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Kesla Oyj (OHEL:KELAS) Cyclically Adjusted Price-to-FCF : 24.63 (As of Jun. 09, 2024)


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What is Kesla Oyj Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Kesla Oyj's current share price is €3.94. Kesla Oyj's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €0.16. Kesla Oyj's Cyclically Adjusted Price-to-FCF for today is 24.63.

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

OHEL:KELAS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22   Med: 34.53   Max: 250
Current: 25.28

During the past 13 years, Kesla Oyj's highest Cyclically Adjusted Price-to-FCF was 250.00. The lowest was 22.00. And the median was 34.53.

OHEL:KELAS's Cyclically Adjusted Price-to-FCF is ranked worse than
50.51% of 99 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 25.54 vs OHEL:KELAS: 25.28

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.

Kesla Oyj's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €1.031. 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 €0.16 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kesla Oyj Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kesla Oyj'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.

Kesla Oyj Cyclically Adjusted Price-to-FCF Chart

Kesla Oyj 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 219.25 30.95 45.86 - 25.34

Kesla Oyj 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 45.86 - - - 25.34

Competitive Comparison of Kesla Oyj's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, Kesla Oyj'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.


Kesla Oyj's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Kesla Oyj's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kesla Oyj 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.94/0.16
=24.63

* 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.

Kesla Oyj's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Kesla Oyj'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)
=1.031/121.5400*121.5400
=1.031

Current CPI (Dec23) = 121.5400.

Kesla Oyj Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.749 100.229 -0.908
201512 0.672 99.990 0.817
201612 0.580 101.020 0.698
201712 0.096 101.510 0.115
201812 0.566 102.710 0.670
201912 -0.140 103.650 -0.164
202012 1.366 103.890 1.598
202112 -0.150 107.490 -0.170
202212 -2.054 117.320 -2.128
202312 1.031 121.540 1.031

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.


Kesla Oyj  (OHEL:KELAS) 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.


Kesla Oyj Cyclically Adjusted Price-to-FCF Related Terms

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


Kesla Oyj (OHEL:KELAS) Business Description

Traded in Other Exchanges
N/A
Address
Kuurnankatu 24, Joensuu, FIN, 80100
Kesla Oyj is engaged in designing, marketing, and manufacturing forest technology. The product portfolio includes harvester cranes, forwarder cranes, and industrial cranes.

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