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Volkswagen AG (Volkswagen AG) Cyclically Adjusted Price-to-FCF : (As of Jun. 19, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Volkswagen AG Cyclically Adjusted Price-to-FCF Historical Data

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

Volkswagen AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Volkswagen 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 Volkswagen AG's Cyclically Adjusted Price-to-FCF

For the Auto Manufacturers subindustry, Volkswagen 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.


Volkswagen AG's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Volkswagen AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Volkswagen 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.

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

For example, Volkswagen 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)
=-8.359/125.0381*125.0381
=-8.359

Current CPI (Mar. 2024) = 125.0381.

Volkswagen AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -4.020 99.543 -5.050
201409 3.010 99.823 3.770
201412 -10.265 99.543 -12.894
201503 0.181 99.717 0.227
201506 0.828 100.417 1.031
201509 2.192 100.417 2.729
201512 -13.012 99.717 -16.316
201603 -4.565 100.017 -5.707
201606 -0.173 100.717 -0.215
201609 0.560 101.017 0.693
201612 -15.972 101.217 -19.731
201703 -6.507 101.417 -8.023
201706 -15.855 102.117 -19.414
201709 -2.473 102.717 -3.010
201712 -19.673 102.617 -23.971
201803 2.012 102.917 2.444
201806 -7.182 104.017 -8.633
201809 -0.656 104.718 -0.783
201812 -20.755 104.217 -24.901
201903 -0.805 104.217 -0.966
201906 -1.999 105.718 -2.364
201909 4.376 106.018 5.161
201912 -4.801 105.818 -5.673
202003 -3.959 105.718 -4.683
202006 4.383 106.618 5.140
202009 16.708 105.818 19.743
202012 -0.269 105.518 -0.319
202103 12.347 107.518 14.359
202106 13.678 108.486 15.765
202109 15.478 109.435 17.685
202112 5.973 110.384 6.766
202203 11.714 113.968 12.852
202206 5.658 115.760 6.111
202209 8.842 118.818 9.305
202212 -14.089 119.345 -14.761
202303 1.963 122.402 2.005
202306 -10.266 123.140 -10.424
202309 -0.830 124.195 -0.836
202312 -4.825 123.773 -4.874
202403 -8.359 125.038 -8.359

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.


Volkswagen AG  (OTCPK:VLKPF) 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.


Volkswagen AG Cyclically Adjusted Price-to-FCF Related Terms

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Volkswagen AG (Volkswagen AG) Business Description

Address
Berliner Ring 2, Wolfsburg, NI, DEU, 38440
Volkswagen is one of the world's largest automotive manufacturers. Automotive brands include Volkswagen passenger cars, Audi, Bentley, Lamborghini, Porsche, SEAT, and Skoda. Commercial vehicle brands include MAN, Navistar, Scania, and Volkswagen. The company's financial services group provides dealer financing to support floor plans, consumer financing for vehicle purchases, vehicle leasing, banking, and other financial services. In 2022, Europe was Volkswagen's largest light vehicle market at 41% of total volume, followed by China at 37%, and rest of world at 22%.

Volkswagen AG (Volkswagen AG) Headlines

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