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Grenke AG (Grenke AG) Cyclically Adjusted Price-to-FCF : 13.58 (As of Jun. 10, 2024)


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What is Grenke AG Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Grenke AG's current share 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 for today is 13.58.

The historical rank and industry rank for Grenke AG's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

GKSGF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.77   Med: 24.18   Max: 587.94
Current: 11.8

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

GKSGF's Cyclically Adjusted Price-to-FCF is ranked worse than
56.73% of 104 companies
in the Credit Services industry
Industry Median: 9.34 vs GKSGF: 11.80

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 adjusted free cash flow per share data 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 10 will get our Cyclically Adjusted FCF per Share, which is $2.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grenke AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Grenke AG's Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Chart

Grenke AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 177.22 22.27 19.77 26.97 16.28

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 Price-to-FCF 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 17.23 20.24 9.42 16.28 13.59

Competitive Comparison of Grenke AG's Cyclically Adjusted Price-to-FCF

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 Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Grenke AG's Cyclically Adjusted Price-to-FCF for 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.

Grenke AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

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.

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.


Grenke AG  (OTCPK:GKSGF) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Grenke AG Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Grenke AG's Cyclically Adjusted Price-to-FCF 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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