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Kloeckner SE (STU:KCO) Cyclically Adjusted FCF per Share : €0.53 (As of Mar. 2024)


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What is Kloeckner SE 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.

Kloeckner SE's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-1.145. 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 €0.53 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 23.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -7.40% 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 Kloeckner SE was 23.00% per year. The lowest was -49.40% per year. And the median was -8.65% per year.

As of today (2024-05-21), Kloeckner SE's current stock price is €6.41. Kloeckner SE's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.53. Kloeckner SE's Cyclically Adjusted Price-to-FCF of today is 12.09.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kloeckner SE was 1273.00. The lowest was 5.22. And the median was 16.85.


Kloeckner SE Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Kloeckner SE'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.

Kloeckner SE Cyclically Adjusted FCF per Share Chart

Kloeckner SE 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 0.23 0.29 0.15 0.41 0.55

Kloeckner SE 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 0.53 0.58 0.55 0.55 0.53

Competitive Comparison of Kloeckner SE's Cyclically Adjusted FCF per Share

For the Steel subindustry, Kloeckner SE'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.


Kloeckner SE's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kloeckner SE's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kloeckner SE 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, Kloeckner SE'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)
=-1.145/125.0381*125.0381
=-1.145

Current CPI (Mar. 2024) = 125.0381.

Kloeckner SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.883 99.543 -1.109
201409 0.464 99.823 0.581
201412 1.168 99.543 1.467
201503 -1.301 99.717 -1.631
201506 0.812 100.417 1.011
201509 0.506 100.417 0.630
201512 1.758 99.717 2.204
201603 -0.073 100.017 -0.091
201606 -0.072 100.717 -0.089
201609 -0.146 101.017 -0.181
201612 0.224 101.217 0.277
201703 -0.911 101.417 -1.123
201706 -0.182 102.117 -0.223
201709 0.251 102.717 0.306
201712 0.681 102.617 0.830
201803 -1.505 102.917 -1.828
201806 -0.230 104.017 -0.276
201809 -0.196 104.718 -0.234
201812 1.590 104.217 1.908
201903 -2.349 104.217 -2.818
201906 1.252 105.718 1.481
201909 0.690 106.018 0.814
201912 1.880 105.818 2.221
202003 -1.068 105.718 -1.263
202006 0.869 106.618 1.019
202009 0.393 105.818 0.464
202012 0.648 105.518 0.768
202103 0.010 107.518 0.012
202106 0.511 108.486 0.589
202109 -0.319 109.435 -0.364
202112 -3.797 110.384 -4.301
202203 -2.554 113.968 -2.802
202206 2.207 115.760 2.384
202209 1.481 118.818 1.559
202212 1.971 119.345 2.065
202303 0.501 122.402 0.512
202306 0.082 123.140 0.083
202309 0.066 124.195 0.066
202312 1.548 123.773 1.564
202403 -1.145 125.038 -1.145

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


Kloeckner SE  (STU:KCO) 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.

Kloeckner SE's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.41/0.53
=12.09

* 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 Kloeckner SE was 1273.00. The lowest was 5.22. And the median was 16.85.


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.


Kloeckner SE Cyclically Adjusted FCF per Share Related Terms

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


Kloeckner SE (STU:KCO) Business Description

Industry
Traded in Other Exchanges
Address
Am Silberpalais 1, Duisburg, DEU, 47057
Kloeckner & Co SE is a German-based steel and metal distributor, as well as an operator of steel service centers. It acts as a connecting link between steel producers and consumers. It provides customers with an optimized, end-to-end solution from procurement through logistics to prefabrication, including individual delivery and 24-hour service. It caters to industries like construction, consumer goods, metal transforming, transportation, machinery manufacturing, mechanical engineering, and others. The company has three operating segments: Kloeckner Metals US, Kloeckner Metals EU, and Kloeckner Metals Non-EU.

Kloeckner SE (STU:KCO) Headlines

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