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Deutsche Fachmarkt AG (MUN:DEF) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


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What is Deutsche Fachmarkt AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche Fachmarkt AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Deutsche Fachmarkt 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.

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Deutsche Fachmarkt AG Cyclically Adjusted Price-to-FCF Chart

Deutsche Fachmarkt AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Deutsche Fachmarkt AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Deutsche Fachmarkt AG's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Deutsche Fachmarkt 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.


Deutsche Fachmarkt AG's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Deutsche Fachmarkt AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Deutsche Fachmarkt 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.

Deutsche Fachmarkt AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Deutsche Fachmarkt AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-2.042/123.7729*123.7729
=-2.042

Current CPI (Dec23) = 123.7729.

Deutsche Fachmarkt AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.000 99.543 0.000
201512 -6.269 99.717 -7.781
201612 -5.478 101.217 -6.699
201712 -5.405 102.617 -6.519
201812 -7.672 104.217 -9.112
201912 -3.034 105.818 -3.549
202012 -7.455 105.518 -8.745
202112 -3.967 110.384 -4.448
202212 -7.319 119.345 -7.591
202312 -2.042 123.773 -2.042

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.


Deutsche Fachmarkt AG  (MUN:DEF) 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.


Deutsche Fachmarkt AG Cyclically Adjusted Price-to-FCF Related Terms

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Deutsche Fachmarkt AG (MUN:DEF) Business Description

Industry
Traded in Other Exchanges
Address
Nimrodstr. 23, Berlin, BB, DEU, D-13469
Deutsche Fachmarkt AG is a real estate company. It focusses on small retail properties in small to medium-sized cities in northern and eastern Germany.
Executives
Henrik Von Lukowicz Supervisory Board
Hans Ulrich Rücker Supervisory Board

Deutsche Fachmarkt AG (MUN:DEF) Headlines