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Kuoni Reisen Holding AG (LTS:0QPL) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Kuoni Reisen Holding AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kuoni Reisen Holding AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kuoni Reisen 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.

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Kuoni Reisen Holding AG Cyclically Adjusted Price-to-FCF Chart

Kuoni Reisen Holding AG Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted Price-to-FCF
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Kuoni Reisen Holding AG Quarterly Data
Sep09 Dec09 Jun10 Sep10 Dec10 Jun11 Sep11 Dec11 Jun12 Sep12 Dec12 Jun13 Sep13 Dec13 Jun14 Sep14 Dec14 Jun15 Sep15 Dec15
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Competitive Comparison of Kuoni Reisen Holding AG's Cyclically Adjusted Price-to-FCF

For the Leisure subindustry, Kuoni Reisen 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.


Kuoni Reisen Holding AG's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kuoni Reisen Holding AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kuoni Reisen 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.

Kuoni Reisen Holding AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec15 is calculated as:

For example, Kuoni Reisen Holding AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec15 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec15 (Change)*Current CPI (Dec15)
=19.115/99.3863*99.3863
=19.115

Current CPI (Dec15) = 99.3863.

Kuoni Reisen Holding AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200612 49.448 98.642 49.821
200712 69.848 100.619 68.992
200812 17.208 101.324 16.879
200912 0.890 101.610 0.871
201012 25.667 102.138 24.975
201112 15.460 101.408 15.152
201212 12.569 100.968 12.372
201312 29.822 101.036 29.335
201412 3.598 100.704 3.551
201512 19.115 99.386 19.115

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.


Kuoni Reisen Holding AG  (LTS:0QPL) 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.


Kuoni Reisen Holding AG Cyclically Adjusted Price-to-FCF Related Terms

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Kuoni Reisen Holding AG (LTS:0QPL) Business Description

Traded in Other Exchanges
N/A
Address
Kuoni Reisen Holding AG was established in 1906. The Company operates travel agencies and provides travel planning services. It provides leisure travel services as well as offers tours and support services for overseas travelers in Europe. The Company's business activities are split into three different areas: Destination Management, Tour operating and Visa services. Destination & Accommodation services involve procurement and supply of services as a specialized wholesaler and supplier. It provides accommodation and land components to online & offline travel agencies, tour operators and aggregators via its efficient, online distribution system. Tour Operating activities focus on outbound leisure travel from European and Asian source markets and offer a variety of tailor-made, individual and packaged holidays to end consumers and online & offline travel agencies. Visa Processing Services offers administrative parts of the visa application, and other consular processes.

Kuoni Reisen Holding AG (LTS:0QPL) Headlines

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