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K+S AG (K+S AG) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is K+S AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


K+S AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for K+S 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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K+S AG Cyclically Adjusted Price-to-FCF Chart

K+S AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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K+S AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of K+S AG's Cyclically Adjusted Price-to-FCF

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 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.

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

For example, K+S 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)
=0.664/125.0381*125.0381
=0.664

Current CPI (Mar. 2024) = 125.0381.

K+S AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.358 99.543 -0.450
201409 -1.198 99.823 -1.501
201412 -1.839 99.543 -2.310
201503 0.546 99.717 0.685
201506 -1.163 100.417 -1.448
201509 -1.006 100.417 -1.253
201512 -2.123 99.717 -2.662
201603 0.291 100.017 0.364
201606 -1.316 100.717 -1.634
201609 -1.573 101.017 -1.947
201612 -1.785 101.217 -2.205
201703 0.305 101.417 0.376
201706 -0.449 102.117 -0.550
201709 -1.344 102.717 -1.636
201712 -1.300 102.617 -1.584
201803 0.922 102.917 1.120
201806 -0.307 104.017 -0.369
201809 -0.918 104.718 -1.096
201812 -0.881 104.217 -1.057
201903 1.335 104.217 1.602
201906 0.615 105.718 0.727
201909 -0.762 106.018 -0.899
201912 -0.372 105.818 -0.440
202003 0.841 105.718 0.995
202006 -0.268 106.618 -0.314
202009 -0.743 105.818 -0.878
202012 -0.556 105.518 -0.659
202103 0.216 107.518 0.251
202106 -0.956 108.486 -1.102
202109 -0.428 109.435 -0.489
202112 0.915 110.384 1.036
202203 0.586 113.968 0.643
202206 0.726 115.760 0.784
202209 2.994 118.818 3.151
202212 0.584 119.345 0.612
202303 0.611 122.402 0.624
202306 0.902 123.140 0.916
202309 0.381 124.195 0.384
202312 0.025 123.773 0.025
202403 0.664 125.038 0.664

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.


K+S AG  (OTCPK:KPLUF) 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.


K+S AG Cyclically Adjusted Price-to-FCF Related Terms

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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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