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Koenig & Bauer AG (WBO:SKB) Cyclically Adjusted Price-to-FCF : 7.05 (As of May. 01, 2024)


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What is Koenig & Bauer AG Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), Koenig & Bauer AG's current share price is €13.26. Koenig & Bauer AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €1.88. Koenig & Bauer AG's Cyclically Adjusted Price-to-FCF for today is 7.05.

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

WBO:SKB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.1   Med: 9.84   Max: 31.19
Current: 6.77

During the past years, Koenig & Bauer AG's highest Cyclically Adjusted Price-to-FCF was 31.19. The lowest was 5.10. And the median was 9.84.

WBO:SKB's Cyclically Adjusted Price-to-FCF is ranked better than
95.1% of 1020 companies
in the Industrial Products industry
Industry Median: 32.835 vs WBO:SKB: 6.77

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.

Koenig & Bauer AG's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €0.509. 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 €1.88 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koenig & Bauer AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Koenig & Bauer 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.

Koenig & Bauer AG Cyclically Adjusted Price-to-FCF Chart

Koenig & Bauer 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 10.44 9.45 11.77 7.18 6.39

Koenig & Bauer AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7.18 8.52 9.63 7.45 6.39

Competitive Comparison of Koenig & Bauer AG's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Koenig & Bauer 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.


Koenig & Bauer AG's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Koenig & Bauer 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.

Koenig & Bauer AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.26/1.88
=7.05

* 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.

Koenig & Bauer AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Koenig & Bauer AG's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.509/123.6675*123.6675
=0.509

Current CPI (Dec. 2023) = 123.6675.

Koenig & Bauer AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -3.104 99.543 -3.856
201406 1.069 99.543 1.328
201409 4.030 99.823 4.993
201412 0.623 99.543 0.774
201503 -1.772 99.717 -2.198
201506 0.024 100.417 0.030
201509 0.018 100.417 0.022
201512 0.767 99.717 0.951
201603 0.941 100.017 1.164
201606 -1.573 100.717 -1.931
201609 0.339 101.017 0.415
201612 1.625 101.217 1.985
201703 -0.912 101.417 -1.112
201706 -0.309 102.117 -0.374
201709 -0.281 102.717 -0.338
201712 2.906 102.617 3.502
201803 1.324 102.917 1.591
201806 -0.175 104.017 -0.208
201809 2.011 104.718 2.375
201812 0.953 104.217 1.131
201903 -1.836 104.217 -2.179
201906 -3.954 105.718 -4.625
201909 -1.322 106.018 -1.542
201912 9.612 105.818 11.233
202003 -0.906 105.718 -1.060
202006 -3.298 106.618 -3.825
202009 1.257 105.818 1.469
202012 3.637 105.518 4.263
202103 1.696 107.518 1.951
202106 -0.079 108.486 -0.090
202109 0.411 109.435 0.464
202112 3.911 110.384 4.382
202203 -1.165 113.968 -1.264
202206 -0.631 115.760 -0.674
202209 -0.091 118.818 -0.095
202212 2.165 119.345 2.243
202303 -1.390 122.402 -1.404
202306 -1.337 123.140 -1.343
202309 0.276 124.195 0.275
202312 0.509 123.668 0.509

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.


Koenig & Bauer AG  (WBO:SKB) 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.


Koenig & Bauer AG Cyclically Adjusted Price-to-FCF Related Terms

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Koenig & Bauer AG (WBO:SKB) Business Description

Traded in Other Exchanges
Address
Friedrich-Koenig-Strasse 4, Wurzburg, DEU, 97080
Koenig & Bauer AG is engaged in the manufacturing and distribution of sheetfed offset, digital, web offset, and special printing presses. It operates sheetfed offset for packaging, commercial, book, as well as workflow solutions. It also provides digital and offset web presses for newspaper, commercial and industrial printing. In addition, the company provides special presses for banknote and security printing, systems for industrial coding technology, and special machines for printing packaging made of metal, film, and other plastic as well as glass. The firm organizes its business globally through three segments namely Sheetfed, Digital & Web, and Special while generating the majority of its revenue from the Sheetfed activity.

Koenig & Bauer AG (WBO:SKB) Headlines

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