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ATB Austria Antriebstechnik AG (WBO:ATB) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is ATB Austria Antriebstechnik AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


ATB Austria Antriebstechnik AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ATB Austria Antriebstechnik 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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ATB Austria Antriebstechnik AG Cyclically Adjusted Price-to-FCF Chart

ATB Austria Antriebstechnik AG Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted Price-to-FCF
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ATB Austria Antriebstechnik AG Quarterly Data
Dec06 Dec07 Dec08 Jun09 Dec09 Mar10 Jun10 Dec10 Mar11 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Sep14 Dec14 Jun15 Sep15
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Competitive Comparison of ATB Austria Antriebstechnik AG's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, ATB Austria Antriebstechnik 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.


ATB Austria Antriebstechnik AG's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



ATB Austria Antriebstechnik 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.

ATB Austria Antriebstechnik AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec14 is calculated as:

For example, ATB Austria Antriebstechnik AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec14 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec14 (Change)*Current CPI (Dec14)
=-1.011/99.6762*99.6762
=-1.011

Current CPI (Dec14) = 99.6762.

ATB Austria Antriebstechnik AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200512 -3.043 82.937 -3.657
200612 -0.040 84.175 -0.047
200712 -3.316 87.228 -3.789
200812 -0.615 88.384 -0.694
200912 0.136 89.291 0.152
201012 -0.523 91.355 -0.571
201112 -0.253 94.254 -0.268
201212 -0.012 96.875 -0.012
201312 -0.352 98.682 -0.356
201412 -1.011 99.676 -1.011

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.


ATB Austria Antriebstechnik AG  (WBO:ATB) 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.


ATB Austria Antriebstechnik AG Cyclically Adjusted Price-to-FCF Related Terms

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ATB Austria Antriebstechnik AG (WBO:ATB) Business Description

Traded in Other Exchanges
N/A
Address
ATB Austria Antriebstechnik AG develops, manufactures and markets electric motors. The Company's motors have an output between .02 and 250 kW and are used for industrial applications, heating systems, gardening implements and domestic appliances.

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