM Industries) Business Description

Traded in Other Exchanges
Address
One Liberty Plaza, 7th Floor, New York, NY, USA, 10006
ABM Industries Inc is a provider of integrated facility solutions. It offers its solutions through five segments: Business and Industry, Manufacturing and Distribution, Education, Aviation and Technical solutions. The company derives the majority of its revenue from the business and industry segment, which encompasses janitorial, facilities engineering, and parking services for commercial real estate properties and sports and entertainment venues, as well as vehicle maintenance and other services to rental car providers. The company mainly operates in the United States of America.
Executives
Rene Jacobsen officer: Pres - Business & Industry 551 FIFTH AVENUE, SUITE 300, NEW YORK NY 10176
Andrea R Newborn officer: EVP/GEN. COUNSEL/CORP. SECTY. ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Scott B Salmirs officer: Executive Vice President 551 FIFTH AVE, SUITE 300, NEW YORK NY 10176
Dean A Chin officer: SVP - Chief Accounting Officer 551 FIFTH AVENUE, SUITE 300, NEW YORK NY 10176
James David Devries director ALLSTATE INSURANCE COMPANY, 2775 SANDERS ROAD, NORTHBROOK IL 60062
Joshua H Feinberg officer: Executive Vice President ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Raul Javier Valentin officer: EVP and CHRO ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Linda Chavez director
Art A Garcia director 11690 N.W. 105TH STREET, MIAMI FL 33178
Quincy L Allen director 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Earl Ray Ellis officer: EVP & Chief Financial Officer ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Sean Michael Mahoney officer: EVP, President-Sales & Mktng ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Scott J Giacobbe officer: Pres - Building & Energy 551 FIFTH AVENUE, SUITE 300, NEW YORK NY 10176
Diego Anthony Scaglione officer: SVP/Treasurer 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Jill Golder director 305 HARTMANN DRIVE, LEBANON TN 37087