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Kemira Oyj (OHEL:KEMIRA) Cyclically Adjusted FCF per Share : €0.96 (As of Sep. 2024)


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What is Kemira Oyj 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.

Kemira Oyj's adjusted free cash flow per share for the three months ended in Sep. 2024 was €0.497. 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 €0.96 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Kemira Oyj's average Cyclically Adjusted FCF Growth Rate was 26.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.30% 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 Kemira Oyj was 13.70% per year. The lowest was -10.40% per year. And the median was -3.50% per year.

As of today (2024-12-13), Kemira Oyj's current stock price is €19.43. Kemira Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was €0.96. Kemira Oyj's Cyclically Adjusted Price-to-FCF of today is 20.24.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kemira Oyj was 31.64. The lowest was 16.31. And the median was 22.89.


Kemira Oyj Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Kemira Oyj'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.

Kemira Oyj Cyclically Adjusted FCF per Share Chart

Kemira Oyj 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 0.46 0.53 0.45 0.59 0.78

Kemira Oyj 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 0.76 0.78 0.84 0.92 0.96

Competitive Comparison of Kemira Oyj's Cyclically Adjusted FCF per Share

For the Chemicals subindustry, Kemira Oyj'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.


Kemira Oyj's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

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

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



Kemira Oyj 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, Kemira Oyj'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)
=0.497/122.2600*122.2600
=0.497

Current CPI (Sep. 2024) = 122.2600.

Kemira Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.170 100.229 -0.207
201503 0.101 100.120 0.123
201506 -0.214 100.030 -0.262
201509 0.208 100.130 0.254
201512 0.364 99.990 0.445
201603 -0.034 100.080 -0.042
201606 0.090 100.390 0.110
201609 0.239 100.540 0.291
201612 0.085 101.020 0.103
201703 -0.162 100.910 -0.196
201706 -0.109 101.140 -0.132
201709 0.322 101.320 0.389
201712 0.071 101.510 0.086
201803 0.074 101.730 0.089
201806 -0.107 102.320 -0.128
201809 0.196 102.600 0.234
201812 0.229 102.710 0.273
201903 0.241 102.870 0.286
201906 0.113 103.360 0.134
201909 0.454 103.540 0.536
201912 0.392 103.650 0.462
202003 0.092 103.490 0.109
202006 0.109 103.320 0.129
202009 0.443 103.710 0.522
202012 0.524 103.890 0.617
202103 -0.083 104.870 -0.097
202106 0.040 105.360 0.046
202109 0.337 106.290 0.388
202112 0.040 107.490 0.045
202203 -0.242 110.950 -0.267
202206 0.020 113.570 0.022
202209 0.462 114.920 0.492
202212 1.067 117.320 1.112
202303 0.436 119.750 0.445
202306 0.607 120.690 0.615
202309 0.765 121.280 0.771
202312 0.391 121.540 0.393
202403 0.460 122.360 0.460
202406 0.479 122.230 0.479
202409 0.497 122.260 0.497

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


Kemira Oyj  (OHEL:KEMIRA) 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.

Kemira Oyj's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=19.43/0.96
=20.24

* 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 Kemira Oyj was 31.64. The lowest was 16.31. And the median was 22.89.


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.


Kemira Oyj Cyclically Adjusted FCF per Share Related Terms

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


Kemira Oyj Business Description

Industry
Traded in Other Exchanges
Address
Energiakatu 4, P.O. Box 330, Helsinki, FIN, FI-00180
Kemira Oyj offers sustainable chemical solutions for water-intensive industries. The company provides best-suited products and expertise to improve its customers' product quality, process, and resource efficiency. It focuses on pulp and paper, water treatment, and oil and gas industries.

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