GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ITT Inc (NYSE:ITT) » Definitions » Cyclically Adjusted Price-to-FCF

ITT (ITT) Cyclically Adjusted Price-to-FCF : 50.27 (As of Apr. 27, 2024)


View and export this data going back to 1995. Start your Free Trial

What is ITT Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), ITT's current share price is $131.20. ITT's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.61. ITT's Cyclically Adjusted Price-to-FCF for today is 50.27.

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

ITT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.28   Med: 33.01   Max: 6340
Current: 49.9

During the past years, ITT's highest Cyclically Adjusted Price-to-FCF was 6340.00. The lowest was 6.28. And the median was 33.01.

ITT's Cyclically Adjusted Price-to-FCF is ranked worse than
66.63% of 1016 companies
in the Industrial Products industry
Industry Median: 32.505 vs ITT: 49.90

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.

ITT's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.586. 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 $2.61 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ITT Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ITT'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.

ITT Cyclically Adjusted Price-to-FCF Chart

ITT 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 - 81.60 50.63 37.89 45.75

ITT 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 37.89 38.30 39.79 38.38 45.75

Competitive Comparison of ITT's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, ITT'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.


ITT's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ITT's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



ITT 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=131.20/2.61
=50.27

* 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.

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

For example, ITT'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)
=1.586/129.4194*129.4194
=1.586

Current CPI (Dec. 2023) = 129.4194.

ITT Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.351 99.695 -0.456
201406 0.717 100.560 0.923
201409 0.197 100.428 0.254
201412 0.733 99.070 0.958
201503 -0.243 99.621 -0.316
201506 0.704 100.684 0.905
201509 0.454 100.392 0.585
201512 0.658 99.792 0.853
201603 -0.086 100.470 -0.111
201606 0.441 101.688 0.561
201609 0.577 101.861 0.733
201612 0.645 101.863 0.819
201703 -0.119 102.862 -0.150
201706 0.551 103.349 0.690
201709 0.671 104.136 0.834
201712 0.378 104.011 0.470
201803 0.140 105.290 0.172
201806 0.669 106.317 0.814
201809 1.232 106.507 1.497
201812 1.028 105.998 1.255
201903 0.141 107.251 0.170
201906 0.496 108.070 0.594
201909 1.094 108.329 1.307
201912 1.283 108.420 1.531
202003 0.357 108.902 0.424
202006 1.583 108.767 1.884
202009 1.178 109.815 1.388
202012 1.178 109.897 1.387
202103 0.616 111.754 0.713
202106 -3.704 114.631 -4.182
202109 1.009 115.734 1.128
202112 0.972 117.630 1.069
202203 -0.385 121.301 -0.411
202206 0.474 125.017 0.491
202209 0.418 125.227 0.432
202212 1.594 125.222 1.647
202303 0.353 127.348 0.359
202306 1.477 128.729 1.485
202309 1.789 129.860 1.783
202312 1.586 129.419 1.586

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.


ITT  (NYSE:ITT) 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.


ITT Cyclically Adjusted Price-to-FCF Related Terms

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


ITT (ITT) Business Description

Industry
Traded in Other Exchanges
Address
100 Washington Boulevard, 6th Floor, Stamford, CT, USA, 06902
ITT is a diversified industrial conglomerate with over $3 billion in sales. After the spinoffs of Xylem and Exelis in 2011, the company's products primarily include brake pads, shock absorbers, pumps, valves, connectors, and switches. Its customers include original-equipment and Tier 1 manufacturers as well as aftermarket customers. ITT uses a network of approximately 700 independent distributors, which accounts for about one third of overall revenue. Nearly three fourths of the company's sales are made in North America and Europe. ITT's primary end markets include automotive, rail, oil and gas, aerospace and defense, chemical, mining, and general industrial.
Executives
Ryan F. Flynn officer: See Remarks 56 TECHNOLOGY DR., IRVINE CA 92618
Don Defosset director C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Nazzic S Keene director 1710 SAIC DRIVE, MCLEAN VA 22102
Kevin C Berryman director 521 WEST 57TH STREET, NEW YORK NY 10019
Maurine C. Lembesis officer: See Remarks 8 RYANS RUN, PLEASANT VALLEY NY 12569
Carlo Ghirardo officer: See Remarks VIA BONINO, 5, BRA (CN) L6 12042
Fernando Roland officer: SVP & Pres Industrial Process 100 WASHINGTON BLVD., 6TH FLOOR, STAMFORD CT 06902
Lori B. Marino officer: SVP, General Counsel 100 WASHINGTON BLVD, STAMFORD CT 06902
De Mesa Graziano Cheryl officer: VP, Chief Accounting Officer 80 GRASSLANDS ROAD, ELMSFORD NY 10523
Emmanuel Caprais officer: Chief Financial Officer 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Mary Elizabeth Gustafsson officer: See Remarks ITT CORPORATION, 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Timothy H Powers director C/O RICHARD W DAVLES HUBBELL INC, 684 DERBY MILFORD RD, ORANGE CT 06477
Luca Savi officer: See Remarks C/O ITT CORPORATION, 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Bartek Markowiecki officer: SVP, Strategy & Corp Dev. C/O ITT INC., 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Orlando D Ashford director C/O AMERANT BANK, 220 ALHAMBRA CR., CORAL GABLES FL 33134