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K+S AG (K+S AG) Cyclically Adjusted FCF per Share : $-0.93 (As of Dec. 2023)


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What is K+S AG 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.

K+S AG's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.025. 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 $-0.93 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -25.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of K+S AG was 2.60% per year. The lowest was -68.60% per year. And the median was -46.25% per year.

As of today (2024-04-28), K+S AG's current stock price is $13.85. K+S AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-0.93. K+S AG's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of K+S AG was 401.00. The lowest was 28.67. And the median was 78.24.


K+S AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for K+S AG'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.

K+S AG Cyclically Adjusted FCF per Share Chart

K+S AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.51 -1.09 -1.42 -1.04 -0.93

K+S AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1.04 -1.09 -1.10 -0.94 -0.93

Competitive Comparison of K+S AG's Cyclically Adjusted FCF per Share

For the Agricultural Inputs subindustry, K+S 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.


K+S AG's Cyclically Adjusted Price-to-FCF Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, K+S AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



K+S AG 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, K+S AG'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)
=0.025/123.6675*123.6675
=0.025

Current CPI (Dec. 2023) = 123.6675.

K+S AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.458 99.543 1.811
201406 -0.358 99.543 -0.445
201409 -1.198 99.823 -1.484
201412 -1.839 99.543 -2.285
201503 0.546 99.717 0.677
201506 -1.163 100.417 -1.432
201509 -1.006 100.417 -1.239
201512 -2.123 99.717 -2.633
201603 0.291 100.017 0.360
201606 -1.316 100.717 -1.616
201609 -1.573 101.017 -1.926
201612 -1.785 101.217 -2.181
201703 0.305 101.417 0.372
201706 -0.449 102.117 -0.544
201709 -1.344 102.717 -1.618
201712 -1.300 102.617 -1.567
201803 0.922 102.917 1.108
201806 -0.307 104.017 -0.365
201809 -0.918 104.718 -1.084
201812 -0.881 104.217 -1.045
201903 1.335 104.217 1.584
201906 0.615 105.718 0.719
201909 -0.762 106.018 -0.889
201912 -0.372 105.818 -0.435
202003 0.841 105.718 0.984
202006 -0.268 106.618 -0.311
202009 -0.743 105.818 -0.868
202012 -0.556 105.518 -0.652
202103 0.216 107.518 0.248
202106 -0.956 108.486 -1.090
202109 -0.428 109.435 -0.484
202112 0.915 110.384 1.025
202203 0.586 113.968 0.636
202206 0.726 115.760 0.776
202209 2.994 118.818 3.116
202212 0.584 119.345 0.605
202303 0.611 122.402 0.617
202306 0.902 123.140 0.906
202309 0.381 124.195 0.379
202312 0.025 123.668 0.025

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


K+S AG  (OTCPK:KPLUF) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of K+S AG was 401.00. The lowest was 28.67. And the median was 78.24.


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.


K+S AG Cyclically Adjusted FCF per Share Related Terms

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


K+S AG (K+S AG) Business Description

Industry
Address
Bertha-von-Suttner-Strasse 7, Kassel, DEU, 34131
K+S AG produces two primary products: fertilizer and salt. The company extracts potash and magnesium primarily in Germany, but it's also ramping up potash production at its new low-cost Bethune mine in Saskatchewan that will eventually produce roughly a third of total potash.

K+S AG (K+S AG) Headlines

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