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Axalta Coating Systems (Axalta Coating Systems) Cyclically Adjusted Price-to-FCF : 18.26 (As of Apr. 27, 2024)


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What is Axalta Coating Systems Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Axalta Coating Systems's current share price is $31.22. Axalta Coating Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.71. Axalta Coating Systems's Cyclically Adjusted Price-to-FCF for today is 18.26.

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

AXTA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.5   Med: 18.99   Max: 20.82
Current: 18.06

During the past years, Axalta Coating Systems's highest Cyclically Adjusted Price-to-FCF was 20.82. The lowest was 15.50. And the median was 18.99.

AXTA's Cyclically Adjusted Price-to-FCF is ranked better than
59.68% of 568 companies
in the Chemicals industry
Industry Median: 23.915 vs AXTA: 18.06

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.

Axalta Coating Systems's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.145. 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 $1.71 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axalta Coating Systems Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Axalta Coating Systems'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.

Axalta Coating Systems Cyclically Adjusted Price-to-FCF Chart

Axalta Coating Systems 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 - - - 15.63 19.84

Axalta Coating Systems 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 15.63 19.33 20.65 16.36 19.84

Competitive Comparison of Axalta Coating Systems's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Axalta Coating Systems'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.


Axalta Coating Systems's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Axalta Coating Systems's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Axalta Coating Systems's Cyclically Adjusted Price-to-FCF falls into.



Axalta Coating Systems 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.

Axalta Coating Systems's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=31.22/1.71
=18.26

* 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.

Axalta Coating Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Axalta Coating Systems'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)
=1.145/129.4194*129.4194
=1.145

Current CPI (Dec. 2023) = 129.4194.

Axalta Coating Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.513 99.695 -0.666
201406 0.133 100.560 0.171
201409 -0.040 100.428 -0.052
201412 0.693 99.070 0.905
201503 -0.549 99.621 -0.713
201506 0.338 100.684 0.434
201509 0.504 100.392 0.650
201512 0.836 99.792 1.084
201603 -0.220 100.470 -0.283
201606 0.716 101.688 0.911
201609 0.465 101.861 0.591
201612 0.780 101.863 0.991
201703 -0.150 102.862 -0.189
201706 0.306 103.349 0.383
201709 0.740 104.136 0.920
201712 0.799 104.011 0.994
201803 -0.246 105.290 -0.302
201806 0.437 106.317 0.532
201809 0.375 106.507 0.456
201812 0.907 105.998 1.107
201903 -0.331 107.251 -0.399
201906 0.425 108.070 0.509
201909 0.825 108.329 0.986
201912 1.038 108.420 1.239
202003 -0.100 108.902 -0.119
202006 -0.091 108.767 -0.108
202009 0.931 109.815 1.097
202012 1.069 109.897 1.259
202103 0.033 111.754 0.038
202106 0.338 114.631 0.382
202109 0.453 115.734 0.507
202112 1.075 117.630 1.183
202203 -0.384 121.301 -0.410
202206 -0.078 125.017 -0.081
202209 0.201 125.227 0.208
202212 0.913 125.222 0.944
202303 -0.420 127.348 -0.427
202306 0.443 128.729 0.445
202309 0.805 129.860 0.802
202312 1.145 129.419 1.145

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.


Axalta Coating Systems  (NYSE:AXTA) 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.


Axalta Coating Systems Cyclically Adjusted Price-to-FCF Related Terms

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


Axalta Coating Systems (Axalta Coating Systems) Business Description

Traded in Other Exchanges
Address
50 Applied Bank Boulevard, Suite 300, Glen Mills, PA, USA, 19342
Axalta Coating Systems Ltd is a manufacturer, marketer and distributor of high-performance coatings systems. It operates in two segments, The Performance Coatings segment provides liquid and powder coatings solutions to a fragmented and local customer base. Its end markets include refinish and industrial. The Mobility Coatings segment relates to the provision of coating technologies to original equipment manufacturers of light and commercial vehicles. The company operates in the geographic areas of North America, EMEA countries, Asia-Pacific and Latin America.
Executives
Hadi Awada officer: SVP, Global Trans. Coatings AXALTA COATING SYSTEMS, 2001 MARKET STREET 36TH FLOOR, PHILADELPHIA PA 19103
Brian A Berube officer: SVP and General Counsel C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Anthony Massey officer: VP, Global Controller, PAO AXALTA COATING SYSTEMS, 2001 MARKET STREET, 36TH FLOOR, PHILADELPHIA PA 19103
Robert M Mclaughlin director C/O AIRGAS, INC., 259 NORTH RADNOR-CHESTER RD, RADNOR PA 19087
Mary Slagle Zappone director 10900 NE 8TH ST., STE. 800, BELLEVUE WA 98004
Amy Tufano officer: SVP & CHRO 50 APPLIED BANK BLVD., SUITE 300, GLEN MILLS PA 19342
Deborah J. Kissire director 210 E. EARLL DRIVE, PHOENIX AZ 85012
William M Cook director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Kevin M Stein director TRANSDIGM GROUP INCORPORATED, 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114
Anderson Carl Douglas Ii officer: SVP and CFO C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Jacqueline Scanlan officer: SVP & CHRO HAEMONETICS CORPORATION, 400 WOOD ROAD, BRAINTREE MA 02184
Chris Villavarayan director, officer: CEO & President C/O MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084
Jan Bertsch director 3850 HAMLIN ROAD, AUBURN HILLS MI 48326
Troy D. Weaver officer: SVP, Global Refinish AXALTA COATING SYSTEMS, 2001 MARKET STREET 36TH FLOOR, PHILADELPHIA PA 19103
Barry S Snyder officer: SVP,Chief Ops & Sup Chain Offc 1200 WILLOW LAKE BOULEVARD, P.O. BOX 64683, ST. PAUL MN 55164-0683