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KION GROUP AG (MEX:KGX) Cyclically Adjusted FCF per Share : MXN65.33 (As of Mar. 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 Mar. 2024 was MXN19.099. 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 MXN65.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, KION GROUP AG's average Cyclically Adjusted FCF Growth Rate was 16.30% 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 (2024-06-23), KION GROUP AG's current stock price is MXN638.59. KION GROUP AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was MXN65.33. KION GROUP AG's Cyclically Adjusted Price-to-FCF of today is 9.77.

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 12.05.


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 78.83 102.42 113.25 85.24 79.27

KION GROUP 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 89.57 77.27 80.55 79.27 65.33

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 Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=19.099/125.0381*125.0381
=19.099

Current CPI (Mar. 2024) = 125.0381.

KION GROUP AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 5.903 99.543 7.415
201409 12.830 99.823 16.071
201412 37.316 99.543 46.874
201503 -1.510 99.717 -1.893
201506 3.435 100.417 4.277
201509 18.155 100.417 22.606
201512 38.983 99.717 48.882
201603 0.964 100.017 1.205
201606 1.525 100.717 1.893
201609 14.307 101.017 17.709
201612 32.903 101.217 40.647
201703 15.306 101.417 18.871
201706 11.929 102.117 14.607
201709 7.979 102.717 9.713
201712 66.502 102.617 81.032
201803 2.640 102.917 3.207
201806 -2.571 104.017 -3.091
201809 17.426 104.718 20.808
201812 77.415 104.217 92.881
201903 24.362 104.217 29.229
201906 -11.315 105.718 -13.383
201909 30.745 106.018 36.261
201912 110.471 105.818 130.537
202003 -13.284 105.718 -15.712
202006 12.754 106.618 14.958
202009 38.082 105.818 44.999
202012 71.046 105.518 84.189
202103 61.607 107.518 71.646
202106 19.355 108.486 22.308
202109 -17.935 109.435 -20.492
202112 95.689 110.384 108.393
202203 -59.362 113.968 -65.128
202206 -12.669 115.760 -13.684
202209 -44.845 118.818 -47.193
202212 60.209 119.345 63.081
202303 25.452 122.402 26.000
202306 29.838 123.140 30.298
202309 30.586 124.195 30.794
202312 76.923 123.773 77.709
202403 19.099 125.038 19.099

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


KION GROUP AG  (MEX:KGX) 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
=638.59/65.33
=9.77

* 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 12.05.


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 (MEX:KGX) Business Description

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.

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