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Ceconomy AG (XSWX:CEC) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ceconomy AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ceconomy 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.

Ceconomy AG Cyclically Adjusted Price-to-FCF Chart

Ceconomy 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 1.77 1.51 1.38 0.44 0.93

Ceconomy 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 1.07 1.00 0.93 2.06 0.88

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

For the Specialty Retail subindustry, Ceconomy 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.


Ceconomy AG's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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



Ceconomy 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.

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

For example, Ceconomy 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)
=-2.687/125.0381*125.0381
=-2.687

Current CPI (Mar. 2024) = 125.0381.

Ceconomy AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.459 99.543 0.577
201409 3.137 99.823 3.929
201412 12.258 99.543 15.398
201503 -9.538 99.717 -11.960
201506 -1.353 100.417 -1.685
201509 2.983 100.417 3.714
201512 9.258 99.717 11.609
201603 -8.202 100.017 -10.254
201606 -0.381 100.717 -0.473
201609 3.406 101.017 4.216
201612 8.273 101.217 10.220
201703 -8.170 101.417 -10.073
201706 0.541 102.117 0.662
201709 1.252 102.717 1.524
201712 5.032 102.617 6.131
201803 -5.054 102.917 -6.140
201806 0.064 104.017 0.077
201809 1.403 104.718 1.675
201812 4.429 104.217 5.314
201903 -4.716 104.217 -5.658
201906 -1.369 105.718 -1.619
201909 1.230 106.018 1.451
201912 4.410 105.818 5.211
202003 -3.308 105.718 -3.913
202006 -0.701 106.618 -0.822
202009 2.936 105.818 3.469
202012 4.055 105.518 4.805
202103 -5.368 107.518 -6.243
202106 0.202 108.486 0.233
202109 1.942 109.435 2.219
202112 3.654 110.384 4.139
202203 -4.627 113.968 -5.076
202206 -0.909 115.760 -0.982
202209 1.173 118.818 1.234
202212 3.817 119.345 3.999
202303 -3.000 122.402 -3.065
202306 -0.352 123.140 -0.357
202309 1.003 124.195 1.010
202312 3.116 123.773 3.148
202403 -2.687 125.038 -2.687

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.


Ceconomy AG  (XSWX:CEC) 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.


Ceconomy AG Cyclically Adjusted Price-to-FCF Related Terms

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


Ceconomy AG (XSWX:CEC) Business Description

Industry
Address
Kaistrasse 3, Dusseldorf, NW, DEU, 40221
Ceconomy AG is engaged in the consumer electronics retail business. It operates multichannel consumer electronics stores under the MediaMarkt and Saturn brand names; redcoon.de, an online electronics store; and JUKE, a music streaming service that comprises songs, films, games, and e-books. The company also operates iBOOD, a live-shopping portal; Flip4New, a purchasing service for consumer electronics, which allows customers to sell used electronic articles; and LocaFox, a local commerce platform that connects local retailers with the multichannel world. Its operating segment includes DACH; Western/ Southern Europe; Eastern Europe and others. The company derives a majority of its revenue from the DACH segment which includes Germany, Austria, Switzerland, and Hungary.

Ceconomy AG (XSWX:CEC) Headlines

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