GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Schaeffler AG (WBO:SHA) » Definitions » Cyclically Adjusted Price-to-FCF

Schaeffler AG (WBO:SHA) Cyclically Adjusted Price-to-FCF : 8.46 (As of May. 14, 2024)


View and export this data going back to 2017. Start your Free Trial

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

As of today (2024-05-14), Schaeffler AG's current share price is €6.175. Schaeffler AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.73. Schaeffler AG's Cyclically Adjusted Price-to-FCF for today is 8.46.

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

WBO:SHA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.44   Med: 7.47   Max: 8.79
Current: 8.63

During the past years, Schaeffler AG's highest Cyclically Adjusted Price-to-FCF was 8.79. The lowest was 6.44. And the median was 7.47.

WBO:SHA's Cyclically Adjusted Price-to-FCF is ranked better than
82.69% of 491 companies
in the Vehicles & Parts industry
Industry Median: 21.97 vs WBO:SHA: 8.63

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.

Schaeffler AG's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.217. 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 €0.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Schaeffler AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Schaeffler 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.

Schaeffler AG Cyclically Adjusted Price-to-FCF Chart

Schaeffler 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 - - - - 7.20

Schaeffler 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 - - 7.08 7.20 8.52

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

For the Auto Parts subindustry, Schaeffler 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.


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

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

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



Schaeffler 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.175/0.73
=8.46

* 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.

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

For example, Schaeffler 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)
=-0.217/123.6675*123.6675
=-0.217

Current CPI (Mar. 2024) = 123.6675.

Schaeffler AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 99.356 0.000
201406 -0.459 99.543 -0.570
201412 0.000 99.543 0.000
201503 -0.100 99.717 -0.124
201506 -0.029 100.417 -0.036
201509 0.372 100.417 0.458
201512 0.267 99.717 0.331
201603 -0.168 100.017 -0.208
201606 0.492 100.717 0.604
201609 0.390 101.017 0.477
201612 0.381 101.217 0.466
201703 -0.170 101.417 -0.207
201706 0.038 102.117 0.046
201709 0.497 102.717 0.598
201712 0.393 102.617 0.474
201803 -0.104 102.917 -0.125
201806 -0.009 104.017 -0.011
201809 0.298 104.718 0.352
201812 0.371 104.217 0.440
201903 -0.330 104.217 -0.392
201906 0.013 105.718 0.015
201909 0.559 106.018 0.652
201912 0.544 105.818 0.636
202003 0.245 105.718 0.287
202006 -0.395 106.618 -0.458
202009 0.535 105.818 0.625
202012 0.553 105.518 0.648
202103 0.222 107.518 0.255
202106 0.195 108.486 0.222
202109 0.360 109.435 0.407
202112 0.126 110.384 0.141
202203 0.066 113.968 0.072
202206 -0.290 115.760 -0.310
202209 0.388 118.818 0.404
202212 0.384 119.345 0.398
202303 -0.096 122.402 -0.097
202306 0.164 123.140 0.165
202309 0.267 124.195 0.266
202312 0.285 123.668 0.285
202403 -0.217 123.668 -0.217

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.


Schaeffler AG  (WBO:SHA) 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.


Schaeffler AG Cyclically Adjusted Price-to-FCF Related Terms

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


Schaeffler AG (WBO:SHA) Business Description

Industry
Traded in Other Exchanges
Address
Industriestrasse 1-3, Herzogenaurach, BY, DEU, 91074
Schaeffler AG is an automotive and industrial supplier. The company's business is managed based on three divisions: Automotive Technologies, Automotive Aftermarket, and Industrial. The Automotive Technologies division organizes its business in the Engine Systems, Transmission Systems, E-Mobility, and Chassis Systems business divisions. The industrial division distributes components and systems for rotary and linear movements as well as services for a wide range of industrial sectors. The Automotive Aftermarket division is responsible for business with spare vehicle parts. Its Automotive Technologies generates revenue. Its geographical segments are Europe, the Americas, Greater China, and Asia-Pacific.

Schaeffler AG (WBO:SHA) Headlines

No Headlines