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KIGRY (KION GROUP AG) Cyclically Adjusted FCF per Share : $1.37 (As of Jun. 2024)


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What is KION GROUP 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.

KION GROUP AG's adjusted free cash flow per share for the three months ended in Jun. 2024 was $0.468. 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 $1.37 for the trailing ten years ended in Jun. 2024.

During the past 12 months, KION GROUP AG's average Cyclically Adjusted FCF Growth Rate was 15.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.60% 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 KION GROUP AG was 4.60% per year. The lowest was 1.20% per year. And the median was 2.90% per year.

As of today (2024-09-21), KION GROUP AG's current stock price is $9.36. KION GROUP AG's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was $1.37. KION GROUP AG's Cyclically Adjusted Price-to-FCF of today is 6.83.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of KION GROUP AG was 22.76. The lowest was 4.46. And the median was 11.22.


KION GROUP AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for KION GROUP 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.

KION GROUP AG Cyclically Adjusted FCF per Share Chart

KION GROUP AG 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 1.10 1.27 1.28 1.07 1.32

KION GROUP AG Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.22 1.20 1.32 1.34 1.37

Competitive Comparison of KION GROUP AG's Cyclically Adjusted FCF per Share

For the Farm & Heavy Construction Machinery subindustry, KION GROUP 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.


KION GROUP AG's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, KION GROUP AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



KION GROUP 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, KION GROUP AG's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.468/125.8815*125.8815
=0.468

Current CPI (Jun. 2024) = 125.8815.

KION GROUP AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.239 99.823 0.301
201412 0.632 99.543 0.799
201503 -0.025 99.717 -0.032
201506 0.055 100.417 0.069
201509 0.269 100.417 0.337
201512 0.567 99.717 0.716
201603 0.014 100.017 0.018
201606 0.021 100.717 0.026
201609 0.185 101.017 0.231
201612 0.399 101.217 0.496
201703 0.203 101.417 0.252
201706 0.165 102.117 0.203
201709 0.110 102.717 0.135
201712 0.847 102.617 1.039
201803 0.036 102.917 0.044
201806 -0.033 104.017 -0.040
201809 0.233 104.718 0.280
201812 0.986 104.217 1.191
201903 0.314 104.217 0.379
201906 -0.147 105.718 -0.175
201909 0.389 106.018 0.462
201912 1.464 105.818 1.742
202003 -0.142 105.718 -0.169
202006 0.138 106.618 0.163
202009 0.431 105.818 0.513
202012 0.893 105.518 1.065
202103 0.753 107.518 0.882
202106 0.243 108.486 0.282
202109 -0.218 109.435 -0.251
202112 1.166 110.384 1.330
202203 -0.745 113.968 -0.823
202206 -0.157 115.760 -0.171
202209 -0.557 118.818 -0.590
202212 0.772 119.345 0.814
202303 0.353 122.402 0.363
202306 0.435 123.140 0.445
202309 0.439 124.195 0.445
202312 1.133 123.773 1.152
202403 0.288 125.038 0.290
202406 0.468 125.882 0.468

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


KION GROUP AG  (OTCPK:KIGRY) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9.36/1.37
=6.83

* 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 KION GROUP AG was 22.76. The lowest was 4.46. And the median was 11.22.


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.


KION GROUP AG Cyclically Adjusted FCF per Share Related Terms

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


KION GROUP AG Business Description

Traded in Other Exchanges
Address
Thea-Rasche-Strasse 8, Frankfurt am Main, HE, DEU, 60549
Kion Group is the number-two forklift truck manufacturer globally, after Toyota, and the number-one global warehouse automation equipment supplier. The Germany-headquartered company gets 70% of its revenue from the sale of new forklifts and maintenance services. Another roughly 30%, and growing portion, comes from warehouse automation equipment under the Dematic division, which caters to sectors such as e-commerce, third-party logistics, and supermarkets. Kion's forklift trucks and warehouse equipment service the same end markets.

KION GROUP AG Headlines