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Openlane (FRA:XKR) Cyclically Adjusted Price-to-FCF : 6.78 (As of Jun. 04, 2024)


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What is Openlane Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), Openlane's current share price is €15.80. Openlane's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.33. Openlane's Cyclically Adjusted Price-to-FCF for today is 6.78.

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

FRA:XKR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.82   Med: 6.43   Max: 9.9
Current: 6.78

During the past years, Openlane's highest Cyclically Adjusted Price-to-FCF was 9.90. The lowest was 3.82. And the median was 6.43.

FRA:XKR's Cyclically Adjusted Price-to-FCF is ranked better than
87.47% of 495 companies
in the Vehicles & Parts industry
Industry Median: 21.27 vs FRA:XKR: 6.78

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.

Openlane's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.735. 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 €2.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Openlane Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Openlane'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.

Openlane Cyclically Adjusted Price-to-FCF Chart

Openlane 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 7.97 6.94 5.28 5.14 5.98

Openlane 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 5.27 5.95 5.81 5.98 6.82

Competitive Comparison of Openlane's Cyclically Adjusted Price-to-FCF

For the Auto & Truck Dealerships subindustry, Openlane'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.


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

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

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



Openlane 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.80/2.33
=6.78

* 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.

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

For example, Openlane'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)
=0.735/131.7762*131.7762
=0.735

Current CPI (Mar. 2024) = 131.7762.

Openlane Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.593 100.560 0.777
201409 0.400 100.428 0.525
201412 0.413 99.070 0.549
201503 0.392 99.621 0.519
201506 0.466 100.684 0.610
201509 0.545 100.392 0.715
201512 0.817 99.792 1.079
201603 0.220 100.470 0.289
201606 0.352 101.688 0.456
201609 0.531 101.861 0.687
201612 0.346 101.863 0.448
201703 0.709 102.862 0.908
201706 1.246 103.349 1.589
201709 0.483 104.136 0.611
201712 0.754 104.011 0.955
201803 0.678 105.290 0.849
201806 1.309 106.317 1.622
201809 1.020 106.507 1.262
201812 0.707 105.998 0.879
201903 0.365 107.251 0.448
201906 1.214 108.070 1.480
201909 0.556 108.329 0.676
201912 0.416 108.420 0.506
202003 -0.549 108.902 -0.664
202006 2.067 108.767 2.504
202009 0.884 109.815 1.061
202012 -0.228 109.897 -0.273
202103 0.988 111.754 1.165
202106 0.747 114.631 0.859
202109 0.300 115.734 0.342
202112 0.321 117.630 0.360
202203 -0.563 121.301 -0.612
202206 -2.339 125.017 -2.465
202209 -1.230 125.227 -1.294
202212 -0.047 125.222 -0.049
202303 0.715 127.348 0.740
202306 0.265 128.729 0.271
202309 0.521 129.860 0.529
202312 0.060 129.419 0.061
202403 0.735 131.776 0.735

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.


Openlane  (FRA:XKR) 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.


Openlane Cyclically Adjusted Price-to-FCF Related Terms

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


Openlane (FRA:XKR) Business Description

Industry
Traded in Other Exchanges
Address
11299 N. Illinois Street, Carmel, IN, USA, 46032
Openlane Inc offers a digital marketplace for used vehicles. The services comprise financing, repossessions, repairs, transportation, warranty, and inventory services. It operates used-vehicle auctions and offers complete online services for all parties involved. The company has two operating segments which include Marketplace and Finance, of which it generates the majority of the revenue from the Marketplace segment.

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