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LAIQON AG (XTER:LQAG) Cyclically Adjusted FCF per Share : €0.04 (As of Dec. 2023)


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What is LAIQON 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.

LAIQON AG's adjusted free cash flow per share data for the fiscal year that ended in Dec. 2023 was €-0.693. 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 €0.04 for the trailing ten years ended in Dec. 2023.

During the past 12 months, LAIQON AG's average Cyclically Adjusted FCF Growth Rate was -71.40% 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 LAIQON AG was -52.40% per year. The lowest was -52.40% per year. And the median was -52.40% per year.

As of today (2024-06-09), LAIQON AG's current stock price is € 5.00. LAIQON AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec. 2023 was €0.04. LAIQON AG's Cyclically Adjusted Price-to-FCF of today is 125.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of LAIQON AG was 192.00. The lowest was 1.25. And the median was 5.51.


LAIQON AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for LAIQON 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.

LAIQON AG Cyclically Adjusted FCF per Share Chart

LAIQON 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 -0.10 -0.29 - 0.14 0.04

LAIQON 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 - - 0.14 - 0.04

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

For the Asset Management subindustry, LAIQON 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.


LAIQON AG's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, LAIQON AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



LAIQON 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, LAIQON 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)
=-0.693/123.7729*123.7729
=-0.693

Current CPI (Dec. 2023) = 123.7729.

LAIQON AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.294 99.543 0.366
201512 0.298 99.717 0.370
201612 0.233 101.217 0.285
201712 0.144 102.617 0.174
201812 -0.232 104.217 -0.276
201912 -0.796 105.818 -0.931
202012 -0.162 105.518 -0.190
202112 1.407 110.384 1.578
202212 -0.261 119.345 -0.271
202312 -0.693 123.773 -0.693

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


LAIQON AG  (XTER:LQAG) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.00/0.04
=125.00

* 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 LAIQON AG was 192.00. The lowest was 1.25. And the median was 5.51.


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.


LAIQON AG Cyclically Adjusted FCF per Share Related Terms

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


LAIQON AG (XTER:LQAG) Business Description

Industry
Traded in Other Exchanges
Address
An der Alster 42, Hamburg, DEU, 20099
LAIQON AG along with its subsidiaries develops, markets, and manages investments in real assets for institutional and retail investors. The business of the company operates in three business segments namely Lloyd Fonds positioned as a special provider of non-benchmarked equity, fixed-income and mixed funds with a clear focus on active alpha strategies. The LLOYD WEALTH business segment is committed to proactive holistic 360° implementation of the individual goals of high net-worth individuals by means of personal asset management. The LLOYD DIGITAL business segment offers digital and risk-optimized investment solutions for retail and institutional investors.
Executives
Achim Plate Board of Directors

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