GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Georg Fischer AG (XSWX:GF) » Definitions » Cyclically Adjusted FCF per Share

Georg Fischer AG (XSWX:GF) Cyclically Adjusted FCF per Share : CHF2.04 (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Georg Fischer 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.

Georg Fischer AG's adjusted free cash flow per share data for the fiscal year that ended in Dec. 2023 was CHF1.623. 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 CHF2.04 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Georg Fischer AG's average Cyclically Adjusted FCF Growth Rate was -1.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 4.30% 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 Georg Fischer AG was 8.50% per year. The lowest was -5.50% per year. And the median was 3.70% per year.

As of today (2024-05-26), Georg Fischer AG's current stock price is CHF 70.45. Georg Fischer AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec. 2023 was CHF2.04. Georg Fischer AG's Cyclically Adjusted Price-to-FCF of today is 34.53.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Georg Fischer AG was 48.62. The lowest was 12.85. And the median was 28.02.


Georg Fischer AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Georg Fischer 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.

Georg Fischer AG Cyclically Adjusted FCF per Share Chart

Georg Fischer 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 1.76 1.85 1.93 2.06 2.04

Georg Fischer AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.93 - 2.06 - 2.04

Competitive Comparison of Georg Fischer AG's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Georg Fischer 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.


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

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

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



Georg Fischer 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, Georg Fischer AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.623/106.4612*106.4612
=1.623

Current CPI (Dec. 2023) = 106.4612.

Georg Fischer AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.114 100.704 1.178
201512 1.920 99.386 2.057
201612 2.701 99.380 2.893
201712 2.432 100.213 2.584
201812 1.869 100.906 1.972
201912 1.612 101.063 1.698
202012 2.406 100.241 2.555
202112 1.747 101.776 1.827
202212 1.966 104.666 2.000
202312 1.623 106.461 1.623

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


Georg Fischer AG  (XSWX:GF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=70.45/2.04
=34.53

* 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 Georg Fischer AG was 48.62. The lowest was 12.85. And the median was 28.02.


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.


Georg Fischer AG Cyclically Adjusted FCF per Share Related Terms

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


Georg Fischer AG (XSWX:GF) Business Description

Industry
Traded in Other Exchanges
Address
Amsler-Laffon-Strasse 9, Schaffhausen, CHE, 8201
Georg Fischer AG provides transportation of liquids and gases, lightweight casting components in vehicles, and high-precision manufacturing technologies. It supplies plastic and metal piping systems, valves and fittings, electrical discharge machines, and other additive manufacturing solutions. The company is one of the world's leading providers for the tool and mold-making industry and services customers in utilities, automotive, aerospace, water and gas, and other industrial Applications. Revenue is divided among three divisions: piping systems, casting solutions, and machining solutions. The firm has global distribution resources with various sales and representative offices. Approximately half of total revenue derives from Europe, with Germany being an important region for the company.

Georg Fischer AG (XSWX:GF) Headlines