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Siemens AG (WAR:SIE) Cyclically Adjusted Price-to-FCF : 18.03 (As of May. 31, 2024)


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

As of today (2024-05-31), Siemens AG's current share price is zł760.00. Siemens AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was zł42.15. Siemens AG's Cyclically Adjusted Price-to-FCF for today is 18.03.

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

WAR:SIE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.63   Med: 15.77   Max: 20.58
Current: 18.41

During the past years, Siemens AG's highest Cyclically Adjusted Price-to-FCF was 20.58. The lowest was 8.63. And the median was 15.77.

WAR:SIE's Cyclically Adjusted Price-to-FCF is ranked better than
73.62% of 1035 companies
in the Industrial Products industry
Industry Median: 32.99 vs WAR:SIE: 18.41

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.

Siemens AG's adjusted free cash flow per share data for the three months ended in Mar. 2024 was zł7.235. 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 zł42.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Siemens AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Siemens 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.

Siemens AG Cyclically Adjusted Price-to-FCF Chart

Siemens AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.51 15.37 18.83 11.50 14.47

Siemens 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 16.40 16.29 14.47 17.74 18.37

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

For the Specialty Industrial Machinery subindustry, Siemens 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.


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

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

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



Siemens 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.

Siemens AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=760.00/42.15
=18.03

* 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.

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

For example, Siemens 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)
=7.235/125.0381*125.0381
=7.235

Current CPI (Mar. 2024) = 125.0381.

Siemens AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 6.751 99.543 8.480
201409 20.984 99.823 26.285
201412 -0.661 99.543 -0.830
201503 -1.180 99.717 -1.480
201506 3.653 100.417 4.549
201509 23.659 100.417 29.460
201512 -3.850 99.717 -4.828
201603 4.370 100.017 5.463
201606 9.886 100.717 12.273
201609 19.382 101.017 23.991
201612 3.632 101.217 4.487
201703 3.774 101.417 4.653
201706 5.031 102.117 6.160
201709 13.514 102.717 16.451
201712 4.930 102.617 6.007
201803 4.650 102.917 5.649
201806 4.929 104.017 5.925
201809 18.461 104.718 22.043
201812 -1.880 104.217 -2.256
201903 4.362 104.217 5.233
201906 3.542 105.718 4.189
201909 29.642 106.018 34.960
201912 1.030 105.818 1.217
202003 1.754 105.718 2.075
202006 14.906 106.618 17.481
202009 23.742 105.818 28.054
202012 5.843 105.518 6.924
202103 7.147 107.518 8.312
202106 13.326 108.486 15.359
202109 21.742 109.435 24.842
202112 6.021 110.384 6.820
202203 7.102 113.968 7.792
202206 11.936 115.760 12.893
202209 17.009 118.818 17.899
202212 0.447 119.345 0.468
202303 12.429 122.402 12.697
202306 15.758 123.140 16.001
202309 24.504 124.195 24.670
202312 5.667 123.773 5.725
202403 7.235 125.038 7.235

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.


Siemens AG  (WAR:SIE) 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.


Siemens AG Cyclically Adjusted Price-to-FCF Related Terms

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


Siemens AG (WAR:SIE) Business Description

Industry
Address
Werner-von-Siemens-Strabe 1, Munich, BY, DEU, 80333
Siemens AG is a multi-industry company focused on the areas of automation, electrification, mobility, and healthcare. Its top three geographic regions—the United States, Germany, and China—contribute over half of group revenue. Siemens has a 75% investment in separately listed Siemens Healthineers. Recent portfolio activity included the listing of Siemens Energy, spinning out its power and gas and Siemens Gamesa business divisions in 2020.

Siemens AG (WAR:SIE) Headlines

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