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PKP Cargo (LTS:0QI0) Cyclically Adjusted FCF per Share : zł2.18 (As of Mar. 2024)


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What is PKP Cargo 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.

PKP Cargo's adjusted free cash flow per share for the three months ended in Mar. 2024 was zł5.401. 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 zł2.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PKP Cargo's average Cyclically Adjusted FCF Growth Rate was -17.70% 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.

As of today (2024-06-20), PKP Cargo's current stock price is zł13.64. PKP Cargo's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was zł2.18. PKP Cargo's Cyclically Adjusted Price-to-FCF of today is 6.26.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PKP Cargo was 14.37. The lowest was 5.76. And the median was 6.85.


PKP Cargo Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PKP Cargo'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.

PKP Cargo Cyclically Adjusted FCF per Share Chart

PKP Cargo 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 - - 1.90 2.23 1.14

PKP Cargo 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 2.16 1.95 2.19 1.14 2.18

Competitive Comparison of PKP Cargo's Cyclically Adjusted FCF per Share

For the Integrated Freight & Logistics subindustry, PKP Cargo'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.


PKP Cargo's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PKP Cargo's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



PKP Cargo 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, PKP Cargo'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)
=5.401/149.0435*149.0435
=5.401

Current CPI (Mar. 2024) = 149.0435.

PKP Cargo Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.683 101.180 -2.479
201409 0.861 100.611 1.275
201412 0.748 100.122 1.113
201503 -6.536 100.041 -9.738
201506 1.062 100.448 1.576
201509 -1.524 99.634 -2.280
201512 4.293 99.471 6.432
201603 -6.419 98.983 -9.665
201606 -0.259 99.552 -0.388
201609 -0.156 99.064 -0.235
201612 2.190 100.366 3.252
201703 -0.576 101.018 -0.850
201706 0.878 101.180 1.293
201709 1.714 101.343 2.521
201712 -0.016 102.564 -0.023
201803 0.123 102.564 0.179
201806 0.947 103.378 1.365
201809 4.756 103.378 6.857
201812 5.743 103.785 8.247
201903 -2.818 104.274 -4.028
201906 -0.915 105.983 -1.287
201909 4.640 105.983 6.525
201912 5.430 107.123 7.555
202003 -3.276 109.076 -4.476
202006 -0.339 109.402 -0.462
202009 1.003 109.320 1.367
202012 3.840 109.565 5.224
202103 -2.715 112.658 -3.592
202106 -1.233 113.960 -1.613
202109 -3.481 115.588 -4.489
202112 5.001 119.088 6.259
202203 -4.923 125.031 -5.868
202206 1.623 131.705 1.837
202209 1.246 135.531 1.370
202212 5.660 139.113 6.064
202303 0.929 145.950 0.949
202306 1.297 147.009 1.315
202309 1.780 146.113 1.816
202312 -7.310 147.741 -7.374
202403 5.401 149.044 5.401

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


PKP Cargo  (LTS:0QI0) 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.

PKP Cargo's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=13.64/2.18
=6.26

* 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 PKP Cargo was 14.37. The lowest was 5.76. And the median was 6.85.


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.


PKP Cargo Cyclically Adjusted FCF per Share Related Terms

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


PKP Cargo (LTS:0QI0) Business Description

Industry
Traded in Other Exchanges
Address
Grojecka Street No. 17, Warsaw, POL, 02-021
PKP Cargo SA provides an integrated chain of logistics services. Its business activities involve domestic and international transport of freight and the provision of comprehensive logistics services relating to rail transport of freight. The company's logistics services portfolio covers transport, intermodal, forwarding, terminals, sidings, rolling stock. The company's main geographical area of operations is Poland.

PKP Cargo (LTS:0QI0) Headlines

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