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


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What is Oshkosh Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Oshkosh Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Oshkosh'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.

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Oshkosh Cyclically Adjusted Price-to-FCF Chart

Oshkosh Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.84 22.50 21.87 17.93 21.64

Oshkosh 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 16.72 19.12 21.61 21.64 -

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

For the Farm & Heavy Construction Machinery subindustry, Oshkosh'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.


Oshkosh's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Oshkosh's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Oshkosh 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.

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

For example, Oshkosh'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)
=-6.894/129.4194*129.4194
=-6.894

Current CPI (Mar. 2024) = 129.4194.

Oshkosh Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.171 100.560 1.507
201409 0.555 100.428 0.715
201412 -1.309 99.070 -1.710
201503 -0.652 99.621 -0.847
201506 -0.005 100.684 -0.006
201509 1.153 100.392 1.486
201512 0.493 99.792 0.639
201603 -0.053 100.470 -0.068
201606 0.502 101.688 0.639
201609 5.168 101.861 6.566
201612 0.752 101.863 0.955
201703 0.512 102.862 0.644
201706 -0.568 103.349 -0.711
201709 1.063 104.136 1.321
201712 0.122 104.011 0.152
201803 -0.082 105.290 -0.101
201806 2.111 106.317 2.570
201809 2.380 106.507 2.892
201812 -1.456 105.998 -1.778
201903 2.759 107.251 3.329
201906 -1.081 108.070 -1.295
201909 5.509 108.329 6.582
201912 -2.772 108.420 -3.309
202003 2.722 108.902 3.235
202006 -0.698 108.767 -0.831
202009 3.616 109.815 4.262
202012 5.008 109.897 5.898
202103 4.444 111.754 5.146
202106 1.381 114.631 1.559
202109 5.182 115.734 5.795
202112 -3.037 117.630 -3.341
202203 4.532 121.301 4.835
202206 -6.646 125.017 -6.880
202209 1.677 125.227 1.733
202212 5.456 125.222 5.639
202303 -0.482 127.348 -0.490
202306 -2.204 128.729 -2.216
202309 1.037 129.860 1.033
202312 5.791 129.419 5.791
202403 -6.894 129.419 -6.894

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.


Oshkosh  (NYSE:OSK) 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.


Oshkosh Cyclically Adjusted Price-to-FCF Related Terms

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


Oshkosh (Oshkosh) Business Description

Traded in Other Exchanges
Address
1917 Four Wheel Drive, Oshkosh, WI, USA, 54902
Oshkosh is the top producer of access equipment, specialty vehicles, and military trucks. It serves diverse end markets, where it is typically the market share leader in North America, or, in the case of JLG aerial work platforms, a global leader. In recent years, the company has manufactured joint light tactical vehicles, or JLTV, for the U.S. Department of Defense. However, Oshkosh recently lost the JLTV recompete, bringing its U.S. Postal Service contract into focus, which calls for the electrification of U.S. postal vehicles. The company reports four segments—access equipment (48% of revenue), defense (26%), fire and emergency (13%), and commercial (13%)—and generated $8.3 billion in revenue in 2022.
Executives
Bryan K Brandt officer: SVP & Chief Marketing Officer 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
James W. Johnson officer: Exec. VP & Pres., Fire & Emerg C/O OSHKOSH CORPORATION, 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
John S Verich officer: SVP and Treasurer 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Michael E Pack officer: Exec. VP and CFO 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Frank R. Nerenhausen officer: EVP & Pres. Commercial Segment C/O OSHKOSH CORPORATION, 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Jason P Baab officer: SVP, Corp. Develop. & Strategy 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Timothy S Bleck officer: SVP & Pres. Defense Segment 1917 FOUR WHEEL DR, OSHKOSH WI 54902
David G Perkins director 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Thomas P Hawkins officer: SVP, Government Relations 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Jayanthi Iyengar officer: EVP, Chief Tech & Strategic C/O ARRAY TECHNOLOGIES, INC., 3901 MIDWAY PLACE NE, ALBUQUERQUE NM 87109
John J Bryant officer: SVP and Pres, Defense Segment 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Douglas Lee Davis director 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
James C Freeders officer: Senior VP and Controller 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Bradley M. Nelson officer: SVP & Pres. Commercial Segment C/O OSHKOSH CORPORATION, 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54903-2566
Anupam Khare officer: SVP/Chief Information Officer 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902