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Schindler Holding AG (CHIX:SCHNZ) Cyclically Adjusted Price-to-FCF : 20.85 (As of May. 26, 2024)


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What is Schindler Holding AG Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Schindler Holding AG's current share price is CHF236.00. Schindler Holding AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was CHF11.32. Schindler Holding AG's Cyclically Adjusted Price-to-FCF for today is 20.85.

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

CHIX:SCHNz' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.07   Med: 26.06   Max: 30.8
Current: 20.85

During the past years, Schindler Holding AG's highest Cyclically Adjusted Price-to-FCF was 30.80. The lowest was 16.07. And the median was 26.06.

CHIX:SCHNz's Cyclically Adjusted Price-to-FCF is ranked better than
70.8% of 1017 companies
in the Industrial Products industry
Industry Median: 33.45 vs CHIX:SCHNz: 20.85

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.

Schindler Holding AG's adjusted free cash flow per share data for the three months ended in Mar. 2024 was CHF4.480. 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 CHF11.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Schindler Holding AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Schindler Holding 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.

Schindler Holding AG Cyclically Adjusted Price-to-FCF Chart

Schindler Holding 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 27.75 26.21 24.74 - -

Schindler Holding AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - 18.11 18.67 - 19.43

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

For the Specialty Industrial Machinery subindustry, Schindler Holding 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.


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

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

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



Schindler Holding 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=236.00/11.32
=20.85

* 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.

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

For example, Schindler Holding 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)
=4.48/107.3549*107.3549
=4.480

Current CPI (Mar. 2024) = 107.3549.

Schindler Holding AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 3.018 101.224 3.201
201406 0.413 101.517 0.437
201409 1.791 101.247 1.899
201412 2.655 100.704 2.830
201503 2.798 100.339 2.994
201506 1.282 100.464 1.370
201509 1.956 99.785 2.104
201512 3.527 99.386 3.810
201603 2.891 99.475 3.120
201606 0.878 100.088 0.942
201609 2.016 99.604 2.173
201612 2.525 99.380 2.728
201703 3.083 100.040 3.308
201706 0.792 100.285 0.848
201709 0.904 100.254 0.968
201712 6.602 100.213 7.073
201803 2.887 100.836 3.074
201806 0.967 101.435 1.023
201809 -1.328 101.246 -1.408
201812 6.739 100.906 7.170
201903 2.283 101.571 2.413
201906 0.789 102.044 0.830
201909 -0.349 101.396 -0.370
201912 8.165 101.063 8.673
202003 2.791 101.048 2.965
202006 2.906 100.743 3.097
202009 -2.738 100.585 -2.922
202012 11.739 100.241 12.572
202103 4.034 100.800 4.296
202106 2.450 101.352 2.595
202109 -4.261 101.533 -4.505
202112 10.005 101.776 10.553
202203 0.000 103.205 0.000
202206 0.000 104.783 0.000
202209 0.000 104.835 0.000
202212 0.000 104.666 0.000
202303 2.439 106.245 2.464
202306 2.232 106.576 2.248
202312 0.000 106.461 0.000
202403 4.480 107.355 4.480

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.


Schindler Holding AG  (CHIX:SCHNz) 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.


Schindler Holding AG Cyclically Adjusted Price-to-FCF Related Terms

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Schindler Holding AG (CHIX:SCHNZ) Business Description

Address
Seestrasse 55, Hergiswil, CHE, 6052
Switzerland-based Schindler is a top-four global supplier of elevators and escalators. The business generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing existing installations. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. Ninety percent of its business is in elevators, which are more numerous globally than escalators. Its business model is similar to that of closest competitors Otis, Kone, and TK Elevator.

Schindler Holding AG (CHIX:SCHNZ) Headlines

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