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DDM Holding AG (OSTO:DDM) Cyclically Adjusted Price-to-FCF : 1.03 (As of May. 17, 2024)


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

As of today (2024-05-17), DDM Holding AG's current share price is kr23.00. DDM Holding AG's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2023 was kr22.23. DDM Holding AG's Cyclically Adjusted Price-to-FCF for today is 1.03.

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

OSTO:DDM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.4   Med: 1.03   Max: 1.22
Current: 1.03

During the past years, DDM Holding AG's highest Cyclically Adjusted Price-to-FCF was 1.22. The lowest was 0.40. And the median was 1.03.

OSTO:DDM's Cyclically Adjusted Price-to-FCF is not ranked
in the Asset Management industry.
Industry Median: 20.69 vs OSTO:DDM: 1.03

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.

DDM Holding AG's adjusted free cash flow per share data for the three months ended in Jun. 2023 was kr-3.388. 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 kr22.23 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


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

The historical data trend for DDM 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.

DDM Holding AG Cyclically Adjusted Price-to-FCF Chart

DDM 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 - - - 1.20 -

DDM Holding AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 1.20 1.16 0.92 -

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

For the Asset Management subindustry, DDM 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.


DDM Holding AG's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, DDM Holding AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



DDM 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.

DDM 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
=23.00/22.23
=1.03

* 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.

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

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-3.388/106.5755*106.5755
=-3.388

Current CPI (Jun. 2023) = 106.5755.

DDM Holding AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 0.000 101.336 0.000
201312 0.000 101.036 0.000
201403 0.000 101.224 0.000
201406 0.000 101.517 0.000
201409 0.000 101.247 0.000
201412 0.000 100.704 0.000
201503 -0.729 100.339 -0.774
201506 2.270 100.464 2.408
201509 -3.395 99.785 -3.626
201512 -1.503 99.386 -1.612
201603 0.099 99.475 0.106
201606 7.441 100.088 7.923
201609 5.354 99.604 5.729
201612 8.627 99.380 9.252
201703 4.295 100.040 4.576
201706 4.194 100.285 4.457
201709 2.204 100.254 2.343
201712 4.100 100.213 4.360
201803 4.609 100.836 4.871
201806 8.673 101.435 9.113
201809 8.374 101.246 8.815
201812 10.185 100.906 10.757
201903 10.780 101.571 11.311
201906 2.521 102.044 2.633
201909 9.100 101.396 9.565
201912 4.613 101.063 4.865
202003 10.650 101.048 11.233
202006 6.215 100.743 6.575
202009 35.615 100.585 37.736
202012 8.132 100.241 8.646
202103 3.153 100.800 3.334
202106 1.653 101.352 1.738
202109 5.631 101.533 5.911
202112 -0.264 101.776 -0.276
202203 5.314 103.205 5.488
202206 -2.930 104.783 -2.980
202209 12.623 104.835 12.833
202212 2.335 104.666 2.378
202303 2.620 106.245 2.628
202306 -3.388 106.576 -3.388

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.


DDM Holding AG  (OSTO:DDM) 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.


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

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DDM Holding AG (OSTO:DDM) Business Description

Traded in Other Exchanges
N/A
Address
Landis & Gyr Strasse 1, Zug, CHE, 6300
DDM Holding AG is a Swiss company investing and managing non-performing loans and special situations. It invests in corporate and consumer-secured portfolios in Southern, Central and Eastern Europe and also unsecured portfolios. It has invested in assets that originate in Greece, Croatia, Serbia, Bosnia, Romania, Hungary, Russia, Czech Republic, Slovakia, and Slovenia.

DDM Holding AG (OSTO:DDM) Headlines