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Clariant AG (Clariant AG) Cyclically Adjusted Price-to-FCF : 23.28 (As of Apr. 27, 2024)


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

As of today (2024-04-27), Clariant AG's current share price is $13.965. Clariant AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $0.60. Clariant AG's Cyclically Adjusted Price-to-FCF for today is 23.28.

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

CLZNF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.06   Med: 33.09   Max: 58.57
Current: 25.43

During the past 13 years, Clariant AG's highest Cyclically Adjusted Price-to-FCF was 58.57. The lowest was 17.06. And the median was 33.09.

CLZNF's Cyclically Adjusted Price-to-FCF is ranked worse than
51.23% of 568 companies
in the Chemicals industry
Industry Median: 23.915 vs CLZNF: 25.43

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.

Clariant AG's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $0.749. 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 $0.60 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clariant AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Clariant 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.

Clariant AG Cyclically Adjusted Price-to-FCF Chart

Clariant 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 44.54 53.52 49.71 33.06 23.82

Clariant AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 49.71 - 33.06 - 23.82

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

For the Specialty Chemicals subindustry, Clariant 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.


Clariant AG's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

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

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



Clariant 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.

Clariant AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.965/0.6
=23.28

* 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.

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

For example, Clariant 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)
=0.749/106.4611*106.4611
=0.749

Current CPI (Dec23) = 106.4611.

Clariant AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.035 100.704 0.037
201512 0.313 99.386 0.335
201612 0.935 99.380 1.002
201712 0.457 100.213 0.485
201812 0.833 100.906 0.879
201912 0.677 101.063 0.713
202012 0.238 100.241 0.253
202112 0.010 101.776 0.010
202212 0.941 104.666 0.957
202312 0.749 106.461 0.749

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.


Clariant AG  (OTCPK:CLZNF) 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.


Clariant AG Cyclically Adjusted Price-to-FCF Related Terms

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


Clariant AG (Clariant AG) Business Description

Industry
Address
Rothausstrasse 61, Muttenz, CHE, 4132
Clariant is a Switzerland-based specialty chemicals company with global operations. The company reports in three business areas: care chemicals, absorbents and additives, and catalysts. Care chemicals mainly targets consumer end markets such as personal care and homecare, but it also has an industrial component. Absorbents and additives encompass Clariant's coatings and adhesives, absorbents, and plastics segments. Catalysts manufacturers process catalysts, mainly for petrochemical and syngas plants.

Clariant AG (Clariant AG) Headlines

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