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Andritz AG (XPRA:ANDR) Cyclically Adjusted Price-to-FCF : 14.40 (As of May. 14, 2024)


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

As of today (2024-05-14), Andritz AG's current share price is Kč1339.50. Andritz AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was Kč92.99. Andritz AG's Cyclically Adjusted Price-to-FCF for today is 14.40.

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

XPRA:ANDR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.11   Med: 14.55   Max: 19.25
Current: 14.75

During the past years, Andritz AG's highest Cyclically Adjusted Price-to-FCF was 19.25. The lowest was 8.11. And the median was 14.55.

XPRA:ANDR's Cyclically Adjusted Price-to-FCF is ranked better than
62.5% of 80 companies
in the Industrial Distribution industry
Industry Median: 26.225 vs XPRA:ANDR: 14.75

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.

Andritz AG's adjusted free cash flow per share data for the three months ended in Mar. 2024 was Kč65.195. 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 Kč92.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Andritz AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Andritz 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.

Andritz AG Cyclically Adjusted Price-to-FCF Chart

Andritz 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 12.06 13.47 16.13 16.49 16.12

Andritz 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 18.55 15.35 13.81 16.12 15.71

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

For the Industrial Distribution subindustry, Andritz 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.


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

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

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



Andritz 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1339.50/92.99
=14.40

* 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.

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

For example, Andritz 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)
=65.195/132.0288*132.0288
=65.195

Current CPI (Mar. 2024) = 132.0288.

Andritz AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -3.155 99.496 -4.187
201409 46.866 99.586 62.134
201412 31.080 99.676 41.168
201503 4.264 99.992 5.630
201506 -16.069 100.492 -21.112
201509 30.501 100.292 40.153
201512 3.090 100.692 4.052
201603 39.095 100.692 51.262
201606 1.293 101.092 1.689
201609 30.465 101.192 39.749
201612 -5.956 102.092 -7.703
201703 30.923 102.592 39.796
201706 -23.627 102.991 -30.288
201709 5.490 103.591 6.997
201712 21.437 104.291 27.138
201803 -11.405 104.491 -14.411
201806 -26.288 105.091 -33.026
201809 -1.675 105.691 -2.092
201812 9.087 106.291 11.287
201903 8.097 106.391 10.048
201906 47.338 106.791 58.525
201909 36.102 106.991 44.550
201912 88.462 108.091 108.053
202003 9.689 108.024 11.842
202006 5.114 107.915 6.257
202009 37.314 108.348 45.469
202012 47.729 109.321 57.643
202103 12.735 110.186 15.260
202106 15.716 110.943 18.703
202109 1.063 111.916 1.254
202112 77.276 113.971 89.520
202203 48.409 117.647 54.327
202206 38.134 120.567 41.759
202209 -0.665 123.811 -0.709
202212 52.508 125.541 55.222
202303 -15.303 128.461 -15.728
202306 -20.508 130.191 -20.798
202309 28.555 131.272 28.720
202312 58.591 132.029 58.591
202403 65.195 132.029 65.195

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.


Andritz AG  (XPRA:ANDR) 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.


Andritz AG Cyclically Adjusted Price-to-FCF Related Terms

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


Andritz AG (XPRA:ANDR) Business Description

Industry
Traded in Other Exchanges
Address
Stattegger Strasse 18, Graz, AUT, 8045
Andritz AG is a producer of high-technology industrial machinery and operates through four operating segments: ANDRITZ Pulp & Paper provides sustainable technology, automation, and service solutions for the production of all types of pulp, paper, board, and tissue, ANDRITZ Metals includes suppliers of technologies, plants, and digital solutions in metal forming, and also includes automation and software solutions, process know-how, and service, ANDRITZ Hydro includes suppliers of electromechanical equipment and services for hydropower plants, and ANDRITZ Separation provides mechanical and thermal technologies as well as services and the related automation solutions for solid/liquid separation, serving the chemical, environmental, food, and the mining and minerals industries.