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Orion (FRA:0OE) Cyclically Adjusted Price-to-FCF : 22.86 (As of Jun. 22, 2024)


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What is Orion Cyclically Adjusted Price-to-FCF?

As of today (2024-06-22), Orion's current share price is €20.80. Orion's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.91. Orion's Cyclically Adjusted Price-to-FCF for today is 22.86.

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

FRA:0OE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.71   Med: 19.02   Max: 25.95
Current: 22.73

During the past years, Orion's highest Cyclically Adjusted Price-to-FCF was 25.95. The lowest was 12.71. And the median was 19.02.

FRA:0OE's Cyclically Adjusted Price-to-FCF is ranked better than
51.21% of 578 companies
in the Chemicals industry
Industry Median: 24.23 vs FRA:0OE: 22.73

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.

Orion's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.011. 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 €0.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orion Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Orion'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.

Orion Cyclically Adjusted Price-to-FCF Chart

Orion 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 - - - 16.56 26.24

Orion 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 21.42 17.16 18.31 26.24 23.66

Competitive Comparison of Orion's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Orion'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.


Orion's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Orion's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Orion 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.80/0.91
=22.86

* 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.

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

For example, Orion'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)
=-0.011/131.7762*131.7762
=-0.011

Current CPI (Mar. 2024) = 131.7762.

Orion Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.139 100.560 0.182
201409 0.736 100.428 0.966
201412 0.489 99.070 0.650
201503 1.023 99.621 1.353
201506 0.497 100.684 0.650
201509 0.345 100.392 0.453
201512 0.807 99.792 1.066
201603 0.629 100.470 0.825
201606 0.461 101.688 0.597
201609 0.580 101.861 0.750
201612 -0.079 101.863 -0.102
201703 0.004 102.862 0.005
201706 0.447 103.349 0.570
201709 0.310 104.136 0.392
201712 0.062 104.011 0.079
201803 -0.060 105.290 -0.075
201806 -0.232 106.317 -0.288
201809 0.047 106.507 0.058
201812 0.336 105.998 0.418
201903 0.053 107.251 0.065
201906 0.139 108.070 0.169
201909 0.504 108.329 0.613
201912 0.415 108.420 0.504
202003 -0.677 108.902 -0.819
202006 0.684 108.767 0.829
202009 -0.405 109.815 -0.486
202012 0.112 109.897 0.134
202103 -0.351 111.754 -0.414
202106 0.713 114.631 0.820
202109 -0.268 115.734 -0.305
202112 -1.109 117.630 -1.242
202203 -1.140 121.301 -1.238
202206 -1.287 125.017 -1.357
202209 -0.399 125.227 -0.420
202212 0.491 125.222 0.517
202303 1.196 127.348 1.238
202306 0.923 128.729 0.945
202309 0.405 129.860 0.411
202312 0.159 129.419 0.162
202403 -0.011 131.776 -0.011

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.


Orion  (FRA:0OE) 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.


Orion Cyclically Adjusted Price-to-FCF Related Terms

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


Orion (FRA:0OE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Orion SA (FRA:0OE) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
1700 City Plaza Drive, Suite 300, Spring, TX, USA, 77389
Orion SA is a supplier of carbon black, a solid form of carbon produced as powder or pellets. The company's operating segments are Specialty Carbon Black and Rubber Carbon Black. It generates maximum revenue from the Rubber Carbon Black segment. Rubber Carbon Black segment is used in the reinforcement of rubber in tires and mechanical rubber goods. The Specialty Carbon Black segment is used as pigments and performance additives in coatings, polymers, printing, and special applications. Geographically, it derives a majority of its revenue from Germany.

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