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thyssenkrupp AG (BUD:THYSSENKRUPP) Cyclically Adjusted Price-to-FCF : (As of Jun. 21, 2024)


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What is thyssenkrupp AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


thyssenkrupp AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for thyssenkrupp AG's Cyclically Adjusted Price-to-FCF 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.

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thyssenkrupp AG Cyclically Adjusted Price-to-FCF Chart

thyssenkrupp AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
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thyssenkrupp AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of thyssenkrupp AG's Cyclically Adjusted Price-to-FCF

For the Metal Fabrication subindustry, thyssenkrupp 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.


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

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

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



thyssenkrupp AG Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

thyssenkrupp AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, thyssenkrupp 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)
=-109.387/125.0381*125.0381
=-109.387

Current CPI (Mar. 2024) = 125.0381.

thyssenkrupp AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -105.908 99.543 -133.034
201409 498.866 99.823 624.882
201412 -510.452 99.543 -641.192
201503 -38.990 99.717 -48.891
201506 116.890 100.417 145.551
201509 403.602 100.417 502.562
201512 -601.511 99.717 -754.255
201603 -260.406 100.017 -325.552
201606 164.124 100.717 203.757
201609 796.176 101.017 985.503
201612 -1,198.808 101.217 -1,480.945
201703 -161.129 101.417 -198.658
201706 -181.788 102.117 -222.592
201709 1,257.290 102.717 1,530.506
201712 -1,036.625 102.617 -1,263.119
201803 173.283 102.917 210.528
201806 -162.087 104.017 -194.843
201809 1,007.518 104.718 1,203.028
201812 -1,694.300 104.217 -2,032.790
201903 24.896 104.217 29.870
201906 -47.773 105.718 -56.504
201909 904.365 106.018 1,066.615
201912 -1,604.482 105.818 -1,895.917
202003 -107.910 105.718 -127.631
202006 -485.502 106.618 -569.382
202009 -1,540.246 105.818 -1,820.013
202012 21.008 105.518 24.894
202103 -568.539 107.518 -661.183
202106 -192.992 108.486 -222.438
202109 -218.575 109.435 -249.740
202112 -568.563 110.384 -644.046
202203 -514.813 113.968 -564.818
202206 -271.301 115.760 -293.045
202209 814.802 118.818 857.458
202212 -227.720 119.345 -238.583
202303 -133.249 122.402 -136.118
202306 214.191 123.140 217.492
202309 346.356 124.195 348.708
202312 -470.148 123.773 -474.954
202403 -109.387 125.038 -109.387

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


thyssenkrupp AG  (BUD:THYSSENKRUPP) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


thyssenkrupp AG Cyclically Adjusted Price-to-FCF Related Terms

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


thyssenkrupp AG (BUD:THYSSENKRUPP) Business Description

Address
ThyssenKrupp Allee 1, Essen, NW, DEU, 45143
thyssenkrupp AG is a diversified industrial group with steel operations and capital goods and services businesses. Its segment includes Materials Services, Bearings, Forged Technologies, Automotive Technology, Steel Europe, Marine Systems, Multi Tracks. The group also provides cross-cutting services to businesses and Corporate Headquarters.

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