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Andritz AG (Andritz AG) Cyclically Adjusted FCF per Share : $3.96 (As of Mar. 2024)


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What is Andritz AG 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.

Andritz AG's adjusted free cash flow per share for the three months ended in Mar. 2024 was $2.802. 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 $3.96 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Andritz AG's average Cyclically Adjusted FCF Growth Rate was 9.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Andritz AG was 8.00% per year. The lowest was -0.40% per year. And the median was 0.70% per year.

As of today (2024-04-29), Andritz AG's current stock price is $60.20. Andritz AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.96. Andritz AG's Cyclically Adjusted Price-to-FCF of today is 15.20.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Andritz AG was 19.25. The lowest was 8.11. And the median was 14.55.


Andritz AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Andritz AG'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.

Andritz AG Cyclically Adjusted FCF per Share Chart

Andritz AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.59 3.13 3.07 3.46 2.83

Andritz AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.81 3.72 3.83 2.83 3.96

Competitive Comparison of Andritz AG's Cyclically Adjusted FCF per Share

For the Industrial Distribution subindustry, Andritz AG'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.


Andritz AG's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Distribution Industry

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

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



Andritz AG 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, Andritz AG'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)
=2.802/132.0288*132.0288
=2.802

Current CPI (Mar. 2024) = 132.0288.

Andritz AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.156 99.496 -0.207
201409 2.191 99.586 2.905
201412 1.386 99.676 1.836
201503 0.169 99.992 0.223
201506 -0.660 100.492 -0.867
201509 1.263 100.292 1.663
201512 0.124 100.692 0.163
201603 1.605 100.692 2.105
201606 0.054 101.092 0.071
201609 1.264 101.192 1.649
201612 -0.232 102.092 -0.300
201703 1.223 102.592 1.574
201706 -1.010 102.991 -1.295
201709 0.251 103.591 0.320
201712 0.989 104.291 1.252
201803 -0.553 104.491 -0.699
201806 -1.191 105.091 -1.496
201809 -0.076 105.691 -0.095
201812 0.400 106.291 0.497
201903 0.356 106.391 0.442
201906 2.088 106.791 2.581
201909 1.536 106.991 1.895
201912 3.853 108.091 4.706
202003 0.403 108.024 0.493
202006 0.216 107.915 0.264
202009 1.645 108.348 2.005
202012 2.207 109.321 2.665
202103 0.579 110.186 0.694
202106 0.744 110.943 0.885
202109 0.049 111.916 0.058
202112 3.459 113.971 4.007
202203 2.133 117.647 2.394
202206 1.630 120.567 1.785
202209 -0.027 123.811 -0.029
202212 2.291 125.541 2.409
202303 -0.692 128.461 -0.711
202306 -0.938 130.191 -0.951
202309 1.251 131.272 1.258
202312 2.611 132.029 2.611
202403 2.802 132.029 2.802

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


Andritz AG  (OTCPK:ADRZF) 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.

Andritz AG's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=60.20/3.96
=15.20

* 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 Andritz AG was 19.25. The lowest was 8.11. And the median was 14.55.


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.


Andritz AG Cyclically Adjusted FCF per Share Related Terms

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


Andritz AG (Andritz AG) Business Description

Industry
Address
Stattegger Strasse 18, Graz, AUT, 8045
Andritz AG is a producer of high-technology industrial machinery and operates through four operating segments: ANDRITZ Pulp & Paper provides sustainable technology, automation, and service solutions for the production of all types of pulp, paper, board, and tissue, ANDRITZ Metals includes suppliers of technologies, plants, and digital solutions in metal forming, and also includes automation and software solutions, process know-how, and service, ANDRITZ Hydro includes suppliers of electromechanical equipment and services for hydropower plants, and ANDRITZ Separation provides mechanical and thermal technologies as well as services and the related automation solutions for solid/liquid separation, serving the chemical, environmental, food, and the mining and minerals industries.

Andritz AG (Andritz AG) Headlines

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