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CNH (CNH Industrial NV) Cyclically Adjusted FCF per Share : $1.00 (As of Mar. 2025)


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What is CNH Industrial NV Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

CNH Industrial NV's adjusted free cash flow per share for the three months ended in Mar. 2025 was $-0.081. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $1.00 for the trailing ten years ended in Mar. 2025.

During the past 12 months, CNH Industrial NV's average Cyclically Adjusted FCF Growth Rate was 33.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2025-07-06), CNH Industrial NV's current stock price is $13.69. CNH Industrial NV's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $1.00. CNH Industrial NV's Cyclically Adjusted Price-to-FCF of today is 13.69.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CNH Industrial NV was 47.66. The lowest was 10.72. And the median was 20.73.


CNH Industrial NV Cyclically Adjusted FCF per Share Historical Data

The historical data trend for CNH Industrial NV's Cyclically Adjusted FCF per Share 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.

CNH Industrial NV Cyclically Adjusted FCF per Share Chart

CNH Industrial NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.49 0.59 0.89

CNH Industrial NV Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted FCF per Share 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 0.75 0.80 0.90 0.89 1.00

Competitive Comparison of CNH Industrial NV's Cyclically Adjusted FCF per Share

For the Farm & Heavy Construction Machinery subindustry, CNH Industrial NV'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.


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

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

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


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CNH Industrial NV Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, CNH Industrial NV's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.081/136.1000*136.1000
=-0.081

Current CPI (Mar. 2025) = 136.1000.

CNH Industrial NV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.299 100.100 0.407
201509 0.004 100.200 0.005
201512 0.689 100.400 0.934
201603 -0.286 100.400 -0.388
201606 0.020 101.000 0.027
201609 0.075 101.500 0.101
201612 0.657 102.200 0.875
201703 -0.332 102.700 -0.440
201706 0.060 103.500 0.079
201709 0.233 104.300 0.304
201712 0.499 105.000 0.647
201803 -0.322 105.100 -0.417
201806 0.306 105.900 0.393
201809 -0.023 106.600 -0.029
201812 0.521 107.100 0.662
201903 -0.822 107.000 -1.046
201906 -0.144 107.900 -0.182
201909 -0.076 108.400 -0.095
201912 0.945 108.500 1.185
202003 -1.018 108.600 -1.276
202006 0.958 108.800 1.198
202009 1.371 109.200 1.709
202012 2.154 109.400 2.680
202103 0.153 109.700 0.190
202106 0.604 111.400 0.738
202109 0.230 112.400 0.278
202112 1.333 114.700 1.582
202203 -0.781 116.500 -0.912
202206 -0.357 120.500 -0.403
202209 0.037 122.300 0.041
202212 0.771 125.300 0.837
202303 -0.661 126.800 -0.709
202306 -0.297 129.400 -0.312
202309 -0.068 130.100 -0.071
202312 0.828 130.500 0.864
202403 -0.860 131.600 -0.889
202406 0.128 133.000 0.131
202409 0.399 133.500 0.407
202412 0.970 135.100 0.977
202503 -0.081 136.100 -0.081

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


CNH Industrial NV  (NYSE:CNH) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

CNH Industrial NV's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=13.69/1.00
=13.69

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CNH Industrial NV was 47.66. The lowest was 10.72. And the median was 20.73.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


CNH Industrial NV Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of CNH Industrial NV's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


CNH Industrial NV Business Description

Traded in Other Exchanges
Address
Cranes Farm Road, Basildon, Essex, London, GBR, SS14 3AD
CNH Industrial is the world's second largest manufacturer of agricultural machinery (82% of industrial net sales) as well as a major player in construction equipment (18% of industrial net sales). Its Case and New Holland brands have served farmers for generations. Geographically, agriculture sales are 40% North America, 32% Europe, Middle East, and Africa, 18% South America, and 10% Asia-Pacific. CNH's products are available through a robust independent dealer network, which includes over 2,600 dealer and distribution locations and reach into 164 countries. The construction business leverages over 400 dealers. The company's captive finance arm provides retail financing to its customers as well as wholesale financing for dealers to maintain inventory, which supports sales.