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FLSmidth AS (CHIX:FLSC) Cyclically Adjusted Price-to-FCF : 32.39 (As of Dec. 12, 2024)


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What is FLSmidth AS Cyclically Adjusted Price-to-FCF?

As of today (2024-12-12), FLSmidth AS's current share price is kr366.30. FLSmidth AS's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was kr11.31. FLSmidth AS's Cyclically Adjusted Price-to-FCF for today is 32.39.

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

CHIX:FLSc' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.18   Med: 23.56   Max: 35.94
Current: 28.8

During the past years, FLSmidth AS's highest Cyclically Adjusted Price-to-FCF was 35.94. The lowest was 12.18. And the median was 23.56.

CHIX:FLSc's Cyclically Adjusted Price-to-FCF is ranked better than
59.41% of 956 companies
in the Industrial Products industry
Industry Median: 36.49 vs CHIX:FLSc: 28.80

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.

FLSmidth AS's adjusted free cash flow per share data for the three months ended in Sep. 2024 was kr2.265. 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 kr11.31 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


FLSmidth AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for FLSmidth AS'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.

FLSmidth AS Cyclically Adjusted Price-to-FCF Chart

FLSmidth AS 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 33.94 23.70 21.09 20.57 19.82

FLSmidth AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 24.26 19.82 22.29 23.33 28.77

Competitive Comparison of FLSmidth AS's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, FLSmidth AS'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.


FLSmidth AS's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



FLSmidth AS 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.

FLSmidth AS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=366.30/11.31
=32.39

* 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.

FLSmidth AS's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, FLSmidth AS's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=2.265/118.9000*118.9000
=2.265

Current CPI (Sep. 2024) = 118.9000.

FLSmidth AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 9.984 99.400 11.943
201503 -2.390 100.200 -2.836
201506 -2.344 100.300 -2.779
201509 9.301 100.200 11.037
201512 2.105 99.800 2.508
201603 -1.799 100.200 -2.135
201606 0.654 100.600 0.773
201609 14.125 100.200 16.761
201612 11.184 100.300 13.258
201703 2.240 101.200 2.632
201706 -2.893 101.200 -3.399
201709 6.845 101.800 7.995
201712 9.869 101.300 11.584
201803 5.578 101.700 6.521
201806 -11.956 102.300 -13.896
201809 4.244 102.400 4.928
201812 -0.319 102.100 -0.371
201903 3.093 102.900 3.574
201906 1.097 102.900 1.268
201909 2.751 102.900 3.179
201912 3.609 102.900 4.170
202003 -2.082 103.300 -2.396
202006 10.093 103.200 11.628
202009 9.780 103.500 11.235
202012 4.130 103.400 4.749
202103 4.415 104.300 5.033
202106 9.922 105.000 11.235
202109 -5.052 105.800 -5.678
202112 12.684 106.600 14.148
202203 -2.141 109.900 -2.316
202206 -4.930 113.600 -5.160
202209 6.703 116.400 6.847
202212 11.509 115.900 11.807
202303 -8.215 117.300 -8.327
202306 4.462 116.400 4.558
202309 -7.708 117.400 -7.806
202312 13.678 116.700 13.936
202403 -7.922 118.400 -7.955
202406 -2.634 118.500 -2.643
202409 2.265 118.900 2.265

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.


FLSmidth AS  (CHIX:FLSc) 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.


FLSmidth AS Cyclically Adjusted Price-to-FCF Related Terms

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


FLSmidth AS Business Description

Traded in Other Exchanges
Address
Vigerslev Alle 77, Valby, Copenhagen, DNK, DK-2500
FLSmidth & Co AS is a Denmark-based company that designs, manufactures, and supplies machinery, cement plants, and minerals processing solutions and provide services along with the construction. The company's two segments are mining and cement. The majority of revenue is generated from the mining segment. Geographically, the company operates across the Americas, Asia, Africa, Europe, and Oceania. Among all areas, South America contributes the most revenue, mainly due to mining.

FLSmidth AS Headlines

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