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HELLA GmbH KGaA (LUX:HLE) Cyclically Adjusted Price-to-FCF : 113.92 (As of May. 31, 2024)


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What is HELLA GmbH KGaA Cyclically Adjusted Price-to-FCF?

As of today (2024-05-31), HELLA GmbH KGaA's current share price is €84.30. HELLA GmbH KGaA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.74. HELLA GmbH KGaA's Cyclically Adjusted Price-to-FCF for today is 113.92.

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

LUX:HLE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 94.66   Med: 121.25   Max: 167.55
Current: 112.95

During the past years, HELLA GmbH KGaA's highest Cyclically Adjusted Price-to-FCF was 167.55. The lowest was 94.66. And the median was 121.25.

LUX:HLE's Cyclically Adjusted Price-to-FCF is ranked worse than
86.18% of 492 companies
in the Vehicles & Parts industry
Industry Median: 21.36 vs LUX:HLE: 112.95

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.

HELLA GmbH KGaA's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.472. 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 €0.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


HELLA GmbH KGaA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for HELLA GmbH KGaA'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.

HELLA GmbH KGaA Cyclically Adjusted Price-to-FCF Chart

HELLA GmbH KGaA Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 153.38 97.03

HELLA GmbH KGaA Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 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 120.65 107.26 92.10 97.03 115.11

Competitive Comparison of HELLA GmbH KGaA's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, HELLA GmbH KGaA'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.


HELLA GmbH KGaA's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

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



HELLA GmbH KGaA 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.

HELLA GmbH KGaA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=84.30/0.74
=113.92

* 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.

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

For example, HELLA GmbH KGaA'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)
=-0.472/125.0381*125.0381
=-0.472

Current CPI (Mar. 2024) = 125.0381.

HELLA GmbH KGaA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.163 99.263 0.205
201408 0.050 99.823 0.063
201411 -0.651 99.543 -0.818
201502 -0.115 99.217 -0.145
201505 1.227 100.417 1.528
201508 0.543 100.617 0.675
201511 -0.120 99.717 -0.150
201602 -0.585 99.317 -0.737
201605 0.716 100.617 0.890
201608 -0.449 101.017 -0.556
201611 0.339 100.517 0.422
201702 0.239 101.217 0.295
201705 0.291 101.817 0.357
201708 0.379 102.617 0.462
201711 0.167 102.117 0.204
201802 0.572 102.317 0.699
201805 0.682 103.917 0.821
201808 0.482 104.517 0.577
201811 0.362 104.217 0.434
201902 0.403 103.817 0.485
201905 0.391 105.418 0.464
201908 0.542 106.018 0.639
201911 0.489 105.318 0.581
202002 0.414 105.618 0.490
202005 0.019 106.018 0.022
202008 -2.224 106.018 -2.623
202011 1.835 105.018 2.185
202102 0.872 107.018 1.019
202105 -0.009 108.170 -0.010
202108 -0.412 109.118 -0.472
202111 -1.790 110.173 -2.032
202202 -0.393 111.754 -0.440
202205 -0.010 115.760 -0.011
202208 -0.122 116.709 -0.131
202211 0.706 119.872 0.736
202303 -0.437 122.402 -0.446
202306 1.115 123.140 1.132
202309 -0.469 124.195 -0.472
202312 1.515 123.773 1.530
202403 -0.472 125.038 -0.472

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.


HELLA GmbH KGaA  (LUX:HLE) 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.


HELLA GmbH KGaA Cyclically Adjusted Price-to-FCF Related Terms

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HELLA GmbH KGaA (LUX:HLE) Business Description

Traded in Other Exchanges
Address
Rixbecker Strasse 75, Lippstadt, NW, DEU, 59552
HELLA GmbH & Co KGaA is a manufacturer of lighting and electronic components and systems for the automotive industry. The company also produces complete vehicle modules, air-conditioning systems, and vehicle electrical systems in its joint-venture companies, as well as products for specialist vehicles. Further, Hella operates a trade organisation for automotive parts, accessories, diagnosis, and services in Europe. The company is controlled through a pooled family majority shareholding in the group. The company has three reportable segments which are Lighting, Electronics and Lifecycle Solutions. The company generates majority of the revenue from Lighting segment.

HELLA GmbH KGaA (LUX:HLE) Headlines

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