GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Krka d.d. (XLJU:KRKG) » Definitions » Cyclically Adjusted FCF per Share

Krka d.d. (XLJU:KRKG) Cyclically Adjusted FCF per Share : €6.96 (As of Sep. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Krka d.d. 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.

Krka d.d.'s adjusted free cash flow per share for the three months ended in Sep. 2023 was €1.495. 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 €6.96 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Krka d.d.'s average Cyclically Adjusted FCF Growth Rate was 5.50% 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 (2024-06-06), Krka d.d.'s current stock price is €131.00. Krka d.d.'s Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was €6.96. Krka d.d.'s Cyclically Adjusted Price-to-FCF of today is 18.82.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Krka d.d. was 21.93. The lowest was 13.03. And the median was 16.24.


Krka d.d. Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Krka d.d.'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.

Krka d.d. Cyclically Adjusted FCF per Share Chart

Krka d.d. Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 5.77 6.86

Krka d.d. Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 6.60 6.86 6.92 6.93 6.96

Competitive Comparison of Krka d.d.'s Cyclically Adjusted FCF per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Krka d.d.'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.


Krka d.d.'s Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Krka d.d.'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Krka d.d. 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, Krka d.d.'s adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.495/129.8595*129.8595
=1.495

Current CPI (Sep. 2023) = 129.8595.

Krka d.d. Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.722 98.326 0.954
201403 -0.211 99.695 -0.275
201406 1.174 100.560 1.516
201409 -0.167 100.428 -0.216
201412 -1.272 99.070 -1.667
201503 0.232 99.621 0.302
201506 2.424 100.684 3.126
201509 1.296 100.392 1.676
201512 1.246 99.792 1.621
201603 0.966 100.470 1.249
201606 0.657 101.688 0.839
201609 1.383 101.861 1.763
201612 -0.160 101.863 -0.204
201703 0.221 102.862 0.279
201706 1.900 103.349 2.387
201709 0.877 104.136 1.094
201712 0.602 104.011 0.752
201803 1.785 105.290 2.202
201806 0.963 106.317 1.176
201809 2.070 106.507 2.524
201812 1.321 105.998 1.618
201903 2.156 107.251 2.610
201906 1.936 108.070 2.326
201909 2.207 108.329 2.646
201912 1.254 108.420 1.502
202003 1.980 108.902 2.361
202006 3.250 108.767 3.880
202009 2.157 109.815 2.551
202012 1.525 109.897 1.802
202103 2.879 111.754 3.345
202106 1.541 114.631 1.746
202109 2.742 115.734 3.077
202112 2.907 117.630 3.209
202203 2.061 121.301 2.206
202206 2.936 125.017 3.050
202209 3.720 125.227 3.858
202212 3.286 125.222 3.408
202303 -0.066 127.348 -0.067
202306 1.883 128.729 1.900
202309 1.495 129.860 1.495

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


Krka d.d.  (XLJU:KRKG) 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.

Krka d.d.'s Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=131.00/6.96
=18.82

* 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 Krka d.d. was 21.93. The lowest was 13.03. And the median was 16.24.


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.


Krka d.d. Cyclically Adjusted FCF per Share Related Terms

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


Krka d.d. (XLJU:KRKG) Business Description

Industry
Traded in Other Exchanges
Address
Smarjeska Cesta 6, Novo Mesto, SVN, 8501
Krka d.d. engages in the development, production, marketing, and sales of human health products (prescription pharmaceuticals and non-prescription products), animal health products, health resort, and tourist services. The company products in Prescription pharmaceuticals include Cardiovascular diseases, Infections, Oncology; Non-prescription products include Cold and cough products, nasal products, vitamin and minerals, hair care products; and Animal health products include Antimicrobials, Disinfectants, among others. It operates across the European Union, South-East Europe, East Europe region, and Others. The company derives a majority of revenue from the European Union.

Krka d.d. (XLJU:KRKG) Headlines

No Headlines