GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Takkt AG (XSWX:TTK) » Definitions » Cyclically Adjusted Price-to-FCF

Takkt AG (XSWX:TTK) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


View and export this data going back to 1999. Start your Free Trial

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

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Takkt AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Takkt 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.

Takkt AG Cyclically Adjusted Price-to-FCF Chart

Takkt 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 9.32 7.86 11.33 9.71 9.27

Takkt 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 10.14 9.80 8.97 9.27 9.02

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

For the Business Equipment & Supplies subindustry, Takkt 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.


Takkt AG's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Takkt AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Takkt 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.

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

For example, Takkt 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)
=0.362/125.0381*125.0381
=0.362

Current CPI (Mar. 2024) = 125.0381.

Takkt AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.584 99.543 0.734
201409 0.526 99.823 0.659
201412 0.260 99.543 0.327
201503 0.204 99.717 0.256
201506 0.306 100.417 0.381
201509 0.363 100.417 0.452
201512 0.321 99.717 0.403
201603 0.490 100.017 0.613
201606 0.495 100.717 0.615
201609 0.426 101.017 0.527
201612 0.238 101.217 0.294
201703 0.407 101.417 0.502
201706 0.420 102.117 0.514
201709 0.308 102.717 0.375
201712 0.085 102.617 0.104
201803 0.394 102.917 0.479
201806 0.139 104.017 0.167
201809 0.432 104.718 0.516
201812 0.332 104.217 0.398
201903 0.402 104.217 0.482
201906 0.494 105.718 0.584
201909 0.587 106.018 0.692
201912 0.308 105.818 0.364
202003 0.113 105.718 0.134
202006 1.004 106.618 1.177
202009 0.404 105.818 0.477
202012 0.233 105.518 0.276
202103 0.354 107.518 0.412
202106 0.240 108.486 0.277
202109 0.185 109.435 0.211
202112 -0.137 110.384 -0.155
202203 0.158 113.968 0.173
202206 -0.181 115.760 -0.196
202209 0.370 118.818 0.389
202212 0.694 119.345 0.727
202303 0.273 122.402 0.279
202306 0.189 123.140 0.192
202309 0.423 124.195 0.426
202312 0.443 123.773 0.448
202403 0.362 125.038 0.362

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.


Takkt AG  (XSWX:TTK) 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.


Takkt AG Cyclically Adjusted Price-to-FCF Related Terms

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


Takkt AG (XSWX:TTK) Business Description

Industry
Traded in Other Exchanges
Address
Presselstrasse 12, Stuttgart, BW, DEU, 70191
Takkt AG specializes in B2B distance selling for business equipment. The company is engaged in three segments namely, Industrial & Packaging, Office Furniture & Displays and FoodService. The company has its geographic presence in Germany, Europe without Germany, USA and Others.

Takkt AG (XSWX:TTK) Headlines

No Headlines