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Siemens AG (FRA:SIEB) Cyclically Adjusted Price-to-FCF : 17.97 (As of May. 21, 2024)


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

As of today (2024-05-21), Siemens AG's current share price is €85.00. Siemens AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.73. Siemens AG's Cyclically Adjusted Price-to-FCF for today is 17.97.

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

FRA:SIEB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.63   Med: 15.74   Max: 20.58
Current: 17.97

During the past years, Siemens AG's highest Cyclically Adjusted Price-to-FCF was 20.58. The lowest was 8.63. And the median was 15.74.

FRA:SIEB's Cyclically Adjusted Price-to-FCF is ranked better than
75.15% of 1034 companies
in the Industrial Products industry
Industry Median: 33.575 vs FRA:SIEB: 17.97

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.

Siemens AG's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.840. 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 €4.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Siemens AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Siemens 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.

* Premium members only.

Siemens AG Cyclically Adjusted Price-to-FCF Chart

Siemens AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.51 15.37 18.83 11.50 14.47

Siemens AG 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 16.40 16.29 14.47 17.74 18.37

Competitive Comparison of Siemens AG's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Siemens 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.


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

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

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



Siemens 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=85.00/4.73
=17.97

* 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.

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

For example, Siemens AG'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)
=0.84/125.0381*125.0381
=0.840

Current CPI (Mar. 2024) = 125.0381.

Siemens AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.627 99.543 0.788
201409 2.055 99.823 2.574
201412 -0.068 99.543 -0.085
201503 -0.138 99.717 -0.173
201506 0.411 100.417 0.512
201509 2.661 100.417 3.313
201512 -0.446 99.717 -0.559
201603 0.495 100.017 0.619
201606 1.110 100.717 1.378
201609 2.180 101.017 2.698
201612 0.435 101.217 0.537
201703 0.445 101.417 0.549
201706 0.565 102.117 0.692
201709 1.431 102.717 1.742
201712 0.526 102.617 0.641
201803 0.476 102.917 0.578
201806 0.532 104.017 0.640
201809 1.997 104.718 2.385
201812 -0.209 104.217 -0.251
201903 0.487 104.217 0.584
201906 0.396 105.718 0.468
201909 3.397 106.018 4.006
201912 0.117 105.818 0.138
202003 0.200 105.718 0.237
202006 1.671 106.618 1.960
202009 2.544 105.818 3.006
202012 0.606 105.518 0.718
202103 0.758 107.518 0.882
202106 1.396 108.486 1.609
202109 2.332 109.435 2.665
202112 0.673 110.384 0.762
202203 0.814 113.968 0.893
202206 1.425 115.760 1.539
202209 2.168 118.818 2.281
202212 0.053 119.345 0.056
202303 1.465 122.402 1.497
202306 1.836 123.140 1.864
202309 2.898 124.195 2.918
202312 0.656 123.773 0.663
202403 0.840 125.038 0.840

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.


Siemens AG  (FRA:SIEB) 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.


Siemens AG Cyclically Adjusted Price-to-FCF Related Terms

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


Siemens AG (FRA:SIEB) Business Description

Industry
Address
Werner-von-Siemens-Strabe 1, Munich, BY, DEU, 80333
Siemens AG is a multi-industry company focused on the areas of automation, electrification, mobility, and healthcare. Its top three geographic regions—the United States, Germany, and China—contribute over half of group revenue. Siemens has a 75% investment in separately listed Siemens Healthineers. Recent portfolio activity included the listing of Siemens Energy, spinning out its power and gas and Siemens Gamesa business divisions in 2020.