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Kernel Holding (WAR:KER) Cyclically Adjusted FCF per Share : zł4.80 (As of Dec. 2024)


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What is Kernel Holding 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.

Kernel Holding's adjusted free cash flow per share for the three months ended in Dec. 2024 was zł-0.310. 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 zł4.80 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Kernel Holding's average Cyclically Adjusted FCF Growth Rate was -23.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.90% 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 Kernel Holding was 24.00% per year. The lowest was -2.10% per year. And the median was 9.90% per year.

As of today (2025-05-07), Kernel Holding's current stock price is zł19.78. Kernel Holding's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was zł4.80. Kernel Holding's Cyclically Adjusted Price-to-FCF of today is 4.12.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kernel Holding was 103.45. The lowest was 1.43. And the median was 13.10.


Kernel Holding Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Kernel Holding'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.

Kernel Holding Cyclically Adjusted FCF per Share Chart

Kernel Holding Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.23 4.09 2.19 4.25 4.45

Kernel Holding Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 6.30 6.03 4.45 4.30 4.80

Competitive Comparison of Kernel Holding's Cyclically Adjusted FCF per Share

For the Food Distribution subindustry, Kernel Holding'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.


Kernel Holding's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Kernel Holding's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Kernel Holding 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, Kernel Holding's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.31/133.1571*133.1571
=-0.310

Current CPI (Dec. 2024) = 133.1571.

Kernel Holding Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 11.780 99.621 15.746
201506 8.296 100.684 10.972
201509 -2.253 100.392 -2.988
201512 -3.259 99.792 -4.349
201603 9.114 100.470 12.079
201606 0.863 101.688 1.130
201609 -2.182 101.861 -2.852
201612 -8.865 101.863 -11.589
201703 8.703 102.862 11.266
201706 3.771 103.349 4.859
201709 2.558 104.136 3.271
201712 -9.347 104.011 -11.966
201803 1.660 105.290 2.099
201806 1.466 106.317 1.836
201809 -2.757 106.507 -3.447
201812 -8.876 105.998 -11.150
201903 9.733 107.251 12.084
201906 2.190 108.070 2.698
201909 -6.939 108.329 -8.529
201912 -19.088 108.420 -23.443
202003 9.084 108.902 11.107
202006 18.158 108.767 22.230
202009 -2.449 109.815 -2.970
202012 -4.445 109.897 -5.386
202103 5.298 111.754 6.313
202106 13.920 114.631 16.170
202109 -1.972 115.734 -2.269
202112 -24.363 117.630 -27.579
202203 -3.598 121.301 -3.950
202206 1.721 125.017 1.833
202209 -3.420 125.227 -3.637
202212 17.183 125.222 18.272
202303 10.814 127.348 11.307
202306 6.000 128.729 6.206
202309 -3.647 129.860 -3.740
202312 1.941 129.419 1.997
202403 3.488 131.776 3.525
202406 0.606 132.554 0.609
202409 0.446 133.029 0.446
202412 -0.310 133.157 -0.310

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


Kernel Holding  (WAR:KER) 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.

Kernel Holding's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=19.78/4.80
=4.12

* 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 Kernel Holding was 103.45. The lowest was 1.43. And the median was 13.10.


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.


Kernel Holding Cyclically Adjusted FCF per Share Related Terms

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


Kernel Holding Business Description

Traded in Other Exchanges
Address
3 Tarasa Shevchenka Lane, Kyiv, UKR, 01001
Kernel Holding SA is an investment holding company. The company's segment includes Oilseed Processing; Infrastructure and Trading and Farming. It generates maximum revenue from the Infrastructure and Trading segment. The Infrastructure and Trading segment includes sourcing and merchandising of wholesale edible oils, grain, provision of silo services, grain handling and transshipment services.

Kernel Holding Headlines

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