GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Maschinenfabrik Heid AG (LTS:0EO2) » Definitions » Cyclically Adjusted Price-to-FCF

Maschinenfabrik Heid AG (LTS:0EO2) Cyclically Adjusted Price-to-FCF : (As of May. 11, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Maschinenfabrik Heid AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Maschinenfabrik Heid AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Maschinenfabrik Heid 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.

Maschinenfabrik Heid AG Cyclically Adjusted Price-to-FCF Chart

Maschinenfabrik Heid AG 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 - - - - -

Maschinenfabrik Heid AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - -

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

For the Tools & Accessories subindustry, Maschinenfabrik Heid 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.


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

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

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



Maschinenfabrik Heid 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.

Maschinenfabrik Heid AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Maschinenfabrik Heid AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0/132.0288*132.0288
=0.000

Current CPI (Dec23) = 132.0288.

Maschinenfabrik Heid AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.000 99.676 0.000
201512 0.000 100.692 0.000
201612 0.000 102.092 0.000
201712 0.000 104.291 0.000
201812 0.000 106.291 0.000
201912 0.000 108.091 0.000
202012 0.000 109.321 0.000
202112 0.000 113.971 0.000
202212 0.000 125.541 0.000
202312 0.000 132.029 0.000

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.


Maschinenfabrik Heid AG  (LTS:0EO2) 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.


Maschinenfabrik Heid AG Cyclically Adjusted Price-to-FCF Related Terms

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


Maschinenfabrik Heid AG (LTS:0EO2) Business Description

Traded in Other Exchanges
Address
HEID-Werkstrasse 13, Stockerau bei Wien, AUT, 2000
Maschinenfabrik Heid AG is a machine tool construction company based in Austria. The company also provides service and spare parts for lathes. Its other business areas consist of real estate marketing and leasing as well as investments in companies.

Maschinenfabrik Heid AG (LTS:0EO2) Headlines

No Headlines