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Kronos Worldwide (FRA:K1W) Cyclically Adjusted FCF per Share : €0.72 (As of Sep. 2024)


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What is Kronos Worldwide 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.

Kronos Worldwide's adjusted free cash flow per share for the three months ended in Sep. 2024 was €0.222. 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 €0.72 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Kronos Worldwide's average Cyclically Adjusted FCF Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -1.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -1.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 5.20% 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 Kronos Worldwide was 22.20% per year. The lowest was -11.50% per year. And the median was -1.85% per year.

As of today (2025-01-18), Kronos Worldwide's current stock price is €9.165. Kronos Worldwide's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was €0.72. Kronos Worldwide's Cyclically Adjusted Price-to-FCF of today is 12.73.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kronos Worldwide was 50.41. The lowest was 8.75. And the median was 16.68.


Kronos Worldwide Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Kronos Worldwide'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.

Kronos Worldwide Cyclically Adjusted FCF per Share Chart

Kronos Worldwide 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 0.75 0.64 0.64 0.74 0.69

Kronos Worldwide Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.72 0.69 0.70 0.73 0.72

Competitive Comparison of Kronos Worldwide's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, Kronos Worldwide'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.


Kronos Worldwide's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

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

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



Kronos Worldwide 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, Kronos Worldwide's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.222/133.0289*133.0289
=0.222

Current CPI (Sep. 2024) = 133.0289.

Kronos Worldwide Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.279 99.070 0.375
201503 -0.173 99.621 -0.231
201506 0.082 100.684 0.108
201509 0.226 100.392 0.299
201512 -0.106 99.792 -0.141
201603 -0.229 100.470 -0.303
201606 0.173 101.688 0.226
201609 0.319 101.861 0.417
201612 0.018 101.863 0.024
201703 0.240 102.862 0.310
201706 0.348 103.349 0.448
201709 0.743 104.136 0.949
201712 0.249 104.011 0.318
201803 0.301 105.290 0.380
201806 0.753 106.317 0.942
201809 0.138 106.507 0.172
201812 -0.238 105.998 -0.299
201903 -0.069 107.251 -0.086
201906 0.073 108.070 0.090
201909 0.699 108.329 0.858
201912 0.121 108.420 0.148
202003 -0.196 108.902 -0.239
202006 0.137 108.767 0.168
202009 0.185 109.815 0.224
202012 0.156 109.897 0.189
202103 0.334 111.754 0.398
202106 0.079 114.631 0.092
202109 0.244 115.734 0.280
202112 0.443 117.630 0.501
202203 -0.258 121.301 -0.283
202206 0.423 125.017 0.450
202209 -0.036 125.227 -0.038
202212 0.031 125.222 0.033
202303 -0.889 127.348 -0.929
202306 0.266 128.729 0.275
202309 0.144 129.860 0.148
202312 0.513 129.419 0.527
202403 -0.346 131.776 -0.349
202406 0.309 132.554 0.310
202409 0.222 133.029 0.222

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


Kronos Worldwide  (FRA:K1W) 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.

Kronos Worldwide's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9.165/0.72
=12.73

* 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 Kronos Worldwide was 50.41. The lowest was 8.75. And the median was 16.68.


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.


Kronos Worldwide Cyclically Adjusted FCF per Share Related Terms

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


Kronos Worldwide Business Description

Industry
Traded in Other Exchanges
Address
5430 LBJ Freeway, Suite 1700, Dallas, TX, USA, 75240-2620
Kronos Worldwide Inc manufactures and sells titanium dioxide pigments. Titanium dioxide is a white inorganic pigment used in a variety of products. The majority of Kronos' sales come from titanium dioxide used for coatings on automobiles, aircraft, machines, appliances, traffic paint, and in both commercial and residential interiors and exteriors. The second-largest product category is titanium dioxide used for plastics such as packaging materials and food packaging, houseware, appliances, toys, and computer cases. The majority of revenue comes from the United States.

Kronos Worldwide Headlines

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