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Mercedes-Benz Group AG (BUD:MERCEDESBENZ) Cyclically Adjusted FCF per Share : Ft31.43 (As of Mar. 2024)


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What is Mercedes-Benz Group 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.

Mercedes-Benz Group AG's adjusted free cash flow per share for the three months ended in Mar. 2024 was Ft1,155.583. 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 Ft31.43 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 66.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 45.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 18.30% 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 Mercedes-Benz Group AG was 66.20% per year. The lowest was -17.40% per year. And the median was 10.10% per year.

As of today (2024-05-26), Mercedes-Benz Group AG's current stock price is Ft25400.00. Mercedes-Benz Group AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was Ft31.43. Mercedes-Benz Group AG's Cyclically Adjusted Price-to-FCF of today is 808.15.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mercedes-Benz Group AG was 942.13. The lowest was 825.38. And the median was 910.75.


Mercedes-Benz Group AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Mercedes-Benz Group 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.

Mercedes-Benz Group AG Cyclically Adjusted FCF per Share Chart

Mercedes-Benz Group 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 - - - -466.64 -72.75

Mercedes-Benz Group 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 -333.20 -237.34 -208.53 -72.75 31.43

Competitive Comparison of Mercedes-Benz Group AG's Cyclically Adjusted FCF per Share

For the Auto Manufacturers subindustry, Mercedes-Benz Group 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.


Mercedes-Benz Group AG's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Mercedes-Benz Group 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, Mercedes-Benz Group 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)
=1155.583/125.0381*125.0381
=1,155.583

Current CPI (Mar. 2024) = 125.0381.

Mercedes-Benz Group AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -635.388 99.543 -798.128
201409 65.254 99.823 81.737
201412 -2,691.668 99.543 -3,381.076
201503 132.169 99.717 165.731
201506 -905.960 100.417 -1,128.094
201509 -457.252 100.417 -569.367
201512 -1,371.527 99.717 -1,719.805
201603 -194.964 100.017 -243.739
201606 -250.637 100.717 -311.161
201609 -515.197 101.017 -637.708
201612 -884.368 101.217 -1,092.502
201703 -37.875 101.417 -46.697
201706 -669.728 102.117 -820.055
201709 -385.396 102.717 -469.145
201712 -3,495.637 102.617 -4,259.405
201803 -528.524 102.917 -642.124
201806 -843.251 104.017 -1,013.663
201809 -1,778.376 104.718 -2,123.473
201812 -857.332 104.217 -1,028.611
201903 -673.575 104.217 -808.143
201906 -418.841 105.718 -495.387
201909 619.273 106.018 730.375
201912 -637.470 105.818 -753.259
202003 -293.658 105.718 -347.326
202006 1,893.327 106.618 2,220.436
202009 2,738.115 105.818 3,235.461
202012 994.892 105.518 1,178.945
202103 1,172.936 107.518 1,364.068
202106 2,129.306 108.486 2,454.186
202109 2,683.497 109.435 3,066.115
202112 755.410 110.384 855.699
202203 532.524 113.968 584.249
202206 1,216.084 115.760 1,313.548
202209 1,236.347 118.818 1,301.072
202212 451.009 119.345 472.524
202303 644.202 122.402 658.074
202306 704.978 123.140 715.842
202309 510.755 124.195 514.224
202312 388.591 123.773 392.563
202403 1,155.583 125.038 1,155.583

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


Mercedes-Benz Group AG  (BUD:MERCEDESBENZ) 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.

Mercedes-Benz Group AG's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=25400.00/31.43
=808.15

* 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 Mercedes-Benz Group AG was 942.13. The lowest was 825.38. And the median was 910.75.


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.


Mercedes-Benz Group AG Cyclically Adjusted FCF per Share Related Terms

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


Mercedes-Benz Group AG (BUD:MERCEDESBENZ) Business Description

Address
Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Based in Stuttgart, Germany, Mercedes-Benz Group makes premium and luxury passenger vehicles and commercial vans. Brands include Mercedes-Benz, AMG, and Maybach. Mercedes-Benz Mobility provides the company's dealers and its customers with vehicle financing as well as mobility services in ride hailing, car sharing, and charging. Mercedes owns 9.74% of Aston Martin and 9.55% of Beijing Automotive Group. Through Tenaciou3 Prospect Investment, Li Shufu, chair of Chinese automaker Geely, owns 9.69% of Mercedes-Benz. Other major shareholders include Beijing Automotive Group at 9.98% and Kuwait Investment Authority at 4.9% (6.8% before the sale of a 1.9% stake in March 2023).

Mercedes-Benz Group AG (BUD:MERCEDESBENZ) Headlines

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