GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Continental AG (CHIX:CONd) » Definitions » Cyclically Adjusted Price-to-FCF

Continental AG (CHIX:COND) Cyclically Adjusted Price-to-FCF : 7.20 (As of May. 25, 2024)


View and export this data going back to 2010. Start your Free Trial

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

As of today (2024-05-25), Continental AG's current share price is €61.09. Continental AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €8.49. Continental AG's Cyclically Adjusted Price-to-FCF for today is 7.20.

The historical rank and industry rank for Continental AG's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CHIX:CONd' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.83   Med: 11.81   Max: 30.77
Current: 7.37

During the past years, Continental AG's highest Cyclically Adjusted Price-to-FCF was 30.77. The lowest was 4.83. And the median was 11.81.

CHIX:CONd's Cyclically Adjusted Price-to-FCF is ranked better than
87.08% of 472 companies
in the Vehicles & Parts industry
Industry Median: 21.84 vs CHIX:CONd: 7.37

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.

Continental AG's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-5.578. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €8.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Continental AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Continental 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.

* Premium members only.

Continental AG Cyclically Adjusted Price-to-FCF Chart

Continental AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.95 12.52 9.97 6.15 8.58

Continental 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 Price-to-FCF 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 7.53 7.65 7.41 8.58 7.91

Competitive Comparison of Continental AG's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Continental 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.


Continental AG's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Continental AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Continental 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.

Continental AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=61.09/8.49
=7.20

* 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.

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

For example, Continental 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)
=-5.578/125.0381*125.0381
=-5.578

Current CPI (Mar. 2024) = 125.0381.

Continental AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.767 99.543 3.476
201409 1.889 99.823 2.366
201412 5.324 99.543 6.688
201503 1.546 99.717 1.939
201506 2.772 100.417 3.452
201509 3.166 100.417 3.942
201512 5.772 99.717 7.238
201603 2.813 100.017 3.517
201606 2.296 100.717 2.850
201609 1.365 101.017 1.690
201612 4.674 101.217 5.774
201703 1.657 101.417 2.043
201706 0.778 102.117 0.953
201709 1.033 102.717 1.257
201712 7.879 102.617 9.600
201803 0.805 102.917 0.978
201806 0.498 104.017 0.599
201809 -0.636 104.718 -0.759
201812 7.790 104.217 9.346
201903 -3.215 104.217 -3.857
201906 -0.225 105.718 -0.266
201909 1.645 106.018 1.940
201912 7.772 105.818 9.184
202003 -1.143 105.718 -1.352
202006 -9.360 106.618 -10.977
202009 8.660 105.818 10.233
202012 4.807 105.518 5.696
202103 3.147 107.518 3.660
202106 1.407 108.486 1.622
202109 -0.097 109.435 -0.111
202112 0.925 110.384 1.048
202203 -0.930 113.968 -1.020
202206 -3.577 115.760 -3.864
202209 -2.523 118.818 -2.655
202212 7.654 119.345 8.019
202303 -4.815 122.402 -4.919
202306 -0.312 123.140 -0.317
202309 2.280 124.195 2.295
202312 8.749 123.773 8.838
202403 -5.578 125.038 -5.578

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.


Continental AG  (CHIX:CONd) 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.


Continental AG Cyclically Adjusted Price-to-FCF Related Terms

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


Continental AG (CHIX:COND) Business Description

Address
Vahrenwalder Strasse 9, Hanover, NI, DEU, 30165
Continental is a global auto supplier and tiremaker. Operating segments include the automotive group (electrical architecture and networking, autonomous mobility, safety and motion, smart mobility, and user experience), tires, and ContiTech which uses rubber in industrial and automotive components and systems. Last year, automotive group revenue was around 48% of the total, tire was 35%, ContiTech was 16%, and contract manufacturing for Vitesco was 1%. Top five customers include Ford, Mercedes-Benz, the Renault-Nissan-Mitsubishi alliance, Stellantis, and Volkswagen, representing about 32% of total revenue. Europe, at 47% of total revenue, is the companies largest market, followed by North America at 27%, Asia (mostly China) at 22%, and 4% in other regions.

Continental AG (CHIX:COND) Headlines

No Headlines