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voestalpine AG (XPRA:VOE) Cyclically Adjusted FCF per Share : Kč55.68 (As of Dec. 2024)


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What is voestalpine 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.

voestalpine AG's adjusted free cash flow per share for the three months ended in Dec. 2024 was Kč15.126. 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 Kč55.68 for the trailing ten years ended in Dec. 2024.

During the past 12 months, voestalpine AG's average Cyclically Adjusted FCF Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -7.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -9.90% 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 voestalpine AG was -7.50% per year. The lowest was -11.60% per year. And the median was -10.25% per year.

As of today (2025-05-29), voestalpine AG's current stock price is Kč563.20. voestalpine AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was Kč55.68. voestalpine AG's Cyclically Adjusted Price-to-FCF of today is 10.11.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of voestalpine AG was 20.51. The lowest was 5.31. And the median was 10.82.


voestalpine AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for voestalpine 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.

voestalpine AG Cyclically Adjusted FCF per Share Chart

voestalpine AG Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.02 63.16 65.31 49.82 54.75

voestalpine AG 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 50.68 54.75 55.07 46.61 55.68

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

For the Steel subindustry, voestalpine 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.


voestalpine AG's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

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


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voestalpine 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, voestalpine AG'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)
=15.126/135.2728*135.2728
=15.126

Current CPI (Dec. 2024) = 135.2728.

voestalpine AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 15.586 99.992 21.085
201506 -20.839 100.492 -28.052
201509 -1.690 100.292 -2.279
201512 -0.774 100.692 -1.040
201603 22.844 100.692 30.689
201606 -12.642 101.092 -16.917
201609 2.589 101.192 3.461
201612 -17.973 102.092 -23.815
201703 40.669 102.592 53.624
201706 -29.485 102.991 -38.727
201709 27.929 103.591 36.471
201712 -0.826 104.291 -1.071
201803 51.855 104.491 67.131
201806 -44.113 105.091 -56.782
201809 -4.480 105.691 -5.734
201812 -20.619 106.291 -26.241
201903 85.613 106.391 108.854
201906 -48.725 106.791 -61.720
201909 19.879 106.991 25.134
201912 -5.886 108.091 -7.366
202003 116.418 108.024 145.785
202006 -30.052 107.915 -37.670
202009 70.370 108.348 87.857
202012 45.526 109.321 56.333
202103 66.627 110.186 81.796
202106 17.969 110.943 21.910
202109 -1.961 111.916 -2.370
202112 -21.283 113.971 -25.261
202203 87.594 117.647 100.717
202206 -100.362 120.567 -112.604
202209 10.632 123.811 11.616
202212 -28.065 125.541 -30.241
202303 138.183 128.460 145.511
202306 -34.125 130.191 -35.457
202309 23.142 131.272 23.847
202312 5.736 132.570 5.853
202403 60.385 133.759 61.068
202406 -2.217 134.083 -2.237
202409 -21.800 133.651 -22.065
202412 15.126 135.273 15.126

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


voestalpine AG  (XPRA:VOE) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=563.20/55.68
=10.11

* 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 voestalpine AG was 20.51. The lowest was 5.31. And the median was 10.82.


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.


voestalpine AG Cyclically Adjusted FCF per Share Related Terms

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


voestalpine AG Business Description

Industry
Address
Voestalpine-Strasse 1, Linz, AUT, 4020
voestalpine AG is engaged in the manufacturing, processing and development of steel products. The company is divided into four divisions. The Steel Division is involved in the production of steel products and the casting of large turbines. The High-Performance metals Division provides metals for the automotive, consumer goods, power generation, energy and aviation sectors. The Metal Engineering division produces rails, turnout systems, track-based monitoring systems, specially treated wire and others. The Metal Forming Division provides customized special and precision sections, as well as solutions for systems in the construction, cab construction for commercial vehicles, and aviation sectors; and and Holding & Group Services. The company generates its revenue from the European Union.

voestalpine AG Headlines

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