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thyssenkrupp AG (thyssenkrupp AG) Cyclically Adjusted Price-to-FCF : (As of Jun. 21, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


thyssenkrupp AG Cyclically Adjusted Price-to-FCF Historical Data

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

thyssenkrupp AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
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thyssenkrupp AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of thyssenkrupp AG's Cyclically Adjusted Price-to-FCF

For the Metal Fabrication subindustry, thyssenkrupp 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.


thyssenkrupp AG's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, thyssenkrupp AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



thyssenkrupp 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.

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

For example, thyssenkrupp 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)
=-0.295/125.0381*125.0381
=-0.295

Current CPI (Mar. 2024) = 125.0381.

thyssenkrupp AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.286 99.543 -0.359
201409 1.346 99.823 1.686
201412 -1.377 99.543 -1.730
201503 -0.105 99.717 -0.132
201506 0.315 100.417 0.392
201509 1.089 100.417 1.356
201512 -1.623 99.717 -2.035
201603 -0.702 100.017 -0.878
201606 0.443 100.717 0.550
201609 2.148 101.017 2.659
201612 -3.234 101.217 -3.995
201703 -0.435 101.417 -0.536
201706 -0.490 102.117 -0.600
201709 3.392 102.717 4.129
201712 -2.796 102.617 -3.407
201803 0.467 102.917 0.567
201806 -0.437 104.017 -0.525
201809 2.718 104.718 3.245
201812 -4.570 104.217 -5.483
201903 0.067 104.217 0.080
201906 -0.129 105.718 -0.153
201909 2.440 106.018 2.878
201912 -4.328 105.818 -5.114
202003 -0.291 105.718 -0.344
202006 -1.310 106.618 -1.536
202009 -4.155 105.818 -4.910
202012 0.057 105.518 0.068
202103 -1.534 107.518 -1.784
202106 -0.521 108.486 -0.600
202109 -0.590 109.435 -0.674
202112 -1.534 110.384 -1.738
202203 -1.389 113.968 -1.524
202206 -0.732 115.760 -0.791
202209 2.198 118.818 2.313
202212 -0.614 119.345 -0.643
202303 -0.359 122.402 -0.367
202306 0.578 123.140 0.587
202309 0.934 124.195 0.940
202312 -1.268 123.773 -1.281
202403 -0.295 125.038 -0.295

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.


thyssenkrupp AG  (OTCPK:TKAMY) 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.


thyssenkrupp AG Cyclically Adjusted Price-to-FCF Related Terms

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thyssenkrupp AG (thyssenkrupp AG) Business Description

Address
ThyssenKrupp Allee 1, Essen, NW, DEU, 45143
thyssenkrupp AG is a diversified industrial group with steel operations and capital goods and services businesses. Its segment includes Materials Services, Bearings, Forged Technologies, Automotive Technology, Steel Europe, Marine Systems, Multi Tracks. The group also provides cross-cutting services to businesses and Corporate Headquarters.

thyssenkrupp AG (thyssenkrupp AG) Headlines

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