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Salzgitter AG (Salzgitter AG) Cyclically Adjusted Price-to-FCF : 122.50 (As of Jun. 06, 2024)


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

As of today (2024-06-06), Salzgitter AG's current share price is $2.45. Salzgitter AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.02. Salzgitter AG's Cyclically Adjusted Price-to-FCF for today is 122.50.

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

SZGPY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 90.77   Med: 136.11   Max: 1048
Current: 134.34

During the past years, Salzgitter AG's highest Cyclically Adjusted Price-to-FCF was 1048.00. The lowest was 90.77. And the median was 136.11.

SZGPY's Cyclically Adjusted Price-to-FCF is ranked worse than
94.38% of 267 companies
in the Steel industry
Industry Median: 13.35 vs SZGPY: 134.34

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.

Salzgitter AG's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.480. 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 $0.02 for the trailing ten years ended in Mar. 2024.

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.

* Premium members only.

Salzgitter AG Cyclically Adjusted Price-to-FCF Chart

Salzgitter 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 - - - - 146.37

Salzgitter AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 - - - 146.37 151.06

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.



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 Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.45/0.02
=122.50

* 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.

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

For example, Salzgitter AG'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)
=-0.48/125.0381*125.0381
=-0.480

Current CPI (Mar. 2024) = 125.0381.

Salzgitter AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.391 99.543 0.491
201409 0.341 99.823 0.427
201412 0.419 99.543 0.526
201503 -0.068 99.717 -0.085
201506 -0.286 100.417 -0.356
201509 0.173 100.417 0.215
201512 0.221 99.717 0.277
201603 -0.387 100.017 -0.484
201606 0.023 100.717 0.029
201609 -0.145 101.017 -0.179
201612 0.303 101.217 0.374
201703 -0.180 101.417 -0.222
201706 -0.194 102.117 -0.238
201709 0.235 102.717 0.286
201712 0.111 102.617 0.135
201803 0.057 102.917 0.069
201806 0.002 104.017 0.002
201809 0.053 104.718 0.063
201812 0.255 104.217 0.306
201903 -0.060 104.217 -0.072
201906 -0.340 105.718 -0.402
201909 -0.042 106.018 -0.050
201912 0.064 105.818 0.076
202003 -0.500 105.718 -0.591
202006 -0.159 106.618 -0.186
202009 -0.099 105.818 -0.117
202012 0.021 105.518 0.025
202103 0.067 107.518 0.078
202106 0.078 108.486 0.090
202109 -0.413 109.435 -0.472
202112 0.230 110.384 0.261
202203 -0.154 113.968 -0.169
202206 -0.358 115.760 -0.387
202209 0.206 118.818 0.217
202212 0.588 119.345 0.616
202303 0.097 122.402 0.099
202306 -0.122 123.140 -0.124
202309 0.281 124.195 0.283
202312 0.015 123.773 0.015
202403 -0.480 125.038 -0.480

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

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


Salzgitter AG (Salzgitter AG) Business Description

Industry
Address
Eisenhüttenstrasse 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 trading segment. Steel Production Business Unit manufactures high-quality branded steel & special steel. Steel Processing Business Unit produce a broad spectrum of high-grade plate products. Trading Business Unit operates a tightly-knit European sales network & trading companies & agencies that ensure that Salzgitter Group's products & services are marketed efficiently. 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.

Salzgitter AG (Salzgitter AG) Headlines

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