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DVS Technology AG (FRA:DIS) Cyclically Adjusted Price-to-FCF : (As of May. 12, 2024)


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What is DVS Technology AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


DVS Technology AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for DVS Technology 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.

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DVS Technology AG Cyclically Adjusted Price-to-FCF Chart

DVS Technology AG Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted Price-to-FCF
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DVS Technology AG Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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Competitive Comparison of DVS Technology AG's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, DVS Technology 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.


DVS Technology AG's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



DVS Technology 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.

DVS Technology AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec20 is calculated as:

For example, DVS Technology AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec20 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec20 (Change)*Current CPI (Dec20)
=0.168/105.5176*105.5176
=0.168

Current CPI (Dec20) = 105.5176.

DVS Technology AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201112 0.490 95.998 0.539
201212 -0.455 97.957 -0.490
201312 0.322 99.356 0.342
201412 10.918 99.543 11.573
201512 -0.098 99.717 -0.104
201612 0.251 101.217 0.262
201712 0.950 102.617 0.977
201812 -0.939 104.217 -0.951
201912 0.042 105.818 0.042
202012 0.168 105.518 0.168

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.


DVS Technology AG  (FRA:DIS) 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.


DVS Technology AG Cyclically Adjusted Price-to-FCF Related Terms

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DVS Technology AG (FRA:DIS) Business Description

Traded in Other Exchanges
N/A
Address
Johannes-Gutenberg-Strasse 1, Dietzenbach, DEU, D-63128
DVS Technology AG is a holding company in the field of machine tool construction and abrasive agents. The technique offered by its products include honing, drilling, fly cutting and milling among others.