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SZGPY (Salzgitter AG) Cyclically Adjusted Price-to-FCF : (As of Jun. 03, 2025)


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What is Salzgitter AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Salzgitter AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Salzgitter 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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Salzgitter AG Cyclically Adjusted Price-to-FCF Chart

Salzgitter AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 145.54 -

Salzgitter AG Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 150.04 - - - -

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

For the Steel subindustry, Salzgitter 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.


Salzgitter AG's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Salzgitter AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Salzgitter 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.

Salzgitter AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Salzgitter AG's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.371/127.7792*127.7792
=-0.371

Current CPI (Mar. 2025) = 127.7792.

Salzgitter AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.286 100.417 -0.364
201509 0.173 100.417 0.220
201512 0.221 99.717 0.283
201603 -0.387 100.017 -0.494
201606 0.023 100.717 0.029
201609 -0.145 101.017 -0.183
201612 0.303 101.217 0.383
201703 -0.180 101.417 -0.227
201706 -0.194 102.117 -0.243
201709 0.235 102.717 0.292
201712 0.111 102.617 0.138
201803 0.057 102.917 0.071
201806 0.002 104.017 0.002
201809 0.053 104.718 0.065
201812 0.255 104.217 0.313
201903 -0.060 104.217 -0.074
201906 -0.340 105.718 -0.411
201909 -0.042 106.018 -0.051
201912 0.064 105.818 0.077
202003 -0.500 105.718 -0.604
202006 -0.159 106.618 -0.191
202009 -0.099 105.818 -0.120
202012 0.021 105.518 0.025
202103 0.067 107.518 0.080
202106 0.078 108.486 0.092
202109 -0.413 109.435 -0.482
202112 0.230 110.384 0.266
202203 -0.154 113.968 -0.173
202206 -0.358 115.760 -0.395
202209 0.206 118.818 0.222
202212 0.588 119.345 0.630
202303 0.097 122.402 0.101
202306 -0.123 123.140 -0.128
202309 0.283 124.195 0.291
202312 0.015 123.773 0.015
202403 -0.480 125.038 -0.491
202406 -0.366 125.882 -0.372
202409 -0.480 126.198 -0.486
202412 0.184 127.041 0.185
202503 -0.371 127.779 -0.371

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.


Salzgitter AG  (OTCPK:SZGPY) 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.


Salzgitter AG Cyclically Adjusted Price-to-FCF Related Terms

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Salzgitter AG Business Description

Industry
Traded in Other Exchanges
Address
Eisenhuttenstrasse 99, Salzgitter, DEU, 38239
Salzgitter AG is a German-based steel & technology company. The segments of the company are Steel Production, Steel Processing, Trading, & Technology business. The majority is derived from the Steel Production segment which manufactures high-quality branded steel & special steel. The Steel Processing Business Unit produces a broad spectrum of high-grade plate products. The Trading Business Unit operates a tightly-knit European sales network & trading companies & agencies that ensure that Salzgitter Group's products & services are marketed efficiently. The Technology Business Unit operates in the filling & packing technology segment, as well as in special machinery engineering for shoe manufacturing & elastomer production. Geographically, the majority is derived from domestic markets.

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