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Aurubis AG (WBO:NDA) Cyclically Adjusted FCF per Share : €3.00 (As of Dec. 2023)


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What is Aurubis 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.

Aurubis AG's adjusted free cash flow per share for the three months ended in Dec. 2023 was €-8.095. 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 €3.00 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Aurubis AG's average Cyclically Adjusted FCF Growth Rate was -9.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.10% 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 Aurubis AG was 10.70% per year. The lowest was 1.20% per year. And the median was 9.50% per year.

As of today (2024-05-01), Aurubis AG's current stock price is €75.10. Aurubis AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €3.00. Aurubis AG's Cyclically Adjusted Price-to-FCF of today is 25.03.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Aurubis AG was 30.62. The lowest was 10.47. And the median was 19.32.


Aurubis AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Aurubis 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.

Aurubis AG Cyclically Adjusted FCF per Share Chart

Aurubis AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.76 3.45 4.15 3.77 4.53

Aurubis AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.33 3.60 3.50 4.53 3.00

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

For the Metal Fabrication subindustry, Aurubis 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.


Aurubis AG's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aurubis AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Aurubis 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, Aurubis AG's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-8.095/123.6675*123.6675
=-8.095

Current CPI (Dec. 2023) = 123.6675.

Aurubis AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.639 99.543 0.794
201406 -3.594 99.543 -4.465
201409 3.316 99.823 4.108
201412 1.802 99.543 2.239
201503 -0.425 99.717 -0.527
201506 4.829 100.417 5.947
201509 -0.568 100.417 -0.700
201512 -1.259 99.717 -1.561
201603 -3.687 100.017 -4.559
201606 3.621 100.717 4.446
201609 3.515 101.017 4.303
201612 -2.679 101.217 -3.273
201703 1.127 101.417 1.374
201706 3.293 102.117 3.988
201709 5.615 102.717 6.760
201712 -6.182 102.617 -7.450
201803 -0.467 102.917 -0.561
201806 2.145 104.017 2.550
201809 5.235 104.718 6.182
201812 -8.040 104.217 -9.541
201903 -1.526 104.217 -1.811
201906 0.971 105.718 1.136
201909 9.568 106.018 11.161
201912 -3.443 105.818 -4.024
202003 0.155 105.718 0.181
202006 3.462 106.618 4.016
202009 5.024 105.818 5.871
202012 -7.063 105.518 -8.278
202103 8.095 107.518 9.311
202106 3.512 108.486 4.003
202109 8.283 109.435 9.360
202112 -3.184 110.384 -3.567
202203 1.830 113.968 1.986
202206 -3.342 115.760 -3.570
202209 3.504 118.818 3.647
202212 -3.057 119.345 -3.168
202303 -0.523 122.402 -0.528
202306 -3.186 123.140 -3.200
202309 5.559 124.195 5.535
202312 -8.095 123.668 -8.095

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


Aurubis AG  (WBO:NDA) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=75.10/3
=25.03

* 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 Aurubis AG was 30.62. The lowest was 10.47. And the median was 19.32.


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.


Aurubis AG Cyclically Adjusted FCF per Share Related Terms

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


Aurubis AG (WBO:NDA) Business Description

Industry
Traded in Other Exchanges
Address
Hovestrasse 50, Hamburg, BY, DEU, 20539
Aurubis AG produces copper, using raw materials which include copper concentrates and recycling materials. The company also produces precious metals such as gold and silver and a range of other products, including sulfuric acid and iron silicate, as byproducts of copper production. Revenue is predominantly generated through the sale of continuous cast wire rods, copper cathodes, precious metals and continuous cast shapes, used in the manufacture of cables and wires which are used in electrical applications. It has two segments Multimetal Recycling and Custom Smelting & Products which is the key revenue generating segment. The company is based in Germany and has production sites across Europe and the United States.

Aurubis AG (WBO:NDA) Headlines

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