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K+S AG (K+S AG) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 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
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 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 Dec. 2023 is calculated as:

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)
=0.012/123.6675*123.6675
=0.012

Current CPI (Dec. 2023) = 123.6675.

K+S AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.729 99.543 0.906
201406 -0.179 99.543 -0.222
201409 -0.599 99.823 -0.742
201412 -0.919 99.543 -1.142
201503 0.273 99.717 0.339
201506 -0.581 100.417 -0.716
201509 -0.503 100.417 -0.619
201512 -1.062 99.717 -1.317
201603 0.145 100.017 0.179
201606 -0.658 100.717 -0.808
201609 -0.787 101.017 -0.963
201612 -0.893 101.217 -1.091
201703 0.153 101.417 0.187
201706 -0.224 102.117 -0.271
201709 -0.672 102.717 -0.809
201712 -0.650 102.617 -0.783
201803 0.461 102.917 0.554
201806 -0.154 104.017 -0.183
201809 -0.459 104.718 -0.542
201812 -0.441 104.217 -0.523
201903 0.667 104.217 0.791
201906 0.308 105.718 0.360
201909 -0.381 106.018 -0.444
201912 -0.186 105.818 -0.217
202003 0.421 105.718 0.492
202006 -0.134 106.618 -0.155
202009 -0.371 105.818 -0.434
202012 -0.278 105.518 -0.326
202103 0.108 107.518 0.124
202106 -0.478 108.486 -0.545
202109 -0.214 109.435 -0.242
202112 0.458 110.384 0.513
202203 0.293 113.968 0.318
202206 0.363 115.760 0.388
202209 1.497 118.818 1.558
202212 0.292 119.345 0.303
202303 0.305 122.402 0.308
202306 0.451 123.140 0.453
202309 0.191 124.195 0.190
202312 0.012 123.668 0.012

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:KPLUY) 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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