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Grenke AG (Grenke AG) Cyclically Adjusted FCF per Share : $2.08 (As of Mar. 2024)


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What is Grenke 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.

Grenke AG's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.644. 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 $2.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Grenke AG's average Cyclically Adjusted FCF Growth Rate was 20.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -4.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 26.30% 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 Grenke AG was 62.70% per year. The lowest was -4.00% per year. And the median was 12.00% per year.

As of today (2024-06-10), Grenke AG's current stock price is $28.25. Grenke AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.08. Grenke AG's Cyclically Adjusted Price-to-FCF of today is 13.58.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Grenke AG was 587.94. The lowest was 8.77. And the median was 24.18.


Grenke AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Grenke 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.

Grenke AG Cyclically Adjusted FCF per Share Chart

Grenke 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 0.52 2.06 1.74 0.80 1.74

Grenke 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 1.64 1.40 3.00 1.74 2.08

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

For the Credit Services subindustry, Grenke 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.


Grenke AG's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Grenke AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Grenke 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, Grenke 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)
=0.644/125.0381*125.0381
=0.644

Current CPI (Mar. 2024) = 125.0381.

Grenke AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.575 99.543 0.722
201409 0.818 99.823 1.025
201412 -0.091 99.543 -0.114
201503 1.109 99.717 1.391
201506 0.314 100.417 0.391
201509 -0.481 100.417 -0.599
201512 1.716 99.717 2.152
201603 -1.073 100.017 -1.341
201606 -0.157 100.717 -0.195
201609 0.090 101.017 0.111
201612 0.410 101.217 0.506
201703 -0.318 101.417 -0.392
201706 1.308 102.117 1.602
201709 1.634 102.717 1.989
201712 -2.360 102.617 -2.876
201803 4.821 102.917 5.857
201806 -4.858 104.017 -5.840
201809 -1.750 104.718 -2.090
201812 2.135 104.217 2.562
201903 -0.219 104.217 -0.263
201906 0.838 105.718 0.991
201909 2.569 106.018 3.030
201912 -0.970 105.818 -1.146
202003 3.004 105.718 3.553
202006 12.974 106.618 15.216
202009 -6.380 105.818 -7.539
202012 3.693 105.518 4.376
202103 3.229 107.518 3.755
202106 -5.367 108.486 -6.186
202109 4.784 109.435 5.466
202112 -4.550 110.384 -5.154
202203 -2.320 113.968 -2.545
202206 -4.488 115.760 -4.848
202209 -1.168 118.818 -1.229
202212 -0.111 119.345 -0.116
202303 9.182 122.402 9.380
202306 -4.092 123.140 -4.155
202309 8.433 124.195 8.490
202312 -6.293 123.773 -6.357
202403 0.644 125.038 0.644

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


Grenke AG  (OTCPK:GKSGF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=28.25/2.08
=13.58

* 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 Grenke AG was 587.94. The lowest was 8.77. And the median was 24.18.


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.


Grenke AG Cyclically Adjusted FCF per Share Related Terms

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


Grenke AG (Grenke AG) Business Description

Industry
Traded in Other Exchanges
Address
Neuer Markt 2, Baden-Baden, DEU, 76532
Grenke AG is a financial-services company that, under a franchise model, provides operational infrastructure, the licensing of the group's name to contracted parties, and other support services. The firm retains the right to acquire the franchisee based on a predetermined formula and time frame. Grenke's reporting segments include Leasing, Banking, and Factoring. The Leasing segment produces the most revenue. GRENKE Bank's actions compose the banking segment, primarily including acting as the financing partner for SMEs. The Factoring segment includes mainly small-ticket factoring services. The company operates primarily in Europe, with the most revenue coming from Ireland and Germany.

Grenke AG (Grenke AG) Headlines

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