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Polytec Holding AG (LTS:0GOX) Cyclically Adjusted Price-to-FCF : 14.57 (As of May. 16, 2024)


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What is Polytec Holding AG Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Polytec Holding AG's current share price is €3.35. Polytec Holding AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.23. Polytec Holding AG's Cyclically Adjusted Price-to-FCF for today is 14.57.

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

LTS:0GOX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.1   Med: 14.21   Max: 35.42
Current: 15.79

During the past years, Polytec Holding AG's highest Cyclically Adjusted Price-to-FCF was 35.42. The lowest was 5.10. And the median was 14.21.

LTS:0GOX's Cyclically Adjusted Price-to-FCF is ranked better than
63.21% of 492 companies
in the Vehicles & Parts industry
Industry Median: 21.945 vs LTS:0GOX: 15.79

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.

Polytec Holding AG's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €0.641. 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 €0.23 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Polytec Holding AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Polytec Holding 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.

Polytec Holding AG Cyclically Adjusted Price-to-FCF Chart

Polytec Holding 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 13.66 14.06 19.85 14.03 15.29

Polytec Holding AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 14.03 12.12 15.33 14.78 15.29

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

For the Auto Parts subindustry, Polytec Holding 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.


Polytec Holding AG's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

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



Polytec Holding 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.35/0.23
=14.57

* 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.

Polytec Holding AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Polytec Holding AG's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.641/132.0288*132.0288
=0.641

Current CPI (Dec. 2023) = 132.0288.

Polytec Holding AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.157 99.044 -0.209
201406 0.637 99.496 0.845
201409 0.221 99.586 0.293
201412 0.232 99.676 0.307
201503 -1.568 99.992 -2.070
201506 0.146 100.492 0.192
201509 0.042 100.292 0.055
201512 0.592 100.692 0.776
201603 -0.176 100.692 -0.231
201606 0.168 101.092 0.219
201609 0.374 101.192 0.488
201612 1.196 102.092 1.547
201703 -0.059 102.592 -0.076
201706 -0.097 102.991 -0.124
201709 -0.106 103.591 -0.135
201712 0.198 104.291 0.251
201803 -0.161 104.491 -0.203
201806 0.106 105.091 0.133
201809 -0.547 105.691 -0.683
201812 0.085 106.291 0.106
201903 -0.583 106.391 -0.723
201906 0.085 106.791 0.105
201909 -0.403 106.991 -0.497
201912 -0.084 108.091 -0.103
202003 0.170 108.024 0.208
202006 -0.075 107.915 -0.092
202009 -0.183 108.348 -0.223
202012 1.496 109.321 1.807
202103 -0.445 110.186 -0.533
202106 -0.050 110.943 -0.060
202109 -0.928 111.916 -1.095
202112 0.953 113.971 1.104
202203 -1.023 117.647 -1.148
202206 -0.217 120.567 -0.238
202209 0.556 123.811 0.593
202212 1.140 125.541 1.199
202303 0.269 128.461 0.276
202306 -0.410 130.191 -0.416
202309 0.007 131.272 0.007
202312 0.641 132.029 0.641

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.


Polytec Holding AG  (LTS:0GOX) 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.


Polytec Holding AG Cyclically Adjusted Price-to-FCF Related Terms

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Polytec Holding AG (LTS:0GOX) Business Description

Traded in Other Exchanges
Address
Polytec-Strasse 1, Hoersching, AUT, 4063
Polytec Holding AG is an Austria-based company focused on the automotive and plastics industry. It manufactures plastic parts globally. The operating segments are divided into four units namely Plastics, which supplies plastic components for the interior of passenger cars, engines, and the non-automotive industry. Composites provide exterior and engine parts for commercial and passenger vehicles. The car-Styling unit offers accessories, small parts, and systems for vehicles, and Industrial produces plastic molded components and others. It provides service in the field of injection molding, fiber-reinforced plastics, and the manufacturer of original accessory parts made of plastic and stainless steel. Geographical presence in Austria, Austria, UK, Sweden, Hungary, and Other countries.

Polytec Holding AG (LTS:0GOX) Headlines

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