GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Smurfit Kappa Group PLC (DUB:SK3) » Definitions » Cyclically Adjusted Price-to-FCF

Smurfit Kappa Group (DUB:SK3) Cyclically Adjusted Price-to-FCF : 20.83 (As of May. 17, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Smurfit Kappa Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-17), Smurfit Kappa Group's current share price is €44.36. Smurfit Kappa Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €2.13. Smurfit Kappa Group's Cyclically Adjusted Price-to-FCF for today is 20.83.

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

DUB:SK3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.34   Med: 24.5   Max: 33.18
Current: 20.82

During the past 13 years, Smurfit Kappa Group's highest Cyclically Adjusted Price-to-FCF was 33.18. The lowest was 15.34. And the median was 24.50.

DUB:SK3's Cyclically Adjusted Price-to-FCF is ranked worse than
56.17% of 162 companies
in the Packaging & Containers industry
Industry Median: 17.03 vs DUB:SK3: 20.82

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.

Smurfit Kappa Group's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €2.531. 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 €2.13 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Smurfit Kappa Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Smurfit Kappa Group'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.

Smurfit Kappa Group Cyclically Adjusted Price-to-FCF Chart

Smurfit Kappa Group 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 24.96 23.24 28.47 17.87 16.84

Smurfit Kappa Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 28.47 - 17.87 - 16.84

Competitive Comparison of Smurfit Kappa Group's Cyclically Adjusted Price-to-FCF

For the Packaging & Containers subindustry, Smurfit Kappa Group'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.


Smurfit Kappa Group's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Smurfit Kappa Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Smurfit Kappa Group's Cyclically Adjusted Price-to-FCF falls into.



Smurfit Kappa Group 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.

Smurfit Kappa Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=44.36/2.13
=20.83

* 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.

Smurfit Kappa Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Smurfit Kappa Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=2.531/120.7486*120.7486
=2.531

Current CPI (Dec23) = 120.7486.

Smurfit Kappa Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.234 99.576 1.496
201512 1.441 99.676 1.746
201612 1.241 99.676 1.503
201712 1.203 100.075 1.452
201812 2.034 100.773 2.437
201912 2.231 102.068 2.639
202012 3.041 101.072 3.633
202112 1.427 106.653 1.616
202212 2.153 115.436 2.252
202312 2.531 120.749 2.531

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.


Smurfit Kappa Group  (DUB:SK3) 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.


Smurfit Kappa Group Cyclically Adjusted Price-to-FCF Related Terms

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


Smurfit Kappa Group (DUB:SK3) Business Description

Traded in Other Exchanges
Address
Beech Hill, Clonskeagh, Dublin 4, IRL, D04 N2R2
Smurfit Kappa Group PLC manufactures and sells paper-based packaging products. The company owns mills that produce containerboard, which is then shipped to the company's plants, where it is converted into corrugated packaging products. The packaging products include solid board, sack kraft paper, and folding cartons. The firm organizes itself into two segments based on geography: Europe and the Americas. The Europe segment generates the majority of the revenue. The Americas segment owns forestland in Latin America, where Smurfit Kappa harvests timber for its mills.

Smurfit Kappa Group (DUB:SK3) Headlines

No Headlines