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KUKA AG (XTER:KU2) Cyclically Adjusted FCF per Share : €-0.69 (As of Dec. 2022)


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What is KUKA 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.

KUKA AG's adjusted free cash flow per share for the three months ended in Dec. 2022 was €-1.325. 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 €-0.69 for the trailing ten years ended in Dec. 2022.

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.

As of today (2024-05-06), KUKA AG's current stock price is €84.00. KUKA AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2022 was €-0.69. KUKA AG's Cyclically Adjusted Price-to-FCF of today is .


KUKA AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for KUKA 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.

KUKA AG Cyclically Adjusted FCF per Share Chart

KUKA AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.28 -0.01 0.12 0.38 -0.69

KUKA AG Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 0.38 0.11 -0.11 -0.18 -0.69

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

For the Specialty Industrial Machinery subindustry, KUKA 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.


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

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

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



KUKA 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, KUKA AG's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2022 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=-1.325/119.3449*119.3449
=-1.325

Current CPI (Dec. 2022) = 119.3449.

KUKA AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201303 0.454 98.516 0.550
201306 1.033 98.516 1.251
201309 1.328 98.983 1.601
201312 1.501 99.356 1.803
201403 1.044 99.543 1.252
201406 -0.068 99.543 -0.082
201409 1.210 99.823 1.447
201412 0.398 99.543 0.477
201503 0.003 99.717 0.004
201506 -1.144 100.417 -1.360
201509 0.268 100.417 0.319
201512 2.538 99.717 3.038
201603 -1.626 100.017 -1.940
201606 -1.131 100.717 -1.340
201609 -0.690 101.017 -0.815
201612 0.717 101.217 0.845
201703 -2.439 101.417 -2.870
201706 -1.930 102.117 -2.256
201709 -0.873 102.717 -1.014
201712 4.030 102.617 4.687
201803 -3.544 102.917 -4.110
201806 -2.073 104.017 -2.378
201809 -2.264 104.718 -2.580
201812 0.028 104.217 0.032
201903 -0.458 104.217 -0.524
201906 -0.272 105.718 -0.307
201909 -0.450 106.018 -0.507
201912 2.838 105.818 3.201
202003 -0.473 105.718 -0.534
202006 -2.657 106.618 -2.974
202009 1.330 105.818 1.500
202012 1.750 105.518 1.979
202103 0.308 107.518 0.342
202106 -0.822 108.486 -0.904
202109 0.993 109.435 1.083
202112 2.267 110.384 2.451
202203 -2.800 113.968 -2.932
202206 -2.662 115.760 -2.744
202209 -1.257 118.818 -1.263
202212 -1.325 119.345 -1.325

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


KUKA AG  (XTER:KU2) 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.


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.


KUKA AG Cyclically Adjusted FCF per Share Related Terms

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


KUKA AG (XTER:KU2) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Zugspitzstrasse 140, Augsburg, BY, DEU, 86165
KUKA AG supplies industrial robotics and offers support to plant and systems engineering. Its product portfolio ranges from intelligent automation solutions and individual components to complete production lines. The company integrates mechatronics know-how with cloud technologies and mobile platforms. Solutions may be customized for customers and vary from heavy-duty robots to small models. Kuka operates five business segments: Robotics, Systems, Swisslog, Swisslog Healthcare, and China.
Executives
Peter Mohnen Board of Directors

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