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Kronos Worldwide (Kronos Worldwide) Cyclically Adjusted Price-to-FCF : 15.35 (As of Apr. 30, 2024)


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What is Kronos Worldwide Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Kronos Worldwide's current share price is $11.512. Kronos Worldwide's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.75. Kronos Worldwide's Cyclically Adjusted Price-to-FCF for today is 15.35.

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

KRO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.75   Med: 18.23   Max: 50.41
Current: 15.39

During the past years, Kronos Worldwide's highest Cyclically Adjusted Price-to-FCF was 50.41. The lowest was 8.75. And the median was 18.23.

KRO's Cyclically Adjusted Price-to-FCF is ranked better than
65.85% of 571 companies
in the Chemicals industry
Industry Median: 24.63 vs KRO: 15.39

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.

Kronos Worldwide's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.560. 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 $0.75 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kronos Worldwide Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kronos Worldwide'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.

Kronos Worldwide Cyclically Adjusted Price-to-FCF Chart

Kronos Worldwide 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 15.88 18.91 20.47 11.83 13.19

Kronos Worldwide Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.83 11.84 10.85 10.21 13.19

Competitive Comparison of Kronos Worldwide's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Kronos Worldwide'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.


Kronos Worldwide's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kronos Worldwide's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kronos Worldwide 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.

Kronos Worldwide's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.512/0.75
=15.35

* 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.

Kronos Worldwide's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Kronos Worldwide's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.56/129.4194*129.4194
=0.560

Current CPI (Dec. 2023) = 129.4194.

Kronos Worldwide Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.162 99.695 -0.210
201406 0.094 100.560 0.121
201409 -0.047 100.428 -0.061
201412 0.344 99.070 0.449
201503 -0.187 99.621 -0.243
201506 0.092 100.684 0.118
201509 0.254 100.392 0.327
201512 -0.116 99.792 -0.150
201603 -0.255 100.470 -0.328
201606 0.194 101.688 0.247
201609 0.358 101.861 0.455
201612 0.019 101.863 0.024
201703 0.256 102.862 0.322
201706 0.391 103.349 0.490
201709 0.885 104.136 1.100
201712 0.295 104.011 0.367
201803 0.371 105.290 0.456
201806 0.879 106.317 1.070
201809 0.161 106.507 0.196
201812 -0.271 105.998 -0.331
201903 -0.078 107.251 -0.094
201906 0.082 108.070 0.098
201909 0.770 108.329 0.920
201912 0.135 108.420 0.161
202003 -0.217 108.902 -0.258
202006 0.154 108.767 0.183
202009 0.217 109.815 0.256
202012 0.189 109.897 0.223
202103 0.397 111.754 0.460
202106 0.095 114.631 0.107
202109 0.287 115.734 0.321
202112 0.500 117.630 0.550
202203 -0.284 121.301 -0.303
202206 0.447 125.017 0.463
202209 -0.035 125.227 -0.036
202212 0.033 125.222 0.034
202303 -0.952 127.348 -0.967
202306 0.288 128.729 0.290
202309 0.154 129.860 0.153
202312 0.560 129.419 0.560

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.


Kronos Worldwide  (NYSE:KRO) 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.


Kronos Worldwide Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Kronos Worldwide's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Kronos Worldwide (Kronos Worldwide) Business Description

Industry
Traded in Other Exchanges
Address
5430 LBJ Freeway, Suite 1700, Dallas, TX, USA, 75240-2620
Kronos Worldwide Inc manufactures and sells titanium dioxide pigments. Titanium dioxide is a white inorganic pigment used in a variety of products. The majority of Kronos' sales come from titanium dioxide used for coatings on automobiles, aircraft, machines, appliances, traffic paint, and in both commercial and residential interiors and exteriors. The second- largest product category is titanium dioxide used for plastics such as packaging materials and food packaging, houseware, appliances, toys, and computer cases. The majority of revenue comes from the United States.
Executives
Kevin B Kramer director C/O STONERIGDGE INC., 9400 E. MARKET ST, WARREN OH 44484
Andrew B Nace officer: Executive Vice President 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Miller William Earl Jr. officer: VP, Global Human Resources 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Dennis Werner officer: President, EMEAA 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Amy A. Samford officer: Executive Vice President 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Rainer Gruber officer: EX VP, Chief Manu/Tech Officer 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Gouveia Randall Colin director 2225 W. CHANDLER BLVD.,, CHANDLER AZ 85224
Alexis A Thomason officer: VP and General Counsel 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Bart W Reichert officer: Vice President, Internal Audit 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Bryan A. Hanley officer: Vice President and Treasurer 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Loretta J. Feehan director 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
John E Harper director 2300 WEST PLANO PARKWAY, PLANO TX 75075
Thomas P Stafford director C/O WACKENHUT CORP, 4200 WACKENHUT DRIVE #100, PALM BEACH GARDENS FL 33410-4243
Meredith W. Mendes director 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Kristin B Mccoy officer: Vice President, Tax 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240

Kronos Worldwide (Kronos Worldwide) Headlines