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

Krones AG (XSWX:KRN) Cyclically Adjusted FCF per Share : CHF0.00 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Krones AG Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Krones AG's adjusted free cash flow per share for the three months ended in Mar. 2024 was CHF5.316. 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 CHF0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Krones AG's average Cyclically Adjusted FCF Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 35.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 36.00% 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 Krones AG was 72.50% per year. The lowest was 26.80% per year. And the median was 35.00% per year.

As of today (2024-06-16), Krones AG's current stock price is CHF78.60. Krones AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was CHF0.00. Krones AG's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Krones AG was 228.59. The lowest was 22.41. And the median was 43.16.


Krones AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Krones 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.

Krones AG Cyclically Adjusted FCF per Share Chart

Krones 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 - - - - -

Krones AG 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 - - - - -

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

For the Specialty Industrial Machinery subindustry, Krones 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.


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

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

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



Krones 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, Krones AG'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)
=5.316/125.0381*125.0381
=5.316

Current CPI (Mar. 2024) = 125.0381.

Krones AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.903 99.543 1.134
201409 1.784 99.823 2.235
201412 4.719 99.543 5.928
201503 -1.759 99.717 -2.206
201506 1.526 100.417 1.900
201509 -0.948 100.417 -1.180
201512 3.654 99.717 4.582
201603 -4.045 100.017 -5.057
201606 -1.374 100.717 -1.706
201609 -0.383 101.017 -0.474
201612 8.516 101.217 10.520
201703 -2.775 101.417 -3.421
201706 -1.700 102.117 -2.082
201709 -3.050 102.717 -3.713
201712 2.793 102.617 3.403
201803 -0.428 102.917 -0.520
201806 -1.499 104.017 -1.802
201809 -3.144 104.718 -3.754
201812 9.809 104.217 11.769
201903 -4.886 104.217 -5.862
201906 -3.258 105.718 -3.853
201909 -1.081 106.018 -1.275
201912 6.390 105.818 7.551
202003 -0.604 105.718 -0.714
202006 -1.702 106.618 -1.996
202009 0.327 105.818 0.386
202012 9.804 105.518 11.618
202103 0.939 107.518 1.092
202106 0.003 108.486 0.003
202109 2.821 109.435 3.223
202112 4.018 110.384 4.551
202203 2.440 113.968 2.677
202206 -0.967 115.760 -1.045
202209 1.760 118.818 1.852
202212 8.038 119.345 8.421
202303 -0.674 122.402 -0.689
202306 -3.782 123.140 -3.840
202309 -1.492 124.195 -1.502
202312 5.017 123.773 5.068
202403 5.316 125.038 5.316

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


Krones AG  (XSWX:KRN) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Krones AG was 228.59. The lowest was 22.41. And the median was 43.16.


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.


Krones AG Cyclically Adjusted FCF per Share Related Terms

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


Krones AG (XSWX:KRN) Business Description

Industry
Address
Bohmerwaldstrasse 5, Neutraubling, BY, DEU, 93073
Krones AG offers machinery and systems for filling, packaging, and producing beverages. Part of its product portfolio is information technology and planning associated with logistics and production lines. In addition to packaging, the company has cellar systems to treat and store sensitive beverages. Krones has two reportable segments: product filling and decoration, which is the highest revenue segment, and machines and lines for beverage production and process technology segment. Its customer base includes companies in the beverage, food, chemical, pharmaceutical, and cosmetic industries, but beverage companies account the Krones' revenue. While the company has a presence, Germany remains the central location for the development of machines, lines, and services.

Krones AG (XSWX:KRN) Headlines

No Headlines