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HanseYachts AG (FRA:H9Y) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


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What is HanseYachts AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


HanseYachts AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for HanseYachts 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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HanseYachts AG Cyclically Adjusted Price-to-FCF Chart

HanseYachts AG Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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HanseYachts AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of HanseYachts AG's Cyclically Adjusted Price-to-FCF

For the Recreational Vehicles subindustry, HanseYachts 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.


HanseYachts AG's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, HanseYachts AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



HanseYachts 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.

HanseYachts AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, HanseYachts AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.985/123.1404*123.1404
=-0.985

Current CPI (Jun23) = 123.1404.

HanseYachts AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.752 99.543 -0.930
201506 -0.778 100.417 -0.954
201606 -0.209 100.717 -0.256
201706 0.323 102.117 0.389
201806 -0.406 104.017 -0.481
201906 -0.125 105.718 -0.146
202006 -0.216 106.618 -0.249
202106 0.155 108.486 0.176
202206 -0.610 115.760 -0.649
202306 -0.985 123.140 -0.985

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.


HanseYachts AG  (FRA:H9Y) 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.


HanseYachts AG Cyclically Adjusted Price-to-FCF Related Terms

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HanseYachts AG (FRA:H9Y) Business Description

Traded in Other Exchanges
Address
Ladebower Chaussee 11, Greifswald, MV, DEU, 17493
HanseYachts AG is the manufacturer of seagoing sailing and motor yachts. The company's business segments include Sailing Yachts; Motor Yachts; Catamarans and others. The Sailing Yachts segment engages in the production and selling of sailing yachts. It offers cruising yachts under the HANSE brand, elegant deck salons or classically designed cruisers under the Moody brand, sporty cruiser racers under the delher brand, and the VA brand. The Motor Yachts segment manufactures motor yachts under brands such as Fjord and Sealine. It generates maximum revenue from the Sailing Yachts segment. Geographically, it operates in Germany, the United States, France, Turkey, the Netherlands, the United Kingdom, Other Europe and others.

HanseYachts AG (FRA:H9Y) Headlines

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