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Kontron AG (XTER:KTN) Cyclically Adjusted FCF per Share : €1.30 (As of Mar. 2024)


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What is Kontron 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.

Kontron AG's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.347. 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 €1.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kontron AG's average Cyclically Adjusted FCF Growth Rate was 10.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 17.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 23.30% 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 Kontron AG was 28.10% per year. The lowest was 17.20% per year. And the median was 25.60% per year.

As of today (2024-05-20), Kontron AG's current stock price is €19.71. Kontron AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.30. Kontron AG's Cyclically Adjusted Price-to-FCF of today is 15.16.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kontron AG was 61.69. The lowest was 11.88. And the median was 25.34.


Kontron AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Kontron 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.

Kontron AG Cyclically Adjusted FCF per Share Chart

Kontron 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 0.57 0.82 1.01 1.13 1.32

Kontron 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 1.16 1.18 1.23 1.32 1.30

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

For the Information Technology Services subindustry, Kontron 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.


Kontron AG's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Kontron AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kontron 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, Kontron 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)
=-0.347/133.7589*133.7589
=-0.347

Current CPI (Mar. 2024) = 133.7589.

Kontron AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.004 99.496 -0.005
201409 -0.011 99.586 -0.015
201412 0.485 99.676 0.651
201503 -0.390 99.992 -0.522
201506 0.365 100.492 0.486
201509 0.021 100.292 0.028
201512 0.599 100.692 0.796
201603 -0.196 100.692 -0.260
201606 0.061 101.092 0.081
201609 0.003 101.192 0.004
201612 1.473 102.092 1.930
201703 -0.093 102.592 -0.121
201706 0.000 102.991 0.000
201709 -0.076 103.591 -0.098
201712 0.887 104.291 1.138
201803 -0.404 104.491 -0.517
201806 0.155 105.091 0.197
201809 -0.062 105.691 -0.078
201812 0.837 106.291 1.053
201903 -0.194 106.391 -0.244
201906 0.020 106.791 0.025
201909 0.242 106.991 0.303
201912 1.187 108.091 1.469
202003 0.096 108.024 0.119
202006 0.316 107.915 0.392
202009 0.343 108.348 0.423
202012 1.400 109.321 1.713
202103 -0.410 110.186 -0.498
202106 0.218 110.943 0.263
202109 -0.030 111.916 -0.036
202112 1.700 113.971 1.995
202203 -0.928 117.647 -1.055
202206 -0.170 120.567 -0.189
202209 0.095 123.811 0.103
202212 1.672 125.541 1.781
202303 -0.029 128.460 -0.030
202306 0.032 130.191 0.033
202309 0.408 131.272 0.416
202312 1.279 132.570 1.290
202403 -0.347 133.759 -0.347

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


Kontron AG  (XTER:KTN) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=19.71/1.3
=15.16

* 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 Kontron AG was 61.69. The lowest was 11.88. And the median was 25.34.


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.


Kontron AG Cyclically Adjusted FCF per Share Related Terms

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


Kontron AG (XTER:KTN) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Kontron AG (XTER:KTN) » Definitions » Cyclically Adjusted FCF per Share
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Industriezeile 35, Linz, AUT, A-4021
Kontron AG is an IT systems and hardware components manufacturer. It operates in three segments: IT Services, which includes consulting and sales of third-party hardware and software products as well as implementation and operation in the DACH region and Eastern Europe. The portfolio offered includes the areas of planning (consulting), implementation (integration), and outsourcing of IT services; IoT Solutions Europe segment focuses on the development of secure solutions through a combined portfolio of hardware, middleware, and services in the areas of the Internet of Things (loT) and Industry 4.0; and loT Solutions America segment covers business activities in the vertical markets of transport and aviation as well as communications in the North America region.

Kontron AG (XTER:KTN) Headlines