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Siemens AG (BUD:SIEMENS) Cyclically Adjusted FCF per Share : Ft3,577.51 (As of Mar. 2024)


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What is Siemens 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.

Siemens AG's adjusted free cash flow per share for the three months ended in Mar. 2024 was Ft651.883. 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 Ft3,577.51 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Siemens AG's average Cyclically Adjusted FCF Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.10% 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 Siemens AG was 10.50% per year. The lowest was 2.20% per year. And the median was 8.50% per year.

As of today (2024-06-07), Siemens AG's current stock price is Ft68900.00. Siemens AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was Ft3,577.51. Siemens AG's Cyclically Adjusted Price-to-FCF of today is 19.26.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Siemens AG was 20.58. The lowest was 8.63. And the median was 15.77.


Siemens AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Siemens 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.

Siemens AG Cyclically Adjusted FCF per Share Chart

Siemens AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2,762.68 3,632.84 3,664.60

Siemens 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 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 3,369.06 3,433.74 3,664.60 3,608.29 3,577.51

Competitive Comparison of Siemens AG's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Siemens 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.


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

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

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



Siemens 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, Siemens 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)
=651.883/125.0381*125.0381
=651.883

Current CPI (Mar. 2024) = 125.0381.

Siemens AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 608.255 99.543 764.045
201409 1,890.679 99.823 2,368.273
201412 -59.522 99.543 -74.767
201503 -106.291 99.717 -133.282
201506 329.147 100.417 409.851
201509 2,131.699 100.417 2,654.375
201512 -346.880 99.717 -434.965
201603 393.723 100.017 492.222
201606 890.743 100.717 1,105.841
201609 1,746.331 101.017 2,161.600
201612 327.247 101.217 404.264
201703 340.068 101.417 419.274
201706 453.327 102.117 555.080
201709 1,217.601 102.717 1,482.193
201712 444.244 102.617 541.308
201803 418.969 102.917 509.022
201806 444.087 104.017 533.832
201809 1,663.377 104.718 1,986.158
201812 -169.429 104.217 -203.278
201903 393.013 104.217 471.530
201906 319.151 105.718 377.478
201909 2,670.803 106.018 3,149.966
201912 92.761 105.818 109.610
202003 158.073 105.718 186.962
202006 1,343.092 106.618 1,575.137
202009 2,139.168 105.818 2,527.722
202012 526.451 105.518 623.843
202103 643.993 107.518 748.933
202106 1,200.735 108.486 1,383.938
202109 1,959.005 109.435 2,238.324
202112 542.490 110.384 614.511
202203 639.904 113.968 702.059
202206 1,075.415 115.760 1,161.605
202209 1,532.574 118.818 1,612.807
202212 40.257 119.345 42.177
202303 1,119.902 122.402 1,144.017
202306 1,419.833 123.140 1,441.714
202309 2,207.803 124.195 2,222.798
202312 510.564 123.773 515.783
202403 651.883 125.038 651.883

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


Siemens AG  (BUD:SIEMENS) 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.

Siemens AG's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=68900.00/3577.51
=19.26

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Siemens AG was 20.58. The lowest was 8.63. And the median was 15.77.


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.


Siemens AG Cyclically Adjusted FCF per Share Related Terms

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


Siemens AG (BUD:SIEMENS) Business Description

Industry
Address
Werner-von-Siemens-Strabe 1, Munich, BY, DEU, 80333
Siemens AG is a multi-industry company focused on the areas of automation, electrification, mobility, and healthcare. Its top three geographic regions—the United States, Germany, and China—contribute over half of group revenue. Siemens has a 75% investment in separately listed Siemens Healthineers. Recent portfolio activity included the listing of Siemens Energy, spinning out its power and gas and Siemens Gamesa business divisions in 2020.

Siemens AG (BUD:SIEMENS) Headlines

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