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Takkt AG (LTS:0GC8) Cyclically Adjusted FCF per Share : €1.47 (As of Mar. 2024)


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What is Takkt 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.

Takkt AG's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.380. 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 €1.47 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Takkt AG's average Cyclically Adjusted FCF Growth Rate was 3.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.20% 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 Takkt AG was 2.40% per year. The lowest was 1.00% per year. And the median was 2.00% per year.

As of today (2024-06-07), Takkt AG's current stock price is €11.63. Takkt AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.47. Takkt AG's Cyclically Adjusted Price-to-FCF of today is 7.91.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Takkt AG was 17.70. The lowest was 4.45. And the median was 9.82.


Takkt AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Takkt 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.

Takkt AG Cyclically Adjusted FCF per Share Chart

Takkt 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 1.33 1.38 1.31 1.37 1.46

Takkt 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 1.43 1.42 1.44 1.46 1.47

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

For the Business Equipment & Supplies subindustry, Takkt 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.


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

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

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



Takkt 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, Takkt 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)
=0.38/125.0381*125.0381
=0.380

Current CPI (Mar. 2024) = 125.0381.

Takkt AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.480 99.543 0.603
201409 0.436 99.823 0.546
201412 0.216 99.543 0.271
201503 0.192 99.717 0.241
201506 0.293 100.417 0.365
201509 0.332 100.417 0.413
201512 0.296 99.717 0.371
201603 0.448 100.017 0.560
201606 0.454 100.717 0.564
201609 0.390 101.017 0.483
201612 0.221 101.217 0.273
201703 0.380 101.417 0.469
201706 0.386 102.117 0.473
201709 0.268 102.717 0.326
201712 0.073 102.617 0.089
201803 0.337 102.917 0.409
201806 0.120 104.017 0.144
201809 0.383 104.718 0.457
201812 0.294 104.217 0.353
201903 0.355 104.217 0.426
201906 0.442 105.718 0.523
201909 0.538 106.018 0.635
201912 0.282 105.818 0.333
202003 0.107 105.718 0.127
202006 0.938 106.618 1.100
202009 0.375 105.818 0.443
202012 0.215 105.518 0.255
202103 0.320 107.518 0.372
202106 0.220 108.486 0.254
202109 0.171 109.435 0.195
202112 -0.131 110.384 -0.148
202203 0.154 113.968 0.169
202206 -0.177 115.760 -0.191
202209 0.384 118.818 0.404
202212 0.706 119.345 0.740
202303 0.278 122.402 0.284
202306 0.195 123.140 0.198
202309 0.445 124.195 0.448
202312 0.475 123.773 0.480
202403 0.380 125.038 0.380

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


Takkt AG  (LTS:0GC8) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=11.63/1.47
=7.91

* 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 Takkt AG was 17.70. The lowest was 4.45. And the median was 9.82.


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.


Takkt AG Cyclically Adjusted FCF per Share Related Terms

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Takkt AG (LTS:0GC8) Business Description

Industry
Traded in Other Exchanges
Address
Presselstrasse 12, Stuttgart, BW, DEU, 70191
Takkt AG specializes in B2B distance selling for business equipment. The company is engaged in three segments namely, Industrial & Packaging, Office Furniture & Displays and FoodService. The company has its geographic presence in Germany, Europe without Germany, USA and Others.

Takkt AG (LTS:0GC8) Headlines

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