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Rheinmetall AG (XTER:RHM) Cyclically Adjusted FCF per Share : €0.00 (As of Dec. 2023)


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What is Rheinmetall 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.

Rheinmetall AG's adjusted free cash flow per share for the three months ended in Dec. 2023 was €14.681. 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 €0.00 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Rheinmetall AG's average Cyclically Adjusted FCF Growth Rate was -5.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.60% 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 Rheinmetall AG was 29.40% per year. The lowest was 14.60% per year. And the median was 22.00% per year.

As of today (2024-05-01), Rheinmetall AG's current stock price is €517.20. Rheinmetall AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.00. Rheinmetall AG's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Rheinmetall AG was 325.15. The lowest was 23.40. And the median was 59.04.


Rheinmetall AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Rheinmetall 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.

Rheinmetall AG Cyclically Adjusted FCF per Share Chart

Rheinmetall 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 1.66 2.30 3.10 2.50 -

Rheinmetall AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.50 3.03 2.33 2.73 -

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

For the Aerospace & Defense subindustry, Rheinmetall 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.


Rheinmetall AG's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Rheinmetall AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Rheinmetall 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, Rheinmetall AG's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=14.681/123.6675*123.6675
=14.681

Current CPI (Dec. 2023) = 123.6675.

Rheinmetall AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -12.293 99.543 -15.272
201406 -2.145 99.543 -2.665
201409 1.388 99.823 1.720
201412 8.209 99.543 10.199
201503 -5.100 99.717 -6.325
201506 -1.945 100.417 -2.395
201509 0.235 100.417 0.289
201512 7.031 99.717 8.720
201603 -6.474 100.017 -8.005
201606 -1.763 100.717 -2.165
201609 0.831 101.017 1.017
201612 10.846 101.217 13.252
201703 -4.643 101.417 -5.662
201706 0.446 102.117 0.540
201709 0.115 102.717 0.138
201712 10.518 102.617 12.676
201803 -6.577 102.917 -7.903
201806 -3.275 104.017 -3.894
201809 -2.712 104.718 -3.203
201812 11.784 104.217 13.983
201903 -2.960 104.217 -3.512
201906 -1.840 105.718 -2.152
201909 -2.963 106.018 -3.456
201912 14.956 105.818 17.479
202003 -4.338 105.718 -5.075
202006 -4.983 106.618 -5.780
202009 0.936 105.818 1.094
202012 13.499 105.518 15.821
202103 -1.349 107.518 -1.552
202106 -0.165 108.486 -0.188
202109 -1.273 109.435 -1.439
202112 12.447 110.384 13.945
202203 -10.875 113.968 -11.801
202206 -4.340 115.760 -4.636
202209 -1.029 118.818 -1.071
202212 12.219 119.345 12.662
202303 -2.905 122.402 -2.935
202306 -5.321 123.140 -5.344
202309 -2.340 124.195 -2.330
202312 14.681 123.668 14.681

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


Rheinmetall AG  (XTER:RHM) 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 Rheinmetall AG was 325.15. The lowest was 23.40. And the median was 59.04.


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.


Rheinmetall AG Cyclically Adjusted FCF per Share Related Terms

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


Rheinmetall AG (XTER:RHM) Business Description

Industry
Address
Rheinmetall Platz 1, Dusseldorf, NW, DEU, 40476
Rheinmetall is an international group active in various markets with leading technological products and services. The sales focus is on the security technology and mobility segments. Since February 2021, the group structure has been made up of five divisions—vehicle systems, weapon and ammunition, electronic solutions, sensors and actuators, and materials and trade. The vehicle systems, weapon and ammunition, and electronic solutions divisions are among the defense and security industry's leading suppliers of innovative products to German and international defense forces. The sensors and actuators and materials and trade divisions' core area of expertise is the reduction of emissions, pollutants, and fuel consumption.
Executives
Professor Dr. Andreas Arthur Georgi Supervisory Board
Ulrich Grillo Supervisory Board
Armin Theodor Papperger Board of Directors
Dagmar Steinert Board of Directors
Armin Papperger Board of Directors
Helmut P. Merch Board of Directors
Professor Dr. Susanne Hannemann Supervisory Board
Dr. Britta Giesen Supervisory Board
Peter Sebastian Krause Board of Directors

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