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Rheinmetall AG (Rheinmetall AG) Cyclically Adjusted FCF per Share : $4.45 (As of Mar. 2024)


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What is Rheinmetall 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.

Rheinmetall AG's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-4.917. 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 $4.45 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Rheinmetall AG's average Cyclically Adjusted FCF Growth Rate was 34.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.90% 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 Rheinmetall AG was 29.40% per year. The lowest was 8.80% per year. And the median was 14.60% per year.

As of today (2024-06-10), Rheinmetall AG's current stock price is $580.00. Rheinmetall AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $4.45. Rheinmetall AG's Cyclically Adjusted Price-to-FCF of today is 130.34.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Rheinmetall AG was 325.15. The lowest was 23.40. And the median was 61.46.


Rheinmetall AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Rheinmetall 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.

Rheinmetall AG Cyclically Adjusted FCF per Share Chart

Rheinmetall 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 1.57 2.77 3.69 2.73 3.29

Rheinmetall 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 3.35 2.48 2.92 3.29 4.45

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

For the Aerospace & Defense subindustry, Rheinmetall 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.


Rheinmetall AG's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Rheinmetall AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Rheinmetall 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, Rheinmetall 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)
=-4.917/125.0381*125.0381
=-4.917

Current CPI (Mar. 2024) = 125.0381.

Rheinmetall AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.915 99.543 -3.662
201409 1.789 99.823 2.241
201412 10.122 99.543 12.715
201503 -5.519 99.717 -6.920
201506 -2.183 100.417 -2.718
201509 0.263 100.417 0.327
201512 7.660 99.717 9.605
201603 -7.209 100.017 -9.012
201606 -1.980 100.717 -2.458
201609 0.933 101.017 1.155
201612 11.441 101.217 14.134
201703 -4.966 101.417 -6.123
201706 0.501 102.117 0.613
201709 0.137 102.717 0.167
201712 12.447 102.617 15.167
201803 -8.110 102.917 -9.853
201806 -3.826 104.017 -4.599
201809 -3.164 104.718 -3.778
201812 13.406 104.217 16.084
201903 -3.345 104.217 -4.013
201906 -2.079 105.718 -2.459
201909 -3.264 106.018 -3.850
201912 16.617 105.818 19.635
202003 -4.794 105.718 -5.670
202006 -5.612 106.618 -6.582
202009 1.103 105.818 1.303
202012 16.423 105.518 19.461
202103 -1.606 107.518 -1.868
202106 -0.198 108.486 -0.228
202109 -1.498 109.435 -1.712
202112 14.064 110.384 15.931
202203 -11.977 113.968 -13.140
202206 -4.588 115.760 -4.956
202209 -1.018 118.818 -1.071
202212 12.944 119.345 13.561
202303 -2.977 122.402 -3.041
202306 -5.765 123.140 -5.854
202309 -2.497 124.195 -2.514
202312 16.010 123.773 16.174
202403 -4.917 125.038 -4.917

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


Rheinmetall AG  (OTCPK:RNMBF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=580.00/4.45
=130.34

* 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 Rheinmetall AG was 325.15. The lowest was 23.40. And the median was 61.46.


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.


Rheinmetall AG Cyclically Adjusted FCF per Share Related Terms

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


Rheinmetall AG (Rheinmetall AG) Business Description

Industry
Address
Rheinmetall Platz 1, Dusseldorf, NW, DEU, 40476
Rheinmetall is an international group active in various markets with leading technological products and services. The sales focus is on the security technology and mobility segments. Since February 2021, the group structure has been made up of five divisions—vehicle systems, weapon and ammunition, electronic solutions, sensors and actuators, and materials and trade. The vehicle systems, weapon and ammunition, and electronic solutions divisions are among the defense and security industry's leading suppliers of innovative products to German and international defense forces. The sensors and actuators and materials and trade divisions' core area of expertise is the reduction of emissions, pollutants, and fuel consumption.

Rheinmetall AG (Rheinmetall AG) Headlines

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