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KGHM Polska Miedz (FRA:KGHA) Cyclically Adjusted Price-to-FCF : 36.12 (As of Jun. 05, 2025)


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What is KGHM Polska Miedz Cyclically Adjusted Price-to-FCF?

As of today (2025-06-05), KGHM Polska Miedz's current share price is €29.62. KGHM Polska Miedz's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €0.82. KGHM Polska Miedz's Cyclically Adjusted Price-to-FCF for today is 36.12.

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

FRA:KGHA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.5   Med: 17.97   Max: 41.29
Current: 35.7

During the past years, KGHM Polska Miedz's highest Cyclically Adjusted Price-to-FCF was 41.29. The lowest was 4.50. And the median was 17.97.

FRA:KGHA's Cyclically Adjusted Price-to-FCF is ranked worse than
56.22% of 249 companies
in the Metals & Mining industry
Industry Median: 27.01 vs FRA:KGHA: 35.70

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.

KGHM Polska Miedz's adjusted free cash flow per share data for the three months ended in Mar. 2025 was €-0.133. 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 €0.82 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


KGHM Polska Miedz Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for KGHM Polska Miedz'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.

KGHM Polska Miedz Cyclically Adjusted Price-to-FCF Chart

KGHM Polska Miedz Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.39 19.54 23.26 23.76 31.15

KGHM Polska Miedz Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 28.69 30.63 37.61 31.15 36.45

Competitive Comparison of KGHM Polska Miedz's Cyclically Adjusted Price-to-FCF

For the Copper subindustry, KGHM Polska Miedz'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.


KGHM Polska Miedz's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, KGHM Polska Miedz's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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KGHM Polska Miedz 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.

KGHM Polska Miedz's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=29.62/0.82
=36.12

* 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.

KGHM Polska Miedz's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, KGHM Polska Miedz's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.133/157.0208*157.0208
=-0.133

Current CPI (Mar. 2025) = 157.0208.

KGHM Polska Miedz Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.431 100.448 0.674
201509 -0.012 99.634 -0.019
201512 -0.531 99.471 -0.838
201603 -0.458 98.983 -0.727
201606 -0.082 99.552 -0.129
201609 0.299 99.064 0.474
201612 1.380 100.366 2.159
201703 -0.186 101.018 -0.289
201706 0.167 101.180 0.259
201709 -0.059 101.343 -0.091
201712 0.450 102.564 0.689
201803 -0.813 102.564 -1.245
201806 0.137 103.378 0.208
201809 0.532 103.378 0.808
201812 1.240 103.785 1.876
201903 -0.485 104.274 -0.730
201906 0.480 105.983 0.711
201909 -0.126 105.983 -0.187
201912 1.936 107.123 2.838
202003 -0.040 109.076 -0.058
202006 0.399 109.402 0.573
202009 0.510 109.320 0.733
202012 1.700 109.565 2.436
202103 0.105 112.658 0.146
202106 0.633 113.960 0.872
202109 -0.706 115.588 -0.959
202112 0.369 119.088 0.487
202203 0.725 125.031 0.910
202206 -1.220 131.705 -1.455
202209 -0.463 135.531 -0.536
202212 -1.019 139.113 -1.150
202303 0.369 145.950 0.397
202306 0.632 147.009 0.675
202309 -0.300 146.113 -0.322
202312 0.578 147.741 0.614
202403 -1.485 149.044 -1.564
202406 2.051 150.997 2.133
202409 -1.414 153.439 -1.447
202412 -0.622 154.660 -0.631
202503 -0.133 157.021 -0.133

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.


KGHM Polska Miedz  (FRA:KGHA) 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.


KGHM Polska Miedz Cyclically Adjusted Price-to-FCF Related Terms

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


KGHM Polska Miedz Business Description

Traded in Other Exchanges
Address
48 M.Sklodowskiej-Curie Street, Lubin, POL, 59-301
KGHM Polska Miedz SA engages in copper ore mining and copper production predominantly in South-Western Poland. The company also produces precious metals such as silver, which is typically used for coins, jewelry, photography products, and industrial purposes. The bulk of group revenue is generated through copper sales, and the remainder is through sales of silver, while a minor portion is generated through the production of gold, salt, and casting of light metals. The materials are sold domestically, and exported to Germany, China, the U.S., the United Kingdom, and the Czech Republic, among many other European nations.

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