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Koppers Holdings (FRA:KO9) Cyclically Adjusted Price-to-FCF : 28.72 (As of Jun. 09, 2024)


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What is Koppers Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Koppers Holdings's current share price is €38.20. Koppers Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.33. Koppers Holdings's Cyclically Adjusted Price-to-FCF for today is 28.72.

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

FRA:KO9' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.41   Med: 15.96   Max: 39.4
Current: 28.75

During the past years, Koppers Holdings's highest Cyclically Adjusted Price-to-FCF was 39.40. The lowest was 4.41. And the median was 15.96.

FRA:KO9's Cyclically Adjusted Price-to-FCF is ranked worse than
56.6% of 576 companies
in the Chemicals industry
Industry Median: 24.635 vs FRA:KO9: 28.75

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.

Koppers Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-1.621. 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 €1.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koppers Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Koppers Holdings'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.

Koppers Holdings Cyclically Adjusted Price-to-FCF Chart

Koppers Holdings 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 18.16 15.87 18.02 18.38 36.23

Koppers Holdings 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 25.89 27.38 30.45 36.23 38.15

Competitive Comparison of Koppers Holdings's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Koppers Holdings'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.


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

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

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



Koppers Holdings 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=38.20/1.33
=28.72

* 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.

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

For example, Koppers Holdings'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)
=-1.621/131.7762*131.7762
=-1.621

Current CPI (Mar. 2024) = 131.7762.

Koppers Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.565 100.560 -0.740
201409 -0.148 100.428 -0.194
201412 -0.004 99.070 -0.005
201503 0.572 99.621 0.757
201506 2.076 100.684 2.717
201509 0.341 100.392 0.448
201512 0.817 99.792 1.079
201603 -0.266 100.470 -0.349
201606 0.812 101.688 1.052
201609 1.570 101.861 2.031
201612 0.859 101.863 1.111
201703 -1.677 102.862 -2.148
201706 1.468 103.349 1.872
201709 0.107 104.136 0.135
201712 1.308 104.011 1.657
201803 -1.885 105.290 -2.359
201806 0.039 106.317 0.048
201809 -0.904 106.507 -1.118
201812 1.800 105.998 2.238
201903 -1.072 107.251 -1.317
201906 0.345 108.070 0.421
201909 2.042 108.329 2.484
201912 2.001 108.420 2.432
202003 -1.180 108.902 -1.428
202006 0.991 108.767 1.201
202009 1.032 109.815 1.238
202012 1.341 109.897 1.608
202103 -1.212 111.754 -1.429
202106 0.257 114.631 0.295
202109 -0.124 115.734 -0.141
202112 0.243 117.630 0.272
202203 -1.432 121.301 -1.556
202206 -0.018 125.017 -0.019
202209 1.054 125.227 1.109
202212 0.427 125.222 0.449
202303 -1.996 127.348 -2.065
202306 -0.821 128.729 -0.840
202309 2.289 129.860 2.323
202312 1.594 129.419 1.623
202403 -1.621 131.776 -1.621

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.


Koppers Holdings  (FRA:KO9) 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.


Koppers Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Koppers Holdings (FRA:KO9) Business Description

Industry
Traded in Other Exchanges
Address
436 Seventh Avenue, Pittsburgh, PA, USA, 15219
Koppers Holdings, through its subsidiaries, manufactures and sells wood products, wood treatment chemicals, and carbon compounds used in markets such as railroad, aluminum and steel, agriculture, utilities, and residential lumber. The company is organized into three business segments: railroad and utility products and services, performance chemicals, and carbon materials and chemicals. Its product portfolio includes treated and untreated wood products like crossties used in railroads, wood preservation chemicals, and carbon compounds such as creosote used in the treatment of wood crossties, among others. Most revenue comes from the company's railroad and utility products and services segment, and more than half of the company's revenue is earned in the United States.

Koppers Holdings (FRA:KO9) Headlines

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